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Pantera Capital and Jump Crypto Lead Financing Round of Palm-Scanning Project at $1,100,000,000 Valuation

Digital assets-focused investment firms Pantera Capital and Jump Crypto reportedly helped a new palm-scanning blockchain project reach a more than $1 billion valuation. According to a new report by Reuters, the decentralized identity project Humanity Protocol has raised its fully diluted valuation to $1.1 billion after closing a $20 million funding round led by Pantera and Jump. The project aims to develop a network that uses palm scans to verify that online accounts belong to real people. Says Terence Kwok, founder of Humanity Protocol, “The protocol allows people to prove they are human without revealing personal details. This helps solve problems like bots, fake accounts and online fraud.” Kwok also says he expects the project to issue a token soon with “final preparations underway to ensure a smooth launch.” The company says the funding will help their project scale up. “The funding will accelerate Humanity Protocol’s development of Proof of Humanity, Human ID, and seamless integrations with leading Web3 platforms. With the support of Jump Crypto and Pantera Capital, Humanity Protocol is poised to scale its operations, expand its global reach and drive adoption across industries beyond Web3.” Kwok adds that US President Donald Trump’s support of digital assets will likely generate increased funding for blockchain-related startups. “I’m excited to see the new innovations that will be better supported under this administration. A pro-business environment could accelerate the development of blockchain-based solutions and attract investment.” The project is not the first to attempt to use body part scans and blockchain technology. In 2023, OpenAI founder Sam Altman launched Worldcoin ( WLD ), a cryptocurrency project that uses eye-scanning technology to create an identity network. Don`t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Follow us on X , Facebook and Telegram Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Pantera Capital and Jump Crypto Lead Financing Round of Palm-Scanning Project at $1,100,000,000 Valuation appeared first on The Daily Hodl . CoinOtag

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Chainlink Surges Ahead While XYZVerse Targets a 25,000% Rally to Leave Dogecoin Behind

Chainlink is on the rise, showing impressive gains in the market. Meanwhile, a new contender named XYZVerse sets its sights on an extraordinary 25,000% increase, aiming to surpass Dogecoin. This bold move has caught the attention of many. What is behind these significant shifts, and can XYZVerse achieve its ambitious goal? The unfolding story holds intriguing possibilities. XYZ: The Next Meme Coin Champion Ready to Dominate 2025 The game is on, and XYZ is here to generate record profits with unstoppable momentum! This sensational all-sports meme token is poised to become the next big thing in 2025, capturing the attention of both crypto enthusiasts and sports fans worldwide. As it charges ahead, XYZ is set to deliver jaw-dropping gains, leaving the likes of BOME and WIF far behind. With eyes on a staggering 7,400% growth , XYZ is ready to claim the meme coin crown in the 2025 crypto bull marathon! Rule the game, cash in as the bets roll in XYZ is the star player in XYZVerse – an award-winning meme coin project that blends the sports thrill and meme culture. This community-centered ecosystem is the perfect playground for crypto degens and sports fans alike. Think back to Polymarket’s $1 billion trading volume during the US elections betting frenzy, and now, picture that on steroids with XYZVerse. With millions of sport bettors getting ready to jump in the action, opportunities for early investors in XYZ are really huge! XYZ is currently undervalued , and with major listings on the way, presale participants stand to secure life-changing gains. >>>Be Part of the 2025 Breakout Story—XYZ Is Waiting for You! AVAX: The Lightning-Fast, Eco-Friendly Blockchain Changing the Game Avalanche’s AVAX is making waves in the crypto world. This Layer-1 blockchain stands out for its eco-friendly approach and incredible speed. Handling up to 4,500 transactions per second, it leaves many competitors behind. What’s more, Avalanche allows users to create their own customizable Subnets, opening up a world of possibilities. With three interoperable chains—X-Chain, C-Chain, and P-Chain—it smoothly manages transactions and smart contracts. AVAX uses a hybrid consensus mechanism that blends classical and Nakamoto methods. This means transactions are finalized in less than two seconds, offering a fast and seamless experience. In today’s market, where speed and low fees matter, these features are significant. The native AVAX token is crucial within the ecosystem. It’s used for transaction fees, staking for network security, and powering multiple Subnets. Compared to other coins, AVAX’s focus on customization and scalability sets it apart. As the crypto landscape evolves, Avalanche’s technology shows promise for the future. Chainlink Unchained: Unlocking the Power of Smart Contracts Smart contracts have transformed blockchain technology, but they often face a hurdle—they can’t access data outside their network. Chainlink steps in to bridge this gap. It’s a decentralized oracle network that connects smart contracts with real-world data, APIs, and systems. By securely retrieving and delivering external information, Chainlink enhances the functionality of smart contracts, making them more versatile and practical. Its unique system uses oracles to fetch data, aggregates it to ensure accuracy, and delivers it securely to the blockchain. The LINK token fuels this ecosystem, rewarding those who provide reliable data and maintaining the network’s integrity. In the current market cycle, Chainlink stands out due to its essential role in expanding blockchain’s capabilities. As more industries explore blockchain solutions, the need for accurate and trustworthy data feeds grows. Chainlink’s technology positions it well to meet this demand. Compared to other cryptocurrencies focusing solely on transactions, LINK offers a utility that supports the entire blockchain ecosystem. While market trends can be unpredictable, Chainlink’s potential to solve real-world problems may make it an attractive option for those interested in the evolving intersection of traditional systems and blockchain technology. From Meme to Mainstream: The Unstoppable Rise of Dogecoin Dogecoin started as a joke in 2013, created by Billy Marcus and Jackson Palmer. They used the popular Shiba Inu meme as its logo, making it a fun alternative to serious cryptocurrencies. Unlike Bitcoin, which has a limited supply, Dogecoin has no maximum limit, and new coins are constantly mined. This made it abundant and accessible. In 2021, Dogecoin’s value soared, reaching a market cap of over $50 billion. This surge was driven by social media buzz, especially tweets from Elon Musk, and a booming crypto market. What began as a meme coin showed the power of community and the influence of social media on finance. Dogecoin’s technology is simple and easy to use. It relies on the same basic ideas as other cryptocurrencies, but with a friendly face. Its abundance means transactions are fast and fees are low. In the current market, Dogecoin has potential due to its strong community and high visibility. While it started as a joke, many now see it as a real player in the crypto world. Compared to other coins, Dogecoin offers a unique blend of fun and functionality. As the crypto market evolves, Dogecoin could continue to surprise both fans and skeptics alike. Conclusion While AVAX, LINK, and DOGE perform well in the current bull run, XYZVerse aims to surpass them with its unique sports memecoin targeting a 25,000% surge. You can find more information about XYZVerse (XYZ) here: Site , Telegram , X Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here . CoinOtag