Syndicate Labs announced it is winding down after five years of developing onchain infrastructure for customizable Ethereum rollups and sequencers, citing a shrinking market for rollups. The company said on Thursday on X that the decision was necessary because “the rollup market has fundamentally shifted.” “Unfortunately, the rollup market has shrunk dramatically. For every new
Bitcoin ($BTC) demand on Coinbase points to early signs of market stabilization as $BTC reclaimed the upper bounds of its range highs. The 14-day trend of the Coinbase Premium Index has remained in an uptrend, suggesting steady buyer interest despite traders taking $1.14 billion in profits, which pushed the daily Coinbase premium to a six-week
Bitcoin has moved below the 100,000-block countdown to its next halving, putting the network on course for its fifth programmed reward reduction around April or May 2028. The event is scheduled to take place at block 1,050,000, when the miner block subsidy will fall from 3.125 $BTC to 1.5625 $BTC. The network is now past
AnubisChain, a well-known blockchain network for data transparency on-chain, has partnered with DEXTools, a popular crypto trading data and analytics firm. The partnership underscores a landmark in pushing forward blockchain accessibility and transparency. As per AnubisChain’s official X announcement, the integration with DEXTools is set to deliver a relatively convenient, transparent, and efficient trading experience
AI search startup Exa Labs has raised $250 million in a new funding round led by Bloomberg, pushing its post-money valuation to $2.2 billion. Exa Labs has secured $250 million in fresh financing led by Andreessen Horowitz, according to Bloomberg, in a deal that values the AI search startup at $2.2 billion. The round marks
Kaia, a high-performance Layer-1 blockchain focused on fast finality and gas abstraction, has announced a strategic partnership with Elliptic, a prominent crypto-intelligence company that provides blockchain analytics and forensics for compliance. The primary purpose of this collaboration is to provide institutional-grade compliance, security, and transaction-monitoring infrastructure. Mainstream adoption requires institutional trust.@elliptic now provides full compliance
Hunter Biden, the son of former President Joe Biden, is now accepting Bitcoin as payment for his artwork on his official website. The homepage of Hunter Biden’s official website, hunterbiden.com, features his signature bright, large-scale floral paintings, while the footer now includes a simple but striking notice: “BITCOIN ACCEPTED,” listed alongside links to the site’s
Binance has launched perpetual futures that allow users to trade the anticipated valuations of private companies before they go public. The first contract to go live is tied to SpaceX, a company expected to debut at a valuation of $2 trillion or more. The “Pre-IPO Perpetual Contracts” are designed to provide retail traders with early