The prior rise in memecoin activity was driven by a pushback against the regulatory crackdown on utility token and NFT projects, they said.
"YZi Labs is the sole investor. There are no other investors in this round," Vana co-founder Anna Kazlauskas told The Block.
The funds will be used to build out its new Ethena chain and to support the launch of its institutional product.
After the LIBRA scandal, some crypto VCs say memecoins are finished — others think they’ll never go away. Which is it?
Just two weeks ago, Ye said memecoins "prey on the fans with hype," though the artist has apparently changed his mind.
The funds include a $500,000 private sale hosted on Echo, a platform founded by crypto trader Jordan Fish (aka Cobie).
Ethereum users have expressed frustration that the non-profit organization has grown out of touch with its user base.
Acre, a spin-out from Thesis, enables users to "compound" their bitcoin holdings through various methods, including staking rewards.
The KAITO token is now live on Base for airdrop claims ahead of listing on centralized exchanges like Binance and OKX.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Fluent is an Ethereum Layer 2 network that blends Wasm, EVM and SVM apps into a unified execution environment.
Sanctioned jurisdictions and entities globally received $15.8 billion in cryptocurrency last year — 39% of all illicit crypto transactions.
It appears that the Barstool founder’s new tokens stem from his cynicism against memecoins and typical behavior manifested by investors.
Pseudonymous trader Naseem “sniped” the official TRUMP token within a second of it going live, according to onchain data.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Yield Basis aims to initially help tokenized bitcoin and ether holders earn yield from market making by mitigating impermanent loss.
The Abstract Chain wallet draining compromise appears to relate to connecting to the onchain fantasy game Cardex.
Chow and Meteora have been facing scrutiny surrounding allegations of involvement in what appears to be market misconduct within Libra memecoin project.
The initiative comes as Hong Kong moves toward a regulated stablecoin framework as part of its broader digital asset strategy.
Libra's Hayden Davis said the team sniped the memecoin to deter others from sniping the cryptocurrency at launch.
Control, not just ownership, is the goal in Web3. Ownership alone is not sufficient in the decentralized future.
The following is a guest post from Anurag Arjun, Co-Founder of Avail. Modern tech platforms succeed because they break complex operations into specialized components. During high-demand events like Black Friday, Amazon can scale up specific services under pressure while others maintain normal operations. This architecture has enabled an entire ecosystem of businesses to build on […]
The post Why web3 needs to think like Amazon appeared first on CryptoSlate.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Ethereum’s Pectra upgrade is already live on Ephemery, a testnet of the blockchain network, in preparation for an April mainnet launch. On Feb. 13, Tim Beiko, Ethereum Foundation Protocol Support Lead, wrote: “Ephemery now supports Pectra!” This confirms a statement from Christine Kim, a Galaxy Digital researcher who revealed on X that Ethereum clients have […]
The post Ethereum testnet goes live with Pectra upgrade as April mainnet launch looms appeared first on CryptoSlate.
Pump.fun users can buy, create tokens for free and manage their digital portfolio in the platform's new iOS and Android app.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The maximum DOOD token supply sits at 10 billion, with its largest allocations going to the Doodles community and an ecosystem fund.
DeFi.app also launches its public beta with a points-based trading tournament. Its HOME token is expected to launch in "early Q2."
It seems likely that the Solana “trenches” have been experiencing a euthanasia coaster of sorts.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.