Category: crypto
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a16z says blockchain is finance’s cloud shift, not a decentralization story
a16z crypto argues that Wall Street is adopting blockchain for efficiency, risk control, and programmable market infrastructure. Guy Wuollet compares blockchain to cloud computing in finance. Tokenized assets create shared networks and improve settlement, coordination, and counterparty risk reduction. Financial industry is undergoing a digital migration to upgrade finance architecture with blockchain as core infrastructure.
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Foundation raises $6.4M to expand beyond Bitcoin wallets
Bitcoin hardware wallet maker Foundation has raised $6.4 million in new funding led by Fulgur Ventures to expand into identity, authentication, and AI agent authorization. The company has launched Passport Prime and plans to open a KeyOS app store by Q2. The funding brings total funding to $16.5 million.
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Cycles raises $6.4M to build private crypto clearing network
Cycles, a crypto infrastructure startup, has raised $6.4 million in seed funding to build a private clearing network in digital asset markets. The funding round was led by Blockchange Ventures, with participation from Coinbase Ventures, Compound VC, and Primitive Ventures. The company aims to reduce liquidity usage and counterparty risk.
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Blockchain.com files confidentially for U.S. IPO
Blockchain.com has confidentially submitted a draft registration statement to the U.S. Securities and Exchange Commission for a U.S. initial public offering. The company has not determined the number of shares or price range yet and will proceed with the IPO based on market conditions and SEC review. This move signals a potential reopening of the…
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Bitcoin slips below $77,000 on Gate as BTC cools
Bitcoin has dipped below $77,000 on Gate, trading just under the threshold with a 0.03% decline in a muted session. The small drop indicates traders are consolidating positions rather than reacting to a major shock. The broader context suggests altcoins may be at higher risk than BTC due to market volatility and tightening odds.
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Binance, OKX dominate perps as perp DEX OI share nearly quadruples
CoinGecko’s 2026 Crypto Perpetuals Report shows Binance and OKX leading in perpetual futures, with Binance holding 33% and OKX holding 15% of the market share. Perp DEXs are rapidly gaining ground, with their open interest share rising from 3.6% in early 2025 to 13.5% in early 2026.
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long-term holder supply nears record 16.3M BTC
Long-term Bitcoin holders have increased their holdings to around 16.3 million BTC, close to all-time highs, breaking a two-and-a-half-year downtrend. This indicates a return to accumulation by smart money investors, with supply levels reaching levels last seen in January 2024 before the launch of U.S. spot ETFs.
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State Street Corporation raises exposure to Strive by 770% in Bitcoin push
State Street Corporation increased its exposure to Strive Asset Management by purchasing nearly 1 million shares in the Bitcoin-focused asset manager, valued at about $17.7 million. Strive has added 381.61 BTC to its corporate Bitcoin holdings, now totaling 15,391 BTC. Analysts have raised their price targets for ASST shares as Strive expands its Bitcoin treasury…
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Bybit opens 24/7 leveraged bets on SpaceX before IPO
Bybit introduced a new perpetual trading product linked to SpaceX before the company’s upcoming public listing. The SPCXUSDT contract allows traders to leverage up to 10x and trade SpaceX exposure continuously. SpaceX’s SEC filings revealed it holds more Bitcoin than Tesla and is aiming for a $2 trillion valuation in its IPO.
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Bankless reportedly axes most of team in silence as co-founder declares ‘end of first era’
Bankless is facing backlash for reportedly laying off most of its staff without announcing it publicly. Co-founder Ryan Sean Adams declared the end of the media brand’s first era. Critics say the founders are not addressing the layoffs and are posting unrelated content instead of supporting affected employees.