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Maven 11, a European crypto venture capital firm, has closed its third fund at $107 million — slightly exceeding its original $100 million target — the firm's chief investment officer and managing partner Balder Bomans told The Block.The fundraise closed about nine months later than initially expect…
Today in crypto, Telegram founder Pavel Durov left France and relocated to Dubai following approval from a French court. David Sacks and his venture capital firm sold over $200 million in crypto and crypto-related stocks before working for the White House. Meanwhile, Argentina has introduced new rul…
Crypto venture funding in the U.S. clocked in at approximately $861 million for the first three months of 2025, but was dwarfed by artificial intelligence's nearly $20 billion haul, according to data provided by Pitchbook, showing how investors continue to show preference to AI.Data shows that inves…
Venice has completed its community airdrop, with approximately $100 million worth of unclaimed VVV tokens burned on Wednesday, making those assets permanently irretrievable.Venice is a private, censorship-resistant artificial intelligence platform built on open-source models and powered by decentral…
Ethereum (ETH) has plummeted 11.4% in the past 24 hours, reflecting a broader market downturn that saw Bitcoin (BTC) drop by 8%, XRP by 13.6%, and Solana (SOL) by 12.9%. Despite the sea of red, several leading voices—including CryptoQuant CEO Ki Young Ju—are calling for a more optimistic perspective…
The Bitcoin price has fallen more than -8.8% since Friday when Bybit suffered the biggest crypto hack in history. The flagship digital asset reached a peak of $99,493 late last week, only to retreat to roughly $91,500 at press time, marking a -5.5% decline since Monday. This downturn not only shatte…
Aux Cayes FinTech Co. Ltd, the operator of the cryptocurrency exchange OKX, has pleaded guilty to operating an unlicensed money-transmitting business in violation of US Anti-Money Laundering laws and has agreed to pay over $500 million worth of fines to resolve the matter.OKX’s Aux Cayes FinTech Co.…
Klarna Bank AB, a Swedish fintech company popular in Europe, plans to embrace cryptocurrencies on its platform, the firm’s chief executive officer, Sebastian Siemiatkowski announced in a post on X over the weekend.“I give up. Klarna and me will embrace crypto! More to come,” he wrote to his 33,000 f…
Lorien Gabel has spent decades building internet infrastructure companies, from ISPs to cloud security firms. In 2018, recognizing the transformative potential of proof-of-stake networks, he co-founded Figment, which has since become one of the world’s largest independent staking providers, offering…
The rise of community-focused fundraising platforms seems to be creating friction with some VCs. Echo, an angel investing platform founded by popular crypto trader Jordan Fish, also known as Cobie, has alleged that certain VCs are pushing back on Echo's success by pressuring crypto projects not to o…
Aiccelerate DAO (AICC), a recently-announced investment DAO which seeks to support crypto-AI projects, has become the subject of controversy following its launch, which distributed 100% of the project's tokens to 245 advisors and insiders, some of whom sold their allocations soon after the project b…
Hyperliquid has been lauded for delivering the best and most lucrative airdrop launch in crypto history back in November, by excluding VCs and rigorously encouraging community involvement.Still, experts caution that other projects trying to copy the decentralized exchange’s (DEX’s) launch strategy a…