The web3-focused venture firm a16z crypto led a $7 million funding round for the encrypted blockchain developer Seismic, according to a Thursday release from the company. Additional participants in the round included Polychain, 1kx, dao5, and NGC. A16z crypto is the web3-focused investment arm out o

Pump.fun's top trader is about to eclipse $40 million in profits despite the memecoin market appearing to dry up.According to a Dune Analytics dashboard that tracks the top-performing Pump.fun wallets, the top-ranked trader's accumulated profit was $39,826,672 at the time of writing.This is occurrin

Between his recent social posts about the Department of Government Efficiency , FTX CEO Sam Bankman-Fried is on a media re tour. Facing conservative pundit Tucker Carlson in an interview on Thursday, Bankman-Fried suggested that one of the reasons he’d been given a harsh prison sentence was because

Between his recent social posts referring to the Department of Government Efficiency , an interview with The New York Sun and his conversation with conservative pundit Tucker Carlson, FTX CEO Sam Bankman-Fried seems to be attempting a media rehabilitation tour. Bankman-Fried suggested to Carlson on

Former FTX CEO Sam “SBF” Bankman-Fried, sentenced to 25 years in 2024 for his role in misusing customer funds, gave another interview from prison before his 33rd birthday.Speaking to right-wing political commentator Tucker Carlson on March 5, Bankman-Fried talked about prison life since his sentenci

Sam Bankman-Fried appears to have a tough time staying away from the press. In his second interview from prison — first in front of a camera — the FTX founder repeated many of the talking points from his first “media blitz” immediately following the collapse of the ill-fated crypto exchange — includ

The likelihood of a U.S. strategic crypto reserve gaining approval is below 50%, and tokens like XRP, Solana (SOL) and Cardano (ADA) would likely not be included, according to JPMorgan."We don't believe an approval of a U.S. strategic crypto reserve is the most likely scenario (assuming congressiona

By Vicky Ge Huang and Robert McMillanThe crypto industry came face to face with its biggest adversary last month, and it wasn't onerous regulation, hyped coin launches or even Sam Bankman-Fried.On Feb. 21, a ring of North Korean hackers pulled off the largest crypto heist ever, imperiling Bybit, the

A senior Russian official has stated that sanctions will not fully prevent Russians from accessing the cryptocurrency market or using it to bypass sanctions.Deputy Head of the State Duma Committee on Information Policy Anton Gorelkin stated that it is impossible to completely block the cryptocurrenc

Dogecoin (DOGE) is currently trading below the $0.25 level after experiencing massive volatility and price swings in recent days. As the crypto market faces a broad correction, meme coins, including DOGE, have been some of the most affected assets, with bulls struggling to regain momentum.Despite mu

New York lawmakers have introduced legislation aimed at protecting cryptocurrency investors by targeting rug pull scams, where project insiders abruptly abandon a project and drain investor funds.Assemblymember Clyde Vanel, chair of the New York Assembly’s Banks Committee, introduced Bill A06515 on

** Shares of crypto and blockchain-related companies down in premarket trading as bitcoin falls** Bitcoin , world's biggest cryptocurrency, falls nearly 1%, while Ether marginally up 0.3%** Crypto exchange Coinbase Global falls 2.7%, U.S.-listed shares of blockchain farm operator Bitfarms Ltd dow

Bitcoin recently broke below the 100-day moving average at $97K, triggering a sharp sell-off that pushed the price beneath the $80K threshold.However, a strong rebound from the 200-day MA at $80K has brought the price back toward $90K, suggesting a potential sideways consolidation phase in the short

Russian cryptocurrency exchange Garantex on Thursday said stablecoin Tether had blocked digital wallets on its platform holding more than 2.5 billion roubles ($28 million), forcing it to suspend operations days after coming under EU sanctions. The European Union included Garantex in its 16th san

Stellar (XLM) is attempting to reclaim a recently lost level that could propel the price to a retest of a key resistance zone. Some market watchers suggested that its price could be preparing for a massive surge to a new all-time high (ATH).Stellar Getting Ready For 300% BreakoutStellar has seen a 9

The past few weeks have been highly volatile for bitcoin , with price action reflecting sharp swings. In the past two weeks bitcoin traded on an open-high, lower-close candlestick pattern with double-digit percentage differences. The week beginning Feb. 24 saw bitcoin drop to a low of $78,167 and cl

Deribit, the leading crypto options exchange, has launched a Block Request-For-Quote (RFQ) interface, allowing traders to execute large over-the-counter (OTC) trades with improved efficiency and liquidity.The feature, available to all users but tailored for high-volume traders, enables direct negoti

Solana co-founder and CEO Anatoly Yakovenko said he would prefer no US crypto reserve, citing the risks to decentralization if a government was in charge. On March 6, Yakovenko posted on X, sharing the order of his preferences regarding a US reserve of cryptocurrencies. The Solana co-founder said hi

A wallet tied to the bankrupt crypto exchange Mt. Gox has once again moved a massive number of bitcoins (BTC) as the entity’s creditor repayment plans come to fruition.Data from the market intelligence platform Arkham revealed that the Mt. Gox wallet labeled 1PuQB transferred 11,834 BTC worth approx

Solana Labs co-founder Anatoly Yakovenko has expressed skepticism over the idea of a U.S. crypto strategic reserve, saying that his first preference would be to have no crypto reserve at all — warning that government involvement would undermine decentralization."My reserve order of preference: 1. No