Breaking News: CRYPTO – Market Insights, Analysis & Latest Updates

DeFi.app raises $2 million seed round at $100 million token valuation

DeFi.app raised $2 million in seed funding, aiming to simplify DeFi trading and launch a public beta and mainnet in 2023, focusing on community involvement.

theblock.co • 04/12/2024 - 18:31 PM

The Daily: Crypto prices plunge in South Korea as President declares martial law, XRP Ledger reduces account reserve to 1 XRP and more

Crypto markets react to South Korea's martial law; XRP reserve cut; BlackRock ETF hits BTC milestone; Coinbase CEO criticizes law firms hiring SEC staff; Pump.fun revenues soar.

theblock.co • 03/12/2024 - 19:28 PM

Crypto-AI startup GAIB raises $5 million in pre-seed funding

GAIB, a crypto-AI startup, secured $5 million funding to tokenize GPUs for accessible AI computing, launching a platform on multiple blockchains later this year.

theblock.co • 03/12/2024 - 17:00 PM

The Funding: Why ICOs are being revived

A renewed interest in ICOs emerges, fueled by hopes for fewer regulations, frustrated retail investors, and a focus on community engagement and quality assurance for fundraising.

theblock.co • 01/12/2024 - 16:01 PM

The Daily: Hyperliquid set for HYPE token launch, MARA purchases $615 million in bitcoin and more

Hyperliquid prepares to launch its HYPE token; MARA purchases bitcoin; Celsius distributes $127 million; Coinbase's Celo decision causes community backlash; gamified AI Freysa retains $40,000 in crypto.

theblock.co • 28/11/2024 - 15:16 PM

CRYPTO

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, a crypto yield protocol, raised $6.5 million in seed funding to expand its DeFi offerings, including a stable-value token, avUSD, with plans for governance token AVANT.

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

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

Ethereum-compatible Layer 1 Monad begins rolling out testnet

The Ethereum-compatible Layer 1 Monad has launched its testnet, focusing on high throughput and funding, while allowing easy migration for Ethereum applications.

theblock.co • 18/11/2024 - 13:56 PM

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