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Bitwise’s Dragosch sees up to 20% further downside for bitcoin, puts ‘max pain’ scenario at $48,000
Bitwise's Dragosch sees up to 20% more bitcoin downside, with the long-term holder cost basis at $48,000 the "max pai…
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.
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.
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…
Mt. Gox moves $739 million worth of bitcoin to two addresses: Arkham
Mt. Gox transferred a combined 10,306 BTC to an unmarked address and its hot wallet early Tuesday, according to Arkham.
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.
Base launches Azul on mainnet, pushing Coinbase’s Ethereum L2 toward full decentralization
Base has deployed its Azul upgrade on mainnet, with multiproofs and a new client stack advancing decentralization.
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…
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 …
Coinbase-incubated Base blockchain rolls out MCP gateway to AI interfaces like Claude, ChatGPT
With the integration, users will now be able to use natural language prompts to swap tokens, transfer funds, and inte…
Bitwise debuts Canton Network ETP on Deutsche Börse Xetra
Bitwise listed a Canton Network ETP on Deutsche Börse Xetra, backing it with CC tokens held in cold storage.
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.
Cosmos co-founder’s new multilateral clearing startup Cycles raises $6.4 million
The round, led by Blockchange Ventures, with support from Coinbase Ventures, among others, brings Cycle's total fundi…
Foundation raises $6.4 million to expand from bitcoin hardware wallets into AI agent authorization
The firm also announced the general availability of its flagship Passport Prime device and expanded access to its Key…
Hyperliquid price crosses $50 as HYPE ETFs outpace Bitcoin on adjusted inflows
Hyperliquid price crossed $50 as the first spot HYPE exchange-traded funds drew stronger early demand than Bitcoin pr…
Syndicate Labs to wind down operations after five years, citing rollup market slump
Syndicate Labs said that the $330,000 exploit last month is unrelated to the decision to wind down operations.
Kik founder’s latest app Flipcash first to tap Coinbase’s stablecoin-as-a-service platform
Coinbase rolled out its Custom Stablecoin platform in late 2025 to enable companies to launch branded stablecoins.
Arbitrum-based derivatives venue Variational raises $50 million Series A led by Dragonfly
Variational is positioning itself as a retail-friendly brokerage via its in-development Omni app, which will offer "z…
MoneyGram named ‘anchor remittance validator’ for Stripe-backed Tempo blockchain
MoneyGram will help validate remittance transactions on the Layer 1 blockchain and integrate stablecoin settlement fo…
Catena Labs lands $30 million Series A, files for national trust bank charter to underpin agentic finance
Sean Neville's Catena Labs closed a $30 million Series A to build governed infrastructure for AI agent financial tran…
Tether, Gnosis co-lead $4.4 million seed round for lightweight mobile-friendly Sorted Wallet
With the additional funding, Sorted intends to expand geographically, particularly targeting Sub-Saharan Africa and S…
Hyperliquid’s HYPE one of crypto’s most undervalued assets, says Bitwise
The crypto asset manager argued the market is mispricing Hyperliquid as a niche derivatives exchange instead of a fas…