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Cryptocurrency-focused asset manager Bitwise has completed a $70 million equity raise led by crypto venture firm Electric Capital. The raise also included participation from MassMutual, Highland Capital, MIT Investment Management Company, Haun Ventures and ParaFi Capital, Bitwise announced on Tuesday. The firm
Starknet, a layer-2 on top of Ethereum, is getting its first application-chain that settles on the network. The layer-3 app-chain, called Nums, is built off of the “SN Stack,” a customizable toolkit that lets developers create layer-3 blockchains based off of Starknet’s
“I wouldn’t even be in this situation if it wasn’t for you. You brought down so much f—ing heat on me.” — Robert De Niro as Ace Rothstein to Joe Pesci’s Nicky Santoro in Martin Scorsese’s Casino. Bitcoiners could be forgiven for
“Build for where the industry is going, not for where it is.” This mantra has fueled disruptive innovations for decades — Microsoft capitalized on microprocessors, Salesforce leveraged the cloud and Uber thrived in the mobile revolution. The same principle applies to AI
The team behind real-world asset (RWA)-focused layer-1 blockchain Mavryk Network, said it raised $5.2 million to advance its plans to integrate tokenization and decentralized finance (DeFi). The investment round was led by Ghaf Capital, Big Brain, MetaVest Capital, Cluster Capital, Collective Ventures
Crypto investment firm Multicoin is leading an $8 million purchase of GEOD tokens, a major capital injection into the crypto project building a hyper-accurate alternative to GPS. Geodnet hails from crypto’s buzzy DePIN wing of startups that financially incentivise regular people to
Grayscale Investments, a crypto asset-management company looking to add XRP and Cardano exchange-traded funds to its offerings, is now starting down the route for an ETF investing in Polkadot’s DOT token as well. Nasdaq has filed a formal Form 19b-4 request with
Anyone paying attention to public bitcoin miner markets will know that artificial intelligence (AI) and business pivots to high performance compute (HPC) are all the rage among bitcoin miners. What started as a gradual trend last year has suddenly become a business
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 2822.97, down 7.2% (-218.33) since 4 p.m. ET on Monday. None of the 20 assets are
Circle’s stablecoin’s USDC and EURC got approval for use and promotion within the Dubai International Financial Centre, the company said in a statement on Monday. The Dubai Financial Services Authority (DFSA) approved USDC and EURC as recognized crypto tokens within the DIFC,