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Donut Browser, Agentic Crypto Browser on Solana, Raises $7 Million in Pre-Seed Led by BITKRAFT VC, Hack VC, Hongshan Capital | DeepNewz VC

Business Bytes

Business Bytes · 2m ago

Donut Browser, Agentic Crypto Browser on Solana, Raises $7 Million in Pre-Seed Led by BITKRAFT VC, Hack VC, Hongshan Capital | DeepNewz VC

Donut Browser, a crypto-centric browser built on the Solana blockchain, has successfully raised $7 million in a pre-seed funding round. The company aims to enhance user experience with cutting-edge blockchain technology. This funding will aid in developing and refining their innovative browser solution, integrating seamless crypto functionality within a browsing environment. The round was led by prominent venture capitalists, highlighting strong investor confidence in the potential growth and impact of Donut Browser in the crypto ecosystem.

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Bitcoin slides under $90000, erasing some of gains made under Trump

Economic Times

Economic Times · 6m ago

Bitcoin slides under $90000, erasing some of gains made under Trump

Bitcoin's price fell below $90,000, reversing some gains since Trump's pro-crypto tenure began. Bitcoin dropped from $106,000 amid declining consumer confidence. Despite volatility, some see it as a buying opportunity. Recent events include regulatory shifts, major exchange hacks, and controversies, like Argentina's president's meme coin scandal. A $1.5 billion hack linked to North Korea and meme coins’ speculative nature have raised industry concerns. Solana and other coins also dropped significantly in value.

Ember Sword Shuts Down After $7M Raised and $11M NFT Sales Amid Web3 Gaming Challenges; Aurory Beta Launch Planned | DeepNewz VC

deepnewz

deepnewz · 3m ago

Ember Sword Shuts Down After $7M Raised and $11M NFT Sales Amid Web3 Gaming Challenges; Aurory Beta Launch Planned | DeepNewz VC

Ember Sword, a crypto game, has shut down after raising $7 million and making $11 million in NFT sales. Despite its financial success, the game succumbed to challenges prevalent in Web3 gaming.

True Markets Raises $11 Million Series A Led by Accomplices and RRE, Launches Solana Crypto App with PYUSD | DeepNewz VC

Business Bytes

Business Bytes · 3m ago

True Markets Raises $11 Million Series A Led by Accomplices and RRE, Launches Solana Crypto App with PYUSD | DeepNewz VC

TrueMarkets, a mobile-first DeFi trading app on Solana, has secured $11 million in a Series A funding round. Key investors include the Solana Foundation and PayPal Ventures. The platform aims to integrate centralized finance (CeFi) and decentralized finance (DeFi) with a focus on stablecoin-native, non-custodial trading. This development highlights the growing interest and investment in the DeFi sector, particularly on platforms like Solana that prioritize both security and ease of use.

Hackers stole nearly $2 billion in cryptocurrencies in 2023: report

Economic Times

Economic Times · 1y ago

Hackers stole nearly $2 billion in cryptocurrencies in 2023: report

Hackers stole approximately $2 billion in cryptocurrencies in 2023, marking a decrease from the record-high $3.8 billion stolen in 2022. Some notable incidents include a Hong Kong-based crypto company losing $200 million in a data breach, cyber-criminals stealing $197 million from a crypto lending platform, and a leading crypto exchange witnessing a net outflow of $258 million after a hack. Additionally, over $7 billion has been laundered through cross-chain crime, with North Korea's Lazarus Group linked to the theft of around $900 million.

True Markets Raises $11 Million Series A Led by Accomplices and RRE, Launches Solana Crypto App with PYUSD | DeepNewz VC

Business Bytes

Business Bytes · 3m ago

True Markets Raises $11 Million Series A Led by Accomplices and RRE, Launches Solana Crypto App with PYUSD | DeepNewz VC

True Markets, a mobile-first DeFi trading app on Solana, has successfully raised $11 million in a Series A funding round. This venture was backed by prominent investors, including the Solana Foundation and PayPal Ventures. True Markets aims to integrate centralized finance (CeFi) and decentralized finance (DeFi) by offering stablecoin-native, non-custodial trading solutions, enhancing accessibility and efficiency for users within the digital asset ecosystem.

TheoriqAI, Backed by Hack VC, Launches OKX Wallet Campaign with $50,000 Token Airdrop and 8,700+ Participants | DeepNewz VC

deepnewz

deepnewz · 3m ago

TheoriqAI, Backed by Hack VC, Launches OKX Wallet Campaign with $50,000 Token Airdrop and 8,700+ Participants | DeepNewz VC

Hack VC, backed by TheoriqAI, launched an OKX Wallet campaign featuring a $50,000 token airdrop, attracting over 8,700 participants within 18 hours. The strong response highlights the community's engagement, with participants eagerly signing up, completing quests, and gaining early access to Theoriq's products and ecosystem. This initiative offers a chance for early participation and engagement with Theoriq's offerings.

Hyperdrive Raises $6 Million Series A Led by Arrington Capital and Hack VC on $8 Billion Daily Volume Hyperliquid | DeepNewz VC

Business Bytes

Business Bytes · 3m ago

Hyperdrive Raises $6 Million Series A Led by Arrington Capital and Hack VC on $8 Billion Daily Volume Hyperliquid | DeepNewz VC

Hyperdrive, a spot lending protocol on Hyperliquid, raised $6 million in a Series A funding round. The round was led by Arrington Capital and Hack VC, with participation from Delphi Ventures, CMS Holdings, Amber Group, and Susquehanna International. Hyperdrive focuses on providing yield-generating strategies.

XP Ticket Raises $6.2 Million Led by Blockchange Ventures to Expand Solana Blockchain Platform with Identity Features | DeepNewz VC

Business Bytes

Business Bytes · 3m ago

XP Ticket Raises $6.2 Million Led by Blockchange Ventures to Expand Solana Blockchain Platform with Identity Features | DeepNewz VC

XP Ticket, a Web3 ticketing platform on Solana, successfully raised $6.2 million in a Seed funding round. The round was led by Blockchange Ventures, with additional participation from investors such as L1 Digital and Reflexive Capital.

Cookie DAO Launches Cookiedotfun Platform with $61.5 Million-Backed Sky Ecosystem Spark Project Featuring Snaps to Earn Model | DeepNewz VC

deepnewz

deepnewz · 3m ago

Cookie DAO Launches Cookiedotfun Platform with $61.5 Million-Backed Sky Ecosystem Spark Project Featuring Snaps to Earn Model | DeepNewz VC

Cookie DAO has launched Cookie.fun, a platform within the Sky Ecosystem, supported by a $61.5 million fund. The platform aims to innovate in decentralized finance (DeFi) by leveraging community participation and governance. This launch seeks to enhance user experiences and expand DeFi applications. Additionally, content from the new platform highlights ongoing discussions in the crypto community, such as evaluating projects both pre- and post-Token Generation Events (TGE), with an emphasis on detailed community engagement.

Nasdaq-Listed Classover Holdings Raises $500 Million, Allocates Up to 80% for SOL in $900 Million Solana Treasury Strategy | DeepNewz VC

deepnewz

deepnewz · 2m ago

Nasdaq-Listed Classover Holdings Raises $500 Million, Allocates Up to 80% for SOL in $900 Million Solana Treasury Strategy | DeepNewz VC

Classover Holdings, a Nasdaq-listed company, has secured a $400 million equity deal and is further raising $500 million to establish a treasury reserve based on Solana (SOL). They have already invested $1.05 million in SOL tokens and intend to hold and stake these tokens for the long term, reflecting a significant financial commitment towards Solana's blockchain network.

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