Episode

May 11: AetherFi Raises $120M, and IONIX CHAIN & PEPEBOSS Lead Hot Presales

Podcast
Daily Crypto News
Published
May 11, 2026
Duration seconds
414
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https://shows.acast.com/today-in-web-3/episodes/6a01d6cf53be193dbd422b9d
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Summary

Bitcoin Update : Bitcoin consolidates near $81K after failing to hold $83K resistance, supported by White House confirmation of an imminent crypto market structure bill markup. Institutional Momentum : BlackRock’s IBIT saw $480M+ in inflows over 48 hours, while a major U.S. pension fund added another $310M to Bitcoin via ETFs. Regulatory Progress : The U.S. House is set to vote on the revised stablecoin bill next week with state chartering options included; Hong Kong approved two more licensed exchanges. Security Incident : A $19M flash-loan exploit hit a DeFi protocol on Base chain, the second major incident on the network in two weeks. Major Funding Round :  AetherFi  (AI-powered decentralized lending protocol) raised  $120 million  in a Series A led by a16z Crypto and Paradigm. Hot Presales :  IONIX CHAIN  raised  $28 million  and  PEPEBOSS  raised  $19 million  in the past 48 hours, showing strong retail interest in early-stage projects. Altcoin Watch : Galaxy Research and other analysts are highlighting five altcoins ( LINK, KAS, SUI, NEAR, and TAO ) with tight technical setups and concrete May catalysts that could lead the next leg up if Bitcoin holds above $81K. Sources: CoinDesk, Cointelegraph, Decrypt, The Block, Reuters, Fortune, Yahoo Finance, X trending data, CoinMarketCap & CoinGecko. Hosted on Acast. See acast.com/privacy for more information.