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Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.

Ethereum's Staking Issue
Ethereum's Staking Issue

Glassnode insights·2024/04/16 13:16
Solana DEX Drift set to airdrop 100 million tokens to users
Solana DEX Drift set to airdrop 100 million tokens to users

Drift, a Solana-based DEX protocol, is set to launch its token and airdrop 100 million DRIFT tokens to users. The token launch and airdrop are expected to occur in the coming weeks, Drift co-founder Cindy Leow told The Block.

The Block·2024/04/16 12:25
Bitcoin Drops 10% Weekly But Big Players Stay in the Game
Bitcoin Drops 10% Weekly But Big Players Stay in the Game

The data indicates a clear trend of accumulation among large Bitcoin holders.

Cryptopotato·2024/04/16 12:13
Current actions of bitcoin holders mirror December 2020, suggesting possible growth phase: Bitfinex analysts
Current actions of bitcoin holders mirror December 2020, suggesting possible growth phase: Bitfinex analysts

Bitcoin supply on exchanges by long-term investors has fallen to its lowest levels in 18 months, Bitfinex analysts said.Coupled with the supply constraint from the upcoming halving, this dynamic could lead to further price growth, the analysts added.

The Block·2024/04/16 11:25
Flash
  • 08:21
    The Aptos ecological lending agreement Echelon will launch governance tokens in a few months
    On November 28, the Aptos ecological lending protocol Echelon released a statement outlining the project's future roadmap. Echelon stated that it will advance the following tasks in the coming months: 1. Promote TVL growth to over $300 million; 2. Double the number of collateral assets supported by the protocol; 3. Launch Movement and Inita mainnets; 4. Expand RWA, LST and BTC use cases within the protocol; 5. Release governance tokens for the protocol.
  • 08:20
    Clanker has completed its first contract upgrade, and will open user revenue sharing claims on December 4th
    On November 28, Base Ecological AI agent Clanker announced via Twitter that it has completed its first contract upgrade and will carry out the second upgrade on November 9. At the same time, user revenue sharing claims will begin on December 4. The official statement said that when Clanker deploys tokens, a Uniswap V3 pool with a 1% fee will be launched on Base. Each time a token is traded, this pool will collect and distribute 1% of each exchange as rewards; where 60% of the exchange fees are allocated to the protocol party (Clanker), and 40% are distributed to requesters (users requesting Clanker to deploy tokens). For tokens deployed before November 14,2024,the distribution ratio is set at75%and25%.
  • 08:09
    The AI company Databricks has raised 5 billion dollars in its latest round of financing, reaching a post-investment valuation of 55 billion dollars
    On November 28, according to Bitcoin.com, San Francisco-based data analytics and artificial intelligence (AI) company Databricks raised $5 billion in its latest funding round, bringing the company's valuation to $55 billion. Sources say that Databricks plans to raise a total of $8 billion, potentially making it the largest fundraising round this year. The report suggests that the purpose of Databrick's latest funding round is to allow employees to sell shares, thereby reducing the need for an immediate initial public offering (IPO). However, while an IPO may not be imminent, it could still occur in the second half of 2025. While the report did not disclose who participated in this latest funding round, it revealed well-known supporters of the company including Nvidia, Capital One, Andreessen Horowitz(a16z), Baillie Gifford,Fidelity , Insight Partners and Tiger Global. In September 2023,Databricks raised $500 million with a valuation of $43 billion. Openai currently holds the record for largest financing round in 2024 having raised $6.6 billion in October. Billionaire Musk's xai also received a financing amounting to $5 billion which brought its valuation up to$50billion.Another AI startup Anthropic has secured$400million from Amazon taking their total funds raised up till now at$8billion.
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