1Money launches a Layer 1 network dedicated to stablecoins without local tokens.

1Money announced the completion of a $20 million seed round financing.

Long have we waited, full interview activated 🎬 ‣ How did Mason & Moon meet? ‣ Why mirage and why Aptos? ‣ What's mirage up to next? Catch @mirage_protocol's @mas1money & @moon_shiesty on-site and on the mic from Permissionless with @aptAlix for mirage lore & more 🏝️ https://t.co/z2wm38Fxsx

Mic'd up, mainnet live, movie loading @mirage_protocol... 🎬 Interview coming soon featuring @mas1money & @moon_shiesty and host @aptAlix. Stay tuned. https://t.co/kfMTstRRpV

Mike Novogratz’s Galaxy Asset Management raises $175 million for inaugural venture fund

Three phases for tokenization Phase 1 – Money-market funds and short-dated corporate debt move on-chain. Phase 2 – Private credit, structured finance, and longer-dated bonds follow. Phase 3 – Illiquid giants - PE, hedge funds, infrastructure, real-estate debt come last https://t.co/7wmYIo4IUp

All packed and ready for takeoff. ✈️🧳 We’re heading to @money2020 with something special in tow. A little piece of home is coming to Amsterdam, come see what we've been building. 📍 Find us at BR3, Hall 1 – Money20/20 Amsterdam #XapoEvent #Money2020EU #Money2020Europe 1feeaa860a9d.jpg"/>

💧 Top Funding Rounds Among Blockchains This Year 👉 https://t.co/4g8pWcd9sP @movementlabsxyz @megaeth_labs @soon_svm @CygnusFi @KintoXYZ @1MoneyNetwork @OneAnalog https://t.co/L58SnHUoVX

We are thrilled to welcome Kenneth A. Blanco (former FinCEN Director, DOJ, Citi) and Michael Mosier (former FinCEN Acting Director, OFAC, DOJ, Chainalysis) to the 1Money Board of Directors. At 1Money, we believe that legal, licensing, and compliance are a part of our core competitive advantage. With Ken and Mike’s leadership and regulatory expertise we further strengthen our commitment to building the world’s fastest, cheapest, and most compliant stablecoin payments network. Read the announcement: https://t.co/wpUG8GOiur #Stablecoins #Compliance #Fintech #DigitalPayments

USDC velocity has jumped from 0.84 to 4.72 since January, nearing $1B in USDC supply. For perspective: 🏛️ US economy velocity ≈ 1.3 ⚡ Polygon velocity ≈ 4.7 $4.7 is moving for every $1. Money moves faster onchain, on Polygon. https://t.co/sjPSASRxJJ 1df445.jpg"/>

We are pleased to announce the @1MoneyNetwork All-Star Leadership Team with deep expertise in scaling disruptive Technology, FinTech, and Web3 companies. Coming from some of the world's most preeminent firms, the 1Money executive team brings unparalleled expertise to our goal of building the fastest, cheapest, and most compliant stablecoin payments network.Key members of our executive leadership and their relevant experience include:@MattShroder, Co-Founder, President, and Chief Operating Officer Former SVP of Global Operations & Expansion of @Binance. Earlier in his career, was an early employee @Uber, most recently serving as its Head of Global Product Operations for Ridesharing.@Chris_Lalan, Chief Legal Officer Former Deputy General Counsel of @OKX and Associate General Counsel of @Circle, where he headed the Products & Regulatory legal team, including leading global licensing efforts to support $USDCKristen Hecht, Chief Compliance Officer Former Chief Compliance Officer (CCO) of Meta’s Novi project, Global Head of Compliance Programs at @Paxos, and Deputy CCO of @Binance during the U.S. resolution. Previously, she worked at @HSBC and at the @USTreasury.@BrettEnclade, Chief Information Security OfficerFormer Chief Information Security Officer at @Ripple, overseeing security efforts for Ripple’s blockchain technology (Ripple Payments), @XRP, and the new RLUSD stablecoin.To learn more about the 1Money Network and to be amongst the first to learn about early access and exclusive launch promotions, visit https://t.co/M5WXc466Ht1b2ba20709fc.jpg">

Social activity around financial topics is moving substantially higher today. What is everyone talking about most across social?1 Money2 Taxation3 Tariffs4 Stocks5 Debt6 Budgeting7 Investments8 Inflation...view them all on LunarCrush! https://t.co/WZBbvmKdiE1cf-478d-4a7f-8043-b8c78330b2d5.jpg">

