Superform Labs, a cryptocurrency investment application development company, announced the completion of a $3 million strategic round of financing, led by VanEck Ventures, with participation from Polychain Capital, CMT Digital, Amber Group, Node Ventures, BlockTower Capital, Heartcore Capital, Maven11 Capital and UpTop Capital. As of now, its total financing amount has reached $9.5 million. Superform is a permissionless cross-chain yield market that allows DeFi protocols to list their vaults or asset pools, and crypto users can deposit funds into these vaults and earn returns (chainwire)

BlackRock has expressed its stance on Bitcoin allocation for diversified investment portfolios. source: https://coincu.com/296636-blackrock-limits-bitcoin-allocation-to-just-2

Superform, backed by Circle and VanEck, has launched a product that automatically finds yield opportunities in DeFi. source: https://decrypt.co/296130/vaneck-backed-superform-launches-defi-product-for-intelligent-usdc-yield

Investors are caught in a tug-of-war, balancing potential and risk as they await key developments. source: https://ambcrypto.com/bitcoin-etf-inflows-hit-weekly-lows-has-the-bullish-streak-ended/

According to Cointelegraph's disclosure on the X platform, the crypto asset management company Grayscale launched the Optimism Trust Fund. In addition, Grayscale also launched the Lido DAO Trust Fund, which aims to provide investors with opportunities to access the Lido DAO ecosystem.

As 2024 draws to a close, Bitcoin (BTC) and the broader cryptocurrency market are poised for a promising year ahead. The post Top Bank Predicts Institutional Inflows Could Propel Bitcoin to New Heights in 2025 appeared first on Cryptodnes. source: https://cryptodnes.bg/en/top-bank-predicts-institutional-inflows-could-propel-bitcoin-to-new-heights-in-2025/

Step Finance has acquired early-stage startup Moose Capital to facilitate the plans, including regulatory licenses for a Q1 2025 launch. source: https://www.theblock.co/post/330548/step-finance-tokenized-stocks-nvidia-tesla-solana?utm_source=rss&utm_medium=rss

A look at the dark side of rug pulls and the complex manipulation strategies pervading them. source: https://cointelegraph.com/news/defi-rug-pull-crypto-scam-strategies?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Golden Finance launches Golden Web3.0 Daily to provide you with the latest and fastest news on games, DeFi, DAO, NFT and Metaverse industries.

According to PANews, the Avalanche Foundation, despite holding AVAX tokens valued at approximately $3 billion, has successfully raised $250 million through a private token sale. This fundraising effort was led by prominent investors Galaxy Digital, Dragonfly, and ParaFi Capital. Over 40 additional companies participated in the funding round, including SkyBridge and Morgan Creek Digital. The decision to conduct a private token sale, despite the substantial value of AVAX tokens already held by the foundation, highlights the ongoing interest and confidence in the Avalanche network. The funds raised are expected to support the continued development and expansion of the Avalanche ecosystem, which aims to provide a scalable and efficient platform for decentralized applications. This strategic move by the Avalanche Foundation underscores the growing trend of blockchain projects securing significant investments from established financial entities. The involvement of major players like Galaxy Digital and Morgan Creek Digital further emphasizes the increasing integration of traditional finance with the burgeoning blockchain sector. As the Avalanche network continues to evolve, the additional capital is anticipated to bolster its infrastructure and enhance its competitive position in the rapidly expanding decentralized finance landscape.

A new cryptocurrency venture associated with U.S. President-elect Donald Trump has reportedly partnered with a platform linked to controversial activities. This partnership has raised eyebrows due to the platform’s alleged connections with criminal groups. source: https://www.benzinga.com/markets/cryptocurrency/24/12/42460628/trump-backed-crypto-venture-partners-with-reportedly-controversial-platform?utm_source=cryptopanic.com&utm_campaign=partner_feed&utm_medium=partner_feed&utm_content=site

If I were to describe NVIDIA in one sentence, it would be a company that "combines the East and the West."

At present, from the ice-breaking cooperation between Binance and Circle, to the intensive layout of crypto giants, to the frequent financing activities and the gradual improvement of the policy environment, the liquidity and application scenarios of the stablecoin track are expanding rapidly.

Empowering traditional finance and gaining support from asset management giants may be one of the most certain directions.

Recommended readings tonight: 1. New narrative of stablecoins in 2024: clear regulation, entry of traditional finance, and simultaneous development of on-chain and off-chain; 2. Is Meme coin the truly successful GameFi in this cycle? 3. 11 facts after BTC ETF was listed in the United States;

ELIZA is at the intersection of three transformative trends: the rise of autonomous AI agents, the maturation of crypto-driven incentives, and the evolution of open source development models.

As an emerging technology trend, decentralized AI has a challenging road ahead, but it has great potential for development. With the continuous advancement of technology and the gradual maturity of the market, decentralized AI is expected to play a greater role in the future.

In order to fully grasp the development context and future trends of the Meme track, LBank Labs jointly released this research report with MetaEra and Bee Network.

This year is the year of the explosion of stablecoins. Looking to the future, with the clarification of supervision and continuous innovation of technology, the role of stablecoins will become more and more important, both in on-chain and off-chain finance.

Microsoft shareholders overwhelmingly rejected a proposal to add Bitcoin to the company's balance sheet, with only 0.55% in support. The board expressed concerns about Bitcoin's volatility, despite acknowledging its potential as an inflation hedge.