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Blockchain database firm SxT Labs raises $20M in Series A round

Framework Ventures, Lightspeed Faction, Arrington Capital and Hivemind Capital, along with Microsoft’s M12 Ventures and OKX Ventures, backed SxT Labs’ Series A round. 

Bitcoin strength wanes as crypto market stuck in 5 month ‘structurally ordered downtrend’

Bitcoin’s weekend rally to $65,000 has evaporated despite confirmation that the US Federal Reserve will cut rates in 2024.

Vitalik Buterin breaks down 2023 Ethereum Foundation spending

The Ethereum Foundation increased yearly spending on new institutions, which accounted for 23.8% of the foundation's expenses in 2022.

Calls to release Binance exec intensify after 6 months in Nigerian detention

Binance CEO Richard Teng and family members have called for action, claiming Tigran Gambaryan has been unjustly detained in Nigeria since February.

SOON closes funding round for Solana-based layer 2

Backers hail from Solana Labs, Coinbase Ventures and Celestia, among others.

CME to launch bite-sized Bitcoin ‘Friday’ futures in bid for retail

Each futures contract is sized at one-50th of 1 BTC. 

Bitcoin exchanges are witnessing 3rd-biggest net daily outflow of 2024

Bitcoin dip-buying is a top priority for some exchange users as BTC price highs give way to sell-offs elsewhere.

Gameplay Galaxy raises $24M seed round for Web3 gaming platform

Blockchain Capital and Merit Circle backed the additional funding, bringing the total raised in the round to $24 million.

Elon Musk is worth 100K followers: Yat Siu, X Hall of Flame

His followers include William Shatner and Paris Hilton, but Animoca’s Yat Siu says Elon Musk would have a much greater impact: X Hall of Flame

Gavin Wood’s biggest hope: Free crypto transactions and Web3 tech worldwide

We need to “divorce Ethereum from Ether” to onboard the 6 billion Web2 users, Wood told Cointelegraph during an exclusive.

New node certification could coax more institutions into Ether staking 

A consortium of big crypto companies, including Coinbase, has just launched a new certification scheme for Ethereum node operators called NORS. 

IOTA completes EU blockchain pre-commercial phase

IOTA completes the final phase of the European Blockchain PCP, setting the stage for scalable, sustainable and secure blockchain infrastructure across the European Union.

Bet more on the Bitcoin miners cashing in on AI

Supplying AI apps with computing power is a multibillion-dollar opportunity for Bitcoin miners.

Nasdaq wants to launch a Bitcoin index options, seeks SEC approval

Options would allow institutional investors to hedge risks and traders to amplify their buying power. 

Ethereum whales buy big as ETH bottom approaches, analysts predict

Ether ETFs are on track to reach $500 million in net outflows, but according to market analysts, the ETH bottom may be in.

AI vs. human leadership: Debate over plan to govern Cheyenne with AI

AI technology could drastically reduce inequalities and expand access to services in local and state governments, many believe.

Nigeria’s SEC issues first license to local crypto exchange

As the regulatory environment continues to evolve, other local exchanges will likely follow Quidax’s lead and seek to meet the SEC’s requirements.

Binance under scrutiny for seizing Palestinian crypto funds

Binance denied reports suggesting that the crypto exchange seized funds from all Palestinians, stating that only a small number of accounts was restricted.

CoinDCX’s Okto wallet secures operational license in UAE free zone

Self-custodial wallet Okto received its license under RAK DAO, an economic free zone dedicated to virtual assets. 

Maker DeFi lending protocol rebrands to Sky ahead of USDS stablecoin launch

Maker is also rebranding the world’s largest decentralized stablecoin ahead of the launch of its governance token, SKY.

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