The NEAR Foundation has spun off Nuffle Labs, which raised $13 million in funding.
Nuffle Labs builds out NEAR’s Data Availability Layer, the NEAR Fast Finality Layer and other tools in the NEAR modular product suite.
Additional funding came from Canonical Crypto, Fabric Ventures, Robot Ventures, Caladan, Lyrik Ventures and angel investors.
https://www.theblock.co/post/299845/near-foundations-new-independent-entity-nuffle-labs-raises-13-million-in-funding
Nuffle Labs builds out NEAR’s Data Availability Layer, the NEAR Fast Finality Layer and other tools in the NEAR modular product suite.
Additional funding came from Canonical Crypto, Fabric Ventures, Robot Ventures, Caladan, Lyrik Ventures and angel investors.
https://www.theblock.co/post/299845/near-foundations-new-independent-entity-nuffle-labs-raises-13-million-in-funding
BNB Chain and Binance Labs launch BNB incubation Alliance (BIA) with top VCs and incubators to foster early-stage blockchain innovation
https://www.bnbchain.org/en/blog/bnb-chain-and-binance-labs-launch-bnb-incubation-alliance-bia
https://www.bnbchain.org/en/blog/bnb-chain-and-binance-labs-launch-bnb-incubation-alliance-bia
Michael Egorov: “The Curve Finance team and I have been working to solve the liquidation risk issue which happened today.
Many of you are aware that I had all my loans liquidated. Size of my positions was too large for markets to handle and caused 10M of bad debt. Only CRV market on lend.curve.fi (where the position was the biggest) was affected.
I have already repaid 93%, and I intend to repay the rest very shortly. It will help users not to suffer from this situation.”
https://x.com/newmichwill/status/1801255607137165390
Many of you are aware that I had all my loans liquidated. Size of my positions was too large for markets to handle and caused 10M of bad debt. Only CRV market on lend.curve.fi (where the position was the biggest) was affected.
I have already repaid 93%, and I intend to repay the rest very shortly. It will help users not to suffer from this situation.”
https://x.com/newmichwill/status/1801255607137165390
Azuro Protocol introduces its airdrop criteria and checker
Check your allocations: https://azuro.org/app/airdrop
Docs: https://gem.azuro.org/concepts/azuro-score/airdrop
https://x.com/azuroprotocol/status/1801245082672107926
Check your allocations: https://azuro.org/app/airdrop
Docs: https://gem.azuro.org/concepts/azuro-score/airdrop
https://x.com/azuroprotocol/status/1801245082672107926
Sophon farming opens on June 18th at 18:00 UTC
Farming: https://farm.sophon.xyz/
Initial asset is Beam with more tba.
https://x.com/sophon/status/1801277574514872515
Farming: https://farm.sophon.xyz/
Initial asset is Beam with more tba.
https://x.com/sophon/status/1801277574514872515
Paradigm has raised its third fund: an $850M venture fund focused on crypto projects at the earliest stage.
https://x.com/matthuang/status/1801283717664526835
https://x.com/matthuang/status/1801283717664526835
SEC Chairman Gary Gensler told Senator he envisions ETH Spot ETF S-1’s will likely be approved by the end of the summer.
https://x.com/EleanorTerrett/status/1801262188780265838
https://x.com/EleanorTerrett/status/1801262188780265838
Injective has announced the Injective Builder House in Brussels
Date: July 10, 2024
Register now: https://lu.ma/InjectiveBuilderHouse
Date: July 10, 2024
Register now: https://lu.ma/InjectiveBuilderHouse
The crypto market is down
BTC Dominance - 53.67%
Market Cap - $2.45T
BTC - $66,737.99 (-1.27%)
ETH - $3,491.57 (-0.5%)
BNB - $600.7 (-1.29%)
IO - $4.78 (-18.52%)
STRK - $0.987 (-3.89%)
W - $0.475 (-5.26%)
https://dropstab.com
BTC Dominance - 53.67%
Market Cap - $2.45T
BTC - $66,737.99 (-1.27%)
ETH - $3,491.57 (-0.5%)
BNB - $600.7 (-1.29%)
IO - $4.78 (-18.52%)
STRK - $0.987 (-3.89%)
W - $0.475 (-5.26%)
https://dropstab.com
A United States district court judge has signed off on the $4.5 billion settlement between Terraform Labs, its co-founder Do Kwon and the Securities and Exchange Commission.
Under the deal, Terraform will pay nearly $3.6 billion in disgorgement, a $420 million civil penalty and around $467 million in prejudgement interest.
On a joint basis with Terraform, Kwon agreed to pay $110 million in disgorgement and $14.3 million in prejudgment interest — along with an $80 million civil penalty.
https://cointelegraph.com/news/judge-approves-4-5b-terraform-sec-settlement
Under the deal, Terraform will pay nearly $3.6 billion in disgorgement, a $420 million civil penalty and around $467 million in prejudgement interest.
On a joint basis with Terraform, Kwon agreed to pay $110 million in disgorgement and $14.3 million in prejudgment interest — along with an $80 million civil penalty.
https://cointelegraph.com/news/judge-approves-4-5b-terraform-sec-settlement
MultiversX is joining forces with CV Pad, a multichain launchpad.
As part of this partnership, MultiversX startups will now be able to launch on CV Pad.
https://multiversx.com/blog/multiversx-projects-launchpad-cvpad
https://x.com/MultiversX/status/1801542979397521781
As part of this partnership, MultiversX startups will now be able to launch on CV Pad.
https://multiversx.com/blog/multiversx-projects-launchpad-cvpad
https://x.com/MultiversX/status/1801542979397521781
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Binance will support the Fetch.ai (FET), Ocean Protocol (OCEAN), and SingularityNET (AGIX) token merge to Artificial Superintelligence (ASI).
At 2024-07-01 03:30 UTC, deposits and withdrawals of Fetch.ai (FET), Ocean Protocol (OCEAN), and SingularityNET (AGIX) will be suspended.
https://www.binance.com/en/support/announcement/binance-will-support-the-fetch-ai-fet-ocean-protocol-ocean-and-singularitynet-agix-token-merge-e485541c370240adba3929fded74f269
At 2024-07-01 03:30 UTC, deposits and withdrawals of Fetch.ai (FET), Ocean Protocol (OCEAN), and SingularityNET (AGIX) will be suspended.
https://www.binance.com/en/support/announcement/binance-will-support-the-fetch-ai-fet-ocean-protocol-ocean-and-singularitynet-agix-token-merge-e485541c370240adba3929fded74f269
Cardano is handing over control of its $681.9 million treasury to its community.
https://coinedition.com/cardano-poised-to-hand-over-681-million-treasury-to-community/
https://coinedition.com/cardano-poised-to-hand-over-681-million-treasury-to-community/
Michael Egorov: “In other news, bad debt is ZERO now!”
https://x.com/newmichwill/status/1801607868602331545
https://x.com/newmichwill/status/1801607868602331545
Phase 2 of the Season 1 EIGEN stakedrop is coming soon.
https://x.com/eigenfoundation/status/1801635420611956795
https://x.com/eigenfoundation/status/1801635420611956795