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Arbitrum's massive $107 million grant program brought modest returns, generating only $15.2 million in revenue while showing mixed results across different projects. These findings come from a new Blockworks Research study that analyzed the effectiveness of blockchain grant programs. The analysis covered two major grant initiatives by
Animecoin, a cryptocurrency backed by Arbitrum Foundation and the Azuki NFT brand, announced new details about its token distribution on Sunday. The project, which aims to bring anime enthusiasts into the web3 space, plans to issue 10 billion Anime tokens and distribute 50.5% of them to the community. The
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A growing Solana-based platform DAOS.FUN connects Twitter personalities with retail crypto investors. The platform, managing $1.5 billion in assets from 51,000 users, brings a new approach to crypto fund management. Twitter users become fund managers through a simple process. After messaging @daosdotfun, approved creators get one week
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CoinDesk owner Bullish fired three top editors on Friday amid controversy over a deleted article about crypto billionaire Justin Sun. Editor-in-Chief Kevin Reynolds and Deputy Editors-in-Chief Nick Baker and Marc Hochstein lost their positions after the newsroom protested the removal of a story about Sun eating a $6.2 million
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A new Pre-PIP submitted to the Polygon DAO outlines a plan to utilize $1.3 billion in stablecoin reserves currently held in the Polygon PoS bridge. The proposal, authored by Allez Labs, Morpho Association and Yearn, suggests gradually moving these idle assets into yield-generating protocols, which could produce around $70
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President Donald Trump has reportedly offered the position of Securities and Exchange Commission (SEC) Chairman to Paul Atkins, a former SEC Commissioner known for his pro-cryptocurrency stance. This development comes as current Chairman Gary Gensler prepares to step down in January 2025. Multiple industry sources have confirmed that Trump has
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A federal court in California has ruled that members of Lido DAO, a cryptocurrency governance organization, can be held legally liable as general partners, marking a significant shift in how decentralized autonomous organizations (DAOs) may be treated under state law. Judge Vince Chhabria of the U.S. Northern District Court
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Traditional cryptocurrency market making has faced criticism for centralized control and lack of transparency, leading to concerns about market manipulation and barriers for smaller projects. Several initiatives are now emerging to address these challenges through decentralized approaches. Recent data shows significant activity in decentralized market making, with one platform reporting
News
Binance Labs has made its first investment in decentralized science through BIO Protocol, a platform that manages a network of healthcare-focused decentralized autonomous organizations (DAOs). The investment amount was not disclosed by the parties. BIO Protocol currently coordinates eight biotech DAOs that fund and develop new therapeutic solutions. These organizations
Zurich, Switzerland, January 17th, 2025, Chainwire Hyperbridge Extends Token Offering Deadline, Token Generation Event Set for Q1 2025 Following the successful launch of its mainnet and Gateway Token Bridge, Hyperbridge announces the extension of its Initial Relayer Offering (IRO) deadline to February 28th, 2025. This decision comes in response to
Barcelona, Spain, January 17th, 2025, Chainwire * As an EU-licensed service provider, Vottun’s latest push for blockchain innovation through a ‘Code-to-Earn’ model is aimed at onboarding the next million developers to Web3 * Backed by Draper, Macclin Capital, and Nebula Ventures among others, Vottun expects to significantly ramp up its developer
Singapore, Singapore, January 17th, 2025, Chainwire DeFi Agents AI (DEFAI) has raised $1.2M, supporting its efforts to improve the way users interact with decentralized finance. With the trading tool powered by AI, the platform aims to transform how users interact with decentralized finance, offering innovative tools and enhanced accessibility.
