{
Venture Capital

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}
gate group acquires coin master to enter japanese crypto market
Gate Group has acquired Coin Master Co., Ltd., renaming it Gate Japan, marking its entry into the regulated Japanese crypto market. This strategic move leverages Coin Master's established reputation for security and compliance, aiming to enhance digital asset services while adhering to Japan's stringent regulations. The acquisition aligns with Japan's exploration of lighter crypto regulations to foster innovation and investor protection.
Crypto News Flash
SGP JPN
Finance & Economy, Press Release
07:00 24.12.2024
avalon labs raises 10 million to boost bitcoin backed stablecoin adoption
Avalon Labs has raised $10 million in a Series A funding round to enhance the adoption of its Bitcoin-backed stablecoin, USDa, and expand its decentralized finance offerings. Unlike fiat-backed alternatives, USDa allows users to collateralize Bitcoin holdings at a fixed borrowing rate of 8%, providing liquidity while maintaining exposure to Bitcoin's price appreciation. Since its launch in November 2024, USDa has gained significant traction, surpassing $700 million in total value locked and becoming the second largest collateralized debt position project globally.
Coinspeaker
Ripples USD PayPal Holdings, Inc. ARE USA GBR Show more
Finance & Economy, Market Report
20:11 23.12.2024
Usual secures 10 million in Series A funding led by Binance and Kraken
Usual, a decentralized stablecoin protocol, has secured $10M in a Series A funding round led by Binance Labs and Kraken Ventures, with participation from various notable investors. The protocol has surpassed $1.4B in Total Value Locked and ranks among the top 5 stablecoins, pioneering a new era for fiat-backed stablecoins by blending real-world asset security with DeFi's liquidity. With a community-first approach, Usual aims to expand its influence in both DeFi and CeFi, committing 90% of its token allocation to users.
CryptoPotato
United States Dollar BlackRock, Inc. Kraken Energy Corp. Coinbase Global, Inc. FRA Adli Takkal Show more
Finance & Economy, Press Release
19:59 23.12.2024
crypto casino platform winna secures 15 million in seed funding
Winna.com, a crypto-focused casino platform launched in summer 2024, has secured $15 million in seed funding to enhance its offerings and accelerate growth. With over 10,000 active players, the platform emphasizes privacy, trust, and provably fair gaming, featuring a diverse range of games and a commitment to fast payouts. CEO Paul Martens envisions transforming online gaming through innovative crypto games and an exceptional VIP program.
CryptoPotato
CHE CRI Elias Platzer Paul Martens Show more
Finance & Economy, Press Release
19:58 23.12.2024
avalon labs secures 10 million to enhance bitcoin based stablecoin services
Avalon Labs has secured $10 million in a Series A funding round led by Framework Ventures to enhance its bitcoin-based stablecoin, USDa, which maintains a value pegged to the U.S. dollar. The platform currently serves over 200,000 users and manages more than 20,000 bitcoins, aiming to transform bitcoin into a more liquid financial instrument. In addition to USDa, Avalon offers bitcoin-backed loans, yield-generating savings accounts, and credit cards.
SiliconANGLE
United States Dollar PayPal Holdings Inc John Furrier
Finance & Economy, News Article
18:50 23.12.2024
Best Wallet raises over 5 million dollars in token presale for Web3 solution
Best Wallet has raised over $5 million in its presale for the BEST token, aimed at providing a cross-chain storage solution with multi-chain compatibility and advanced trading tools. The presale, currently priced at $0.0233 per token, allows staking, with over 63 million BEST already locked. The platform supports over 60 blockchain networks and features an integrated DEX for optimal trading rates, while future plans include a crypto debit card and advanced portfolio management tools.
Crypto News Flash
BGR
Finance & Economy, Press Release
18:31 23.12.2024
Ethereum and Solana poised for growth as Bitcoin faces market shifts
Mike Ippolito of Blockworks predicts a resurgence for Ethereum and Solana, with the U.S. leading the global crypto scene by 2025. He anticipates a significant rise in stablecoins, a shift in Solana's issuance policy due to inflation concerns, and a growing focus on AI tokens. Crypto VC funding is expected to reach $20–$25 billion, while Robinhood may rival Coinbase as the top U.S. exchange.
benzinga.com/markets/cryptocurrency/24/12/42652784/ethereum-solana-outfox-bitcoin-xrp-in-industry-experts-205-crypto-predictions
Robinhood Markets, Inc. Coinbase Global, Inc. USA Mike Ippolito
Finance & Economy, Market Report
17:26 23.12.2024
Ethereum and Solana poised for growth as Bitcoin faces market shifts
Mike Ippolito of Blockworks predicts a resurgence for Ethereum and Solana by 2025, with the U.S. leading the global crypto landscape. He anticipates a significant rise in stablecoins, a shift in Solana's issuance policy due to inflation, and a growing focus on AI tokens. Crypto VC funding is expected to reach $20–$25 billion, while Robinhood may rival Coinbase as the top U.S. exchange.
benzinga.com/markets/cryptocurrency/24/12/42652784/ethereum-solana-outfox-bitcoin-xrp-in-industry-experts-2025-crypto-predictions
Robinhood Markets, Inc. Coinbase Global, Inc. USA Mike Ippolito
Finance & Economy, Market Report
17:25 23.12.2024
crypto casino winna.com secures 15 million in seed funding for growth
Winna.com, a crypto-focused casino platform launched in summer 2024, has secured $15 million in seed funding to enhance its offerings and accelerate growth. With over 10,000 active players, the platform emphasizes privacy, trust, and a provably fair gaming system, featuring a diverse range of games and a unique VIP program. CEO Paul Martens envisions transforming online gaming through innovative crypto games and industry-leading rewards.
Crypto News Flash
United States Dollar CHE CRI Elias Platzer Paul Martens
Finance & Economy, Press Release
17:03 23.12.2024
Trump appoints Bo Hines to lead presidential crypto advisory council
President-elect Donald Trump has appointed Bo Hines as the Executive Director of the Presidential Council of Advisers for Digital Assets, where he will collaborate with David Sacks to promote innovation in the crypto industry. Hines, a former Republican House nominee, expressed his gratitude for the opportunity and commitment to advancing digital assets as a key component of technological progress in the nation.Additionally, Trump has selected Paul Atkins, a former SEC commissioner, to lead the regulatory agency, positioning him as a crypto-friendly alternative to current Chair Gary Gensler. Alongside Hines, Sriram Krishnan has been named Senior Policy Advisor for Artificial Intelligence at the White House Office of Science and Technology Policy.
Decrypt
USA Donald Trump David O. Sacks Wiley Nickel Bo Hines Ryan Salame Paul Atkins Sriram Krishnan Gary Gensler Show more
Finance & Economy, Social Media Post
23:39 22.12.2024
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