Author: NBTC
NewLimit, a biotechnology startup co-founded by Coinbase CEO Brian Armstrong, has raised $130 million in a Series B funding round to bolster its ambitions to slow or even reverse aspects of human aging. The round, led by Kleiner Perkins, drew participation from prominent returning investors including Founders Fund, Dimension Capital, angel investor Elad Gil, Y Combinator CEO Garry Tan, and Stripe co-founder Patrick Collison, according to a statement. New investors included former GitHub CEO Nat Friedman, Apple’s former machine learning director Daniel Gross, and Khosla Ventures. The raise brings the startup’s total funding to over $170 million following a $40…
Raydium is releasing LaunchLab, a new token launchpad to compete with Pump.fun. The exchange announced this platform last month, and its full release has sparked community enthusiasm. Pump.fun and Raydium have been locked in an intense competition in the Solana ecosystem. Last month, Pump.fun launched its own decentralized exchange, and now Raydium has introduced its own launchpad. Raydium Increases Solana Dominance with new Launchpad Raydium, Solana’s largest decentralized exchange, has the opportunity to make some serious gains in the near future. Solana meme coins are eyeing a comeback with heightened trade volumes and rising token prices, and the firm is…
Carlos Dada, the director of El Faro, a newspaper in El Salvador that has published investigations into the Nayib Bukele administration, has claimed that it has “received reliable information that the Salvadoran Attorney General’s Office is preparing arrest warrants for El Faro journalists.” El Faro had recently published a new series of videos reiterating and expanding reporting on Bukele’s negotiations with Salvadoran gangs, something that Bukele has been denying for multiple years. The United States Treasury had reinforced the accusations of Bukele’s administration negotiating with gangs when it sanctioned officials from Bukele’s administration, alleging that the administration “provided financial incentives…
The world of crypto gaming is constantly evolving, sometimes bringing unexpected news. Recently, the community received surprising news from South Korean online game giant Neowiz regarding its foray into the blockchain space. What’s Happening with Intella X? Neowiz’s dedicated blockchain gaming platform, known as Intella X, has officially announced its decision to cease operations. The announcement, made via their official X (formerly Twitter) account, signals a significant shift in the company’s approach to blockchain technology and gaming. This move means that the Intella X platform services and all related offerings will be discontinued. The company cited a shift towards a…
Antalpha Platform Holding has launched the roadshow for its upcoming initial public offering, planning to offer 3,850,000 ordinary shares at an expected price range of $11.00 to $13.00 per share. IPO Filed With SEC Antalpha Platform Holding has announced the commencement of the roadshow for its proposed initial public offering (IPO). The company, which is Bitmain’s primary lending partner, intends to offer 3,850,000 ordinary shares with an expected price range between $11.00 and $13.00 per share. According to a statement, Antalpha could raise approximately $50.05 million before accounting for potential over-allotments and other expenses. It also expects to grant the…
Kula, a blockchain-powered impact investment firm, has rolled out a governance token designed to give investors and local communities shared control over real-world asset projects. The $KULA token, which debuted April 15, gives holders the chance to vote on key investment decisions, including project funding, treasury allocations, and governance strategies. The initiative combines traditional management structures with decentralized blockchain participation, aiming to bring transparency and local representation to projects historically shaped by external investors, according to a note shared with crypto.news. Token holders will have full voting rights and cannot delegate or proxy their votes, a move the company says…
The Securities and Exchange Commission will host a roundtable on May 12 to discuss the growing role of tokenization in financial markets. The event, titled “Tokenization — Moving Assets Onchain: Where TradFi and DeFi Meet,” will run from 1 p.m. to 5:30 p.m. at the agency’s Washington, D.C. headquarters and will also be webcast live, according to a release from the SEC. Led by Commissioner Hester Peirce, the roundtable will feature panelists from BlackRock, Fidelity, Nasdaq, Robinhood, and others. Topics include the evolution of capital markets through tokenized assets and regulatory considerations for their future use. “Tokenization is a technological…
Verasity, a blockchain protocol focused on video monetization and ad fraud prevention, has announced a strategic partnership with SoonChain—an AI-powered gaming Layer 2 (L2) platform. The collaboration aims to bring Verasity’s video delivery infrastructure to the next generation of Web3 games built on SoonChain’s ecosystem. Verasity’s proprietary VeraPlayer will now be used across SoonChain’s gaming network to deliver trailers, gameplay showcases, tutorials, and other video content. Image: Verasity What SoonChain Brings to the Table SoonChain describes itself as a developer-friendly, AI-integrated gaming L2 that makes Web3 development more accessible. With a mission to reduce the technical entry barriers for new…
According to recently shared data by CryptoQuant, the biggest cryptocurrency trading platform in the U.S. jurisdiction, Coinbase, has been stunned with a cumulative withdrawal worth roughly half a billion dollars. An analyst of the aforementioned on-chain data company shared his take on what this withdrawal could mean for the crypto market. $500 million in Bitcoin on move CryptoQuant has noticed that the U.S. largest cryptocurrency exchange by trading volume, Coinbase, has seen cumulative withdrawals of more than 7,000 Bitcoins. This happened on April 25, according to the chart. This amount of crypto is worth approximately $500,000,000. Over 7,000 Bitcoin withdrawn…
Fed’s decision on Wednesday is awaited by Americans but more so by Polymarket bettors. One investor bet $7k on a decrease in interest rates by 25bps. However, the odds are pointing in a different direction. According to the majority of polymarket bettors (98%), the Fed will not change the interest rates. On the other hand, 1.9% of traders think that the Fed will lower the rates by 25bps. If the latter goes through, the trader could make $400k. However, that is close to impossible. This guy will make $400,000 if the Fed cuts rates tomorrow. He bet $7k. Money pit…