Market information update on August 19, 2024
⬇️⬇️⬇️
-----------------------
I. Market news
1. Fed Collins: It will be the right time to start cutting interest rates soon.
2. The number of people filing for unemployment benefits in the United States on June 17 reached 232,000, compared to the previous forecast of 230,000. The total number of people filing for unemployment benefits was 1.867 million.
3. IShares Bitcoin Trust Market Value Surpasses $21.5 Billion.
4. Grayscale ra mắt Grayscale Avalanche Trust.
5. FTX announced that its restructuring plan has been supported by a majority of creditors and expects to submit the final voting results by October 7.
-----------------------
II. Update project information
1. Babylon: The first staking milestone of 1,000 $BTC has been officially reached.
2. Magic Eden launches ME token and allows users to qualify for airdrop.
3. Magic Eden expands beyond NFTs to develop mobile DEX.
4. Aethir Announces Roadmap for the Next Six Months: Powering the Future of AI, Gaming Infrastructure, and Decentralized GPUs
5. Binance Labs announced investments in 4 projects in the MVB Program in Q7.
6. Puffer Finance announces new roadmap, TGE set to launch in Q4
-----------------------
III. Update investment information
1. Restaking platform SatLayer successfully raised $8 million in seed round, led by Hack VC and Castle Island Ventures.
2. Crypto lending platform Arch completes $5 million seed funding, co-led by Morgan Creek Digital and Castle Island Ventures.
3. Web3 oracle provider Stork Network has closed a $4 million funding round, led by Lightspeed Faction.
4. Blockchain security audit provider Zellic announces acquisition of smart contract audit platform Code 4 rena.
5. Polygon PoS on-chain private credit fund Credbull raises $5.2 million, led by GnosisVC.
6. GameTeleFi Fantasy Football project successfully raised 1 million USD with the participation of Animoca Brands.
7. Humans.ai acquires blockchain engineering studio Starfish Technologies.
