token launched by the “Hawk Tuah Girl”, Hailey Welch, have filed a lawsuit against the team behind the token for alleged securities law violations. - Link
📌 Vitalik Buterin officially adopts pygmy hippo Moo Deng as part of the Wildlife Sponsorship Program, sparking a MOODENG memecoin rally. - Link
Fundraises 💰
📌 Stablecoin issuer, Tether, announces a $775M strategic investment in video-streaming platform, Rumble, in a move to boost decentralized and community-owned media platforms. - Link
📌 Stablecoin protocol, Usual Money, raises $10M in a Series A funding round led by Binance Labs and Kraken Ventures, with support from Ethena Labs, Galaxy, Ondo Finance, OKX Ventures, and more. - Link
📌 Perpetuals exchange, Valhalla Perps, raises $1.5M in a pre-seed round led by Robot Ventures, with support from GSR, Kronos Research, Hash3, and more. - Link
📌 Bitcoin-focused omnichain liquidity layer, Avalon Finance, raises $10M in a Series A funding round led by Framework Ventures, with participation from Kenetic Capital, UXTO Management SNZ Holding, and more. - Link
Airdrops Abound 🎁
📌 Social data platform, Kaito AI, announces the next Yap initiative, which distributes 150 ETH across the top 1000 ranked “Yappers” on their platform. Users must connect their wallets to the platform by January 1 to participate. - Link
📌 NFT marketplace, Opensea, teases a potential upcoming token with the launch of a new X account, Opensea Foundation.