Piggycell has secured a US$10 million seed round led by Animoca Brands and Internet Computer (ICP) to enhance its decentralized electric power charging infrastructure. Since its inception in 2020, the startup has established over 13,000 charging hubs in South Korea, dominating the portable battery rental market with nearly 4 million users. The funds will accelerate the launch of its DePIN platform in the first half of 2025, integrating blockchain technology with real-world assets for a seamless Charge-to-Earn experience.
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0 posts last weekDecentralized Education Altcoin Surges Amid Web3 Firm’s Purchase Announcement
The native altcoin of a decentralized education platform, EDU, surged by over 117% this week following news of a web3 firm’s plan to purchase the token. Open Campus aims to create an ecosystem connecting learners, educators, and educational institutions, with the EDU Chain billed as the “first layer-3 blockchain built for education.” The price surge was driven by Animoca Brands’ announcement of plans to acquire more EDU tokens, alongside Open Campus’ upcoming sale of principal nodes for the EDU Chain. Despite the surge, EDU remains more than 34% down from its all-time high of $1.67.
read moreETFSwap (ETFS) Token: Staking Rewards and Resilience Amidst Market Volatility
The recent rebound in the cryptocurrency market has seen meme coins and DeFi tokens making significant gains, with Shiba Inu and Pepe leading the resurgence. Meanwhile, ETFSwap’s token has shown remarkable resilience, attracting attention from investors and accumulating significant holdings during the ongoing presale. With its promising staking rewards and potential in the tokenization industry, ETFSwap is positioned as a long-term play in the evolving crypto landscape.
read moreBitcoin’s Emergence in DeFi: Innovations and Expansion into Ethereum-Compatible Networks
Bitcoin’s utility is expanding with the emergence of BTCFi, its own DeFi ecosystem, driven by innovations like BRC20 tokens, Ordinals (Bitcoin NFTs), a Bitcoin metaverse, and decentralized exchanges. These developments are bridging the gap between Bitcoin and Ethereum, enabling the storage of various tokens in a unified wallet and opening up new possibilities for the world’s first cryptocurrency.
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