Stablecoin firm OpenDelta raises $2.5 million

Stablecoin company OpenDelta has raised $2.5 million in seed funding led by 6th Man Ventures. The OpenDelta token USDO will maintain its dollar value by hedging against Bitcoin deposited as collateral by users. The token will not be launched until May.

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Web3 AI platform ChainML completes $6.2 million seed round of financing

Web3 AI platform ChainML has announced the completion of a $6.2 million seed round of expansion financing, led by Hack VC, with participation from Inception Capital, HTX Ventures, Figment Capital, Hypersphere Ventures, and Alumni Ventures. The platform also announced the launch of its agent-based foundation layer, Theoriq.
Metaverse project Baby Shark Universe completes seed round financing

Baby Shark Universe project, a metaverse project, has completed a seed round of financing with a valuation of $34 million. Participating investors include Animoca Brands, CREDIT SCEND, Sui Foundation, Comma3 Ventures, Creditcoin, GM Ventures, Neuler, Notch Ventures, X+, and Planetarium. The specific amount has not been disclosed, and the new funds will be used for development and global marketing. According to reports, Baby Shark Universe is an open-world role-playing game where players can create their own game content (items, maps), enjoy content created by other players, and expand the game's narrative based on their choices and actions.
Web3 social infrastructure UXLINK completes $5 million in financing

Web3 social infrastructure UXLINK announced the completion of a new round of $5 million financing, led by SevenX Ventures, INCE Capital, and HashKey Capital. It is reported that UXLINK's total financing has now exceeded $15 million.
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Volume 182: Digital Asset Fund Flows Weekly Report

First inflows in 5 weeks totalling US$130m, hesitant Ethereum investors
SoftBank Group to invest 10 trillion yen in "AI revolution"

SoftBank Group (SBG) Chairman and CEO Masayoshi Son's "AI revolution" has begun. SoftBank Group plans to expand its business into industries such as data centers, robots, and power generation using AI semiconductors as a breakthrough. The expected investment amount could reach up to 10 trillion yen (approximately RMB 464.09 billion). American companies such as Microsoft are also making huge investments in the AI field, indicating a trend of global tech giants entering this growing field. (Nikkei News)
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Interpol Nigeria boosts cybersecurity with virtual asset training

The training will enable officers to effectively address cybercrimes involving virtual assets, particularly stablecoins.
cointelegraph ·

JPMorgan’s Onyx to industrialize blockchain PoCs from Project Guardian

Traditional firms like JPMorgan and WisdomTree are seeking to turn Project Guardian’s blockchain proofs-of-concept into scalable financial products.
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Franklin Templeton CEO says all ETFs and mutual funds will be on blockchain

She also warned that generative artificial intelligence was like the “kid that got an ‘F’ in math.”
cointelegraph ·

OKX Ventures invests in Web3 ‘play ARPG to train AI’ game Blade of God X

The game is currently available in early access on the Epic Games Store.
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Bitcoin volatility plunges below Tesla, Nvidia stocks amid $100K price prediction

Lower Bitcoin market volatility often precedes significant bull runs, suggesting that the current trend could propel prices toward the $100,000 to $150,000 range.