TL;DR

• EventCHI raised over 1.6 million euros in seed funding to support blockchain activity.

• SEC concludes Ethereum 2.0 investigation, no securities charges against ETH.

• Gen Z and millennials are diversifying investments into crypto, real estate, and private equity.

• LandBridge raised $319 million in an IPO, targeting Bitcoin mining for growth.

• Tether launches Alloy, a new gold-backed stablecoin.

• Bondex, a Web3 talent marketplace, secured over $10 million in funding with support from Animoca Brands.

• Brickken, a RWA tokenization platform, joins the European Blockchain Sandbox.

• FTX victims seek to reclaim $8 billion in assets, calling the bankruptcy process a 'Second Act of Theft.'

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Alpha of the Day

EventCHI Bags Over 1.6 Million Euros in Seed Funding

In a move that has everyone in the blockchain world buzzing, EventCHI has just scored a whopping 1.6 million euros in seed funding. This project, which is all about ramping up blockchain activity, is now sitting pretty with a fresh pile of cash. Think of it as the blockchain world’s version of getting a surprise bonus right before the holidays. With this new funding, EventCHI is poised to take blockchain events to the next level. Who knew supporting blockchain could be so lucrative?

Ethereum 2.0 Investigation Wraps Up: No Charges, No Drama

The SEC has finally wrapped up its investigation into Ethereum 2.0, and guess what? No securities charges against ETH. It’s like ETH just walked out of the principal’s office with a clean slate. The crypto world can breathe a collective sigh of relief. The SEC’s decision means Ethereum can continue doing its thing without worrying about legal drama. For ETH holders, it’s like finding out that the exam you’ve been dreading has been canceled.

Gen Z and Millennials: Diversifying Like It's 2024

Forget about just stocks and bonds. Gen Z and millennials are shaking things up by diving into crypto, real estate, and private equity. It’s like they’re assembling the Avengers of investment portfolios. These younger investors are all about diversification, blending the old school with the new cool. While traditional stocks are still in the mix, the excitement of crypto and the stability of real estate are turning heads. It’s financial planning with a twist!

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LandBridge's $319 Million IPO: Betting Big on Bitcoin Mining

LandBridge has just pulled off a $319 million IPO, and they’re eyeing Bitcoin mining as their ticket to growth. It’s like betting on the golden goose of the digital age. With this hefty cash injection, LandBridge plans to dive deep into the world of Bitcoin mining. It’s a bold move, but in the high-stakes game of crypto, fortune favors the brave. Investors are watching closely to see if this gamble pays off big time.

Tether’s Alloy: The Bling of Stablecoins

Tether is bringing some serious bling to the crypto world with its new gold-backed stablecoin, Alloy. Imagine a stablecoin that’s not just tied to fiat, but to actual gold. It’s like combining the best of both worlds—stability and shiny precious metal. Alloy promises to add a new layer of security and allure to the stablecoin market. For those who love both crypto and gold, this is a match made in financial heaven.

Bondex: $10 Million and Counting

Web3 talent marketplace Bondex just scored over $10 million in funding, with big names like Animoca Brands joining the party. It’s like Bondex just got a golden ticket to the chocolate factory of Web3 innovation. This fresh funding is set to turbocharge their mission of connecting Web3 talent with the opportunities of tomorrow. If you’re looking for the next big thing in the job market, Bondex might just be it.

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PsuB Gets a $10 Million Boost

Blockchain payment service PsuB just locked in a $10 million investment commitment from LDA Capital. It’s like finding a golden ticket in your chocolate bar. This infusion of cash will help PsuB expand its services and reach more users. For the blockchain payment industry, it’s a sign that big players are betting on the future of digital transactions. PsuB is ready to take things to the next level.

Brickken Joins the European Blockchain Sandbox

Brickken, the RWA tokenization platform, has been selected to join the European Blockchain Sandbox. Think of it as getting into the most exclusive club in town. This move positions Brickken at the forefront of blockchain innovation in Europe. It’s a big win and a clear signal that tokenization of real-world assets is gaining traction. Brickken’s future looks brighter than ever.

FTX Victims: The Saga Continues

FTX victims are not happy, labeling the bankruptcy process as a 'Second Act of Theft' and seeking to reclaim $8 billion in forfeited assets. It’s like getting robbed twice and then having to fill out endless paperwork to get your stuff back. The drama continues as they fight to recover their losses, highlighting the ongoing challenges in the crypto world. For now, it’s a waiting game to see if justice will prevail.

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