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Codex, a development company building a dedicated blockchain for stablecoins directed towards enterprise use cases, has raised $15.8 million in seed funding in a round led by Dragonfly Capital, according to an announcement on X. Other big names that participated included market makers Cumberland and…
Former congressional candidate and ex-football player Bo Hines, who traded playbooks for policy briefs, is now three months into his rookie season as one of the White House’s top crypto leads.Hines, who works with White House AI and Crypto Czar David Sacks, was tapped by President Donald Trump in De…
The total value locked in all of DeFi declined more than 30% since hitting its local high in December, data shows.According to DefiLlama data, DeFi's TVL currently stands at $94.49 billion, following a steady decline from the Dec. 17 peak of $137 billion. The DeFi TVL also hit a recent low of $88 bi…
It was angel investor Jason Calacanis who said in 2023, "if you're in crypto pivot to AI." Well, cloud computing company Crusoe has done exactly that.The company sold its Bitcoin mining operations to NYDIG, or New York Digital Investment Group, subject to regulatory approval, according to a press re…
Crypto exchange Coinbase Derivatives has filed with the U.S. Commodity Futures Trading Commission (CFTC) to launch two new cryptocurrency futures products: XRP futures and nano XRP futures.Both contracts will be cash-settled and benchmarked to the MarketVector Coinbase XRP index, according to the fi…
The Cardano Foundation launched the open-sourced digital identity platform Veridian on Thursday. Intended for both individuals and organizations, Veridian uses open-source "key event receipt infrastructure" (KERI), decentralized identifiers and "authentic chained data container" (ACDC) credentials t…
Elon Musk's social media platform X has asked the U.S. Supreme Court to prevent law enforcement from forcing companies, such as crypto exchange Coinbase, to hand over users' financial data.In a Friday amicus curiae brief with the Supreme Court, X Corp. said that the Internal Revenue Service used a s…
Fund manager VanEck appears to have registered a trust company for launching a potential BNB exchange-traded fund, Delaware's official registration portal suggests. According to the official website of Delaware, the entity, named VanEck BNB ETF, became effective with the state's Division of Corporat…
In its prospectus for an initial public offering, Circle said on Tuesday that in 2023, it acquired "the remaining outstanding 50% equity interest in Centre Consortium" from Coinbase for $210 million worth of shares.Centre Consortium was a joint venture responsible for issuing the USDC stablecoin. Co…
Autonomy, debanking and cancel culture are the three big reasons why the Trump family has been doubling down on their exposure to the crypto industry, Eric Trump, the second-oldest son of the sitting president, said in an interview with Maria Bartiromo on FOX Business.“I never thought I’d fall into …
American Bitcoin, the firm backed by Bitcoin miner Hut 8 and Trump-helmed data infrastructure company American Data Centers, plans to go public, according to Bloomberg. The long-term vision is for American Bitcoin to be "two sister publicly traded companies" combined under one vertically integrated …
The Uniswap DAO has voted to continue its “treasury delegation program,” which could allocate up to 18 million UNI tokens — worth approximately $113.4 million at current prices — to selected delegates, according to a preliminary governance vote that closed on Tuesday. With the proposal tangentially …