Daily Recap 4/16/2024

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News

Bloomberg reports that the venture capital firm Andreessen Horowitz has secured $7.2 billion in new funding, to be distributed among various business units within the firm. a16z is also anticipated to continue fundraising into 2025, with an emphasis on cryptocurrency and biotechnology sectors. Link

Binance.US has named Martin Grant to the Board of Directors for BAM Management US Holdings, Inc. Grant, who previously served as the Chief Compliance & Ethics Officer at the Federal Reserve Bank of New York, is currently the Global Head of Regulatory Affairs at JST Digital. Link

Zachxbt conducted thorough investigation into the Prisma Fi exploiter. Link

Projects

Bored Ape Yacht Club - Data from Blur indicates that the minimum price of the Bored Ape Yacht Club collection has dropped below 11 ETH, currently standing at 10.89 ETH. It decreased by 12.08% on the 7th, marking a decline of over 90% from its peak, and reaching its lowest value since August 2021. Link

WOO - WOO has launched an innovation hub focused on the BTC ecosystem and expanding into key growth sectors. Teams will be selected based on their dedication to innovation in Real World Assets, Decentralised Finance, Artificial Intelligence, BTC Layer-2 and Decentralised Personal Information Networks and their ability to integrate WOO centrally in their projects. Link

Puffer Finance - Puffer Finance has secured $18 million in a Series A funding round, co-led by Brevan Howard Digital and Electric Capital. According to co-founder Amir Forouzani, speaking to The Block, this was a SAFT round that raised the valuation of Puffer's tokens to $200 million. Link

Drift - Drift, a Solana-based DEX protocol, is set to launch its token and airdrop 100 million DRIFT tokens to users. Link

Disclaimer: This research report is exactly that — a research report. It is not intended to serve as financial advice, nor should you blindly assume that any of the information is accurate without confirming through your own research. Bitcoin, cryptocurrencies, and other digital assets are incredibly risky and nothing in this report should be considered an endorsement to buy or sell any asset. Never invest more than you are willing to lose and understand the risk that you are taking. Do your own research. All information in this report is for educational purposes only and should not be the basis for any investment decisions that you make.

News

Bloomberg reports that the venture capital firm Andreessen Horowitz has secured $7.2 billion in new funding, to be distributed among various business units within the firm. a16z is also anticipated to continue fundraising into 2025, with an emphasis on cryptocurrency and biotechnology sectors. Link

Binance.US has named Martin Grant to the Board of Directors for BAM Management US Holdings, Inc. Grant, who previously served as the Chief Compliance & Ethics Officer at the Federal Reserve Bank of New York, is currently the Global Head of Regulatory Affairs at JST Digital. Link

Zachxbt conducted thorough investigation into the Prisma Fi exploiter. Link

Projects

Bored Ape Yacht Club - Data from Blur indicates that the minimum price of the Bored Ape Yacht Club collection has dropped below 11 ETH, currently standing at 10.89 ETH. It decreased by 12.08% on the 7th, marking a decline of over 90% from its peak, and reaching its lowest value since August 2021. Link

WOO - WOO has launched an innovation hub focused on the BTC ecosystem and expanding into key growth sectors. Teams will be selected based on their dedication to innovation in Real World Assets, Decentralised Finance, Artificial Intelligence, BTC Layer-2 and Decentralised Personal Information Networks and their ability to integrate WOO centrally in their projects. Link

Puffer Finance - Puffer Finance has secured $18 million in a Series A funding round, co-led by Brevan Howard Digital and Electric Capital. According to co-founder Amir Forouzani, speaking to The Block, this was a SAFT round that raised the valuation of Puffer's tokens to $200 million. Link

Drift - Drift, a Solana-based DEX protocol, is set to launch its token and airdrop 100 million DRIFT tokens to users. Link

Disclaimer: This research report is exactly that — a research report. It is not intended to serve as financial advice, nor should you blindly assume that any of the information is accurate without confirming through your own research. Bitcoin, cryptocurrencies, and other digital assets are incredibly risky and nothing in this report should be considered an endorsement to buy or sell any asset. Never invest more than you are willing to lose and understand the risk that you are taking. Do your own research. All information in this report is for educational purposes only and should not be the basis for any investment decisions that you make.