💸Top financial topics across social media today...1 Money2 Social Security3 Budgeting4 Taxation5 Stocks6 Investments7 Debt8 Saving9 Fiscal Policy10 Insurance11 Inflation12 Financial Statements13 Tariffs14 Credit Ratings15 Risk Management16 Retirement17 Blockchain18 Federal Reserve19 M&A20 Credit Cards

💧 Recent Funding Rounds Among New Blockchains@MangoOS_Network @GoKiteAI @poddotnetwork @use_corn @soon_svm @1MoneyNetwork 👉 https://t.co/4g8pWccBDh https://t.co/kwu35l4lts

⚡​​Top 10 Funding Rounds of January⚡In January, there were 145 fundraising rounds totaling $1.43B. Here are the main ones:@phantom - $150M@VOOX_Global - $50M@D3inc - $25M@IrreducibleHW - $24M@soon_svm - $22M@Humanityprot - $20M@1MoneyNetwork - $20M@sing $16M@reown_ - $13M@fableborne - $12.4M

Our Co-Founder and CEO @BrianShroder recently sat down with @Cointelegraph to discuss the pivotal role of stablecoins in enabling seamless global payments and @1MoneyNetwork's commitment to driving innovation in this dynamic landscape.Read more here: https://t.co/KaxXTeakuh#Stablecoins #Web3 #Payments #1MoneyNetwork1d2-4e6d-b14a-d9d27d6f1de6.jpg">

Some of the recent private fundraising events among blockchain startups you should know about. January 2025, part 2.@phantom @1MoneyNetwork @dfnsHQ @reown_ @oshikatsu_co @merit_systems @GTE_XYZ @AlpenLabs @usetapestry @keplrwallet https://t.co/YNNGXN4M7O https://t.co/ah9x2LW0f3

Top Fundraising Rounds Last Week​Over $765 million was secured through 36 deals in the past week.1/ @helio_pay secured $175.0M in M&A led by @moonpayHelio is a comprehensive payments platform for the Web3 economy.2/ @phantom secured $150.0M in Series C led by @paradigm, @sequoiaPhantom is a friendly crypto wallet that makes it safe and easy for users to store, buy, send, receive, swap tokens, and collect NFTs on the Solana blockchain.3/ Alterya secured $150.0M in M&A led by @chainalysisAlterya helps crypto service providers protect their users and prevent authorized fraud by detecting sophisticated scams targeting their genuine users4/ @KomainuCustody secured $75.0M in Series B led by @BlockstreamKomainu is a digital asset custodian for institutions.5/ @sygnumofficial secured $58.0M in Strategic led by @FulgurVenturesSygnum is a digital asset bank with both a Swiss banking license and a Singapore asset management license.6/ @TeaFi_Official secured $35.0M in Debt Financing led by Rollman ManagementTea-Fi is a privacy-first DeFi platform that leverages zero-knowledge proofs to provide secure, anonymous transactions while simplifying decentralized finance (DeFi) for users of all experience levels.7/ @1MoneyNetwork secured $20.0M in Seed1Money Network is the next generation payment network designed to be the fastest, cheapest and most compliant Layer 1 protocol specifically for stablecoin payments.8/ @LITAS_IO secured $20.0M in Private Sale led by Rollman ManagementLITAS is a platform that simplifies smes' access to digital finance and also makes it easy to integrate it into the crypto economy.9/ @dfnsHQ secured $16.0M in Series A led by @furtherDfns is a Wallets-as-a-Service (WaaS) platform for digital assets10/ @reown_ secured $13.0M in Series B led by @1kxnetwork, @usvReown is an on-chain UX platform that provides developers with tools to create intuitive and secure user experiences for digital ownership.1-a707-415b-8302-3bd4fbc9d9da.jpg">

Here's all the news about stablecoins from the past week! 📊 🔷 @LiquityProtocol sets a date for BOLD launch, 🔷 @UsualMoney begins 1:1 redemption of USD0++, 🔷 @1MoneyNetwork raises funds for stablecoin L1, 🔷 and more... This is the Bluechip Weekly Roundup! ⬇️ https://t.co/lHx0pMmIpD

