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Blockchain Builders raises $28M, BNB Chain reports DeFi growth, Galxe launches Starboard, and other Web3 news

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  • Blockchain Builders, a venture capital fund founded by Stanford alumni, has raised $28 million for its Fund I to support pre-seed and seed-stage blockchain startups, having already deployed $16 million across 40 ventures, and plans to extend its reach with Fund II. (📰tokenpost.com)
  • BNB Chain’s latest data shows significant growth in user activity among its top five DeFi dapps, with PancakeSwap leading and Four Meme experiencing an 835.82% increase in users, indicating a resurgence of interest in DeFi within the ecosystem. (📰Coindoo)
  • Galxe has launched ‘Starboard’, a community growth platform, with over 20 projects contributing $5 million in rewards, including significant investments from Plume, Dango, and 0G Labs, aimed at enhancing user engagement through advanced analytics. (📰dlnews.com)
  • Ledger has introduced the Crypto Life Visa card in the U.S., offering 1% cashback in bitcoin or USDC and enabling direct paycheck deposits, with availability starting June 30, 2025, excluding New York and Vermont. (📰CoinDesk)
  • Bitget has listed Ripple USD (RLUSD), a new USD-backed stablecoin issued by a Ripple subsidiary, for trading with two spot pairs, and withdrawals will commence on May 30. (📰The Crypto Times)
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