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The Block

Latest news about Cryptocurrency, Blockchain, DeFi, NFTs & DEXs. Live price and charts for Bitcoin, Ethereum and other tokens.
Monad liquid staking platform aPriori hits $100 million token valuation with seed funding
Monad liquid staking platform aPriori hits $100 million token valuation with seed funding

Quick Take aPriori has raised $8 million in a seed funding round led by Pantera Capital. The round brought the Monad liquid staking platform’s token valuation to at least $100 million, co-founder and CEO Ray S told The Block.

The Block·2024/07/25 14:55
TON blockchain gasless transactions go live following launch of new smart wallet standard
TON blockchain gasless transactions go live following launch of new smart wallet standard

Quick Take Gasless transactions are now live on the TON blockchain following the launch of the W5 smart wallet standard. Users will no longer be required to hold toncoin to facilitate payments and can make transactions using USDT and Notcoin.

The Block·2024/07/25 14:17
Brevan Howard Digital joins Monad liquid staking protocol Kintsu's $4 million seed round
Brevan Howard Digital joins Monad liquid staking protocol Kintsu's $4 million seed round

Quick Take Kintsu has raised $4 million in seed funding from Brevan Howard Digital, Castle Island Ventures and others. The startup is building a liquid staking protocol on the Monad blockchain.

The Block·2024/07/25 14:17
Michael Novogratz's Galaxy secures $113 million for crypto-focused venture fund
Michael Novogratz's Galaxy secures $113 million for crypto-focused venture fund

Quick Take Galaxy Asset Management has raised $113 million for its Galaxy Ventures Fund. It aims to continue fundraising toward a $150 million target.

The Block·2024/07/25 14:01
MARA purchases $100 million worth of bitcoin, holdings surpass 20,000 BTC
MARA purchases $100 million worth of bitcoin, holdings surpass 20,000 BTC

Quick Take Bitcoin miner MARA has purchased $100 million worth of bitcoin, taking its balance sheet holdings to over 20,000 BTC. MARA also said it intends to adopt a full “HODL” approach to its bitcoin treasury policy, retaining all mined bitcoin and periodically making additional purchases.

The Block·2024/07/25 12:10
OpenSocial Protocol raises $6 million in funding from Framework Ventures and North Island Ventures
OpenSocial Protocol raises $6 million in funding from Framework Ventures and North Island Ventures

Quick Take The web3 community platform OpenSocial Protocol raised $6 million in strategic funding. Framework Ventures and North Island Ventures led the round, with support from Hivemind Capital Partners, Stratos, Moonrock Capital and others. The funding round brings OpenSocial’s total funding raised to $26 million.

The Block·2024/07/25 12:10
Bitfarms adopts new 'poison pill' shareholder rights plan after Riot's initial tribunal win
Bitfarms adopts new 'poison pill' shareholder rights plan after Riot's initial tribunal win

Quick Take Bitfarms has adopted a new “poison pill” strategy following a ruling in favor of Riot Platforms regarding its first shareholder rights plan. Riot has been attempting to take over its Bitcoin mining rival since making a $950 million bid for the firm in April.

The Block·2024/07/25 12:10
Polymarket’s July trading volume surpasses $275 million, hits record high
Polymarket’s July trading volume surpasses $275 million, hits record high

Quick Take Decentralized prediction markets platform Polymarket has already seen its highest monthly volume in July. The surge in activity is primarily due to heightened interest in betting on U.S. political event outcomes. Data shows a large jump in volume from $110 million in June to over $275 million in July, with monthly users peaking at 33,000.

The Block·2024/07/25 10:46
Crypto-friendly fintech Revolut secures banking license from UK financial regulator
Crypto-friendly fintech Revolut secures banking license from UK financial regulator

Quick Take Revolut announced it has received a banking license from UK financial regulators. CEO Nik Storonsky expressed pride in this milestone and aims to make Revolut a preferred bank for UK customers. The approval comes with restrictions during a “mobilization” period, including a £50,000 limit on total customer deposits.

The Block·2024/07/25 10:22
Coinbase CISO breaks down common crypto scam tactics and how to protect yourself
Coinbase CISO breaks down common crypto scam tactics and how to protect yourself

Quick Take Coinbase CISO Jeff Lunglhofer provides an overview of common tactics used by crypto scammers and how to protect against them effectively.

The Block·2024/07/25 10:22