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AI-Powered Browser Agent Donut Labs Completes $15 Million Seed Round Funding, With Participation from Hack VC

2 days ago

On November 3rd, Donut Labs successfully completed a $15 million seed round of financing. The investors involved include BITKRAFT, Makers Fund, Sky9 Capital, Altos Ventures, Hack VC, as well as some contributors to the Solana, Sui, and Monad ecosystems. In the past six months, Donut Labs has raised a total of $22 million through pre-seed and seed financing rounds. Donut Labs is developing the Donut Browser, which is an AI-driven "autonomous agent" browser. It can automatically carry out crypto transactions, conduct risk analysis, and implement on-chain strategies. These agents are capable of analyzing the market, assessing risks, and executing on-chain transactions even when users are not online. Currently, the product has attracted more than 160,000 waitlisted users, indicating a strong demand in the market for AI-native trading tools in the context of the increasing DeFi transaction volumes.
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Another smart trader, 6UFLbg, who made $10.9M on $TRUMP, spent $10K to buy 993,165 $GHOST today.

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Bitcoin Rises to Touch $104,000

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The probability of a 25 basis point interest rate cut by the Federal Reserve in December is currently at 64.5%.

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Bank of England Deputy Governor Broadbent: Keeping the US and UK in sync on stablecoin regulation is crucial

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GiggleFund: Starting from December 1st, each Giggle transaction on Binance will reduce the token supply

On November 6th, GiggleFund's official post indicated that because of Binance's latest update, starting from December 1st, 50% of the trading fees of all Giggle trading pairs will be converted into Giggle and donated to Giggle Academy and partially burned. This implies that each transaction will lead to a reduction in the token's supply. This indicates that continuous donations combined with ongoing token burning will establish a benign self-reinforcing positive feedback loop mechanism.

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