Franklin Templeton launches $FOBXX money market fund on Arbitrum, enhancing digital finance integration. Investors can access it via the Benji Investment Platform, bridging traditional and blockchain finance. This marks the first US fund using a public blockchain. #Tokenization
Barcelona to host its second DeFi hackathon on Sep 25-26, 2024, during the European Blockchain Convention (@EBlockchainCon). 250 developers will create dApps, pushing for mass adoption of DeFi. #Update #DeFi #EBC10
Blockchain tech can democratize financial freedom, says Abdul Rafay Gadit. He notes its potential to reduce wealth inequality, but warns that legacy players like Blackrock could threaten inclusivity. One trader turned $2,275 into $2.6M in 8 hours. #Update
In July 2024, Web3 and blockchain projects raised $1.17B, led by @iris_energy with $413.4M. Key investments: Alps Blockchain $113M, Skild AI $300M. This surge highlights blockchain and AI’s growing influence. #Update #Blockchain #AI
“Breaking: $7.6M security breach hits Ethereum Layer 2 Rho Markets due to Oracle control vulnerability. Operations halted; most pools secure. Attacker may return funds if issue acknowledged as misconfiguration. #DeFi #Update $ETH”
“Nethermind partners with NEAR and EigenLabs to launch the Fast Finality Layer, boosting Ethereum Layer 2 scalability and DeFi efficiency. NEAR Protocol drops 6.16%, trading at $6.96. #Blockchain #Update $ETH $NEAR”
Telegram Games aim to bring 30% of users, about 500M people, to Web3 by 2028. Despite low engagement and retention, a 5% conversion rate could make TON a leader in blockchain gaming. #Update #BlockchainGaming
“Binance Labs invests in liquid staking protocol aPriori, leveraging MEV on the Monad blockchain. The $10M funding aims to boost security, optimize performance, and drive blockchain innovation. #Blockchain $BNB #Update”
Ripple invests $10M to tokenize US Treasury bonds on the XRP Ledger via OpenEden, enhancing DeFi access for institutions. As of August 1, 2024, $1.93B is locked in tokenized T-bills. #DeFi #Update
Icebreaker, founded by ex-Coinbase and Google alumni, raised $5M led by CoinFund to build a blockchain-based LinkedIn rival. Valued at $21M, it aims to secure and verify professional identities, tackling AI-driven noise. #Blockchain #Update
“21Shares integrates Chainlink’s Proof of Reserve for real-time Ethereum ETF verification, enhancing transparency and security in digital assets. Investors get automated on-chain verification from Coinbase. #Blockchain #Update $ETH $LINK”
“Breaking: UwU Lend Protocol, founded by Frog Nation’s ex-CFO 0xSifu, hacked for $19.3M in digital assets. Major cryptocurrencies liquidated on Uniswap. Highlights ongoing DeFi security challenges. #Crypto #Update $WBTC”
.@BinanceLabs invests in aPriori to boost blockchain performance. The funding will help reduce gas fees, optimize network traffic, and enhance validator incentives. This marks a key step in advancing liquid staking and the overall crypto ecosystem. #Update
Binance Labs invests in Particle Network to enhance Web3 user experience and liquidity. The project features Universal Accounts for multi-blockchain asset management and plans a mainnet launch in Q2 2025. #Update #Web3 #Blockchain
