Sharding Weekly (2024/8/12-8/18)
Twitter: @ShardingCapital
Sharding Capital is an early-stage web3-native VC firm based in the UAE.
Welcome to the 44th edition of Sharding Weekly, which highlight the News, Narratives, and Fundraising!
Highlights:
🔸Get 20x Mantle powder Boost on @TimeswapLabs
🔸Stake @Uniswap @aave @LidoFinance @CurveFinance to earn @wasabi_protocol Points and Yield & Trade with up to 5x leverage!
🔸@solayer_labs is launching mainnet with Bonk, AltLayer, SonicSVM, and Hashkey!
🔸@zaponchain Presents: Base Gigadrops!
🔸@Entanglefi Omnipoints is Live!
📰 News
•#Bitcoin miner Marathon to raise $250m to buy more Bitcoin - @BTC_Archive
•SEC sends letters to VC funds including A16Z, Union Square Ventures over Uniswap - @bwenews
•Singapore’s biggest bank DBS rolls out blockchain-powered ‘treasury tokens’ pilot - @TheBlock__
•Uniswap’s cumulative front-end revenue surpasses $50 million - @TheBlock__
•CRV turns 4 years, and CRV inflation reduces to 6.35%, which is 375k CRV per day - @CurveFinance
•US inflation falls to 2.9%, lower than expectations - @WatcherGuru
•10K Silk Road BTC ($593.5M) moved to Coinbase Prime - @ArkhamIntel
•Chicago high-frequency trading company DRW Venture Capital discloses $150 million Ethereum ETF holdings - @WuBlockchain
•$2.8 trillion asset manager Goldman Sachs discloses $418 million in Bitcoin ETF holdings - @SolanaFloor
•Introducing MetaMask Card: The world’s first Mastercard debit card that enables instant spending directly from your self-custody wallet - @MetaMask
•Coinbase hints at the upcoming launch of a new tokenized Bitcoin product called cbBTC - @leviathan_news
•SEC approves the first leverage long MicroStrategy ETF - @BitcoinMagazine
•$1.4 trillion Morgan Stanley just bought $187 million #Bitcoin ETF on it’s own portfolio - @Vivek4real_
•Senate Majority Leader Schumer confident in passing bipartisan Crypto Regulation Bill before year's end - @DegenerateNews
•Binance Restarts India Business After Getting Local Registration - @crypto
•The Dubai Court has ruled that paying wages in cryptocurrency is acceptable - @solidintel_x
•The world’s 3rd-largest public pension fund, South Korea’s NPS, has bought $34M in @MicroStrategy shares - @Cointelegraph
•@makerdao removes WBTC as collateral for DAI, disables WBTC borrowing and usage as collateral for SparkLend, and reduces DAI Savings Rate (DSR) to 6% following latest executive vote - @MakerDAO
•$1.5 TRILLION Franklin Templeton just filed to launch a ‘Crypto Index ETF’ that will initially hold #Bitcoin and Ethereum - @RadarHits
•Forms 19b-4 for VanEck and 21Shares Solana ETFs appear to have been removed from the CBOE website - @SummersThings
•Nigeria’s tax watchdog proposes comprehensive crypto bill - @Cointelegraph
📖 Narratives
•$WBTC Takes an L, Will $tBTC Pick Up the W? - @CurveCap
•Community Driven Token-Distribution Protocol: Zap 2.0 - @eli5_defi
•The State of Web3 Growth 2024 - @Safaryclub
•President @realDonaldTrump interview with @elonmusk - @TrumpWarRoom
•How Wrapped Bitcoin (WBTC) Happened and Its Purpose - @loi_luu
•Full cycle overview and what’s coming next - @KingWilliamDefi
•How to find Crypto Narratives? - @0xelonmoney
•The Bullish Case for Ethereum - @DefiIgnas
•Eigenlayer's economic model is broken - @ChainLinkGod
•Top Liquid Restaking Protocols primed for rewards and airdrops - @PinkBrains_io
•Macro Pulse Update 17.08.2024 - @arndxt_xo
•Thoughts on the UX and growth strategies of AI apps - @artoriatech
•BitVM2 - @BobBodily
•Why dynamic parallelism is the key to supporting 5B Internet users - @AveryChing
•Near Ecosystem - @SherifDefi
💰 Crypto Fundraising
DeFi
•@ionprotocol @nucleusearn - 4.8m (Total 7m) led by @GumiCryptos
•@basedvcfund - 2m Seed
•@Satflow_ - 7.6m Seed led by @variantfund
•@OrderlyNetwork - 5m Strategic
GameFi
•@TeleverseTON - 1m Seed led by Summer Capital
Blockchain Service
•@intentessential - 11m Series A led by @archetypevc
•@rhinestonewtf - 5m Seed led by @1kxnetwork
•@myshell_ai - $TBD investment from @BinanceLabs
•@chaos_labs - 55m Series A led by @HaunVentures
•@SlingMoney - 15m Series A led by @usv @RibbitCapital @Slow
•@crunchDAO - 3.5m Seed led by @multicoincap
•@goldilocksmoney - 1.5m Seed led by @shimacapital @hack_vc
Blockchain Infrastructure
•@SaharaLabsAI - 37m (Total 43m) Series A led by @PanteraCapital @BinanceLabs @polychain
•@Rivalz_AI - 9m led by @Delphi_Ventures @Magnus_fund @gate_io @d1ventures @CogitentV
Chain
•@reddio_com - $TBD Seed led by @paradigm Arena Holdin
CeFi
•@parfin_io - 10m Series A led by @paraficapital
•@WSPNpayment - 30m Seed led by @ForesightVen @FoliusVentures
Curated by＠cchungccc
About Sharding Capital
Sharding Capital is an early-stage web3-native VC firm based in the UAE, aiming to supporting aspiring founders from day one. Veteran GPs hence hands-on post investment support and strong roots in the Middle Eastern and Asian crypto market.
About Shard Labs
A crypto native marketing firm. Shard is a marketing powerhouse driving global traction with innovative narratives for web3. We help build narratives and craft masterful multilingual campaigns for EN, CN, KR, and JP markets. With our marketing expertise and KOL network, we strive for local impact, global growth and sustainability for our portfolio.
About Shard Dubai
A premier web3 event in MENA. We connect promising builders with industry leaders, explore emerging narratives, and witness the future of web3 while building a strong community in the Middle East.
.
Note: All information in this Newsletter regarding any company or investment is the sole responsibility of the company providing the information.