Category Archives: Blockchain

Crypto VC funding: Ithaca leads week with $20m, Delta bags $11m

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This week has seen a significant uptick in crypto venture capital (VC) funding, with notable increases in both the number and volume of funds raised compared to the previous week. Here’s a summary of the top firms leading the fundraising efforts: Top Crypto VC Fundraising for the Week Ithaca: Raised $20 million Focus: Expanding decentralized […]

Bitcoin Takes Another Shot at $63.5K as China’s Vague Fiscal Stimulus Deters Capital Shift

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China’s recent fiscal stimulus announcement did not meet expectations, dampening hopes for a significant influx of capital into Chinese equities. As a result, analysts are predicting a negative reaction in the Chinese stock market in the coming week, which could further discourage macro investors from shifting capital from cryptocurrencies to China-linked assets. In contrast, Bitcoin […]

Michael Saylor Bitcoin strategy is a ‘betrayal’ of core crypto principles: Craig Wright

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Craig Wright, the contentious figure who claims to be Bitcoin’s creator, has sharply criticized Michael Saylor, co-founder of MicroStrategy, following Saylor’s announcement to transform the company into a merchant bank focused on Bitcoin. In a post on X on October 12, Wright condemned Saylor’s plans, asserting that Bitcoin has been “distorted, manipulated, and centralized,” rendering […]

NFT sales drop to $77.6m, Bitcoin network leads in weekly surge

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The NFT market has experienced a notable decline, with sales volume falling by 4.16% over the past week, now totaling $77.6 million. This marks a decrease compared to the previous week’s figures. Here’s a closer look at the latest data from Cryptoslam: Sales Volume: The current NFT sales volume stands at $77.6 million, down from […]

YouTuber MrBeast earned over $10m promoting low-cap tokens, on-chain crypto investigator says

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MrBeast, the popular YouTube entertainer with over 320 million followers, is facing scrutiny following an investigation suggesting he may have profited significantly from low-cap cryptocurrencies. According to the anonymous investigator SomaXBT, MrBeast—whose real name is Jimmy Donaldson—has reportedly earned over $10 million by backing Initial DEX Offerings (IDOs) for projects like Polychain Monsters (PMON) and […]

Arkham Intelligence to launch crypto derivatives exchange: report

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Arkham Intelligence, a blockchain data firm backed by notable investors including OpenAI founder Sam Altman, is set to launch a cryptocurrency derivatives exchange next month. The startup, which specializes in blockchain analytics, is relocating its operations from London and New York to Punta Cana in the Dominican Republic. While it aims to cater to retail […]

Worldcoin partners with Dune ahead of World Chain mainnet

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Worldcoin has announced a partnership with Dune, a web3 data analytics platform, aimed at enhancing data accessibility for its upcoming blockchain, World Chain. This collaboration, revealed on October 11, will ensure that users, including developers, can access on-chain metrics related to real human identity verification, decentralized finance protocols, and other blockchain projects. The partnership is […]

Ripple co-founder donates $1m in XRP to Kamala Harris

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Ripple co-founder Chris Larsen has made headlines with his $1 million donation in XRP to Vice President Kamala Harris’s campaign through Future Forward USA, a political action committee. This marks his first recorded cryptocurrency donation and follows his public endorsement of Harris last September. In total, Larsen has contributed over $1.9 million to her presidential […]

Web3 project Karate Combat launches new L2 on Hedera

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Karate Combat is making an exciting move into the web3 space by launching its layer-2 blockchain network, UP, on the Hedera platform in the first quarter of 2025. This new initiative aims to enhance the experience for sports leagues and various gaming platforms by providing a customizable software stack that facilitates their transition to web3. […]

Clore.ai token rises as Nvidia, Palantir stocks surge

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Clore AI (CLORE) is experiencing a notable recovery, with its token rising for two consecutive days to reach a high of $0.1143, the highest since September 26. The token has surged 140% from its lowest point this year, although it remains 76% below its year-to-date peak. Clore.ai is focused on providing distributed Graphics Processing Units […]