Pudgy Penguins Unveils Plans to Launch PENGU Token on Solana
The token will debut by the end of 2024 and will have a total supply of 88,888,888,888, the company said in a post on X.
Spexi Secures $11.5M Series A Round for Decentralised Drone Imagery Network
Spexi offers a "Fly-to-Earn" model to encourage pilots to contribute to an imagery database, minting each flight as an NFT for authenticity.
Magic Eden Expands to Sei Blockchain with Tools for Creating and Trading NFTs
The NFT tools announced in the launch include a launchpad, a mint terminal and a marketplace.
Trump Nominates ‘Pro-Crypto’ Paul Atkins to Replace Gary Gensler as SEC Chair
The U.S. President-Elect confirmed the nomination via his social media platform Truth Social on Wednesday following speculations on Tuesday evening.
Union Labs Secures $12M Series A to Bridge Cosmos, Ethereum and Bitcoin Ecosystems
Gumi Cryptos Capital and Longhash Ventures co-led the round with participation from Borderless Capital and angel investors from Polygon, Celestia, Movement, and Berachain communities.
Pantera Capital Doubles-Down on TON Token Investment with $20M Fundraising
The fundraising was completed across two rounds with at least 29 investors participating according to an SEC filing.
Ethena Partners On-Chain Options Platform Derive as It Secures 5% of DRV Token Supply
The partnership also features a multi-million dollar investment from Ethena meant to boost liquidity and drive growth for both protocols.
RTFKT is Shutting Down Three Years After Acquisition by Nike
The digital wearables startup was acquired by Nike for an undisclosed amount in December 2021, seven months after its reported valuation of $33 million.
Ethena and Securitize Submit Application for Spark’s $1B Tokenisation Competition
Dubbed the Tokenisation Grand Prix, Spark’s competition is pitching plans to distribute $1 billion of liquidity to selected onboarding partners.
A16z’s Marc Andreessen Tells Joe Rogan Biden Administration “Debanked Over 30 Crypto Startups”
The government allegedly sanctioned over 30 tech startups including crypto companies in the past four years.