Pip Labs Raises $80 Million at a $2.25 Billion Valuation to Protect IP via Blockchain
Pip Labs has raised $80 million in a Series B funding round led by VC firm A16z, reaching a valuation of $2.25 billion. The round aims to extend the development…
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Paypal Launches PYUSD Rewards Program With Anchorage Digital
Anchorage Digital has launched its first stablecoin rewards program for Paypal USD (PYUSD) holders, offering institutions a secure way to earn rewards. Available through Anchorage Digital’s platform and the Porto…
Franklin Templeton Expands Tokenized Money Market Fund to Avalanche Network
Franklin Templeton has extended its blockchain initiatives by launching its tokenized U.S. Government Money Fund on the Avalanche network. This move marks another expansion of the firm’s onchain financial products.…
Babylon Staking Sparks Bitcoin Fee Surge: Transfers Hit $105 Before Plummeting
On Aug. 22, Bitcoin’s onchain transaction fees took off, soaring to more than 1,250 satoshis per virtual byte (sat/vB), which translated to over $105 per transfer at 8:45 a.m. EDT.…
Dormant Bitcoin Wallets From 2013 and 2014 Come Alive Moving $20.3M
As bitcoin hovers just below the $60,000 mark, two long-dormant bitcoin wallets, untouched since 2014 and 2013, sprang to life, moving a total of 342.59 BTC, valued at $20.3 million…
Gate Ventures, Abu Dhabi Blockchain Center Launch $100M Innovation Fund
Gate Ventures (crypto exchange Gate.io’s VC arm) and Abu Dhabi Blockchain Center partnered to launch Falcon Gate Ventures, a $100 million fund supporting Web3 innovation. The fund aims to stimulate…
State Street Partners With Taurus to Boost Digital Asset Services
Global financial services provider State Street has announced a strategic partnership with digital asset infrastructure provider Taurus to enhance its digital asset services. This collaboration aims to offer a comprehensive…
Kamala Harris’s Alleged ‘Crypto Reset’ Absent in Democratic Agenda
While the Republican platform addresses the issue of cryptocurrency and bitcoin, the Democratic Party’s latest platform remained silent on the matter. Adding to the buzz, there are whispers that Kamala…
Tron Triumphs as Cardano Fades—ADA Drops From Crypto’s Top 10
Based on recent market data, the cryptocurrency cardano (ADA) has fallen out of the top ten rankings, making way for tron (TRX) to take its place. ADA has struggled to…
Ethereum Fees Plummet—Etherscan Adds Decimals to Keep Up With Gas Drop
Over the past few months, both Bitcoin and Ethereum users have noticed a noticeable drop in transaction fees. Ethereum’s network transfer fees, in particular, have fallen to such low levels…
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