Categoria: Uncategorized

DWF Labs, a Web3 venture capital firm and crypto market maker, has launched a $20 million fund to accelerate the development of autonomous artificial intelligence (AI) agents within the Web3 ecosystem. According to DWF Labs’ press release from Dec. 10, the fund aims to drive innovation in “next-generation AI agent solutions that have the potential…

Cryptocurrency custody provider BitGo has introduced institutional-grade Bitcoin staking through a partnership with Core DAO, a layer-1 blockchain platform. According to a joint announcement on December 9, BitGo will be one of the first custodians to facilitate institutional access to dual staking with Core DAO. It will allow clients to earn returns on their Bitcoin…

OKX Ventures, the investment arm of crypto exchange OKX, has announced a $5 million investment in TON Ventures, the venture capital fund supporting The Open Network (TON). The funding will be used for the development of Telegram-native applications built on TON’s blockchain infrastructure. The aim is to form a network of experienced builders to develop…

According to the second annual ‘Global Survey on Crypto and Web3’ by MetaMask’s parent company, Consensys and YouGov, trends observed in the cryptocurrency ecosystem in 2024 show a continued shift toward the ownership mentality. The report found that the industry is moving towards a “more equitable online landscape facilitated by crypto, blockchain, and Web3.” Notably,…

Vancouver Mayor Ken Sim has urged the city council to explore Bitcoin integration into municipal financial systems in a bid to address inflation. During the city council meeting on December 11, Sim introduced a motion titled “Preserving the City’s Purchasing Power Through Diversification of Financial Reserves – Becoming a Bitcoin Friendly City.” The proposal argues…

Bitcoin price is trading at $97,720, reflecting nearly 1% decline over the last 24 hours. Despite this dip, its market cap stands firm at $1.93 trillion. The cryptocurrency’s price action reveals consolidation near critical support levels, with broader market factors like potential national Bitcoin reserves and corporate investments influencing its future trajectory. Regulatory Pushback on…

Lava, a New York-based Bitcoin lending platform, has secured $10 million in Series A funding from major VC firms Khosla Ventures and Founders Fund, according to a recent report from Fortune. Founders Fund has maintained cautious activity in the crypto space. This has primarily been through partner Joey Krug, who joined from blockchain-focused Pantera in…

WazirX parent firm Zettai announced Tuesday that it applied with the Singapore High Court on Dec. 6, seeking permission to hold a meeting with creditors to present a recovery scheme. The scheme aims for “quick and fair recovery” after WazirX’s $230m crypto theft on July 18. This scheme, a process under Singapore’s Insolvency, Restructuring and…

Eric Trump, executive vice president at the Trump Organization and President-elect Donald Trump’s son, supports “sensible” regulatory guidelines, arguing they can help position the US as a crypto superpower. In a CNBC interview on Monday in Abu Dhabi, the American businessman shared his long-time enthusiasm for crypto, saying, he has been “a big fan of…

Prominent blockchain researcher Max Resnick has transitioned from Ethereum infrastructure firm ConsenSys to Solana-focused research and development company Anza. In a December 9 post on X, Resnick announced his first day at Anza and expressed enthusiasm for his new role. “I’m taking my talents to Solana,” he wrote, citing growing concerns about Ethereum’s scaling strategy…