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Label: 16m

Lombard Secures $16M for Advanced BTC-Restaking Protocol Development

Lombard Secures $16M for Advanced BTC-Restaking Protocol Development

The Future of Bitcoin: Unveiling the Power of Liquid and Yield-Bearing Tokens Imagine a world where your Bitcoin not only sits in your wallet growing with the market but also earns you a yield on the go This is not a distant reality, but a current venture unfolding in the heart of the Bitcoin ecosystem, promising to revolutionize the way we view and use our digital gold A Groundbreaking Fundraising Venture In a recent surge of innovation within the crypto space, a Bitcoin restaking protocol known as Lombard has successfully gathered $16 million in its Series A funding round, led by Polychain Capital This round saw significant contributions from a diverse group of backers including BabylonChain, Inc , dao5, Franklin Templeton, Foresight Ventures, Mirana Ventures, Mantle EcoFund, and Nomad Capital...

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Marathon Digital Extracts $16M Worth of Kaspa, Prioritizes Bitcoin with 99% Focus

Marathon Digital Extracts $16M Worth of Kaspa, Prioritizes Bitcoin with 99% Focus

Exploring the Frontier of Cryptocurrency Mining: A Look into Marathon Digital Holdings' Kaspa Venture Welcome to an exhilarating journey into the world of cryptocurrency mining, where innovation and diversification steer companies towards uncharted territories Recently, Marathon Digital Holdings, a behemoth in the crypto mining industry, has unveiled its latest venture: mining $16 million worth of Kaspa (KAS) tokens since September 2023 This move illustrates a strategic pivot towards harnessing alternative digital assets alongside Bitcoin, illustrating the company's agility in navigating the complex crypto landscape The Strategic Shift to Kaspa Mining In the dynamic world of cryptocurrency, diversification is not just a strategy; it's a necessity Marathon's delve into Kaspa mining underscores their commitment to leveraging their expertise in digital asset computation beyond the realms of Bitcoin...

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