Odaily News Avantis, a derivatives exchange based on the Base ecosystem, announced the completion of an $8 million Series A financing round, led by Founders Fund and Pantera Capital, with participation from Symbolic Capital, SALT Fund and Flowdesk.

Odaily News Tokenized digital real estate platform Alt DRX announced the completion of US$2.7 million in Series A financing, with participation from Brand Capital, Hindustan Media Ventures (HMVL), QDBQA, ZEE, We Founder Circle and nX Capital. The new funds will be used to support its construction of a blockchain-driven digital real estate exchange that will enable users to invest in and trade tokenized residential properties. The company is currently working with IFSCA and Qatar Financial Center to promote the platform to operate in regulatory sandboxes such as the Digital Asset Lab.

Odaily News NewLimit, founded by Coinbase CEO Brian Armstorng, has completed a $130 million Series B financing round led by Kleiner Perkins, with participation from Nat Friedman, Daniel Gross, Khosla Ventures, Founders Fund, Dimension Capital, Elad Gil, Garry Tan, Patrick Collison, and others. It is reported that the company mainly uses artificial intelligence models to develop anti-aging therapies and has discovered three prototype drugs that can reprogram liver cells. (TechCrunch)

Odaily News According to official news, Animoca Brands, Coinbase, Fabric Ventures and Founders Factory announced the joint launch of a UK Web3 accelerator program with a scale of "millions of pounds" to support start-ups in the fields of blockchain and artificial intelligence. It is reported that the accelerator will last for 16 weeks and plans to provide financial support, technical resources and market connection for participating projects with the support of the UK government's Department of Business and Trade to promote innovation and development in the UK in the field of Web3.

<p>Odaily News AI-driven blockchain infrastructure company Validation Cloud announced the completion of a $15 million Series A financing round, led by True Global Ventures, with participation from Cadenza, Blockchain Founders Fund, Side Door Ventures and AP Capital. The company&#39;s valuation in this round of financing was not disclosed. (Fortune)<br/> Earlier news, in October 24, Validation Cloud announced that it had received US$10 million in financing from True Global Ventures. The company plans to use this money to expand its AI products and achieve seamless access to Web3 data.</p>

<p>Odaily News M10, a Web3 game developer and publisher focused on developing competitive multiplayer games, has completed a $3 million round of financing, with participation from Sui Foundation, GSR, Big Brain Holdings, Monoceros, Blockchain Founders Fund, and Presto Labs. (VentureBeat)</p>

<p>1. Elon Musk: Meme tokens are a bit like casinos. It is stupid to expect to win by gambling.<br/> 2. CZ: During a market downturn, you should rationally reduce your positions. It is more important to have a stable mentality.<br/> 3. Founder of DeFiance: He participated in SOL OTC trading at $64, which has been unlocked today but will not be sold;<br/> 4. Synthetix founder: The Ethereum Foundation needs a CMO to improve communication with the community;<br/> 5. Buyers of FTX’s three bankruptcy auctions currently have a total floating profit of more than $2.93 billion;<br/> 6. Movement Co-Creation: The public mainnet has been launched internally;<br/> 7. Ethereum L2 network Mint has opened airdrop inquiries and will be open for claiming on March 7;<br/> 8. Decentralized AI protocol Prime Intellect announced the completion of US$15 million in financing, led by Founders Fund;<br/> 9. Legendary rapper Snoop Dogg announced that he would no longer use Spotify and switch to the Web3 streaming platform.<br/></p>

<p>Odaily News Decentralized AI protocol Prime Intellect announced that it has completed US$15 million in financing, led by Founders Fund, with participation from Menlo Ventures, Andrej Karpathy (EurekaAI, Tesla, OpenAI), Clem Delangue (Hugging Face), Dylan Patel (SemiAnalysis), Tri Dao (Together.AI), Balaji Srinivasan (Network School), Emad Mostaque (Stability AI, Intelligent Internet), Jake Medwell (co-founder of 8VC), Brendan McCord (Cosmos Institute), Sandeep Nailwal (Polygon), etc.</p>

Odaily News According to the official announcement, UpbitNFT will open trading and deposit/withdrawal services for 5 new collectibles on February 28, 2025, including Pirate Nation-Founder&#39;s Pirates (PIRATE), Yawanawa and Refik Anadol&#39;s Winds of Yawanawa (YAWANAWA). Users can deposit and withdraw NFTs through registered Metamask. (This newsletter is generated by AI)

<p>Odaily News Joey Krug, partner of Founders Fund, said at the ETHDenver conference that the U.S. SEC, under the leadership of former Chairman Gary Gensler, forced the founders of DeFi platforms to permanently withdraw from the crypto industry through a settlement agreement.<br/> Krug revealed that the government had asked the founders of DeFi protocols to reach a settlement with the SEC and sign a statement promising to &quot;never work in the crypto industry again&quot;, and that the agreement usually contained clauses prohibiting public discussion. He pointed out that these founders did not break the law, and the government threatened them by putting pressure on them, saying that if they did not reach an agreement, they would face imprisonment.<br/> Krug said that he did not believe this at first, but some founders showed relevant agreements to confirm this. He also said that the founders can only disclose relevant content when Congress requires testimony. In addition, Krug mentioned that the Biden administration has restricted the development of the crypto industry through regulatory actions and bank pressure.</p>