Ethena Labs unveils a partnership with World Liberty Financial
#EthenaLabs forges a strategic partnership with #worldlibertyfi , starting with implementing the yield-bearing token, sUSDe. This integration will enhance stablecoin liquidity and utilization rates on the #WLFI protocol, backed by #Aave . World Liberty Financial's governance will be asked to decide on the measure this week.
Ethena is a synthetic dollar protocol on #Ethereum that enables a stable, scalable, crypto-native currency free from traditional banking dependencies.
#Lens secures $31M in a Strategic funding round led by Lightspeed Faction, with participation from Avail, Circle, Consensys, DFG, Fabric Ventures, Foresight Ventures, Superscript, Re7, Wintermute Ventures and others. This investment will accelerate the growth and ecosystem development of Lens.
Lens Protocol is a blockchain-based social graph designed to empower users and content creators in the #Web3 landscape.
Wormhole partners with Nuffle Labs to expand EigenLayer’s restaking functionality
#Wormhole partners with #NuffleLabs to introduce native multichain restaking, with #EigenLayer as the initial implementation, connecting users to the EigenLayer ecosystem without asset bridging or liquidity fragmentation.
The integration combines Wormhole's message-passing architecture, Nuffle Labs' NUFF Protocol, and EigenLayer’s infrastructure to enable staking from any chain while preserving native token functionality. This brings native multichain restaking without bridging, unified liquidity across networks, improved capital efficiency through rapid finality, and seamless access to over 100 AVSs.
#Plume secures $20M in a Series A funding round from Brevan Howard Digital, Haun Ventures, Galaxy Ventures, Lightspeed Faction, Superscrypt, Hashkey, Nomura's crypto arm Laser Digital, A Capital, 280 Capital, SV Angel, Reciprocal Ventures and others. The secured funds will be utilized to speed up the development of its own #Layer1 blockchain.
Plume is a fully integrated and modular chain designed to incorporate real-world assets into the blockchain. It supports diverse asset investments, including art and green energy, while offering fast transactions and low fees.
#HashKey kicks off the #HashKeyChain mainnet. HashKey Chain, built on the #OPStack , is an #Ethereum #Layer2 blockchain designed for high speed, low fees, and a streamlined developer experience. The mainnet launch aims to connect Web2 and #Web3, unlocking innovation with #BTCFi, #RWA, stablecoins, #PayFi, and more. Additionally, developers can explore the $50M Atlas Grant Program to bring its Web3 ideas to life.
#Silencio secures $2.5M in a Seed funding round led by Blockchange Ventures, with participation from Borderless Capital, Master Ventures, Blockchain Founders Fund and Advanced Blockchain. The investment will be utilized to build infrastructure to integrate environmental data into digital platforms and decision-making systems while advancing #Web3 technologies to amplify their global impact on environmental conservation.
Silencio is a #DePIN that uses Web3 technology to create the world's most comprehensive noise data network.
CleanSpark unveils the completion of a $650M offering of zero-coupon Convertible Notes
#CleanSpark announces the completion of its $650M private offering of 0.00% Convertible Senior Notes. The notes are sold to qualified institutional buyers under Rule 144A of the Securities Act. The offering includes $100M in additional notes purchased by the initial buyers through the full exercise of their option.
The company executes capped call transactions to reduce potential share dilution and repurchases 11.76M shares for approximately $145M. The net proceeds of $633.6M fund growth to 50 EH/s, repayment of credit lines, strategic acquisitions, and other corporate purposes.
CleanSpark is a market-leading, sustainable #Bitcoin miner that owns and operates data centers that primarily run on low-carbon power.
Phala Network unveils a partnership with Vana Network
#PhalaNetwork partners with #VanaNetwork to enhance decentralized data privacy and security. Through this partnership, Phala’s Trusted Execution Environment (TEE)-powered solutions will be integrated with Vana’s user-driven data contribution platform, providing strong confidentiality and verifiable data handling across its ecosystem.
Phala Network is a decentralized cloud computing protocol that provides a trustless infrastructure for computing smart contracts.
#ENSLabs partners with Linea to build #Namechain , its #Layer2 solution. ENS Labs chose Linea to integrate their #zkEVM architecture with the upcoming #ENSv2 protocol, aiming to build a scalable foundation for a decentralized identity system.
Namechain, leveraging zero-knowledge proof technology, aims to process and execute transactions off the main Ethereum network while maintaining Ethereum’s security at a reduced cost.
#FuelNetwork will airdrop 1B FUEL (10% of the total supply) to more than 200K eligible wallets. The airdrop will be distributed to pre-depositors, testnet users, NFT connoisseurs, Fuel bridgoors, ecosystem glass eaters, open source community and Fuelet magisters. Fuel airdrop will be claimable at launch on December 19th, 2024, until January 19th, 2025.
#Fuel is a high-performance #Ethereum #Layer2 , powered by the #FuelVM , built for home verification and scalable for all. The project is backed by The Spartan Group, Blockchain Capital, CoinFund, Maven 11 Capital, and others.
Oasys partners and receives investment from Animoca Brands Japan
#Oasys forms a partnership with #AnimocaBrandsJapan and secures an investment from them. As part of the partnership, Animoca Brands Japan will become a validator on the Oasys blockchain, and Oasys will leverage Animoca Brands’ presence and its portfolio and partnership network in the Greater China region to attract and engage more users.
Oasys is a gaming-focused blockchain featuring a highly scalable #Layer1 hub and a specialized #Layer2 built on #Ethereum 's Layer 2 scaling solution.