Author: Kryptonews
Crypto-focused venture capital firm Escape Velocity has raised nearly $62 million to invest in decentralized physical infrastructure network (DePIN) projects, signaling continued venture interest in the sector despite a broader slowdown in crypto and technology funding.As first reported by Fortune on Thursday, the raise marks Escape Velocity’s second fund dedicated to backing founders across DePIN and other crypto-native sectors. The fund closed in December and drew support from investors including Marc Andreessen, co-founder of Andreessen Horowitz, and Micky Malka, founder of Ribbit Capital.Cendana Capital, a venture fund-of-funds that invests in early-stage managers, allocated $15 million to the vehicle. Source: Top…
Sentient (SENT) has emerged as the largest gainer among the top 300 cryptocurrencies today, recording a double-digit price increase and reaching a new all-time high.Sponsored SponsoredThe rally was driven by dual listings on Bithumb and Upbit, significantly expanding SENT’s market access and boosting liquidity.Sentient (SENT) Hits Record High Following Dual Exchange ListingsSentient is a protocol that seeks to create a decentralized artificial intelligence ecosystem. The protocol is focused on building the GRID, which it describes as the first open, community-built artificial general intelligence (AGI) network. Its core mission is to ensure AGI is open source and not controlled by any…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum (ETH) is extending its influence in the AI industry as developers aim to integrate AI with decentralized technology. Building on this, new reports have revealed that ETH developers are preparing to roll out an AI-focused update that could see AI agents work and engage directly on the blockchain network. Ethereum Prepares To Launch New AI Agent Standards Ethereum is getting ready to launch a major update that could transform how artificial intelligence interacts with blockchain. The new upgrade, called ERC-8004, uses blockchain to find, select, and…
Plans to turn one of Belgrade’s most charged architectural sites into a Trump-branded luxury hotel have collapsed after Serbia’s culture minister and several senior heritage officials were indicted, according to The Art Newspaper, bringing a controversial redevelopment proposal to an abrupt halt. The project would have transformed the Generalštab complex, a former Yugoslav military headquarters and landmark of postwar Modernism, into a high-end development anchored by a Trump International Hotel. But the developer, Affinity Global Development, a company linked to Jared Kushner, has now withdrawn from the deal following indictments against Nikola Selaković, Serbia’s minister of culture, and three other senior officials…
Key takeaways:Bitfinex Bitcoin margin longs hit 2-year highs, but arbitrage suggests this isn’t a purely bullish price indicator.Bitcoin price drops as tech stock valuations and gold gains drive investors toward cautious, risk-averse behavior.Bitcoin (BTC) price plummeted to its lowest level in over two months on Thursday, retesting the $84,000 support. This sell-off aligned with a broader move toward risk aversion after Microsoft (MSFT US) shares tanked 11% following reports of increased capital expenditures and disappointing quarterly cloud server revenue.Investors are currently analyzing why demand for bullish margin positions surged to a two-year high despite a 26% price decline over the…
The central bank of El Salvador, the tiny bitcoin-friendly nation in Central America, added $50 million worth of gold to its reserves, the institution said Thursday in an X post.The purchase — 9,298 troy ounces — brings the country’s total gold holdings to 67,403 ounces, valued at roughly $360 million at current pricesPresident Nayib Bukele reposted the announcement, writing, “We just bought the other dip.” Whether Bukele was applauding the gold buy or cheekily announcing the government’s own bitcoin buy wasn’t clear. Arkham data did show the country adding one bitcoin to its holdings on Thursday, in line with Bukele’s…
21Shares has launched a Jito-staked Solana exchange-traded product in Europe, offering listed exposure to the SOL token with staking embedded.The 21Shares Jito Staked SOL ETP will trade under the ticker JSOL in US dollars and euros and is listed on Euronext Amsterdam and Paris, making it the first Europe-listed ETP backed by JitoSOL, according to the company. The product holds JitoSOL directly and reflects staking rewards in its net asset value.Issued by the Jito Network, JitoSOL represents SOL (SOL) deposited into a liquid staking program on the Solana network, where staked tokens remain transferable rather than locked. Holding JitoSOL allows…
IntroductionInstitutional investors—such as hedge funds, pension funds, endowments, and family offices—have traditionally maintained a cautious distance from cryptocurrencies. Initially perceived as volatile, speculative, and largely unregulated, the crypto market was often considered too risky for these capital-heavy players. However, the landscape has changed dramatically over the last few years. As traditional markets experience growing uncertainty—from persistent inflation and rising interest rates to global geopolitical instability—many institutional investors are reassessing their asset allocation strategies. Increasingly, digital assets like Bitcoin are being evaluated not only as speculative vehicles but as potential long-term stores of value and hedges against macroeconomic risk. A recent…
12 For decades, the promise of virtual reality (VR) has been a visual one. We could see digital worlds, and eventually, we could hear them with precision. But the moment we reached out to touch a virtual object, the illusion broke. Our hands passed through ghosts. To fix this, we were told we needed to wear “armor” — heavy haptic gloves tethered by wires, filled with vibrating motors that felt more like a buzzing phone than a physical texture. But as of early 2026, a new wave of innovation is removing the gear. Startups like Ultraleap and a handful of…
Digital asset custodian Copper is reportedly weighing an initial public offering (IPO) shortly after rival BitGo debuted on the New York Stock Exchange, underscoring growing institutional appetite for cryptocurrency infrastructure companies. Citing sources close to the discussions, CoinDesk reported Thursday that Copper is exploring its public listing options, with Deutsche Bank, Goldman Sachs and Citigroup among the banks involved.A Copper spokesperson said the company is not currently planning a public listing, but declined to comment on whether the custodian is in early-stage talks about going public.Backed by Barclays, Copper provides institutional-grade custody, settlement and collateral management services designed to help financial…
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