Yat Siu von Animoca Brands prognostiziert NFTs eine rosige Zukunft, auch wenn einige namhafte Projekte zuletzt die Segel streichen mussten.
Avalanche sammelt 250 Mio. US-Dollar vor Start von großem Upgrade Avalanche9000 ein
Mehr als 40 Unternehmen haben sich an neuen Investitionen in Avalanche beteiligt.
Ethereum: Bullische Impulse durch Pectra-Upgrade in 2025?
Ethereum stagniert knapp unter 4.000 US-Dollar. Nun könnte das nächste Upgrade den Kurs in 2025 antreiben.
French Hill voted in to chair US House Financial Services Committee next year
- Hill won after a second round vote, beating three other crypto-friendly Republicans
- Current Chair Patrick McHenry is retiring in on January 25, 2025
- Hill has championed several crypto bills, including legislation to regulate digital assets
Crypto-friendly French Hill will take over as Chair of the US House Financial Services Committee in next year’s new Congress.
Republican Hill won the race on December 12 against representatives Andy Barr of Kentucky, Bill Huizenga of Michigan, and Frank Lucas of Oklahoma, all of whom are friendly toward crypto.
In a statement following his win, Hill said he was “humbled” to become the next Chair of the House Financial Services Committee.
He added that he was looking forward to working “with President Trump and Senate Banking Committee Chairman Tim Scott to bring common-sense economic policies that will produce a new era of American prosperity shared by all our citizens across our land.”
Hill will take over the position from the current Chair Patrick McHenry who is stepping down on January 25, 2025.
McHenry said: “With French Hill at the helm, Republicans will build on our work from this Congress to finally enact a clear regulatory framework and robust consumer protections for the digital asset ecosystem.”
The Financial Services Committee is considered a powerful agency in the US, and with Hill leading the organization, he will work with Trump’s administration on a range of issues, including crypto.
Hill has championed a number of crypto bills, including legislation to regulate digital assets, which passed the US House in May.
Hill’s appointment as the new Chair of the House Financial Services Committee follows the nomination of Paul Atkins as the incoming Securities and Exchange Commission (SEC) Chair.
Current SEC Chair Gary Gensler is stepping down in January 2025.
Trump has also named David Sacks as the lead policy advisor on artificial intelligence and crypto, dubbing him the “White House AI and Crypto Czar.”
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Avalanche raises $250 million to boost layer-1 upgrade
- Avalanche has raised $250 million from Galaxy Digital, Dragonfly and ParaFi Capital among other investors.
- The token sale comes as Avalanche nears the mainnet launch of its layer-1 blockchain upgrade.
Avalanche has secured $250 million in a token sale fundraiser as the layer-1 blockchain looks to bring its upgrade to market.
Galaxy Digital, Dragonfly, and ParaFi Capital led the blockchain project’s fundraiser, with more than 40 investment firms participating. They include SkyBridge, SCB Limited, Hivemind, Big Brain Holdings, Hypersphere, Lvna Capital, Republic Capital, and Morgan Creek Digital.
Per an announcement on Dec. 12, other backers of the round include FinTech Collective, CMCC Global, Superscrypt, Cadenza, Chorus One, and Tané Labs.
Avalanche9000 upgrade
The locked token sale comes a few weeks after Avalanche9000, the project’s highly anticipated upgrade launched in a testnet. Avalanche is looking to make transactions and deployment of applications on the L1 cheaper by 99.9%.
“Our support of Avalanche, and the growth and scalability of blockchain protocols, is essential to the future of this industry,” Jason Urban, global head of trading at Galaxy, said.
“By helping Avalanche reach a broader institutional investor base, we are accelerating their ability to innovate and scale. At Galaxy, we are providing Avalanche with the strategic resources and services needed to foster institutional participation and long-term growth, ensuring they can lead the next wave of blockchain adoption with Avalanche9000,” Urban added.
Avalanche9000 targets ecosystem dominance across real-world asset tokenization, gaming, loyalty and rewards, and payments among other sectors. The project introduced a $40 million grant program that includes $2 million for referral rewards, to incentivize developer activity on Avalanche.
“Avalanche is uniquely positioned to be a driving force in the evolution of on-chain institutional finance,” Ben Forman, founder and managing partner of ParaFi Capital, said. “Architectural advantages like fast transaction finality and high throughput, combined with customizable virtual machines, make it an ideal platform for securely and compliantly issuing and managing tokenized assets.”
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