⚡️Crypto News Digest: Key Updates You Need to Know
The current report features updates of Solana, Sui, COTI, Renzo, Arkham, Zircuit, MetaMask, FTX, Gunzilla, Aethir, Clearpool, Ozean, and Phantom Wallet.
⚡️ @KAVA_CHAIN $KAVA has announced the launch of its HARD fun memecoin platform
Kava rolls out HARD fun, its decentralized memecoin launchpad platform. The platform will act as a community-led initiative where $HARD token holders can directly influence its destiny. A portion of all HARD fun protocol fees is automatically sent to a community wallet, enabling the holders to vote on reward allocations and platform changes. Kava is a decentralized blockchain that combines the speed and interoperability of @Cosmos with the developer power of #Ethereum.
⚡️ @SuiNetwork $SUI announces its strategic partnership with @FTDA_US
#Sui has entered into a strategic partnership with Franklin Templeton Digital Assets. Under this collaboration, Franklin Templeton Digital Assets will support Sui ecosystem builders and deploy novel technologies. Among the targeted Sui ecosystem projects are @DeepBookonSui and @Karrier_One. Earlier this year, the asset management company Grayscale established the @Grayscale SUI Trust.
⚡️ @ZircuitL2 has unveiled its plans to conduct the $ZRC launch on Nov 25th
Zircuit, an EVM-compatible zero-knowledge rollup, will kick off the #ZRC token launch on November 25th. The project has previously partnered with Catizen's to become the first token launch on its launchpool. Recently launched Zircuit’s mainnet Phase 1 allows users to bridge funds to the ZK rollup and test out dApps in its ecosystem. The firm has recently closed its funding round backed by @BinanceLabs, @Mirana, @Ambergroup_io, @SeliniCapital, @Robotventures, and others.
⚡️ @GaryGensler, the 33rd @SECGov chair, will step down from the commission on January 20th
Gary Gensler, the controversial chair of the Securities and Exchange Commission, will resign on January 20, the day @realDonaldTrump will be sworn in as the 47th president of the United States. Gary Gensler took charge of the SEC in April 2021 and initiated numerous legal fights with crypto projects, including @Consensys, @Immutable, @Cryptocom, and others.
⚡️ @DCGco kicks off a new #AI-focused subsidiary, dubbed @YumaGroup
Digital Currency Group has announced the launch of a new artificial intelligence-focused subsidiary to support the development of the open-source @opentensor $TAO network. The firm will provide startups and established businesses with capital and technical resources to build projects on Bittensor.
⚡️ @Stripe announces the expansion of its crypto products to L1 chain @Aptos $APT
Payments firm Stripe will expand its crypto products to Aptos, while stablecoin issuer Circle plans to bring its USDC stablecoin to the network. Through the integration of the Stripe solution, users will be able to convert government-issued currencies into USDC through Aptos-enabled crypto wallets directly. Earlier in October, Stripe acquired the @Stablecoin platform for $1.1B.
⚡️ Crypto News Digest: Key Updates You Need to Know
The current report features updates of Bitcoin, FLOKI, IOST Foundation, Sui Network, Avalanche, Sophon, Kava, DCG, Emojicoin, pStake Finance, DWF Labs, and CARV.
⚡️ @IOST_Official $IOST proposes an upgrade to introduce PayFi + DePIN solutions
IOST Foundation has proposed a strategic upgrade to a PayFi + #DePIN-focused ecosystem. Among the proposal's key pillars are tokenomics overhaul, $100M strategic ecosystem investments, plans to reach $100M in RWA assets, and others. IOST is an ultra-fast, decentralised blockchain network.
⚡️ @KGeN_IO raises $10M in an ecosystem investment round led by @Aptos
KGeN has announced the closure of its $10M investment round. The funding was led by Aptos with additional participation from @0xPolygon and @G7_DAO. The ecosystem round brings the project's total funding to $30M, following its $20M seed round backed by @Accel, @Animocabrands, @Ivcryptofund, and others. KGeN (Kratos Gaming Network) is a Web3-powered gamer reputation platform leveraging zkML to create verifiable, data-rich player profiles.
⚡️ @ShinamiCorp has announced the closure of its $5.64M seed investment round
Shinami, a builder of a foundational developer platform for Sui and Aptos, raises $5.64M in seed funding. Among investors are @Cbventures, @6thManVentures, @Aptos, @RaceCapital, @Mysten_Labs, @Circle_ventures, and @Movementlabsxyz. Shimani aims to help teams build apps faster, with better UX and less overhead.
⚡️ Coin of the Day by Market Sentiment - @FrenPetonBase $FP
Fren Pet #FP is an incremental idle game that allows players to adopt a pet, feed it, train it, battle against other players, explore the FrenPet world and gain rewards.