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​​Crypto News Digest: Key Updates You Need to Know
This digest provides a quick overview of the most significant cryptocurrency news, that's worth your attention.
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​​MegaETH has announced the closure of its round $20M seed funding round
MegaLabs, the developer of a new blockchain called MegaETH, raised $20M in a seed round led by Dragonfly Capital. Additional round participants included Big Brain Holding, Figment Capital, Folius Ventures, Robot Ventures, Tangent, Credibly Neutral, and angels such as the co-founder of Ethereum Vitalik Buterin, CEO of Consensys Joseph Lubin, creator of EigenLayer Sreeram Kannan, and Hasu of Flashbots, and others.
The fresh round of capital will go towards building out the MegaETH protocol, with the aim of having a testnet go live in the next few months
👉🏻 coindesk.com/tech/2024/06/27/megalabs-behind-the-real-time-blockchain-raises-20m-led-by-dragonfly
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​​Ponder (PNDR) announces the launch of the Beta version of its platform
Ponder One has released the the Beta version of its platform. This version has over 20 networks integrated into its engine including Ethereum, Avalanche, Linea, Scroll, Arbitrum, and more. Users can now find the best rates for swapping, bridging & more there.
Moreover, Ponder kicked off its Community Race Airdrop together with partners including Lumia, Swing, Quickswap, Everclear, and Hybrid. The campaign will have a prize pool of $15,000. Ponder builds a solution providing a fully integrated comparison tool for crypto-based operations, powered by AI.
👉🏻 x.com/Ponder_One/status/1806296442966827310
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​​Sharpe AI (SAI) has formed a strategic partnership with HyperGPT (HGPT)
Sharpe AI collaborates with HyperGPT, the decentralized AI marketplace and SDK with integrated AI solutions. Sharpe is an AI-powered crypto super-app (recently hit a $250M in volume) designed for professional traders, offering a unified platform for intelligence, investing, and automating digital assets.
👉🏻 x.com/SharpeLabs/status/1806314455174693158
​​Redacted has secured $10M in a funding round led by Spartan Group
Redacted raised $10M for its Web3 entertainment and gamification ecosystem. The round was led by Spartan Group, with participation from Saison Capital, Animoca Brands and Polygon Ventures. and angel investors. Redacted is building an ecosystem of products to form an entertainment datasphere, where Web3 users can play, trade, watch, and get rewarded.
👉🏻 venturebeat.com/games/redacted-raises-10m-for-web3-entertainment-ecosystem
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​​AIT Protocol (AIT) has announced Its partnership with Y8U (Y8U)
AIT Protocol teams up with Y8U, Humans AI-incubated native decentralized protocol that combines content-addressable storage with smart contract-based consent management. Y8U product allows users to create and monetize AI-powered digital clones.
AIT Protocol, incubated by PAAL AI & Metabros, is a Web3 data platform specializing in data annotations and AI model training, backed by Animoca Brands, Morningstar Ventures, Maven Capital, Momentum 6, and others. Previously, AIT Protocol has burned 1M $AIT tokens.
👉🏻 x.com/AITProtocol/status/1806308384955654154
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​​WaterCoin (WATER) has been listed in the Innovation & Meme Zone on Bitget
Trading for the $WATER token is now live on Bitget in the Innovation and Meme zones! Deposits and withdrawals are now open. Moreover, users can stake BTC to mine WATER and participate in a 5.8M WATER giveaway. WATER is the meme coin on Solana with a mission to have a net-positive impact on the real world.
👉🏻 bitget.com/support/articles/12560603811674
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​​XION launches Chain Abstraction to Neutron (NTRN) via Abstract
The integration connects the XION ecosystem to Neutron, a smart contract ecosystem enabling developers to build and scale breakthrough apps. XION is a Layer 1 blockchain purpose-built to abstract away the complexities of Web3 technology. Previously, Burnt (Xion) has raised $36M in total funding from Animoca Brands, Multicoin Capital, Morningstar Ventures, Arrington Capital, Circle Ventures, Hashkey, and more.
👉🏻 xion.burnt.com/blog/xion-launches-chain-abstraction-to-neutron-via-abstract
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​​Coin of the Day by Market Sentiment - Aleph Zero (AZERO)
Aleph Zero is a layer 1 that enables teams to deploy scalable, secure, low-cost, and ZK privacy-enhanced products across multiple verticals.
Predict Aleph Zero price movements on Oriole Insights
👉🏻 app.orioleinsights.io/projects/aleph-zero
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​​AnchorZero announces the closure of its $8M seed funding round
AnchorZero has raised $8M in a seed round co-led by Bain Capital Crypto and Spark Capital, with participation from Robot Ventures, Ethereal Ventures, and others. AnchorZero is a Web3 tax planning solution that provides advanced tax strategies accessible to everyone.
👉🏻 x.com/anchorzero/status/1805603856287412523
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