Basit Omeiza
@omeiza
270 Following
72 Followers
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XION has announced an integration with Mercle
XION has integrated with Mercle, a decentralized identity platform. Through its integration, Mercle is bringing a new dimension of self-sovereign identity management to the ecosystem. Moreover, leveraging XION’s Chain Abstraction, users can now seamlessly carry their digital identities and reputations across various blockchains and applications.
XION, built by Burnt, is an L1 chain that is purpose-built for consumer adoption. Burnt has raised $36M in three funding rounds (last at a $500M valuation) backed by Multicoin Capital, Animoca Brands, Morningstar Ventures, Sfermion, HashKey Capital, Arrington Capital, Circle Ventures, GoldenTree and others.
🔗 xion.burnt.com/blog/xion-ecosystem-mercle-launch 0 reply
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Grass has closed Series A round led by Hack VC
Grass, a DePIN focused on verifying internet data, has closed a Series A round led by Hack VC. Other investors in the round include Polychain, Delphi Ventures, Lattice and Brevan Howard Digital. Grass, the flagship product of Wynd Network, revolutionizes internet connectivity by enabling users to monetize their unused network resources. Previously, it raised $4.5M in two funding rounds backed by Tribe Capital, Bitscale Capital, Big Brain Holdings, No Limit Holdings, Mozaik Capital and others.
🔗 x.com/getgrass_io/status/1837497207798616248 0 reply
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Binance [BNB] has unveiled SOL liquid staking token - BNSOL
Binance has introduced BNSOL - Binance $SOL liquid staking token. BNSOL allows users to continue earning staking rewards while keeping the flexibility to trade, lend, or utilize their assets across various Binance products and external DeFi platforms.
Each BNSOL represents 1 staked SOL plus the accumulated staking rewards. Over time, as SOL staking rewards accumulate, the value of 1 BNSOL progressively exceeds that of 1 SOL.
Users can withdraw their BNSOL to their Web3 Wallet and explore Solana protocols that have integrated with BNSOL, such as Kamino, Solayer, Drift, Orca, Meteora, MarginFi, Raydium, Sanctum, Save, Jupiter, and Pyth. Current $BNB price is $544. Current FDV is $79.4B.
🔗 binance.com/en/support/announcement/binance-introduces-bnsol-earn-sol-staking-rewards-and-unlock-liquidity-on-solana-de5969a9c20f42088fcf039101370e15 0 reply
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Huma Finance has raised $38M in Series A and Liquidity funding rounds
Huma Finance has raised $38M via Series A funding and liquidity funding. The equity round was led by Distributed Global. Other investors in the round include Hashkey Capital, Circle, ParaFi, Robot Ventures, Fenbushi Capital, Folius Ventures, Anagram, Race Capital, and TIBAS Ventures.
Part of this raise came as investments into high-yield real-world assets on the platform. For the RWA component, Stellar Development Foundation was the largest participant, dedicating $10M.
Huma Finance is the first Payment Financing (PayFi) network that payment financing by utilizing real-world assets to deliver instant liquidity. In 2023, it has raised $8.3M in seed funding backed by Race Capital, Distributed Global, ParaFi, Circle Ventures, and Robot Ventures.
🔗 blog.huma.finance/huma-raises-38m-to-hyper-scale-its-payfi-network 0 reply
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Gunzilla Games [GUN] has released Off the Grid soundtrack from Grammy winner Lorne Balfe
Lorne Balfe, a Grammy winning composer and musician, has created music for an official soundtrack for Off the Grid game. The OST is now available on Spotify, Apple Music and other platforms. Off the Grid is a next-gen cyberpunk-styled F2P battle royale game built on the GUNZ blockchain, and coming to PlayStation 5, XBOX, and PC.
Previously, Gunzilla Games has unveiled the OTG Pioneers Program. It will provide the exclusive opportunity to community members to play Off The Grid game pre-release and get exclusive rewards crafted specifically for members.
Gunzilla Games is a game developer behind ‘Off The Grid’, a AAA Battle Royale and gaming-focused blockchain GUNZ. It has raised $76M in two funding rounds backed by CoinFund, Blizzard Fund, Morningstar Ventures, Republic Capital and others.
🔗 x.com/playoffthegrid/status/1831995766983774360 0 reply
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Microsoft-backed Space and Time has raised $20M in a Series A funding round
Space and Time Labs has secured $20M in a Series A funding round co-led by Framework Ventures, Lightspeed Faction, Arrington Capital and Hivemind Capital. Other investors in the round include M12 - Microsoft's Venture Fund, DCG, F-Prime Capital, OKX Ventures, Circle Ventures and Alumni Ventures.
Space and Time released Proof of SQL in June, calling it the first sub-second zero-knowledge coprocessor that unlocks trustless data processing at scale.
Space and Time aspires to provide developers with data, tools and infrastructure capable of improving the development of applications "at the intersection" of artificial intelligence and blockchain. In 2022, it raised 30M in seed and strategic funding rounds backed by M12 - Microsoft's Venture Fund, P2 Ventures, SamsungNext and others.
🔗 x.com/SpaceandTimeDB/status/1828419534941733216 0 reply
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XION has introduced XION Foundation and utility token XION
XION has unveiled the XION Foundation, a non-profit organization dedicated to guiding the XION ecosystem and upholding its core values. Meanwhile, XION introduced $XION, the utility token powering the XION Proof-of-Stake (PoS) network that establishes a solid foundation for a flourishing, self-sustaining ecosystem. The details on token distribution and release date will be announced soon.
XION Foundation supports teams building secure, open-source, and decentralized applications within the ecosystem, and its primary aim is to ensure that Web3 is universally accessible through XION.
XION, built by Burnt, is an L1 chain that is purpose-built for consumer adoption. Burnt has raised $36M in three funding rounds (last at a $500M valuation) backed by Multicoin Capital, Animoca Brands, Morningstar Ventures, Sfermion, HashKey Capital, Arrington Capital, Circle Ventures, GoldenTree and others.
🔗 xion.burnt.com/blog/xion-foundation-introduction 0 reply
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Aethir [ATH] will launch Edge Early Adopter Bonus Program on September 1st
Aethir $ATH will roll out Edge Early Adopter Bonus Program on September 1st. During the program period until October 31st, active Edge GPU devices will earn a 60% bonus on top of their base $ATH rewards. This is a bonus in addition to the 23% of the total ATH token supply allocated for mining by Edge devices, this additional bonus significantly amplifies the earning potential for early adopters.
Aethir is a decentralised GPU cloud infrastructure, positioned as an enterprise-grade AI-focused GPU-as-a-service provider, tailored for AI and gaming. Backed by Framework Ventures, Merit Circle, Hashkey, Animoca Brands, and others, Aethir has raised over $32M for its ecosystem. Moreover, it raised around $111M via Node sale on Impossible Finance. Current $ATH price is $0.062. Current FDV is $2.64B.
🔗 blog.aethir.com/blog-posts/powering-edge-compute-aethir-foundation-provides-60-bonus-for-edge-early-adopters 0 reply
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Vessel has raised $10M in a Seed funding round backed by Sequoia Capital
Vessel, a ZK order book exchange, has secured $10M in a seed funding round. Investors in the round include Sequoia Capital, Avalanche Foundation, Algorand Foundation, IMO Ventures, Folius Ventures, Incuba Alpha, and angels from Scroll. Vessel builds a DEX with integrated CEX efficiency, enhanced liquidity efficiency, and advanced ZKP DeFi solutions.
🔗 x.com/VesselFinance/status/1821471653936898165 0 reply
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