Sharding Weekly (2024/7/29-8/4)
Twitter: @ShardingCapital
Sharding Capital is an early-stage web3-native VC firm based in the UAE.
Welcome to the 42nd edition of Sharding Weekly, which highlight the News, Narratives, and Fundraising!
Highlights:
🔸Welcome to @GOATRollup GOAT Club, a points program designed to deliver lasting value and fair/sustainable rewards to Bitcoin holders of all sizes!
🔸@puff_drgn NFT Mint is about to go LIVE in Puff's Penthouse!!
🔸@wasabi_protocol Blast Gold Phase 2 Vol. 1 Claim is Live!
🔸@InfraredFinance is live on @berachain testnet! Users and protocols can deposit liquidity, earn $iBGT, stake $iBGT, and more
🔸@heurist_ai July Highlights (Mining Season 2 Launch, EthCC Presence, Official Russian Telegram Channel, New Team Members, August Plans)
🔸@Entanglefi created a comprehensive map to help you earn Omnipoints!
📰 News
•US Gov Moves $2b In Silk Road Coins: Onchain - @zoomerfied
•Hong Kong legislator Johnny Ng to discuss adding BTC to financial reserves with “different stakeholders.” - @leviathan_news
•SEC Intends to Amend Complaint Against Third Party Tokens (Like SOL) in Binance Case - @CoinDesk
•Russian parliament passes bill to allow cross-border payments with cryptocurrency - @WatcherGuru
•Ethena Introducing USDe as reward bearing stable margin collateral with @Bybit_Official, up to 20% APR, paid daily - @ethena_labs
•Humpy and compound reached a truce - @0xngmi
•Fed Leaves Rates Unchanged At 5.25-5.5% - @News_Of_Alpha
•Fed Chair Powell says an interest rate cut could come as soon as September - @BitcoinMagazine
•UAE residents can now trade crypto directly with their bank accounts - @60711
•Bank of England cuts rates for the first time since March 2020 - @BitcoinNewsCom
•@OKX_Ventures and @aptos announced a new $10m fund and accelerator dedicated to advancing innovation in Web3 - @okx
•DWF Labs announces that its working on a CeDeFi synthetic stablecoin - @leviathan_news
•U.S. Economy Adds 114,000 Jobs In July, Lowest Since January 2021 // U.S. Unemployment Rate Rises To 4.3%, Highest Since October 2021 - @Investingcom
•$1.3 trillion asset manager Morgan Stanley will allow advisors to offer spot Bitcoin ETFs to clients - @WatcherGuru
•Genesis Begins Distributions To Creditors: BBG - @News_Of_Alpha
•@MicroStrategy acquired an additional 169 BTC for $11.4 million and now holds 226,500 BTC - @saylor
•Michael Saylor's MicroStrategy to raise $2 billion to purchase more #Bitcoin - @WatcherGuru
•Donald Trump says "maybe we'll pay off our $35 trillion debt by handing them a little crypto check, handing them a little Bitcoin." - @WatcherGuru
•Senator Cynthia Lummis Bitcoin Bill Bags 2200 Co-Sponsor Requests - @ChainCatcher_
•The #BITCOIN Act of 2024 also known as the Strategic Bitcoin Reserve bill by Senator @CynthiaMLummis has been officially introduced and referred to the Senate Banking Committee - @Cointelegraph
•Jump Trading recently redeemed $410 million worth of 120,000 wstETH into ETH and then transferred it to CEXs such as Binance and OKX - @WuBlockchain
📖 Narratives
•Everything you wanted to know about $NEIRO - @0xelonmoney
•Progress In Aptos Over The First Half-Year Of 2024: An Everstake Report - @everstake_pool
•Summaries of 19 AI articles by @sequoia - @100y_eth
•Why $AAVE @aave is poised to outperform - @TaikiMaeda2
•Modular Roundup Edition (23rd - 27th July) #44 - @Layer2_M
•@Elixir's successful launch of $deUSD - @CurveCap
•Prime Intellect: Making Magic to Scale AI Training - @0xPrismatic
•RWA ecosystem - @Fisher8Intern
•Random thoughts on the state of crypto: #2 - @DefiIgnas
•Donal Trump’s plan for Bitcoin - @the_smart_ape
•The Road To Based Applications - @Maven11Capital @thetashis
•A Deep Dive Into The World’s First Unbiased Global Financial System: @MakerDAO - @0xkyle__
•Macro Pulse Update 03.08.2024 - @arndxt_xo
•LATEST ALPHA - August 3rd, 2024 - @CryptoShiro_
•BEST ETH YIELDS MEGATHREAD - @phtevenstrong
•Training Agentic AI to Critique Each Other - @IntuitMachine
•Berachain PoL flywheel - @berachain
•What is loss verse rebalancing (LVR) in DeFi? - @poopmandefi
•BTC layer2 / BTCFi - @tmel0211
•Exploring Bitcoin for Data Availability - @intangiblecoins
💰 Crypto Fundraising
DeFi
•@LiquoriceHQ - 1.2m Pre-Seed led by @greenfield_cap
•@BlonkFi - $TBD Pre-Seed led by UOB Venture Management @Signum_Capital
•@aprMEV - $TBD investment from @BinanceLabs
•@AgentLabs - 1m Pre-Seed led by @caladanxyz
•@WeRich_ - 2m Seed led by @FoliusVentures @animocabrands
•@MorphoLabs - 50m Strategic led by @RibbitCapital
•@PichiFinance - 2.5m led by @Signum_Capital UOB Venture Crypto Fund @0xMantle
•@Chateau_capital - $TBD Pre-Seed led by @hack_vc
NFT
•@Mintify - 3.4m
Blockchain Service
•@hyperbolic_labs - 7m Seed led by @polychaincap @FactionVC
•@raadlabs - 2.25m Seed led by @coinfund_io
•@daylightenergy_ - 9m Series A led by @a16zcrypto
•@Lukka - $TBD Strategic investment from @animocabrands
CeFi
•@breakoutprop - 4.5m led by RockawayX
•@Layer2Financial - 10.7m Series A led by @galaxyhq
Social
•@jokerace_io - 3m led by @Maven11Capital
•@icebreaker_xyz - 5m Seed led by @coinfund_io
Chain
•@ParticleNtwrk - $TBD investment from @BinanceLabs
Curated by＠cchungccc
About Sharding Capital
Sharding Capital is an early-stage investment institution focused on supporting founders with great ideas and products that will accelerate a more decentralized future. Our edge lies in our comprehensive post-investment support and deep roots in the Middle East region.
Headquartered in Dubai, Sharding Capital collaborates with governments, funds, exchanges, and incubators to help the Middle East as a region explore the new crypto economy. Due to this positioning, Sharding Capital is able to support our truly global portfolio in precision market penetration and meaningful exposure.
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