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Trace Finance raises $32M for cross-border stablecoin settlement expansion
The raise comes as stablecoin regulation advances globally and financial firms invest in infrastructure connecting bl…
EarnOS launches anti-AI slop app, raises $6 million from 1kx, Circle and Coinbase
Ero app is designed to help brands verify human internet traffic, reduce wastes caused by bots, and reward "authentic…
Stablecoin infrastructure firm Trace Finance raises $32 million Series A, says valuation grew 10x from seed
CoinFund led the round, with Coinbase Ventures, Haun Ventures, Jump Capital, Paxos, Chainlink Labs and others partici…
Coinbase unveils ‘System Update’ unlocking an AI advisor, global unified liquidity, options trading and more
Coinbase's latest System Update includes a new AI-powered advisor and global unified liquidity between its U.S. and i…
Squid adds Ripple’s RLUSD stablecoin for cross-chain swaps
Cross-chain platform Squid has integrated Ripple's RLUSD stablecoin, allowing users to swap into and out of RLUSD acr…
Ripple buys into Flutterwave Series E at $3.2 billion valuation, backs RLUSD integration
Ripple backs Flutterwave's $3.2 billion Series E with RLUSD and XRP Ledger integration across 34 African markets thro…
Paradigm leads $9 million round in LatAm payments app El Dorado
El Dorado was founded in 2022 by Latin American immigrants with firsthand experience dealing with cross-border payments.
Bitcoin jumps as Trump’s Iran deal reopens Hormuz – but will Warsh’s first Fed meeting kill the rally?
Bitcoin climbed back above $65,000 earlier today, reversing weeks of intense selling pressure after a sudden diplomat…
How the SEC’s five-year plan could accelerate tokenized capital markets
The agency that spent the better part of a decade defining crypto policy through enforcement has published a five-yea…
The Funding: Is the bitcoin bottom in? Crypto funds weigh in
Crypto funds share their outlook on bitcoin, the biggest risks ahead, and where they see the best risk-reward opportu…
Americans secretly drove as much as $34 billion in offshore prediction market bets, new report claims
A new report from a boutique consulting firm claims that nearly a third of U.S. prediction market volume occurs on of…
Solana infrastructure firm Helius acquires Light Protocol to expand onchain privacy
The acquisition comes amid a moment of consolidation in the crypto industry and during a resurgent interest in onchai…
Tether leads up to $1.4 billion round in robotics firm Neura, plans crypto wallet integration
Tether will also provide and "deploy" technology within the Neura robotics ecosystem, including a crypto wallet integ…
MegaETH-based MNX raises $6.4 million pre-seed at $40 million valuation to build AI-focused futures exchange
MNX, a decentralized futures exchange focused on the AI economy, has raised $6.4 million in a pre-seed funding round.
Bitcoin jumps above $62,000 after CPI report gives traders room to defend $60,000
Bitcoin rose above $62,000 after the latest US inflation report gave traders enough relief to step back from a deeper…
Morpho raises $175M in round co-led by Paradigm, a16z crypto and Ribbit Capital to build ‘open credit network’
Morpho plans to build an open blockchain-based credit network to connect decentralized finance, Wall Street, and glob…
MetaMask debuts Agent Wallet giving AI bots self-custody access to Ethereum
Consensys-backed MetaMask is rolling out a non-custodial wallet for AI agents for general availability this summer.
Bitcoin price rebound wobbles as Israel defies Trump and hits Iran, sending oil back toward $100
Bitcoin's brief weekend rally lost its footing as a sudden resumption of military hostilities between Israel and Iran…
Travala debuts agentic AI travel protocol with gasless USDC payments on Base
Travala launched an agentic AI travel protocol on Base supporting gasless USDC hotel bookings and AI-assisted payment…
Cosmos Labs acquires block explorer Mintscan, forms Korea subsidiary to expand ecosystem
Cosmos Labs has acquired Cosmos block explorer Mintscan and formed a new Korea-based subsidiary, Cosmos Labs Korea.
Crypto VC deal count slumps to five-year low as investors grow more selective
Monthly venture deal count in crypto fell to roughly 50 deals in May, a level not seen since before 2021.
Variant raises $222 million fund targeting early stage crypto, AI startups that expand ‘autonomy’
Variant founder Jesse Walden said the firm is targeting firms that expand autonomy, including in permissionless and a…
The Funding: How crypto hedge funds are navigating weak markets
As crypto markets remain weak, fund managers say asset selection, fundamentals, and alpha matter more than ever.
Bitcoin ATMs were crypto’s street-corner bank. Now regulators are shutting the door
Bitcoin ATMs were (and still are) the most tangible and literal implementation of crypto. They turned the process of …
Hyperliquid-based prop trading platform Hypernova raises $3 million in pre-seed funding
Hyperliquid-based prop trading platform Hypernova says it offers "instant payouts" and plans to publicly launch withi…
Bitcoin’s drop toward $72,000 shows how US-Iran tensions are again hitting ETFs, leverage, and flows
Bitcoin fell toward the $72,000 level after a new wave of reported US military strikes on Iran pushed oil higher and …
Aztec Labs acquires ZKPassport, pledges to keep privacy protocol and iOS mobile app open-source
The Obsidion team, including co-founders Michael Elliot and Theo Madzou, will join Aztec Labs to continue developing …
Ripple, North Island Ventures back $6 million round for cross-chain platform Squid
Squid is preparing to launch a new consumer product aimed at making it easier to access and manage crypto assets, Fig…
CLEAR token tanks 48% as Everclear winds down protocol, foundation and labs unit
Everclear achieved $500 million in monthly volume, but "never developed the commercial depth," the team said on Thurs…
MoonPay announces fourth acquisition of the year with Decent, as it launches MoonPay Trade
This Decent deal comes on a wave of acquisitions by MoonPay, including DFlow and Sodot, which all support MoonPay Trade.