Category: crypto

AI search startup Exa Labs raised $250 million in funding led by Andreessen Horowitz, increasing its valuation to $2.2 billion. The company is focused on building search infrastructure for AI systems instead of traditional users, aiming to improve how large language models retrieve and process live web information. Investors are optimistic about disrupting traditional web…

AllUnity is set to launch SEKAU, a stablecoin backed 1:1 by Swedish krona reserves in June, pending regulatory approval. The German startup also introduced Agentic Payments for AI-initiated business transactions. SEKAU will be one of the few non-dollar stablecoin alternatives in the market, competing with predominantly dollar-backed tokens.

ZachXBT alleges that $25 million from BlockDAG and ZKP presale funds were mixed and used for influencer promotions and gambling marketing linked to Gurhan Kiziloz. Investors are warned to avoid these projects due to undisclosed reuse of funds and questionable financial practices. Frustration among retail investors is growing over unclear fund use and withdrawal delays.

Raoul Pal predicts that AI and crypto could increase global GDP by $100 trillion within a decade. He sees AI and blockchain converging into a single infrastructure layer for the economy, with the crypto market potentially growing to $100 trillion. Pal believes individuals can own blockchain infrastructure and benefit from AI advancements.

The Clarity Act, supported by Ripple CLO Stuart Alderoty, aims to establish clear rules for the US crypto market, potentially unlocking trillions of dollars. The bill advanced in the Senate Banking Committee with bipartisan support, but still requires more votes and reconciliations before becoming law. Failure to pass could delay crypto regulation until 2030.

Glassnode warns that 1.92 million BTC, or 9.6% of the total supply, is exposed to a quantum breakthrough. Satoshi Nakamoto’s coins and early outputs are at risk. In addition, 4.12 million BTC, or 20.6% of the supply, is operationally exposed due to address reuse. Exchanges should improve security measures.

Checker, a stablecoin infrastructure startup, has raised $8m to expand its single-API platform for banks and fintechs. The company has processed over $3b in transactions in the last year. The funding will support global expansion and the development of AI agents for onboarding, compliance, and treasury operations.

Coinbase, Kraken, and Gemini are opposing a provision in the Digital Asset Market Structure Bill that would prevent exchanges from listing tokens susceptible to manipulation. They argue that the clause would hinder compliant listings for small-cap coins, stifle innovation, and limit market access for Americans participating in digital asset markets.

Deloitte has acquired Blocknative, a Web3 infrastructure company, in a talent-focused deal. Blocknative will wind down its APIs and gas oracle network next month. Deloitte aims to deepen its push into crypto consulting by incorporating Blocknative’s team into its existing blockchain practice. This acquisition is part of a broader trend of consolidation in the crypto…

Moment, an AI trading startup founded by former Citadel Securities quants, raised $78m in funding led by Index Ventures. The company’s automated fixed income and equity trading platform has attracted major wealth managers. The funding follows a previous raise in July 2025 and aims to help financial institutions automate trading workflows.