Social Gaming Platform Monkey Tilt Secures $30M Series a Round Led By Pantera Capital
Quick take:
Launched in March 2024, the platform claims to have already amassed a betting volume of over $200 million.
The company plans to use a large amount of the new funding in advertising and marketing.
The company is also looking to establish a tech team to build out its platform, according to an announcement on Thursday.
Monkey Tilt, an online gaming platform that combines elements of entertainment and gambling to create socialised gaming experiences has raised $30 million in a Series
Valantis Secures $7.5M Pre-Seed and Seed Rounds for Modular DEX Protocol
Quick take:
Cyber Fund and Kraken Ventures co-led the pre-seed round, while SevenX Ventures led the seed round.
The pre-seed closed at a valuation of $20 million, while the seed round values the protocol at $40 million.
Other investors in the rounds include Semantic Ventures, Figment Capital and Robot Ventures, with Anthony Sassano and Sandeep Nailwal joining as angel investors.
Valantis, a modular DEX protocol that provides a modular framework for developers to build DEXes using composable
DeSyn Protocol, a decentralized asset management and restaking platform, saw its total value locked (TVL) hit the $1 billion mark on Tuesday, November 19, according to DefiLlama data. The aggregate value of DeSyn pools has nearly doubled since the beginning of the month.
In mid-September, we reported that DeSyn had reached a record $220 million. The protocol’s TVL has more than quadrupled within the last two months, with the majority of gains occurring in the last three weeks.
Sky’s USDS Stablecoin Goes Multi-Chain As It Deploys on Solana
Quick take:
USDS has been exclusive to the Ethereum blockchain since its launch in 2014.
Sky has entered into liquidity incentive agreements with Solana-based DeFi platforms Jupiter, Orca, Kamino, and Drift.
The projects are set to distribute over 300,000 USDS in weekly liquidity incentives.
Sky, formerly Maker has deployed its USDS stablecoin on Solana. Formerly known as DAI, USDS is the third-largest stablecoin by market capitalisation with about $5.37 billion. Teher’s USDT maintains the
Euler Revives After V2 Launch, TVL Surges 500% to $77M
Euler, an Ethereum-based lending protocol, is making a comeback after years of dormancy. The total value locked (TVL) of its v2, which was launched in August of this year, surged to a record $77.3 million on November 18, according to data from DefiLlama.
Euler’s TVL was at $14 million at the beginning of the month and less than $8 million on October 1. After gaining over 500% within the past month, the lending protocol has become one of the best-performing dapps on Ethereum and across the decen
Will Bitcoin Hit $100,000 Before Trump Is Sworn In? Experts Weigh in
Quick take:
Trump’s huge win last week has significantly contributed to the latest rally.
The crypto community expects Trump to create a more conducive environment for the industry in the U.S.
The U.S. President-Elect has already started appointing crypto-centric individuals to key positions in his administration.
The Bitcoin price spiked to hit a new all-time high on Wednesday, after rallying more than 32% in the days following Trump’s election. That rally has sparked speculation in the cry
Wyden Expands Digital Asset Trading Services With CHF 14.5M Series B Led By Truffle Capital
Quick take:
PostFinance, SBI-Sygnum-Azimut Digital Asset Opportunity Fund, and FiveT Fintech joined the round as new investors with existing investor C3 Venture Capital also participating.
The company is targeting markets where digital asset operations are regulated with the same “rigour” as traditional financial services.
Some of the markets highlighted in the announcement include the EU, Switzerland, Turkey, the UAE, Singapore, Hong Kong and Brazil.
Doodles and McDonald’s to Launch Collectible Coffee Cups for the Holiday Season
Quick take:
The collaboration blends McDonald’s coffee experience with Doodles’ animated content for this holiday season.
Each hot McCafé beverage will be served in cups featuring custom artwork from Doodles.
Buyers of the McCafé beverages will unlock an exclusive digital pack featuring an assortment of McDonald’s & Doodles items including Doodle avatars and digital wearables.
Doodles and MacDonad’s have partnered to launch the McCafé holiday cups campaign for this festive period. The collab
Doodles and McDonald’s to Launch Branded Coffee Cups for the Holiday Season
Quick take:
The collaboration blends McDonald’s coffee experience with Doodles’ animated content for this holiday season.
Each hot McCafé beverage will be served in cups featuring custom artwork from Doodles.
Buyers of the McCafé beverages will unlock an exclusive digital pack featuring an assortment of McDonald’s & Doodles items including Doodle avatars and digital wearables.
Doodles and MacDonad’s have partnered to launch the McCafé holiday cups campaign for this festive period. The collab
BlackRock’s BUIDL Fund Expands Access to Five Blockchain Networks
Quick take:
Launched in March 2024, the BlackRock USD Institutional Digital Liquidity Fund (BUIDL) grew rapidly to become the biggest tokenised fund in less than 40 days.
The company said in a press release that users of various blockchains will now be able to interact natively with BUIDL.
Last month, Franklin Templeton also expanded its tokenised money market fund to six blockchains including Aptos and Base.
BlackRock has launched new share classes of the BlackRock USD Institutional Digital
KLend’s TVL Jumps 800% to $9.5M As Investors Chase 3,900% APY for BCH
KLend, a decentralized lending protocol, saw its total value locked (TVL) surge by nine times in the past month to a record $9.5 million, according to data from DefiLlama. The application, which has been around since 2021, had about $1 million in TVL in mid-October.
On November 3, the protocol broke its previous record of $2.4 million set in December 2021. It has been one of the best-performing apps in DeFi in the past week, nearly tripling its value.
Korea’s NH Bank Taps Fireblocks to Launch Blockchain-Powered Tax Refund Solutions
Quick take:
The prototype targets both VAT and GST on eligible purchases at retail outlets.
This is part of NH Bank’s strategy of further enhancing its digital asset capabilities using blockchain technology.
The two companies will also collaborate to pursue other digital asset opportunities including identifying and supporting blockchain-driven projects within NH Bank’s ecosystem.
NongHyup (NH) Bank, one of Korea’s leading banking institutions has signed a Memorandum of Understanding (MoU) w
BlackRock’s BUIDL Fund Expands Access to Seven Blockchain Networks
Quick take:
Launched in March 2024, the BlackRock USD Institutional Digital Liquidity Fund (BUIDL) grew rapidly to become the biggest tokenised fund in less than 40 days.
The company said in a press release that users of various blockchains will now be able to interact natively with BUIDL.
Last month, Franklin Templeton also expanded its tokenised money market fund to six blockchains including Aptos and Base.
BlackRock has launched new share classes of the BlackRock USD Institutional Digital
Overnight Finance Hits Record $120M TVL Amid Base Chain Expansion
Overnight Finance, an asset management protocol offering passive yield instruments, saw its total value locked (TVL) break above the $100 million mark on November 13, according to DefiLlama data. The protocol’s deposits are currently valued at $120 million.
Overnight has gained 90% on Wednesday alone, breaking strong resistance near $90 million. It is one of the best-performing DeFi apps this week.
The decentralized asset manager enables users to put their tokens to work by selecting from mult