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US government trades Aragon’s ANT tokens for ETH ahead of planned token burn

The U.S. government sold seized ANT tokens from Alameda Research, marking the first movement in two years, amidst the dissolution of Aragon and a shift in governance strategy.

theblock.co • 30/10/2024 - 21:23 PM

Solana scaling infrastructure developer Nitro Labs raises $4 million in seed funding

Nitro Labs raised $4M for Termina, a Solana scaling platform, enabling custom Layer 2 networks, targeting various applications. Over 20 projects are building on Termina.

theblock.co • 30/10/2024 - 18:22 PM

Filecoin's largest protocol Glif set to airdrop 100 million tokens

Glif is launching its GLIF token with 100 million tokens for an airdrop. It is the largest DeFi protocol on the Filecoin network, enabling FIL lending.

theblock.co • 29/10/2024 - 19:00 PM

The Daily: Founders Fund invests in Infinex's Patron NFT sale, FTX agrees to drop its Bybit lawsuit and more

Peter Thiel’s Founders Fund was unveiled as an investor in Infinex’s new “patronage” fundraising model on Monday, as the sale officially closed, raising a total of $67.7 million. The FTX estate has settled its lawsuit with crypto exchange Bybit, its executives and its investment arm Mirana for $228 million, aiding upcoming creditor repayments. Solana’s leading web3 wallet Phantom, was hit with 2 hours and 45 minutes of downtime on Monday, leading to inaccurate account balances for users. The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.

theblock.co • 28/10/2024 - 18:19 PM

zkLink postpones its token vesting schedule ahead of planned product launches

zkLink Core DAO has delayed its token vesting for six months, affecting 40.5% of the ZKL supply, to align efforts and strengthen market presence ahead of new product launches.

theblock.co • 23/10/2024 - 21:58 PM

Arbitrum-based crypto derivatives trading protocol Variational raises $10.3 million in seed funding

Variational, a crypto derivatives protocol on Ethereum's Layer 2, raised $10.3 million. Plans include launching mainnet and token in 2024-2025, expanding beyond Arbitrum.

theblock.co • 23/10/2024 - 14:30 PM

Why the Scroll Layer 2 token airdrop, announced today, annoys some users

Scroll, an Ethereum Layer 2 blockchain, announced its first airdrop, distributing 7% of SCR tokens, but the design has faced community backlash over decentralization concerns.

theblock.co • 21/10/2024 - 18:04 PM

Bitcoin ETF inflows, crypto equity markets and retail trading sentiment are 'screaming risk-on,' Bernstein says

Analysts observe bullish sentiment for Bitcoin as ETF inflows rise, retail trading increases, and memecoins gain popularity, while the market reacts to potential political influences on crypto policy.

theblock.co • 21/10/2024 - 10:01 AM

The Funding: Why Trump-linked crypto project World Liberty Financial flopped

World Liberty Financial connects to Trump, aiming for $300 million in token sales but only achieves $13.5 million, raising concerns about viability, founder credibility, and project issues.

theblock.co • 20/10/2024 - 21:13 PM

Marc Andreessen-funded AI bot becomes a millionaire after 'Fartcoin' holdings rally

Truth Terminal, an AI chatbot, became a crypto millionaire by surging Fartcoin holdings, marking it as the first AI bot to reach this milestone.

theblock.co • 18/10/2024 - 17:04 PM

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