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📬 Inbox Dump #97

Sometimes announcements here didn’t meet the bar to become a news story, sometimes they may have slipped through the cracks, or they came late and we haven’t had a chance to cover.

At The Defiant we cover the most important DeFi-related news and developments but we know many of you are hunting for projects before they are fully developed and before they are newsworthy. Our goal with this installment of the newsletter is to help you find them. Look at this as the starting point to DYOR.

We also include a compilation of DeFi and crypto funding rounds in the past week so you have these in one handy place.

Keep in mind these have been unedited. With that—here we go!

[This post is exclusive to subscribers]

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Inbox Dump!

Bybit Launches In-House AI Tool to Personalize Crypto Trading and Investing

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Apr 7, Bybit, the world’s third most visited crypto exchange, is proud to announce the launch of its new AI program: Tools Discovery. This groundbreaking AI engine provides users with personalized product and strategy recommendations, which are tailored to their individual trading habits and preferences.

Cryptosat Prepares First Ethereum KZG Share to Emanate from an Earth-Orbiting Satellite

the-defiant

California, April 4, Cryptosat is poised to add its entropic share to the Ethereum KZG Ceremony from an earth-orbiting satellite. On Tuesday, April 4 at 06:00 GMT, Cryptosat’s entropy contribution will commence aboard the Crypto2 satellite, marking the first time such a feat has been attempted.

BitKeep’s User Count Exceeds 10 Million, Sets Sights On Expanding Product Suite

the-defiant

Singapore, April 04, Leading Web3 multi-chain decentralized wallet solution BitKeep announced that its total user count has exceeded 10 million. BitKeep will rebrand Bitget Wallet following a $30 million investment last week at a $300 million valuation from the namesake cryptocurrency derivatives exchange.

Binance self-custody wallet launches crypto-to-fiat off-ramp

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Trust Wallet has partnered with MoonPay and Ramp to allow customers to convert their crypto to fiat without using any centralized exchange.

TRON Academy Celebrates Milestones as Blockchain Clubs Research for Innovation

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Switzerland, April 4th — TRON Academy, the initiative focused on equipping the next generation of blockchain leaders and developers from the world’s most prestigious learning environments and universities, celebrated two milestones recently.

Metacade announces partnership with Metastudio ahead of highly anticipated Uniswap Listing

the-defiant

London, UK, 5th April – Metacade, one of the most highly anticipated GameFi projects in 2023, has spectacularly sold out in its final stage presale, raising an impressive $16.4M.

SNOOP DOGG SHINES IN GOLD & DIAMOND LEDGER AT WRESTLEMANIA 39

the-defiant

West Coast rapper Snoop Dogg made an in-ring appearance at WWE’s annual WrestleMania event in Hollywood this past weekend. While in the squared-circle, the rapper was wearing a custom-made gold and black diamond Ledger Nano X hardware wallet at Wrestlemania 39.

Opening of DeepSquare Dev Environment to the AI, Rendering and Gaming Developers Community

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SWITZERLAND, APRIL 04, DeepSquare, a pioneer in distributed high-performance computing (HPC), announced today that it is ready to welcome creators developing AI, Gaming, and Rendering solutions.

Recycle-to-earn with brand new eco-crypto, Ecoterra!

the-defiant

The newest eco crypto project, Ecoterra, seems to offer an ideal solution to the recycling problem! Ecoterra (ECOTERRA) with its recycle-2-earn approach motivates a huge number of individuals to reduce pollution and save the planet by recycling!

AI-NFT creator tool GNT launched by Find Satoshi Lab, the team behind STEPN and MOOAR

the-defiant

Find Satoshi Lab (FSL), the Web3 development studio behind the powerhouse move-and-earn lifestyle app STEPN and NFT launchpad MOOAR, has released an AI-powered NFT creator tool, Generative NFT Tool (GNT).

OKX Marketplace Hits $1B in Institutional Trading Volume

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OKX, the second-largest crypto exchange by trading volume and a leading Web3 technology company, today announced that its Liquid Marketplace, an on-demand liquidity network tailored for institutional traders, exceeded USD1 billion in trading volume in 2023.

OpenEden Launched Tokenized Treasury Bills, Plan Tokenized Bonds, Stocks, REITs

the-defiant

Gemini’s ex-Asia Pacific head, Jeremy Ng, and former head of business development for the region, Eugene Ng, have unveiled their crypto startup, OpenEden. The startup’s first product, the OpenEden T-Bill vault, will offer exposure to tokenized Treasury Bills (T-Bills).

9dcc to launch Treasure Hunt during NFT NYC 2023

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gmoney announced yesterday that his luxury lifestyle brand 9dcc is holding a treasure hunt during NFT NYC. The 9dcc Treasure Hunt will take place on April 12th and participants can win a variety of amazing prizes.

Guarda Wallet and Simplex Launch Zero-Fee Crypto Purchases Promo in Europe

the-defiant

Guarda Wallet, a non-custodial crypto wallet, and Simplex by Nuvei, an industry-leading fiat-to-crypto on-ramp solution provider, have launched a promotional deal for zero-fee cryptocurrency purchases when paying with EUR. This means that European users can now buy BTC, ETH, and LTC at no additional charge.

Funding

Crypto Protocol LayerZero Raises $120M at $3B Valuation

the-defiant

Investors in the latest round included the crypto arm of noted investment firm Andreessen Horowitz, auction house Christie’s, Sequoia Capital, and Samsung Next. The round had 33 total backers, including BOND, Circle Ventures, and OpenSea Ventures.

SwissBorg raises USD 23 million in community funding round

the-defiant

The Swiss crypto startup announced that it closed a Series A community funding round with USD 23 million and 16,600 investors. The startup is a Venture Leaders Fintech alum.

Next-Generation DeFi Platform M^ZERO Exits Stealth Mode With $22.5M Funding Round

the-defiant

The seed capital was led by Pantera Capital and included the Scaramucci-linked SALT Fund, and Mouro Capital, the venture capital operation connected to the Santander Group.

DWF Labs Invests $16M in RACA to Spur Web3 Gaming Ecosystem

the-defiant

Market maker and investment firm DWF Labs has invested $16 million in Web3 company RACA, a deal that includes purchasing an unspecified amount of RACA tokens.

Dragonfly Capital invests $10M in Bitget amid industry recovery

the-defiant

Dragonfly Capital has invested $10 million in cryptocurrency derivatives exchange Bitget, the San Francisco-based venture capital firm announced on April 4.

DeFi Hub Nibiru Chain Valued at $100M After $8.5M Seed Funding Round

the-defiant

Decentralized finance (DeFi) hub Nibiru Chain has closed an $8.5 million seed funding round at a $100 million valuation that was co-led by Tribe Capital, Republic Capital, NGC Ventures, and Original Capital.

Modular Blockchain Astria Raises $5.5M for Shared Sequencer Network

the-defiant

The funding round was led by Maven 11 and included contributions from various prominent crypto investment firms including 1kx, Delphi Ventures and Figment Capital.

Lore Raises $4M for NFT Co-Ownership Platform

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Lore, a co-ownership platform for Web3 collectives, has raised $4 million in a strategic funding round led by Multicoin Capital.