Polychain was founded by Olaf Carlson-Wee, the first employee of crypto exchange Coinbase, and is one of the largest and best-known crypto venture firms, with more than $11 billion in assets under management. Pant was a general partner there from 2017 to 2023, tasked with steering the firm’s venture money into promising crypto startups. Source
Messi shared an image displaying the token’s mascot, a cartoon glass of water, perched on his shoulder, with a link to the project’s Instagram page on Monday. WATER jumped from $0.00032 to $0.00146 in the two hours following the post, a surge of 356%. Source
It wasn’t until late 2017 when we went all in on Web3, joining a crypto payments startup that sought to level the playing field for business operators that were fighting tooth and nail with the banks for a fair go. We got to go around the world giving talks and running workshops, while Leah wrote red pill-styled opinion pieces on everything from peer-to-peer (P2P) payments and crypto-asset backed remittance to decentralized identity and reputation. But, OMG, the education effort was a hard slog. Yes, of course, people would nod emphatically…
Baanx has been working with Mastercard to deliver a range of non-custodial crypto card offerings. Source
AI is set to transform the gaming industry by reducing costs and enhancing creativity. Creating a game requires a wide range of skills, including art, writing, animation, and programming. AI can automate many aspects of this process, making development more efficient and cost-effective. The technology powering AI, primarily GPUs, is the same used for rendering games. This alignment has been reflected in NVIDIA’s stock price, making it one of the most valuable companies in the world. Moreover, as AI takes on more tasks, people will have more free time to…
The new protocol, called the TON Applications Chain (TAC), will make use of Polygon’s Chain Development Kit (CDK), as well as their AggLayer. Source
With eight issuers looking to launch an ether ETF at the same time, fees will play a critical role in differentiating a product from the others and appealing to investors. Grayscale’s higher-than-normal 1.5% fee on its bitcoin (BTC) trust caused it, among other reasons, to bleed billions of dollars while others saw mostly inflows. Source
Following their pleas shortly after FTX’s massive, industry-shaking collapse in late 2022, they testified against Bankman-Fried at his trial, saying they were made aware of wrongdoing at the exchange shortly before it filed for bankruptcy. Another former FTX executive, Ryan Salame, was recently sentenced to 7.5 years in prison after pleading guilty to campaign finance charges. Salame did not testify against Bankman-Fried. Source
All 20 assets within the CoinDesk 20 are trading higher today. Source
The “second-mover advantage” phenomenon is playing out in real-time in the DePIN sector. Source