Animoca Brands, the Hong Kong-headquartered conglomerate with investments in gaming, metaverse infrastructure, and AI, has invested $1 million in Superior.Trade under its new Minds Investment Programme, which was created to fund startups building agentic applications using Minds as a core infrastructure layer, according to a Thursday statement. The investment comes from Animoca Brands and its
Anchorage Digital, the federally chartered crypto bank valued at $4.2 billion, has acquired a strategic stake in $SLX, the native token of Solstice Finance, a Solana-based protocol that provides institutional-grade yield infrastructure. The purchase came shortly after Solstice completed its token generation event. The investment puts Anchorage alongside more than 30 institutions already allocating capital
Voting in crypto governance has a dirty secret: it’s not actually secret. Most DAO votes are cast from pseudonymous wallets on public blockchains, meaning anyone with a block explorer can see exactly how you voted. That creates a problem that goes beyond mere privacy discomfort. It opens the door to coercion, vote buying, and social
Fireblocks, Robinhood, MetaMask, and more than two dozen other financial and crypto firms have joined forces to launch the Open Transaction Layer (OTL), an industry-wide effort to build the coordination standard required for onchain finance to scale globally. OTL establishes shared protocols for identity, messaging, and transaction coordination between institutions, unhosted wallets, and AI-driven agents,
Sui network, a layer 1 blockchain developed by Mysten Labs, is experiencing a network outage on Thursday after the project said its mainnet had “stalled,” temporarily halting transaction processing. “Sui Mainnet is currently experiencing a network stall. The Sui Core team is actively working on a solution,” the project posted on X. “Be aware that
Axios reported that U.S. and Iranian negotiators reached a draft 60-day memorandum of understanding to extend the ceasefire and begin talks around Iran’s nuclear program, though President Donald Trump has yet to approve the agreement. The report followed overnight U.S. airstrikes on an Iranian military site near the Strait of Hormuz, the critical energy shipping
In today’s newsletter, Hassan Ahmed outlines the state of crypto, stablecoins and regulations in Asia, comparing growth to regions with clarity. Then, in “Ask an Expert,” Xin Yan, CEO of Sign, answers questions about crypto and stablecoin adoption in Asia. Crypto Adoption In Asia: What Advisors Need To Know The reality of crypto in Asia
Asset management giant Grayscale is the latest crypto firm to delay its plans to go public due to market conditions, according to a person with knowledge of the matter. The Stamford-based investment firm has paused its IPO preparations, and is unlikely to restart the process until the fourth quarter at the earliest, the person said,
Inflation in the U.S. continued to be high in April, putting renewed pressure on risk assets and taking a toll on crypto assets as well. The Federal Reserve’s favored inflation gauge, the Personal Consumption Expenditures (PCE) Price Index, increased notably. The US PCE inflation met the Wall Street analyst expectations.
The widening gap between Bitcoin’s conservative design philosophy and DeFi’s ever-expanding attack surface just got a blunt restatement from one of crypto’s oldest voices. In a recent interview clipped by WuBlockchain, Blockstream CEO Adam Back didn’t mince words: virtual-machine smart contracts are too complex to secure, restaking and rehypothecation build extreme hidden leverage, and the