Nasdaq-listed OceanPal Inc. has raised $120 million through a private investment in public equity deal to launch SovereignAI, a new subsidiary focused on commercializing the NEAR Protocol and developing AI infrastructure. According to a Tuesday announcement, SovereignAI will...
Decentralized exchange dYdX released a post-mortem and community update detailing plans to compensate traders affected by a chain halt that paused operations for roughly eight hours during last month’s market crash.The exchange said on Monday that its governance...
Solana co-founder Anatoly Yakovenko cast doubt on the decentralization and security of Ethereum’s layer-2 (L2) scaling networks during a heated debate on Sunday.Layer-2 scaling networks feature a huge attack surface and code bases so large that they cannot...
The Institute for Supply Management’s (ISM) Manufacturing Purchasing Managers’ Index (PMI) has historically aligned with major peaks in Bitcoin’s market cycles — a pattern that, if repeated, could imply a longer-than-usual cycle this time around.The correlation between the...
Shares of crypto miners rallied on Friday, with Bitfarms, Cipher Mining and Hut 8 extending gains after trading company Jane Street disclosed sizable positions in all three Bitcoin mining companies.Filings submitted to the US Securities and Exchange Commission...
Kraken reported $648 million in revenue for the third quarter of 2025, up 114% from a year earlier, which the company described as its strongest financial performance to date.Adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) rose...
Deliberations over the crypto market structure bill between industry executives and US lawmakers hit a fever pitch on Wednesday in a tense meeting, following a leaked proposal from Democrats to impose permissioned requirements on the decentralized finance (DeFi)...
Lending protocol Aave has partnered with onchain credit platform Maple Finance to connect institutional capital with decentralized liquidity. Announced on Tuesday, the integration will introduce Maple’s yield-bearing stablecoins — syrupUSDC and syrupUSDT — to Aave. SyrupUSDC will be listed...
Ethereum co-founder and Consensys founder Joseph Lubin highlighted the importance of venture capital (VC) funding for the development of the world's largest smart contract network, despite growing industry concerns over the influence of investment funds on Ethereum.The main...
The US dollar’s hegemony is over, as evidenced by China’s recent announcement of export controls on rare earth minerals, a critical component in electronics manufacturing and military defense applications, according to analyst Luke Gromen.China’s rare earth mineral export...
