Latest from Aoyon Ashraf
Avalon Labs Raises $10M Series A to Grow Bitcoin-Backed Stablecoin
The Series A funding round was led by Framework Ventures and included contributions from UXTO Management, Presto Labs and Kenetic Capital
DeFi Protocol Usual's Surge Catapults Hashnote's Tokenized Treasury Over BlackRock's BUIDL
Hashnote's USYC is the primary backing asset of the red-hot decentralized finance protocol Usual, whose USD0 stablecoin zoomed over $1 billion market capitalization in a few months.
Bitcoin Miner Hut 8 Buys $100M BTC Boosting Total Total Stash to $1B
The miner bought about 990 bitcoin for average price of around $101,710 each.
Solana Smashes Record With 66.9M Daily Transactions as Pengu Token Debuts
PENGU's debut sparked a surge on the Solana blockchain, resulting in more transactions than the combined activity of other leading blockchains.
U.S. Shuts Down North Korean Crypto Money Laundering Network
OFAC says a front company in the UAE had been converting crypto into cash for North Korea.
Layer-2 Network Fuel to Airdrop 10% of New Token Supply to 200K Wallets
Fuel claims to be the fastest and cheapest Ethereum rollup.
SEC Approves Crypto Wallet Maker Exodus to List on NYSE American After Denying It in May
Exodus will list under its current ticker on NYSE American at the open of trading on Dec. 18
Michael Novogratz's Galaxy Appoints Former Point72 Exec as CFO
The firm’s current chief financial officer, Alex Ioffe, will transition into a senior advisor role.
Activist Investor Starboard Has Built Stake in Bitcoin Miner Riot: WSJ
Starboard is reportedly pushing the miner to convert some of its mining sites into data centers.
Ethereum’s Ether Headed to $5K as Activity, Institutional Demand Grows
“According to ETH’s realized price—the average price at which holders purchased their ETH—the current upper limit for ETH’s price stands around $5.2k,” CryptoQuant said.