News

Bloomberg reports that the venture capital firm Andreessen Horowitz has secured $7.2 billion in new funding, to be distributed among various business units within the firm. a16z is also anticipated to continue fundraising into 2025, with an emphasis on cryptocurrency and biotechnology sectors. Link

Binance.US has named Martin Grant to the Board of Directors for BAM Management US Holdings, Inc. Grant, who previously served as the Chief Compliance & Ethics Officer at the Federal Reserve Bank of New York, is currently the Global Head of Regulatory Affairs at JST Digital. Link

Zachxbt conducted thorough investigation into the Prisma Fi exploiter. Link

Projects

Bored Ape Yacht Club - Data from Blur indicates that the minimum price of the Bored Ape Yacht Club collection has dropped below 11 ETH, currently standing at 10.89 ETH. It decreased by 12.08% on the 7th, marking a decline of over 90% from its peak, and reaching its lowest value since August 2021. Link

WOO - WOO has launched an innovation hub focused on the BTC ecosystem and expanding into key growth sectors. Teams will be selected based on their dedication to innovation in Real World Assets, Decentralised Finance, Artificial Intelligence, BTC Layer-2 and Decentralised Personal Information Networks and their ability to integrate WOO centrally in their projects. Link

Puffer Finance - Puffer Finance has secured $18 million in a Series A funding round, co-led by Brevan Howard Digital and Electric Capital. According to co-founder Amir Forouzani, speaking to The Block, this was a SAFT round that raised the valuation of Puffer's tokens to $200 million. Link

Drift - Drift, a Solana-based DEX protocol, is set to launch its token and airdrop 100 million DRIFT tokens to users. Link

Disclaimer: This research report is exactly that — a research report. It is not intended to serve as financial advice, nor should you blindly assume that any of the information is accurate without confirming through your own research. Bitcoin, cryptocurrencies, and other digital assets are incredibly risky and nothing in this report should be considered an endorsement to buy or sell any asset. Never invest more than you are willing to lose and understand the risk that you are taking. Do your own research. All information in this report is for educational purposes only and should not be the basis for any investment decisions that you make.

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Vitae congue eu consequat ac felis placerat vestibulum lectus mauris ultrices cursus sit amet dictum sit amet justo donec enim diam porttitor lacus luctus accumsan tortor posuere praesent tristique magna sit amet purus gravida quis blandit turpis. Vitae congue eu consequat ac felis placerat vestibulum lectus mauris ultrices cursus sit amet dictum sit amet justo donec enim diam porttitor lacus luctus accumsan tortor posuere praesent tristique magna sit amet purus gravida quis blandit turpis.

  • Neque sodales ut etiam sit amet nisl purus non tellus orci ac auctor
  • Adipiscing elit ut aliquam purus sit amet viverra suspendisse potenti
  • Mauris commodo quis imperdiet massa tincidunt nunc pulvinar
Odio facilisis mauris sit amet massa vitae tortor.

Lorem ipsum dolor sit amet, consectetur adipiscing elit lobortis arcu enim urna adipiscing praesent velit viverra sit semper lorem eu cursus vel hendrerit elementum morbi curabitur etiam nibh justo, lorem aliquet donec sed sit mi dignissim at ante massa mattis. Lorem ipsum dolor sit amet, consectetur adipiscing elit lobortis arcu enim urna adipiscing praesent velit viverra sit semper lorem eu cursus vel hendrerit elementum morbi curabitur etiam nibh justo, lorem aliquet donec sed sit mi dignissim at ante massa mattis. Lorem ipsum dolor sit amet, consectetur adipiscing elit lobortis arcu enim urna adipiscing praesent velit viverra sit semper lorem eu cursus vel hendrerit elementum morbi curabitur etiam nibh justo, lorem aliquet donec sed sit mi dignissim at ante massa mattis.

Vitae congue eu consequat ac felis placerat vestibulum lectus mauris ultrices cursus sit amet dictum sit amet justo donec enim diam porttitor lacus luctus accumsan tortor posuere praesent tristique magna sit amet purus gravida.

Lorem ipsum dolor sit amet, consectetur adipiscing elit lobortis arcu enim urna adipiscing praesent velit viverra sit semper lorem eu cursus vel hendrerit elementum morbi curabitur etiam nibh justo, lorem aliquet donec sed sit mi dignissim at ante massa mattis. Lorem ipsum dolor sit amet, consectetur adipiscing elit lobortis arcu.

Interesting types examples to check out

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