Monday Crypto Industry Update: Jan 13-19 📰📊Market Highlights- Bitcoin hit new all time high above $109,00 with 16% price increase over the last 7 days- Ethereum is sitting at $3,300 with a 6% increase last week- Last week’s top 3 gainers were TRUMP (+837%), MELANIA (+65%), and RAY (+47%), while top 3 losers were PENGU (-11%), MNT (-8%), and BRETT (-7%)- Crypto market’s Fear & Greed Index is at 58 Neutral today- Crypto market capitalization at $3.73 trillion, up 2.32% since yesterday- Stablecoins market capitalization is up 1.8% in last 7 days, currently at $210 billion- NFT sales volume has increased by 566% in the last 7 days while total sales decreased by 10% with 303,913 sales- Monthly crypto trading volume on CEXs hit all-time high in December 2024- EU stock exchange Boerse Stuttgart sees crypto generate 25% of company’s 2024 revenues with crypto trading volume tripled🌐Blockchain Tech & Gaming- Vitalik Buterin announced leadership changes for Ethereum Foundation, with some already in place and some still in progress- Indian billionaire launches mystery reward-based token JioCoin on Polygon network, functioning as a reward for users browsing the internet via JioSphere- Up Network and DreamSmart launch world’s first web3 AI glasses, which are based on Google’s Gemini and come with 8 hour battery life- Yuga Labs faces criticism from the community over CryptoPunks IP sale rumour- Sony’s Layer-2 blockchain Sonieum built on the OP stack went live- World (formerly Worldcoin, iris scanning) rival Humanity (palm scans) is getting closer to token generation event with Humanity Foundation launch📃Regulatory Updates- FDIC accused of omitting crypto-related “pause letters” it sent to banks in the Coinbase-backed Freedom of Information Act lawsuit- SEC sues Nova Labs, the company behind Helium Network, for selling unregistered securities- Gary Gensler’s exit triggers an influx of crypto ETF submissions, including from ProShares, CoinShares, VanEck- Swiss state-owned retail bank PostFinance launches ETH staking to is 2.7 million customers- Crypto developer Michael Lewellen sues head of US Justice Department, claiming his crypto software is legal and asks to block any possible future prosecution- Wyoming proposes bill for a Strategic Bitcoin Reserve- eToro trading platform files for US IPO, targeting $5 billion valuation- Upbit crypto exchange receives suspension notice in South Korea for KYC violations- Italy’s largest bank Intesa Sanpaolo buys more than $1 million worth of Bitcoin- Judge orders BitMEX to pay $100M fine due to violating US Bank Secrecy Act (BSA)💰Investments & Partnerships- 46% of all venture capital funding in Q4 of 2024 went to crypto startups headquartered in the U.S.- Crypto wallet Phantom raised $150M in Series C at $3B valuation on its mission to become world’s biggest consumer finance platform- Former BinanceUS chief Brian Shroder raises $20M for 1Money, Layer-1 stablecoin payments network- Sigma Capital’s $100M fund to invest in 100 early-stage web3 projects, 25 tokens and 10 fund-of-fund allocations, across UAE and worldwide- Barcelona-based RWA tokenization platform Brickken secures $2.5M seed funding round to expand their platform- Crypto bank Sygnum hits unicorn status after $58 million growth round🛡️Crypto Security- Crypto scammers have shifted to Telegram malware, which has now passed traditional phishing in volume, which involves fake verification bots, fake trading groups, fare airdrop and alpha groups🗞️Miscellaneous- CryptoQuant survey finds that 60% of crypto investors are young (25-44 y old), educated and invest less than $10k- According to research, more than 40% of the young generations have already invested in crypto, with 20% of GenZ and Alpha seeing crypto as retirement alternative- Decentralized AI and AI agents to drive 2025 supercycle according to CEO of 0G Labs, Michael Heinrich- Donald Trump launched memecoin TRUMP while his wife launches token MELANIA ahead of inauguration, both on Solana blockchain- Google search volumes for “buy crypto” and “buy Solana” increased amid hype driven by TRUMP memecoin- MicroStrategy’s Saylor hints at another Bitcoin purchase for 11th consecutive week now- Coinbase CEO Brian Armstrong urges countries to establish Bitcoin strategic reserves, saying “the next global arms race will be in the digital economy, not space”Have a successful week ahead! 🤝- Swapin Team

Crypto Fundraising Activities of the Week@1MoneyNetwork => $10M@KomainuCustody => $20M@phantom => $150M@merit_systems => $10M@sygnumofficial => $58MAlterya => $150M@helio_pay => $175MCheck out https://t.co/GIoP0RT8Kh for more insights #Cryptolenz #Crypto #cryptocurrency #CryptoNews #Blockchain #Web3 #1Money #Komanius #Phantom #Meritsystems #Sygnum #Alterya #Helio

Mạng lưới thanh toán stablecoin layer-1 1Money vừa huy động thành công hơn 20 triệu USD vòng Seed, để phát triển hạ tầng thanh toán kỹ thuật số. Chi tiết: https://t.co/aDK5Md2D6w https://t.co/hOzmAY5Bmn

⚖️ @1MoneyNetwork raised $20 million to build a blockchain that's dedicated to stablecoin payments. The seed round had a dozen participants, including @KrakenVentures and @KucoinVentures Read more here: https://t.co/NBS6YHu3lx

Congratulations to 1MoneyNetwork and @BrianShroder on a successful launch!

