🪖Hamas Crypto Funding Is Insignificant Relative To Other Sources
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Research from multiple on-chain forensics firms indicates crypto-based funding is an insignificant source of financial support Hamas, the Gaza-based terrorist organization. The findings contradict reports from the Wall Street Journal recently propagated by Senator Elizabeth Warren.
Vitalik Buterin, Ethereum's chief scientist and co-founder, is among a cohort of investors supporting Nocturne Labs, a team focused on enhancing the privacy of Ethereum transactions. Bain Capital and Polychain Capital were also among the backers tipping $6M towards the protocol.
Fantom deployed two testnets for its coming Sonic upgrade. The closed testnet will receive 175M synthetic transactions daily to showcase the upgrade's maximum performance, while the public testnet will enable interactions from any user.
And Variant, a venture capital firm, is doubling down on AI-powered art in the form of BottoDAO. An AI program generates thousands of generative images, with tokenholders voting on which to publish and auction as NFTs.
✍️ In today’s newsletter:
- Crypto donations to Hamas overblown
- Vitalik invests in privacy protocol
- Fantom deploys Sonic upgrades
- AI art entices VC capital
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Watch our video looking at the bullish market action surrounding BlackRock's spot Bitcoin ETF bid. We also spoke to serial entrepreneur and investor Danilo Carlucci about venture capital funding. And check out our podcast with Rocket Pool General Manager, Darren Langley, to learn about the liquid staking landscape.
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