Crypto News
Foresight Ventures Listed Among 2024’s Top 5 Global Crypto VC Firms
Foresight Ventures was recognized as one of the top five most active crypto venture capital firms globally in 2024, according to Cryptorank data. Foresight Ventures Recognized for Active Role in Crypto Funding The Singapore-based firm, Foresight Ventures, completed approximately 50 to 60 funding rounds last year, placing it among peers such as Cogitent Ventures andSource link
CZ’s Dog Made a Killing for One Memecoin Creator and Murdered Everyone Else
Life comes at you fast. Memecoin cycles… even faster.Such was the gwei on a bloody Thursday in the memecoin trenches. The trend of the day was Changpeng Zhao's dog. The former Binance CEO said on X that he would tweet its name and photo, knowing full well that the simple act would fuel opportunistic people to create memecoins.Many crypto personalities have unwittingly seen their pooches turned into tokens. Seldom do they engage with – let alone encourage – the trend. CZ was different. He promised to release the alpha, but openly questioned how traders would know which memecoin was the "official" token to buy.Nevermind that. At 11:12 AM New York time, CZ revealed he had a Belgian Malinois named "Broccoli."...
IOTA Launches Business Innovation Program to Boost Mainnet Applications
The IOTA Foundation introduces a new initiative to support businesses in developing real-world applications on the IOTA Rebased Mainnet, offering funding and resources for innovative projects. (Read More)Source link
Coinbase Posts $2.27B in Q4 Revenue, Blowing Through $1.84B Estimate
Coinbase (COIN) topped already strong estimates for fourth quarter results, posting a 138% year-over-year gain in revenue amid the major bull move in crypto surrounding the November election of Donald Trump.The leading U.S. crypto exchange posted fourth quarter revenue of $$2.27 billion against consensus $1.84 billion and $1.26 billion three months prior.Adjusted earnings for the three months of of $1.3 billion topped consensus of $906.9 million.Trading volume in the fourth quarter was $439 billion, up 185% from the year-ago level. Transaction revenue of $1.56 billion was higher by 194% year-over-year."Crypto’s voice was heard loud and clear in the U.S. elections, and the era of regulation via enforcement that crippled our industry in the U.S. is on its way out," said...
Coinbase Revenue Surges to $2.3 Billion as Bitcoin Booms and Retail Returns
Crypto exchange Coinbase had a huge Q4 thanks to the election of Donald Trump and Bitcoin's subsequent surge.Source link