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

Hyperliquid prepares to launch its HYPE token; MARA purchases bitcoin; Celsius distributes $127 million; Coinbase's Celo decision causes community backlash; gamified AI Freysa retains $40,000 in crypto.

theblock.co • 28/11/2024 - 15:16 PM

Hyperliquid plans to launch HYPE token in Nov. 29 'genesis event'

Hyperliquid plans to launch its native token, HYPE, during a genesis event scheduled for 07:30 UTC on Nov. 29.

theblock.co • 28/11/2024 - 06:33 AM

PROTOCOLS

DeFi derivatives protocol Cega to sunset platform by end of year following acquisition

Cega Finance, a DeFi protocol that offers structured investments and exotic options strategies, announced it has been acquired by a “leading protocol” and will sunset its platform by the end of the year. The acquirer has chosen to remain private, according to Cega’s team.

theblock.co • 27/11/2024 - 19:38 PM

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

Avant, a crypto yield protocol, raised $6.5 million in seed funding to expand its DeFi offerings, including a stable-value token, avUSD, with plans for governance token AVANT.

theblock.co • 27/11/2024 - 18:55 PM

WalletConnect launches first airdrop season with 50 million tokens allocated to community members

WalletConnect rolled out the eligibility checker for the first season of its airdrop, allowing users to stake tokens for governance. During the first season of the airdrop, 50 million tokens have been allocated for distribution to over 160,000 eligible users. The tokens are initially non-transferable, but users can stake them for periods ranging from one week to two years, with staking rewards starting on Dec. 19.

theblock.co • 27/11/2024 - 06:24 AM

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

Hyperliquid plans to launch HYPE token in Nov. 29 'genesis event'

DeFi derivatives protocol Cega to sunset platform by end of year following acquisition

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

WalletConnect launches first airdrop season with 50 million tokens allocated to community members

A16z-backed Forta launches Firewall to help prevent smart contract exploits

The Funding: A dozen crypto VCs share what’s next after Trump’s win and bitcoin’s surge

DeFi platform Folks Finance raises $3.2 million Series A at $75 million valuation

AltLayer unveils 'Autonome,' a platform to create and deploy autonomous AI agents

'PayFi' startup Huma Finance expands to Solana in bid to expand trade financing solution

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