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The Protocol: Lido Backers vs EigenLayer


In this week's issue, we've got the scoop on a new possible rival to restaking pioneer EigenLayer. PLUS Are meme coins an investable asset class? With the latest Runes data and $70M of project fundraisings

Euro Stablecoin Startup StablR Secures €3.3 Million in Seed Funding


Source: IQoncept / Adobe StablR, a euro stablecoin startup that began operating just over a year ago, has successfully raised €3.3 million ($3.5 million) in a seed funding round. The investment comes from a consortium of backers, including crypto derivatives exchange Deribit and venture firms Maven...

Green Bitcoin Mining: Nodal Power Secures $13M for Landfill Gas Conversion


Utah-based Nodal Power, which specializes in turning landfill gas into energy for powering bitcoin (BTC) mining hubs, recently announced a successful $13 million seed round backed by strategic investors. Bryan Black, Nodal’s CEO, stressed the technology’s “potential to make...

NFT platform Recur shuts, despite $50M raise & Big Backers


On Friday, Recur, a startup in the Non-Fungible Token (NFT) space, announced that it would be discontinuing its Web3 platform due to the difficulties of crypto winter. Despite having big names like Hello Kitty and Nickelodeon using its services, Recur’s platform will gradually lose certain...

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