Astra Nova raises $48.3 million to grow Web3, AI entertainment ecosystem

Astra Nova, an AI-focused Web3 entertainment and infrastructure company, has raised $48.3 million to grow its suite of tokenized content tools and creator platform. According to an announcement shared with CoinDesk, the funding includes $41.6 million from a recent strategic round and builds on previous investments led by Outlier Ventures, as well as family offices…

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Cryptocurrency market falls due to stress in US local banks and prolonged government shutdown

Important points Bitcoin and major cryptocurrencies experienced significant declines due to stress in U.S. local banks and concerns of a prolonged government shutdown. The market capitalization of cryptocurrencies fell 6% as investors moved to safe-haven assets following disclosures of large loan losses by regional US banks. Share this article Bitcoin lost more than $5,000 in…

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Daylight Energy raises $75 million to expand distributed energy infrastructure network

Daylight Energy has secured $75 million to expand its distributed physical energy network. Framework Ventures led the funding. A16z Crypto and Coinbase Ventures participate. The new DayFi protocol connects energy infrastructure yields to DeFi investors. Daylight Energy has raised $75 million in new funding to accelerate the growth of its distributed energy network. This marked…

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Shiba Inu reopens Shibarimusu Bridge after a month of freezing

Editorial you can trust Content is reviewed by leading industry experts and experienced editors. Advertising disclosure After a month-long outage due to a security incident, Shiba Inu has restored BONE transfers on Shibarium’s Plasma Bridge, re-enabling deposits and withdrawals between Ethereum and the Layer 2 network. In an Oct. 14 post, lead contributor Kaal Dhairya…

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Ripple expands African footprint through strategic partnership with Absa Bank

Ripple’s global custodial network now spans multiple continents, with Absa becoming its first major institutional partner in Africa. Ripple has announced a strategic partnership with South Africa’s Absa Bank. Under the agreement, Absa will integrate Ripple’s custody technology to manage tokenized assets, including cryptocurrencies. The partnership will give Absa access to Ripple’s institutional-grade technology, furthering…

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