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DoubleZero Foundation, a startup building a “new internet” to improve blockchain performance, raised $28 million at a $400 million valuation, according to three people familiar with the matter, and is now searching for “strategic partners” to invest more at $600 million. Dragonfly
Canary Capital, the digital asset-focused investment firm founded by former Valkyrie Funds co-founder Steven McClurg, is planning on launching an exchange-traded fund (ETF) tracking the price of Axelar (AXL). The firm submitted an S-1 filing with the Securities and Exchange Commission (SEC)
In the latest whipsaw of headlines this week, Donald Trump’s tariff delay Wednesday eased investor worries with bitcoin (BTC) leading the crypto market higher. The U.S. government confirmed to delay tariffs on auto parts coming from Canada and Mexico by one month
Solana’s bustling decentralized finance (DeFi) scene is growing faster than Ethereum’s, and making more money too. And yet, Franklin Templeton pointed out in a Tuesday report, its tokens are worth less. “Solana DeFi valuation multiples trade on average lower than their Ethereum
Bitwise has submitted paperwork to launch an exchange-traded fund (ETF) tracking the price of Aptos (APT), the native token of the Aptos network. The asset manager hinted at the move last week when it filed to create a Delaware trust entity for
Welcome to The Protocol, CoinDesk’s weekly wrap-up of the most important stories in cryptocurrency tech development. I’m Margaux Nijkerk, the Ethereum protocol reporter at CoinDesk. In this issue: Ethereum’s Second Buggy ‘Pectra’ Test Could Lead to a Delayed Upgrade Ethereum Foundation Picks
Recently stepped down as Tether’s longtime CFO and now its chairman, Giancarlo Devasini keeps a low profile in the modest Swiss town of Lugano, according to the article by Angus Berwick. Circle founder Jeremy Allaire, meanwhile, is comfortable rubbing shoulders with politicians
Disclaimer: The information in this article was translated using artificial intelligence from a foreign source. Have you committed crypto fraud? Now, in addition to fines and jail time, authorities can also subject you to caning—at least, that’s what’s being reportedly considered in
Bitcoin could end up reaching $125,000 by the end of the year, but other cryptocurrencies will likely outperform, according to CK Zheng, founder of crypto hedge fund ZX Squared Capital. “There’s a correlation between bitcoin and altcoins, but I think bitcoin dominance
Ethereum developers on Wednesday initially celebrated a seemingly successful test of Pectra, the blockchain’s most significant upgrade since 2024, on the Sepolia test network. However, hours after the test, Sepolia began to encounter errors. It was the second buggy test for the