We are excited to announce that @1MoneyNetwork has emerged from stealth with over $20 million in seed capital to build and launch the world's first Layer 1 stablecoin payments network. The 1Money Network will be the first purpose-built Layer 1 protocol exclusively designed for stablecoins and engineered to be the fastest, cheapest, and most secure network for stablecoin transactions. We are honored by the trust and commitment of our exceptional group of investors and partners who share our vision of the future, including: @FPrimeCapital, @gxvofficial, Kraken Ventures, @tribecap, @hack_vc, @etherealvc, @moonpay, @KuCoinVentures, @portageinvest, @CMT_Digital, @BitGo, @A100x_Ventures, VARIV, @anagramxyz, @genventurecap, @LvnaCapital, @AmbushCapital, @borderless_cap, @PharsalusCap, @ProtagonistXYZ, @BingVentures, @GumiCryptos, @BanklessVC, Hexa Capital, Karman Ventures, and @CoinFlip. To learn more and join the 1Money Network waitlist, visit https://t.co/SIreGWwsGw and be among the first to hear about early access and exclusive launch promotions. #Stablecoins #Web3 #Payments #1MoneyNetwork 

Crypto Industry Updates: Fines, ETF Developments, and Policy Changes

Blockchain Daily Briefing: XRP Market Cap Enters Global Mainstream Assets Top 100, Rises 19 Places in 24 Hours 1. XRP's market cap has entered the global mainstream assets top 100, rising 19 places in 24 hours. 2. Bitwise CEO: Some national governments have inquired about Bitcoin ETF information and are considering shifting investments from foreign government bonds to Bitcoin. 3. The U.S. SEC is prepared to push forward with cryptocurrency policy reforms immediately after Trump takes office. 4. ETF analysts: The next approved cryptocurrency ETF may be Litecoin. 5. The total market cap of cryptocurrencies has rebounded, surpassing $3.65 trillion. 6. A U.S. law firm plans to file a lawsuit against https://t.co/cJigJjXFGh, claiming it is involved in fraud. 7. 1Money has completed a $20 million seed round of financing, with participation from MoonPay Ventures and others. 8. BlackRock's fourth-quarter revenue reached $5.68 billion, exceeding expectations. 9. U.S. core CPI unexpectedly declined, causing the dollar index DXY to drop more than 40 points in the short term. 10. Vitalik: It is essential to ensure that a large number of financial activities occur in a completely open environment. 11. Chairman of the U.S. Senate Banking Committee: Developing a cryptocurrency regulatory framework will be a priority for the 119th Congress. 12. Michael Saylor: MicroStrategy's goal is to provide "returns and volatility equivalent to 1.5 times Bitcoin." 13. The U.S. SEC has officially appealed in the XRP lawsuit, requesting that XRP be classified as a security.

Layer 1 for stablecoin payments 1Money Network raised $20M in a Seed funding round from @fprimecapital, @galaxyhq, @hack_vc, @krakenventures, @moonpay, @banklessvc. https://t.co/Cq7BNx1M6Y https://t.co/lyrLEAQJCr

1Money raises $20 million in seed funding to build Layer 1 ‘exclusively designed’ for stablecoin payments https://t.co/KUGW1aUvOr

🥸Quick Question🎓: What gives people feelings of POWER? 1. MONEY 2. STATUS 3. _______ #MetaCene #Web3Gaming #P2E #MMORPG #Gaming https://t.co/DTWe5o5JTQ

"Money printing is the only real business", OGCB. #TheFederalReserve #TheFed #JoeBiden #KamalaHarris are lying about #Economy to try to save #USDollar vs #Crypto #Cyrpocurrency for the glory of #Israel. M1 Money Velocity is the best true measure of the real economy. https://t.co/qzEc2UhrGK1fa-4206-b697-811ac53554e5.jpg">

1 $MONEY = $6.9 USD https://t.co/CtUq1UBkXx1-8887-1bf54cf8a1e4.jpg">

Announcing the Phased Launch of Injera Protocol. Phase 1 (Money Market) will be launched within the next 1 week. https://t.co/h1xMlEW0Z5

The Bitcoin bull market is accelerating due to the historic high global liquidity.

