Aave Labs Unveils Plans to Upgrade its Protocol to Version 4
🔹The new upgrade includes flash loan feature, customizable risk management, and more granular control.
🔹Aave protocol has plans of integration with major developers to make DeFi accessible to all.
🔹The new protocol will have the ability to create and manage several markets within the same ecosystem.
🔹Aave has a feature that protects against sharp price drops by allowing users to choose their level of risk.
🔹The proposed improvement aims to reduce the barrier to entry for DeFi and makes finance accessible to the masses.
🔹The upgrade is well-received by the community, signaling positivity by the market.
🔹Aave's innovation will potentially transform the DeFi sector and sets a new standard for other protocols.

Coinbase Announces Support for Neon EVM (NEON) on Solana Network
🔸Neon EVM is the first-ever solution allowing Ethereum-based applications to run directly on Solana.
🔸This integration will significantly reduce transaction costs and increase speed for Ethereum apps.
🔸The move aims to bring more developers and users to the Solana ecosystem.
🔸The decision follows Solana's recent growth; its native token SOL has become one of the top ten cryptocurrencies by market cap in 2024.
🔸Neon Labs, the team behind Neon EVM, expressed excitement about this development and potential future collaborations with Coinbase.
🔸This announcement marks another significant step in bridging the gap between Ethereum and other blockchain networks.

#SOL $SOL

Payments Giant Stripe Expands Crypto Return With Avalanche Integration
🔸Stripe now supports Avalanche (AVAX), encouraging its adoption as a payment method.
🔸The reintroduction of crypto was spurred by increasing demand from Stripe's users.
🔸This move marks a change in the crypto stance of Stripe, which stopped Bitcoin support in 2018.
🔸More businesses are anticipated to start accepting AVAX as payment.
🔸Avalanche's fast transaction and low fees are highlighted as reasons for Stripe's choice.
🔸This partnership supports overall growing trends of wider cryptocurrency adoption.
$AVAX $AVAX

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Bitcoin Payments App Strike Launches for European Customers
🔹Strike uses Bitcoin's Lightning Network to enable cheap and instant cross-border transactions.
🔹The company is in collaboration with BCB Group for regulatory compliance.
🔹Strike's CEO, Jack Mallers, aims to make Bitcoin a global medium of exchange.
🔹The app has recently gained popularity due to El Salvador making Bitcoin legal tender.
🔹Strike has seen tremendous success in the U.S and is expanding operations to meet global demand.
#STRK $STRK #Strike

Liquid Restaking Protocol Puffer Raises $18M, Led by Brevan Howard, Electric Capital
🔸The round was led by hedge fund Brevan Howard and venture capital firm Electric Capital.
🔸Puffer, a liquid re-staking protocol, has successfully concluded an $18M funding round.
🔸The protocol aims to streamline staking in decentralized finance (DeFi), boosting returns for investors.
🔸Puffer will allow users to compound their earnings in a liquid way, creating a more efficient process.
🔸The protocol plans to launch in the second quarter of this year.
🔸Brevan Howard, an active DeFi investor, recently backed other crypto projects like Twin Finance and Solana.
$ID #ID

VeChain Teams Up with UFC to Tokenize Fighter Gloves, Community Reacts
🔸Fans can now own digital tokens representing their favorite fighters' gloves.
🔸The initiative aims to enhance the fans' experience and bring them closer to the sport.
🔸The partnership has generated mixed reactions, but the majority are positive.
🔸This is the first-time UFC is venturing into tokenization, marking a significant step in sports and blockchain industry.

$VET #VET

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Illuvium raises $12 million ahead of its ecosystem launch
🔸The game blends elements of role-playing, auto battler, and open-world exploration, a unique combination in the gaming industry.
🔸Illuvium's primary appeal lies in its NFT integration - players can collect and trade in-game assets as NFTs, translating in-game success into real-world value.
🔸The funds will be used to augment game development and marketing efforts, demonstrating confidence in its future success.
🔸Illuvium is an example of the continued growth and potential of blockchain technology within the gaming industry.
🔸The upcoming game shows the growing trend of NFT application in the gaming world.
🔸Investors' interest in backing Illuvium illustrates a positive outlook for blockchain-based gaming.
🔸The merging of NFTs with gaming could potentially redefine the economics of gaming.
🔸The increasing number of blockchain-based games signals the future of the gaming industry.

$ILV #ILV #Illuvium

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FetchAI, SingularityNet and Ocean Protocol Propose Merger to Build Largest Decentralized AI Ecosystem
🔸The three decentralized networks have come together to build a platform aiming to make AI more accessible.
🔸Their objective is to tackle the control of AI by big tech companies.
🔸The Collective will operate as a decentralized autonomous organization (DAO).
🔸The merger will enable access to extensive AI and machine learning (ML) services.
🔸This collaboration motivates community input in AI development.
🔸The novel AI cooperation plans to entirely crowdsource AI tools.
🔸It expects the integration of three blockchain platforms to solve AI's governance problems.
🔸The access to millions of dollars of compute power via Ocean's datatokens is a key feature of this merger.
🔸This enables anyone anywhere to contribute data or become an AI service provider.

