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Players are trying to convince this AI to hand over her $40,000 crypto stash

An AI agent called Freysa supposedly has access to $40,000 of crypto funds. The idea of her game is that anyone can send a message to her — and if they can convince her to do so, she might send them all the money. But the game is quite expensive to play.

theblock.co • 28/11/2024 - 11:27 AM

Avant, Ethena-like DeFi protocol, raises $6.5 million in seed funding

Avant Protocol has raised $6.5 million in a seed funding round at a $25 million valuation. Avant is an Avalanche-based crypto yield protocol that offers a yield-bearing ‘stable-value’ token similar to the popular Ethena.

theblock.co • 27/11/2024 - 18:55 PM

The Daily: US appeals court rules OFAC exceeded its authority in Tornado Cash sanctions, WalletConnect launches its first airdrop season and more

The Fifth Circuit Court of Appeals ruled on Tuesday that the Treasury Department’s Office of Foreign Assets Control (OFAC) ”overstepped its authority” by sanctioning crypto mixer Tornado Cash, reversing a lower district court decision. WalletConnect has launched its first airdrop season and eligibility checker, allocating 50 million of the total supply of 1 billion WCT tokens to over 160,000 users, including builders and contributors. A Brazilian lawmaker has introduced a bill to create the Strategic Sovereign Bitcoin Reserve, allocating up to 5% of the nation’s $372 billion financial assets to the cryptocurrency via a phased acquisition strategy. The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.

theblock.co • 27/11/2024 - 18:43 PM

The Daily: Binance unveils reward-bearing asset BFUSD, Movement introduces the MOVE token and more

Binance is set to launch BFUSD on Nov. 27, a reward-bearing margin asset that generates passive rewards by simply holding it or trading futures with it. Movement developers have unveiled plans for its native MOVE token as an ERC-20 on Ethereum, with a total supply of 10 billion tokens. Talus Network has raised $6 million in a strategic funding round led by Polychain Capital at a $150 million valuation. The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.

theblock.co • 26/11/2024 - 19:24 PM

A16z-backed Forta launches Firewall to help prevent smart contract exploits

Forta has launched Firewall, a product designed to detect and prevent smart contract exploits, using machine learning to enhance security for the decentralized finance ecosystem.

theblock.co • 19/11/2024 - 15:23 PM

CRYPTO

Players are trying to convince this AI to hand over her $40,000 crypto stash

Avant, Ethena-like DeFi protocol, raises $6.5 million in seed funding

The Daily: US appeals court rules OFAC exceeded its authority in Tornado Cash sanctions, WalletConnect launches its first airdrop season and more

The Daily: Binance unveils reward-bearing asset BFUSD, Movement introduces the MOVE token and more

A16z-backed Forta launches Firewall to help prevent smart contract exploits

Ethereum-compatible Layer 1 Monad begins rolling out testnet

The Funding: A dozen crypto VCs share what’s next after Trump’s win and bitcoin’s surge

JPMorgan eyes six potential crypto market changes under Trump

DeFi platform Folks Finance raises $3.2 million Series A at $75 million valuation

Phantom warns iOS users of wallet 'app resets' after update, urges recovery phrase backup

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