Grand Cayman, Cayman Islands, January 17th, 2025, Chainwire Reppo Labs, a Crypto x AI company spun out of Protocol Labs Venture Studio in March 2024, has successfully raised $2.2 million in funding to develop critical infrastructure that enables permissionless collaboration on niche datasets between data owners/warehouses and AI
Victoria, Seychelles, January 16th, 2025, Chainwire Recently, despite the pressure due to the appeal of the U.S. Securities and Exchange Commission, XRP has shown strength, with market sentiment reaching new highs. Multiple positive factors have driven XRP's price to soar, and analysts are optimistic about its prospects,
Singapore, Singapore, January 16th, 2025, Chainwire Reddio is excited to announce the official launch of its highly anticipated Testnet, marking a significant milestone as a front-runner in launching Parallel EVM public Testnets. Powered by GPU-accelerated parallel EVM technology and designed to enable AI capabilities, Reddio's innovative architecture redefines
Toronto, Canada, January 16th, 2025, Chainwire Torram, a Web2.5 infrastructure company, has announced the successful closure of its $710,000 pre-seed funding round in early December 2024. The company is focused on developing institutional-grade decentralized finance (DeFi) infrastructure directly on Bitcoin, positioning itself as a key enabler of innovation
Three celebrated events on snooker’s global tour, renowned for their elite fields , will welcome Sportsbet.io as their new title partner for the next two years. The Sportsbet.io Players Championship will run from March 17-23, 2025, at Telford International Centre, followed by the Sportsbet.io Tour Championship from
London, United Kingdom, January 15th, 2025, Chainwire Lido Impact Staking (LIS) officially launches on the 15th of January 2025, and introduces a new approach to sustainable funding for social impact, leveraging Ethereum staking rewards and Lido middleware to create lasting change. With LIS, users can stake ETH, stETH, or wstETH
Willemstad, Curaçao, January 15th, 2025, Chainwire Whale Casino has announced the launch of its latest innovation in the gaming sector, "Tribes," a dynamic multiplayer casino experience designed to transform how players engage with casino games. "Tribes" enhances engagement by allowing players to collaborate under a tribe
Silver Spring, United States, Maryland, January 15th, 2025, Chainwire BTCS Inc. (Nasdaq: BTCS) (“BTCS” or the “Company”), a leader in blockchain infrastructure and technology, today announced the deployment of its Scaled Validator Implementation Plan, aimed at enhancing revenue generation and operational efficiency within its blockchain operations. Over the past five
London, London, January 14th, 2025, Chainwire Good Market, built by fintech veterans from M2 Exchange and Freetrade, introduces a new trading platform that combines AI-driven trading with human-centered design. The platform enters closed beta testing with an initial group of 500+ traders, targeting a significant reduction in emotional trading errors
Kevin Owocki, founder of Gitcoin, is releasing a new book "How to DAO" in January 2025. The book positions itself as a blueprint for the future of organizational development, detailing practical ways to establish and operate decentralized autonomous organizations (DAOs). However, in recent responses to my email questions,
Arbitrum's massive $107 million grant program brought modest returns, generating only $15.2 million in revenue while showing mixed results across different projects. These findings come from a new Blockworks Research study that analyzed the effectiveness of blockchain grant programs. The analysis covered two major grant initiatives by
A growing Solana-based platform DAOS.FUN connects Twitter personalities with retail crypto investors. The platform, managing $1.5 billion in assets from 51,000 users, brings a new approach to crypto fund management. Twitter users become fund managers through a simple process. After messaging @daosdotfun, approved creators get one week
CoinDesk owner Bullish fired three top editors on Friday amid controversy over a deleted article about crypto billionaire Justin Sun. Editor-in-Chief Kevin Reynolds and Deputy Editors-in-Chief Nick Baker and Marc Hochstein lost their positions after the newsroom protested the removal of a story about Sun eating a $6.2 million
A new Pre-PIP submitted to the Polygon DAO outlines a plan to utilize $1.3 billion in stablecoin reserves currently held in the Polygon PoS bridge. The proposal, authored by Allez Labs, Morpho Association and Yearn, suggests gradually moving these idle assets into yield-generating protocols, which could produce around $70
President Donald Trump has reportedly offered the position of Securities and Exchange Commission (SEC) Chairman to Paul Atkins, a former SEC Commissioner known for his pro-cryptocurrency stance. This development comes as current Chairman Gary Gensler prepares to step down in January 2025. Multiple industry sources have confirmed that Trump has
A federal court in California has ruled that members of Lido DAO, a cryptocurrency governance organization, can be held legally liable as general partners, marking a significant shift in how decentralized autonomous organizations (DAOs) may be treated under state law. Judge Vince Chhabria of the U.S. Northern District Court
Traditional cryptocurrency market making has faced criticism for centralized control and lack of transparency, leading to concerns about market manipulation and barriers for smaller projects. Several initiatives are now emerging to address these challenges through decentralized approaches. Recent data shows significant activity in decentralized market making, with one platform reporting
Binance Labs has made its first investment in decentralized science through BIO Protocol, a platform that manages a network of healthcare-focused decentralized autonomous organizations (DAOs). The investment amount was not disclosed by the parties. BIO Protocol currently coordinates eight biotech DAOs that fund and develop new therapeutic solutions. These organizations
TON Foundation, the organization behind Telegram's blockchain network, launched Society DAO - a new governance framework to decentralize its $12.5 billion ecosystem. Four major entities will lead TON's development under the new model: TON Core, TON Society, Wallet in Telegram and TON Studio. The foundation
When Uniswap Labs launched Unichain without asking UNI token holders, they exposed what many suspected: DAO governance is often just a facade for centralized decision-making. On October 11, Uniswap Labs rolled out their Unichain testnet. They didn't consult the DAO. They didn't seek approval. They just
The recent hype surrounding DAOs in sports overlooks a crucial fact: the sports industry is already a highly efficient, self-organized structure. This realization challenges claims that DAOs could revolutionize sports management and fan engagement. Professional sports leagues and teams have developed complex, effective organizational structures over decades. These systems balance