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AVALANCHE BLACKROCK DECENTRALIZED INFRASTRUCTURE DRAGONFLY CAPITAL INVESTMENT FIRMS PROTOCOLS SOLANA TOKENIZATION

The Daily: BlackRock recommends 1-2% bitcoin allocation, Step Finance plans tokenized stocks on Solana and more

BlackRock, the world’s largest investment firm with $11.5 trillion in assets under management and issuer of the largest spot Bitcoin ETF, recommended allocating up to 2% of multi-asset portfolios to bitcoin in an institutional investor report on Thursday. DeFi platform Step Finance acquired early-stage startup Moose Capital, aiming to bring tokenized stock trading of major companies like Nvidia and Tesla to Solana, targeting a Q1 2025 launch. Avalanche announced it raised $250 million in a locked token sale led by Galaxy Digital, Dragonfly and ParaFi Capital to support its Avalanche9000 upgrade. The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.

theblock.co • 12/12/2024 - 19:08 PM

ASSETS DECENTRALIZED INFRASTRUCTURE PROTOCOLS SMART CONTRACTS

Web3 notifications protocol Push to launch its own Layer 1 chain

Push Protocol is launching Push Chain, a Layer 1 blockchain for web3 apps, improving user experience and scalability with features like smart contracts, wallet abstraction, and fast transactions.

theblock.co • 12/12/2024 - 12:05 PM

CRYPTO DECENTRALIZED INFRASTRUCTURE SEED &AMP; PRE-SEED

Crypto-AI startup Exabits reaches $150 million valuation with $15 million seed round

Exabits, a crypto-AI startup, raised $15 million to tokenize GPUs, aiming to decentralize computing and capitalize on AI's growth potential amidst industry skepticism.

theblock.co • 10/12/2024 - 17:41 PM

AIRDROP COSMOS DECENTRALIZED INFRASTRUCTURE GAME TOKENS

Circle-backed Layer 1 Xion launches mainnet and gamified token airdrop mechanism

Layer 1 blockchain Xion has launched its mainnet alongside a “Double or Nothing” mechanism gamifying its initial token airdrop. Xion secured $25 million in a Series A funding round in April, having previously raised $11 million from Circle Ventures, Animoca Brands, Multicoin and others.

theblock.co • 05/12/2024 - 10:00 AM

CRYPTO DECENTRALIZED INFRASTRUCTURE DEXS PROTOCOLS SEED &AMP; PRE-SEED TOKENS

DeFi.app raises $2 million seed round at $100 million token valuation

DeFi.app raises $2 million to simplify decentralized finance trading, aiming for community-focused token sales and a launch in 2024.

theblock.co • 04/12/2024 - 18:31 PM

ASIA CRYPTO DECENTRALIZED INFRASTRUCTURE ETHEREUM POLYGON SEED &AMP; PRE-SEED TOKENIZATION TOKENS

Crypto-AI startup GAIB raises $5 million in pre-seed funding

GAIB, a crypto-AI startup, raised $5 million to tokenize GPUs, opening AI computing access and launching soon across multiple blockchains, aiming to democratize the GPU economy.

theblock.co • 03/12/2024 - 17:00 PM

CRYPTO DECENTRALIZED INFRASTRUCTURE ETHEREUM MEMECOINS TOKENS

The Funding: Why ICOs are being revived

This is an excerpt from the 16th edition of The Funding sent to our subscribers on Dec. 1. The Funding is a fortnightly newsletter written by Yogita Khatri, The Block’s longest-serving editorial member. To subscribe to the free newsletter, click here.

theblock.co • 01/12/2024 - 16:01 PM

BANKRUPTCY FILINGS BASE BITCOIN COINBASE CRYPTO CRYPTO BANKS AND LENDERS DECENTRALIZED INFRASTRUCTURE DERIVATIVES DEXS ETHEREUM GAME DEVELOPERS MINING COMPANIES OPTIMISM PROTOCOLS ROLLUPS SEED &AMP; PRE-SEED TOKENS WALLET MAKERS

The Daily: Hyperliquid set for HYPE token launch, MARA purchases $615 million in bitcoin and more

Decentralized perpetual trading platform and Layer 1 chain Hyperliquid is set to launch its HYPE token on Friday during a genesis event at 2:30 a.m. ET. Bitcoin miner MARA has acquired another 6,474 BTC, valued at around $615 million, boosting its total holdings to 34,794 BTC worth $3.3 billion — the largest of all public miners. Defunct centralized crypto lender Celsius is distributing $127 million in cash or cryptocurrency to creditors in its second bankruptcy payout. The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.

theblock.co • 28/11/2024 - 15:16 PM

AVALANCHE CRYPTO DECENTRALIZED INFRASTRUCTURE PROTOCOLS SEED &AMP; PRE-SEED STAKING TOKENS

Avant, Ethena-like DeFi protocol, raises $6.5 million in seed funding

Avant Protocol has raised $6.5 million in a seed funding round at a $25 million valuation. Avant is an Avalanche-based crypto yield protocol that offers a yield-bearing ‘stable-value’ token similar to the popular Ethena.

theblock.co • 27/11/2024 - 18:55 PM

AIRDROP BASE BINANCE BITCOIN COINBASE CRYPTO DAOS DECENTRALIZED INFRASTRUCTURE ETHEREUM GOVERNANCE VOTES KRAKEN MEMECOINS POLYGON STRATEGIC INVESTMENTS TOKENS WALLET MAKERS

The Daily: Binance unveils reward-bearing asset BFUSD, Movement introduces the MOVE token and more

Binance is set to launch BFUSD on Nov. 27, a reward-bearing margin asset that generates passive rewards by simply holding it or trading futures with it. Movement developers have unveiled plans for its native MOVE token as an ERC-20 on Ethereum, with a total supply of 10 billion tokens. Talus Network has raised $6 million in a strategic funding round led by Polychain Capital at a $150 million valuation. The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.

theblock.co • 26/11/2024 - 19:24 PM

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