China’s Alibaba joins stablecoin platform MetaComp’s $35M fundraise
MetaComp’s Pre-A+ funding round, backed by Alibaba and Spark Venture, brings the total capital raised to $35 million, with aims to expand its StableX Network globally.
Vitalik distances himself from nonprofit backed by SHIB donation
Vitalik Buterin said he is no longer closely aligned with the Future of Life Institute after its strategy shifted following his 2021 SHIB donation.
Eightco lands $125M from Bitmine, ARK as Tom Lee joins board
The fresh capital from Kraken’s parent company, Ark Invest, and Bitmine has backed Eightco’s new bets on OpenAI and MrBeast
Bitcoin advocate group to fight Basel’s ‘toxic’ treatment of cryptocurrency
The Bitcoin Policy Institute wants to ensure “US regulators get Bitcoin’s treatment right” when the Federal Reserve issues proposals to implement the Basel framework.
Crypto miners must put their Bitcoin to work to survive: Wintermute
Miners who treat their Bitcoin holdings as a working asset rather than a passive reserve “will carry a structural edge into the next halving,” says Wintermute.
Dems say they will oversee reported DOJ probe into Binance
Senators Chris Van Hollen, Elizabeth Warren and Ruben Gallego have vowed to ensure that the Justice Department “conducts a serious investigation into Binance.”
US Treasury sanctions enablers of North Korea IT worker fraud ring
Fraudulent tech workers with ties to North Korea target a range of industries, including blockchain companies, with schemes and infrastructure spreading worldwide.
MEV bot makes $10M in $50M crypto swap gone wrong
Aave founder Stani Kulechov says a user confirmed a warning to proceed with the swap, despite “extraordinary slippage,” while a MEV bot also attacked the large transaction.
Trump offers memecoin holders another gala to boost token from lows
Donald Trump is billed as the keynote speaker at an event in Florida for his top memecoin holders, which comes as the token hits an all-time low.
BlackRock’s staked Ethereum ETF sees $15.5M volume on debut
The iShares Staked Ethereum Trust will distribute staking rewards on a monthly basis from institutional-grade Ethereum validators run by Figment, Galaxy Digital and Attestant.