Multicoin Capital eyeing AI agents, institutional ‘frenzy’ in 2025

January 7, 2025
The Last Cryptocurency
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The venture firm expects 2025 to see a proliferation of tokenized securities and the emergence of AI agent “alpha hunters.”

The role of governance in the booming decentralized finance industry is a nascent one, and there are ongoing conversations from key figures in the industry around its purpose and what governance may look like in the future.Sam Bankman-Fried of FTX recently shared that his firm’s involvement in DeFi will be “motivated by short-term profits and…

Uphold exchange denies owing millions to failed crypto lender Cred

Crypto exchange Uphold has denied owing around $784 million to the liquidation trust of bankrupt crypto investment platform Cred.At a court hearing on Jan. 11, Uphold filed a motion to dismiss all counts in the suit served against the firm by Cred in June 2022.Cred was a crypto lending service that filed chapter 11 bankruptcy…

Polkadot (DOT) and Kusama (KSM) skyrocket in price after attracting $30M in funding

Polkadot (DOT) and Kusama (KSM) rose in tandem on June 3 as traders assessed a venture capital firm's major investment into their blockchain ecosystems.Dubbed as Master Ventures, an Asian blockchain incubator and venture capitalist announced that it had launched a $30 million venture capital fund called Master Ventures Polkadot VC Fund. In a press release published…

‘Big Short’ author Michael Lewis almost ready to publish book on SBF

The author didn’t want to give away too many details on the book, but did note that his recounting of the FTX collapse "aims to read like a piece of fiction." Michael Lewis, the bestselling author of The Big Short and Moneyball, has revealed that he has almost finished writing his book on Sam Bankman-Fried…

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Tron network leads in stablecoin market share amid growing monthly transfer volume

Tron’s share of the stablecoin market continues to grow as the network’s adjusted transfer volume in USDT hit $384 billion in July.

Canada’s DMG Blockchain Starts Installing 85 MW Substation for Crypto Mining Expansion

Canada-based DMG Blockchain Solutions has launched the installation of an 85-megawatt substation for crypto mining expansion, according to an official statement July 26. The DMG crypto mining operation will be implemented on an industrial scale with direct support from the local government and electricity providers. DMG Blockchain Solutions is a multi-sector crypto and blockchain firm…

BREAKING: BitMEX will pay $100M in penalties to FinCEN, CFTC

Former CEO Arthur Hayes and other executives at the firm are still likely to face charges on alleged violations of the Bank Secrecy Act. 670 Total views 5 Total shares Crypto derivatives exchange BitMEX has agreed to pay up to $100 million to resolve a case from the United States Commodity Futures Trading Commission, or…

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Pantera invests in TON with high expectations for Telegram’s future

The Telegram-TON hookup opens up a broad spectrum of Web3 opportunities for Telegram’s 900 million monthly users, Pantera Capital said.

Nvidia Q3 Results Reveal ‘Crypto Hangover’ Due to Disappearance of Miner Sales

Nvidia released its earnings report for the third quarter (Q3) of 2018 today, Nov. 15, revealing that demand for Nvidia’s graphics processing units (GPUs) among crypto miners has dried up.In the financial results report, founder and CEO of Nvidia Jensen Huang said that the company’s “near-term results reflect excess channel inventory post the cryptocurrency boom,…

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