$AGIX #AGIX

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Optimism allocates $3 billion in OP tokens to its blockchain developers and projects
🔸The funding round was led by Andreessen Horowitz, a renowned venture capital firm.
🔸Optimism has successfully raised $70 million in Series B funding round in 2024.Notable participants included Paradigm, Three Arrows Capital, and Polychain Capital.
🔸Funds will be used to expand Optimism’s team and develop its Ethereum Layer 2 scaling solution.
🔸Optimism aims to reduce Ethereum's high transaction costs and improve its scalability.
🔸The company plans to launch its mainnet this year after a successful testnet phase.
🔸The Layer 2 solution could help Ethereum compete with other fast-growing blockchain networks.
🔸The funding signifies growing investor interest in blockchain scalability solutions.

$OP #OP #Optimism

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Layer-1 Blockchain WAX Signs Deal With Amazon Web Services
🔹WAX will leverage AWS's advanced technology to enhance the scalability and robustness of its platform.
🔹WAX is also planning to develop decentralized finance and non-fungible token (NFT) features using AWS.
🔹This partnership denotes a significant move from Amazon in the Blockchain industry.
🔹The collaboration will likely bring a new scale of speed, reliability, and security to the WAX Blockchain.
🔹The deal marks the expansion of AWS into the gamified NFT space, a rapidly growing sector of the blockchain industry.
$WAXP #WAXP

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Floki unveils roadmap with SWIFT, SEPA integration
🔹The integration will enable direct buying of Floki tokens without the need for other cryptocurrencies.
🔹The roadmap includes a move towards becoming a utility token and creating an ecosystem around it.
🔹Floki's price has increased by 10,000% since its launch in June 2023.
🔹There are plans for a FlokiSwap exchange and a NFT marketplace named Valhalla.
🔹The team also aims to create educational content about cryptocurrency through 'Floki University'.
🔹Floki Inu is named after Elon Musk's Shiba Inu dog, demonstrating the influence of high-profile figures on crypto trends.

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#FLOKI $FLOKI #MEME

Google adding Ethereum Name Service data into search results through Etherscan
🔹This enables users to access the full ENS data history visibly on Google.
🔹The data is collected from the Ethereum Name Service, which assigns names to Ethereum addresses.
🔹This move makes blockchain data more accessible to the general public.
🔹On the technical side, Google BigQuery handled the data pipeline from Etherscan.
🔹By making Ethereum data easily searchable, Google aims to promote transparency and accountability of blockchain.
🔹It's the first time Google Search has taken a step towards integrating blockchain data.
🔹This move marks significant mainstream tech recognition for blockchain technology and Ethereum specifically.

$ENS #ENS

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Pantera Capital eyes $250 million SOL purchase from FTX estate
🔹The deal, significant due to its size, has the potential to further bolster Solana's market position.
🔹Solana blockchain is gaining popularity for its scalability and speed, processing 65,000 transactions per second.
🔹This purchase, made at a time when Solana is experiencing a surge in developer activity and application launches, underscores Pantera Capital's confidence in the platform's future.
🔹Last year, Pantera Capital raised a $600 million crypto fund intending to invest more in Solana and other blockchain projects.
🔹The deal also signifies the increasing trust and investment by major financial institutions in blockchain technology and cryptocurrency markets.

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Crypto Wallet SafePal Ventures into Banking with New USDC Visa Card
🔹The card allows users to spend their USDC stablecoin at any merchant accepting Visa.
🔹Users can also withdraw cash from ATMs worldwide using the card.
🔹The move aims to bridge traditional finance and the crypto world, bringing cryptocurrency into everyday use.
🔹 SafePal has partnered with Circle, issuer of USDC, for this initiative.
🔹 The card will initially be available in over 30 countries including the UK, Canada, Germany, and France.

#SFP $SFP
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Spanish telecom giant Telefonica taps Chainlink to secure API connections on Polygon

One of Spain’s largest telecommunication companies, Telefonica, has selected Chainlink to connect its systems to Polygon. Spanish telecom giant Telefónica has announced a partnership agreement with Chainlink Labs to leverage Chainlink Functions to establish secure connections.

$LINK $MATIC #LINKUSD #MATIC #LINK

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Maker of Oreo and Cadbury Chocolates Joins Hedera Council to Accelerate Blockchain Adoption

On February 14 the company behind Oreo and Cadbury Chocolate, Mondelēz International, announced that it’s joining the Hedera Council, the entity that governs the Hedera Network, “a sustainable public ledger for the decentralized economy.”

$HBAR #HBAR

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Revolut to List Bonk, Distribute $1.2M of Meme Coin in 'Learn' Campaign

Solana's biggest meme coin BONK will list on Revolut, which plans to run a $1.2 million "learn" campaign for users.

#SOL #BONK $SOL $BONK

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Citi Bank Tests Tokenization of Private Equity Funds on Avalanche

The firm tested a variety of use cases through Avalanche's subnet with a focus on private markets.

#AVAX $AVAX

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Avalanche App Battle.tech Brings SocialFi to Gaming With 'Player Passes'

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Can a gaming focus help Battle.tech outlast the typical SocialFi hype cycle? A look at the new “Kickstarter for esports” Avalanche app.
#AVAX $AVAX

Food Company Mondelēz International Joins Hedera Council to Experiment With DLT

The company will use the Hedera Hashgraph technology to improve business efficiencies.

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$HBAR #HBAR