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Abu Dhabi-backed VC firm invests $5 million in ZKsync-based crypto exchange GRVT

GRVT, a ZKsync-based crypto exchange, raised $5M to expand its services, with plans for spot and options trading, regulatory approvals, and a token launch this year.

theblock.co • 21/01/2025 - 10:20 AM

DECENTRALIZED INFRASTRUCTURE

Helium founder says company will defend itself 'vigorously' against SEC lawsuit

The SEC sued Helium creator Nova Labs, arguing it issued unregistered crypto asset securities and misled investors about the existence of partnerships with Lime, Nestlé, and Salesforce. The enforcement action was filed on Friday, shortly before SEC Chair Gary Gensler is set to resign on Monday as Donald Trump begins his second presidential term. “[I can’t] believe we made it this long without them calling us out,” the firm’s business development VP reportedly said after receiving a cease-and-desist from Nestlé. Helium founder Amir Haleem posted a defiant message on X, promising the company will defend itself “vigorously” and calling the sequence of events “blood boiling.”

theblock.co • 19/01/2025 - 18:51 PM

DECENTRALIZED INFRASTRUCTURE

The 8 weirdest things people bet on via Polymarket in 2024

Polymarket thrived in 2024, with $8 billion in trading volume driven by political events and quirky predictions, covering topics from aliens to celebrity podcasts.

theblock.co • 01/01/2025 - 10:01 AM

Abu Dhabi-backed VC firm invests $5 million in ZKsync-based crypto exchange GRVT

Helium founder says company will defend itself 'vigorously' against SEC lawsuit

SoSoValue set to airdrop 49 million tokens in first season

Solana-based social graph protocol Tapestry raises $5.75 million in Series A funding

MegaETH-based DEX GTE raises $10 million, including $2.5 million via Cobie's Echo

Coinbase launches Bitcoin-backed onchain loans via DeFi protocol Morpho

WalletConnect builder Reown raises $13 million in Series B round including Shopify and Kraken

Ethereum co-founder Vitalik Buterin is liquidating millions of dollars worth of memecoins to fund his Kanro charity

AnonCast founder rolls out fully anonymous social platform on Farcaster

The 8 weirdest things people bet on via Polymarket in 2024

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