Venture Capital Surges, Satoshi's Emails Unveiled, and Spotlight on Web3 Innovations🚨💻
From AI-Blockchain Mergers to Groundbreaking Funding Rounds and Insights into Bitcoin's Origins – Your Essential Update on the Latest in Crypto and Web3
Hey OGs! 🙋🏻♂️
Hope you're all doing great! 🚀
Excited to share the 37th edition of our newsletter, packed with the freshest and juiciest news from the web3 world. 🥳
So, let's jump right in. 🗞️
Unlocking the Future: EigenLayer & Ritual Merge AI with Ethereum!💻
EigenLayer has partnered with AI network Ritual to create advanced AI-powered decentralized applications, enhancing Ethereum's staking protocol with AI features for smarter DApps. 💻
This collaboration aims to integrate Ethereum's security with AI technology, fired up by the crypto community's interest in AI for improving smart contract reliability. 🤓
Ritual's collaboration will allow smart contracts to use AI models efficiently, pushing forward the fusion of AI and blockchain. The move reflects a growing trend in AI-crypto investments, highlighted by a significant rise in AI token market caps following Nvidia's revenue surge.🤳
Funding Frenzy💰
Eigenlayer: Venture capital firm Andreessen Horowitz (a16z) announced a $100-million funding round for EigenLayer, Ethereum’s largest restacking protocol by total value locked (TVL).
Avail: Avail, a blockchain infrastructure initiative focused on enhancing the Web3 ecosystem’s interoperability and scalability, has successfully closed a US$27 million seed funding round.
Flare: has closed a $35 million private funding round from Kinetic, Aves Lair, and others. The EVM-based layer-1 network said the fundraising allows it to reduce the liquidity of the $FLR token while also increasing ecosystem investment.
Unveiling Bitcoin's Origins: Satoshi's Emails Reveal Early Crypto Insights😳
Recently released emails between Bitcoin's creator, Satoshi Nakamoto, and early collaborator Martti Malmi, offer rare insights into cryptocurrency's beginnings. Released on GitHub, these emails emerged as evidence in a court case, challenging the identity of Nakamoto, a topic still debated within the crypto community.📧
A significant revelation from these emails is the term “cryptocurrency” wasn't coined by Nakamoto. In a 2009 email, Satoshi expressed interest in the term suggested by someone else, showing openness to adopting it for Bitcoin.🪙
Moreover, the exchanges highlight Satoshi's nuanced stance on anonymity. Contrary to the belief in Bitcoin's inherent anonymity, Satoshi emphasized its pseudonymous nature and the need for caution to avoid misconceptions about its privacy capabilities.🧑🏻💻
These emails not only provide a glimpse into Bitcoin's formative discussions but also underscore ongoing discussions about cryptocurrency's privacy aspects and terminology.📓
🌎Web3 WONDERS 🤯
Startup Spotlight 🔦
Sharpe Labs: Sharpe is an institutional-grade crypto super app, serves as a unified frontend for intelligence, tracking, and investing in digital assets. With over 70k users in less than two months since its launch, Sharpe is now the fastest-growing crypto super app.
People to know 👥
Chris Dixon: is an American internet entrepreneur and investor. He is a general partner at the venture capital firm Andreessen Horowitz and focuses on web3. He previously worked at eBay & is also the co-founder and former CEO of Hunch.
Tech Talk 🎙️
Web3 and how we got here: Founder and General Partner Chris Dixon shares an origin story of the internet as we know it, from first protocols to monolithic social networks, and the potential of a truly open and decentralized web.
Ronin Bridge Secure, Says Sky Mavis Co-Founder Amidst Previous Exploit Recovery🚨
Aleksander Leonard Larsen, co-founder of Sky Mavis, assured on X that the Ronin Bridge is secure, attributing the issue to a compromised wallet—a common vulnerability across all blockchain networks.🚨
The sidechain developed for the blockchain game Axie Infinity by Sky Mavis, fell victim to a massive $625 million exploit in March of the previous year. This breach was orchestrated through a sophisticated email phishing attack, with investigations pointing to the North Korea-affiliated Lazarus Group as the perpetrator.💸
NFT Drops ☔️
Boneys by Bitcoin Burials: Bitcoin Burials presents Boneys, a fun and irreverent 10k collection of cute and mischievous skellys.
Myros: Myros is a 4,444 supply PFP collection on the Solana blockchain. We are partnering with the Magic Eden launchpad for this collection because of their commitment and tenure to the success of Solana NFTs.
Little Bulls Club: Little Bulls Club(LBX) is about a collection of 3500+ NFTs, each with different and rare properties.
Freaky Guys: Freaky Guys," an eccentric and eclectic NFT collection that celebrates individuality and quirkiness! With a total supply of 2222 unique pieces, this collection offers a unique proposition – all NFTs are free to mint, inviting everyone to embrace their inner freak.
Blast Cats: Introducing Blast Cats: the first experimental NFT collection utilizing the innovative ERC-404 standard on Blast.
🎟️Events
Attend W3Summit at an extra 20% discount just with OG promo code:
ETH Vietnam 2024, a pivotal moment for the Ethereum community in Southeast Asia
🗓️: 16-17 March
Attend Token2049 Dubai at an extra 10% discount just with the OG promo code.
📢 OG Shots:
Crypto users could ‘make a difference in a close election’ in the US — CoinFlip CEO
Pyth Network Expands Blockchain Data Services with Hedera Integration
Privacy-focused Aleo users concerned after KYC documents leak
FTX Settles $33 Million Dispute Regarding Its European Branch
Everything you've ever wanted is sitting on the other side of fear.
Stay connected with us on Twitter @OGclubDAO and join our Telegram channel for the latest updates. We value your feedback, so feel free to contact us at community@ogclubdao.com.