RedStone, Blockchain Oracle Project Pushing Into Restaking, Raises $15M
The fresh round of capital will go towards hiring new team members, according to a press release.
Financial
Financial
Financial
Bitcoin Could Get Ethereum-Style Restaking as Startup Lombard Raises $16M
Lombard is partnering with staking startup Babylon to let users earn interest for “restaking” with Bitcoin – using the asset to secure other crypto networks.
Financial
Pi Squared, Building ‘Universal ZK Circuit’, Raises $12.5M
The startup, led by a University of Illinois Urbana-Champaign computer science professor, uses zero-knowledge technology to enable “trustless remote computing” along with other blockchain use cases including AI.
Financial
CoinDesk 20 Performance Update: ADA and XRP Lead
Half of the CoinDesk 20 assets traded higher in overnight action, though the index overall was modestly lower.
Financial
Astar Network to Burn 350M ASTR, 5% of Total Supply
The tokens were originally allocated to the now sunsetted Polakdot parachain auctions.
Financial
Peter Thiel’s Founders Fund Leads $85M Seed Investment Into Open-Source AI Platform Sentient
The project aims to address concerns about the proliferation of AI whereby the underlying code is concentrated in the hands of a few superpowers like Google or Meta.
Financial
Polkadot’s $245M Treasury Will Last 2 Years at Current Spending Rate
The blockchain spent $87 million in the first six months this year, with marketing activities accounting for the majority of expenses.
Financial
Bitcoin’s Retreat From $70K Characterized by ‘Vol Lethargy’
Deribit’s BTC DVOL index, a measure of volatility expectations, has slipped to its lowest since early February.
Financial
Worldcoin Hires Former Google, X and Apple Execs to Beef Up Privacy, Security
Tools for Humanity (TFH), a contributor to the Worldcoin project, hired four executives to advance its mission to ensure a more just economic system, the company said on Tuesday.
Financial
First Mover Americas: Bitcoin Bulls Hopeful Entering July as ETFs Record $130M Inflows
The latest price moves in crypto markets in context for July 2, 2024.