DAWN, a decentralized protocol designed to deliver a multigigabit broadband service owned and operated by users, said it raised $13 million in a Series B funding round led by Polychain Capital. The money will be used to expand the Solana-based protocol’s network coverage across the U.S. and roll out international deployments, according to an announcement
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. The internet scaled because IP created a universal fabric for data. Web3 never got that luxury. Instead, it inherited 1980s-era networking and a patchwork of ad-hoc protocols that slow down and congest
Key Highlights: BSCScan APIs have been deprecated, developers were forced to shift to Etherscan which provided paid access. BSCTrace was introduced as an alternative to BSCScan. Developers regain stability and lower costs. BNB Chain developers are facing a big change standing right in front of them. According to the announcement made by the official X
Paolo Ardoino, CEO of Tether, the issuer of the world’s largest stablecoin, has raised concerns about how a potential AI bubble could affect Bitcoin by 2026. Ardoino shared his outlook on Bitcoin (BTC) and the broader crypto industry on Thursday during the Bitcoin Capital podcast, co-hosted by Bitfinex Securities and Blockstream. The executive said he
E-Estate Group Inc., a real estate technology company, is upping the ante in its global real estate tokenization expansion, setting its sights on more mainstream financial markets. A notable effort has been the recent launch of the Association of Real Digital Realtors, organised by CEO Brandon Stephenson as an educational initiative aimed at professionals working
The decentralized finance landscape just received a massive power surge. Fuse Energy, a pioneering Decentralized Physical Infrastructure Network (DePIN) project built on the Solana blockchain, has successfully raised a staggering $70 million in a Series B funding round. This monumental investment, led by prominent venture firms Lowercarbon Capital and Balderton Capital, catapults the company’s valuation
Key Takeaways Bitcoin surged above $89,000 after CPI data was released. Bitcoin recovered from $85,300 in early trading, and Ethereum surged 3% to nearly $3,000. Bitcoin broke above $89,000 today following the release of November consumer price index (CPI) data that surprisingly showed US inflation easing According to data from the Bureau of Labor Statistics,
A statistical mirage briefly convinced the crypto market this week that mid-sized whales had purchased roughly $5 billion of Bitcoin. During the past week, social media feeds filled with charts showing that roughly 54,000 Bitcoins are flooding into “shark” wallets, which are addresses holding between 100 and 1,000 coins. As a result, many industry players
PayPal (PYPL) is extending the role of its PYUSD stablecoin into artificial intelligence finance, linking it to onchain funding mechanisms developed by USD.AI, a stablecoin protocol that provides credit to AI companies. Loans issued by USD.AI to finance graphics processing unit (GPUs), data centers and related AI infrastructure will be denominated in PYUSD, with borrowers
Coinbase (COIN) shares rose as much as 4.6% after the company outlined a roadmap that included equity trading, AI-powered tools, tokenization and stablecoin infrastructure in its end-of-year System Update. The stock rose to as high as $255.41 in early trading Thursday and was priced recently at $249.48 after the Wednesday announcement. J.P. Morgan’s Kenneth Worthington