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Crypto Morning Briefing: Flare integrates blockchain API on Google Cloud Marketplace

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BRC20 Token Standard Sparks Frenzy in Bitcoin Community With Market Cap Surpassing $95 Million

As of May 3, 2023, the Bitcoin blockchain has witnessed a staggering 3.35 million Ordinal inscriptions, and a new experimental token standard known as “Bitcoin Request for Comment,” or BRC20, has garnered substantial attention in the past week. With 10,487 BRC20 tokens built using Ordinals and a swelling market capitalization exceeding $95 million, this new development has the crypto world buzzing.

Amazon NFT Marketplace To Launch This Month

Amazon is set to launch its NFT marketplace by May 15, according to Web3 enthusiast and non-fungible collector Moritz.

Breaking: Sui Network Launches Long Awaited Mainnet

Sui Network, the blockchain protocol developed by Mysten Labs has finally launched its mainnet after so much anticipation. The mainnet went live earlier today in what signifies a successful outing for the protocol which has been under development for years.

Symmetry Launches Platform for Decentralized Crypto Indices and Actively Managed Funds on Solana

Symmetry is a decentralized Crypto Indices and Actively Managed Funds infrastructure layer built on Solana, powered by the Symmetry Engine. This innovative on-chain asset management infrastructure covers everything from on-chain funds, indices, and multi-token liquidity pools, to liquidity routing between indices and decentralized exchange (DEX) aggregators, and public APIs for other DeFi projects to integrate Symmetry products seamlessly.

Flare integrates blockchain API on Google Cloud Marketplace

Flare, the layer-1 Ethereum Virtual Machine (EVM) blockchain platform, has integrated its API portal on Google Cloud Marketplace. The integration will provide blockchain data from Flare's nodes and Connected Chain Nodes to developers and users of the software products and services platform. Blockchain APIs are useful for building cross-chain applications that query a variety of data sources.

Market Watch 

As of press time, according to Cointime data:

BTC 's live price is $28,549.51 USD, dropped by 0.34% in the last 24 hours;

ETH’s live price is $1,875.61 USD, jumped by 0.32% in the last 24 hours;

BNB’s live price is $324.61 USD, jumped by 0.33% in the last 24 hours;

XRP's live price is $0.45 USD, dropped by 1.49% in the last 24 hours.

Fundraising News

Portals, the Game-Changing DeFi Aggregator, Secures $2M in Seed Funding Spearheaded by Lightshift Capital

Portals, the platform that simplifies Web3 by enabling anyone to bundle complex DeFi actions, has announced the successful close of a $2M seed funding round led by Lightshift Capital, with participation from Poolside, Basement Labs, LongHash Ventures, Daedalus Angels, Mechanism Capital and leading angels 0xMaki, Mathieu Baril, Owl.eth, Emile Dubie, Rudy Kadoch, David Dias, and others.

New Crypto VC Firm Credibly Neutral Raises $5.5M

Credibly Neutral, a new crypto venture capital firm, has raised $5.5 million from investors including founders of Solana and Polygon blockchains. The Brooklyn-based firm, led by Viktor Bunin and Lisa Cuesta Bunin, will invest $50,000 to $250,000 in early stage protocols, infrastructure, and crypto software-as-a-service projects.

South Korean Publisher Neowiz Launches $10M Polygon Game Accelerator

South Korean game publisher Neowiz plans to fund the next generation of Web3 games on Ethereum scaling network Polygon through its crypto subsidiary, Intella X's new $10M gaming accelerator. The accelerator fund was created in partnership with Polygon Labs to bring Web3 games to the Intella X ecosystem, which currently offers a crypto wallet, decentralized exchange, and NFT marketplace.

Bhutan Taps Bitdeer as Partner to Raise $500M in Funding for Bitcoin Mining

Bhutan plans to establish a $500M fund to finance crypto-mining projects and related infrastructure to generate revenue and boost its economy. Jihan Wu's Bitdeer, a leading provider of cloud-based crypto mining services, is expected to collaborate on various mining projects. Singapore-based Bitdeer will serve as the overall partner of the fund, while Druk Holding & Investments will act as a strategic partner.

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