Bitcoin Poised for Historic Breakout as Confidence and Indicators Surge

CRYPTO, SOFT CURRENCIES, AND LAYER 4 MONEYMoney seems like a straightforward thing. However DeFi has shown us it can be a deeply philosophical question: what is money?A unit of account. A medium of exchange. We know the definitions. However the proliferation of things like algo stablecoins and wrapped tokens have forced us to hone down on where the value of the asset actually lies.Can you collateralize digital bits with more bits? Or must your bits be collateralized with atoms that exist in the physical world? What makes certain atoms/bits money and others not money?Just like there are layer 1 and layer 2 blockchains, there are layers of money that act as substrates for more money.-- LAYER 1 MONEY --Historically, the base layer for money is often a commodity. Up until 1971 it was gold for the US dollar. In crypto, Bitcoin is our digital gold. What’s it do? Stop asking questions and hold it, that’s what it does (we love the corn fwiw).The base-layer asset used to be something tactile that you could drop on your foot, however it’s difficult to transact with it for this reason. Purchasing something in gold is highly impractical. So, we must abstract another layer onto things for usability.-- LAYER 2 MONEY --US dollars were once an IOU that could be redeemed for gold; this made the USD a L2 money built atop gold’s L1. However the US government opted to remove the gold base layer in the infamous year of 1971, and now we have L2 money masquerading as L1, also known as soft currencies.You could think of the US military as the new base layer for the USD.The US military isn’t a Proof of Work protocol, it’s Proof of Violence. The world’s largest violence network, which ironically uses more oil than any other institution on the planet. And they say Bitcoin is bad for the environment.You could also view coercive taxation as the USD baselayer; you have to tithe in it, so you must work and earn it. Taxation is a necessary condition for a soft currency to have value.Layer 2 crypto money comes in several forms. BTC deposits held on centralized exchanges (offchain) are effectively an IOU for onchain Bitcoin. This also includes lending platform deposits (eg. BlockFi). There are different risk considerations behind the scenes for L2 crypto money, typically represented by the yield you’re provided for holding it on the platform (the higher the yield, the greater the risk).Tokens like WBTC (wrapped Bitcoin) are another version of crypto layer 2 money. Bridging your Bitcoin to Ethereum creates an asset whose sole value is that it represents a demand deposit on the bridge that’s holding the actual BTC.-- LAYER 3 MONEY --Prior to 1971, USD was an IOU for gold. When you deposited your USD into a bank, that deposit became an IOU for dollars; the bank deposit is the L3 money (2 different IOUs to get to the baselayer). If you understand the US military as the USD’s baselayer, the dollar’s L3 is still represented by deposits at banks.Bitcoin’s L3 is found via DeFi applications like Yearn and Aave. With your WBTC (L2 money) you can then deposit into a yield-farming vault. This gives you tokens like yvWBTC, representing yet another demand deposit, which is the L3 money (2 different IOUs to get to the BTC).Layers on layers.-- LAYER 4 MONEY? Sort of. --A possible Layer 4 for dollars is an esoteric and underappreciated one. The eurodollar market is a ledger-money system that represents USD held by banks outside of the US, meaning beyond the purview of US regulators and the Fed.These deposits are then lent out, repeatedly, creating many, many more dollars. How many times is the same dollar rehypothecated? It’s estimated up to 20-30x, but with the opacity of the eurodollar, we can’t know for sure. It’s a true wild west of dollars.No one wants actual dollars in this market (meaning physical currency) they just want keystrokes in their account that give numbers that represent dollars.And that's good, because there’s nowhere close to 1:1 USD backing those eurodollars. We have no idea how large the eurodollar market is because it’s unregulated with no formal reporting. It’s estimated to be at least as large as the domestic US dollar market.Stablecoins have interesting parallels to eurodollars. @BackTheBunny has analogized them in previous writings as sovereign money market funds. Another way to interpret them may be as cryptodollars. Like an onchain eurodollar.Take Tether’s USDT. USDT’s reserves are held outside of the US banking system, and USDT represents a demand deposit on these offshore US dollars.Tether says they’re 1:1 backed, however there's well-known uncertainty to just how backed all that USDT is. The framework to eurodollars is similar.Subscribe to the blog (copy link and remove 7s):backthebunny.subs77tack.77com