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Join date: Jan 8, 2020
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Jul 17, 2026 ∙ 5 min
This Week: Fireworks, Emergent, Glacis Labs, Binance, GENIUS Act
• Fireworks AI closed a $1.505 billion Series D at a $17.5 billion valuation.
• Emergent, an Indian AI-coding startup barely a year old, raised a $130 million Series C led by Creaegis, becoming a unicorn at a $1.5 billion valuation.
• Glacis Labs raised a $6.8 million seed for ZeroDelta, its multichain crypto clearinghouse, backed by Franklin Templeton and Coinbase Ventures.
• Binance launched U.S. equities trading and previewed bStocks, tokenized U.S. stocks designed for 24/7 settlement.
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Jul 10, 2026 ∙ 2 min
After a $36M Hack, Humanity Protocol's Founder Bets the Company on Enterprise AI
Humanity Protocol built its business on palm-scan biometrics and "proof of personhood" credentials, a Worldcoin-style bet that verifying humans, would become critical infrastructure. In June 2026 attackers compromised a developer's laptop via a phishing email and made off with private keys tied to a Humanity Foundation member, draining roughly $36 million from the project's treasury. The H token collapsed as much as 89% within a day.
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Jul 3, 2026 ∙ 4 min
This Week: Joulent, Together AI, Venice, GENIUS Act
This Week Overview (June 30 – July 3, 2026):
Joulent secured $1.75 billion from National Grid Ventures, which takes a 35% stake, to build a 2.67-gigawatt gas power plant in West Texas ("Project Kilby").
Together AI closed an $800 million Series C led by Aramco Ventures at an $8.3 billion valuation.
Venice AI raised its first-ever outside round: $65 million at a $1 billion valuation.
Five federal regulators proposed KYC rules for stablecoin issuers under the GENIUS Act.
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Maxim Galash
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