⚡ Crypto News Digest: Key Updates You Need to Know
The current report features updates of world, Venice AI, Ethlabs, Donald Trump, Solana, Aave, Morpho, Velocity (prev.Drift), European Union, Arbitrum, Pump fun, and Starknet.
⚡ Venice AI has closed its $65M funding round at $1B valuation led by Dragonfly
Among round participants are Coinbase Ventures, Archetype, North Island Ventures, Morgan Creek Digital, and Liquid 2 Ventures. Venice AI is a privacy-focused generative AI platform.
LAB led Q2 price performance at +6,286%, followed by Velvet (+2,139%) and Collector Crypt (+409%). The top three each cleared +400% over the quarter, with FDVs spanning $401M to $13.4B.
⚡ Open Standard rolls out the Open USD stablecoin in partnership with Visa, Mastercard, and many others $OUSD
Open USD is a new stablecoin for global money movement, designed around three key principles: build for scale, earn by default, and govern collaboratively.
Presenting a list of some recent crypto fundraising rounds, backed by well-known investors such as YZi Labs, a16z crypto, Pantera Capital, Polychain, Galaxy Digital, ParaFi Capital, Bain Capital Crypto, and others. Let's take a look!
⚡ Crypto News Digest: Key Updates You Need to Know
The current report features updates of Hyperliquid, Base, Virtuals, Binance, Kalshi, Securitize, Dreamcash, Arcium, StablecoinX, Aave, Centrifuge, and Sophon.
⚡ Binance will suspend services in EU after failing to secure MiCA license
Binance has announced that the exchange will suspending some services for customers in the EU because it will not have a Markets in Crypto-Assets (MiCA) license in place by July 1.
⚡ Cap (CAP) will hold its exclusive TGE on Binance Wallet via PancakeSwap
The subscription period for the $CAP sale will start on June 26th, at 10:00 AM UTC. Participation is open to all Binance Wallet users who have 225 or more Binance Alpha Points. Cap is a credit platform backed by financial guarantees.