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News
Cognition raises capital at $46B valuation, nearly doubling in three months
29+ min ago (332+ words) The AI coding startup behind Devin is now worth more than most publicly traded software companies, fueled by a revenue run-rate approaching $1 billion Cognition, the San Francisco-based AI startup behind the autonomous coding agent Devin, is raising new capital at…...
Helius CEO accuses Kraken of mathematical illiteracy over SOL governance vote
43+ min ago (334+ words) The Solana infrastructure company pushed through a landmark disinflation proposal, then turned its fire on Kraken for opposing it. Solana’s first-ever binding on-chain governance vote passed. The network’s economic model is set to change. And the CEO of Helius, one…...
Solana's double disinflation proposals fail to secure approval
1+ hour ago (334+ words) Both economic overhaul proposals fell short of the 66.67% supermajority needed in Solana's inaugural binding on-chain governance vote Solana’s first-ever binding on-chain governance vote just wrapped up, and the network’s validators said “not yet” to two proposals that would have dramatically…...
Lido's Community Staking Module becomes first to receive full Ethereum certification
1+ hour, 1+ min ago (436+ words) Ethereum.org awards Lido's Community Staking Module all six green checkmarks, a first for any staking pool on the network There are participation trophies, and then there are certifications that actually mean something. Lido’s Community Staking Module just earned the…...
Morpho targets real-world assets as untapped market for lending
1+ hour, 41+ min ago (525+ words) The permissionless lending protocol has grown RWA collateral from near zero to roughly $400M as it eyes a slice of the $200 trillion global credit market. There’s a $200 trillion global credit market sitting mostly offline. Morpho, the permissionless lending protocol, thinks it…...
CoinGecko app adds tracking for tokenized stocks and commodities
2+ hour, 2+ min ago (409+ words) The crypto data aggregator now lets users monitor tokenized versions of assets like Nvidia and gold alongside their real-world benchmark prices. CoinGecko, the crypto market data platform best known for tracking thousands of tokens and coins, has rolled out dedicated…...
CoinShares reports $2B in crypto ETP inflows as AI revenue for Bitcoin miners could hit 70%
2+ hour, 17+ min ago (332+ words) Bitcoin miners are quietly becoming AI infrastructure companies, and the numbers are getting hard to ignore Bitcoin miners are undergoing the corporate equivalent of a career change. According to CoinShares, publicly listed miners could derive roughly 70% of their revenue from…...
California's AB 2409 passes both chambers unanimously, banning public officials from launching memecoins
2+ hour, 32+ min ago (403+ words) The bill, which cleared the Senate 40-0 and Assembly 78-0, now sits on Governor Newsom's desk and would bar digital asset platforms from listing official-linked meme coins starting January 2027. California just told its politicians to keep their hands off the memecoin launch…...
CryptoQuant CEO declares Bitcoin bear market over as price metric mirrors 2023 recovery
2+ hour, 33+ min ago (463+ words) Ki Young Ju pointed to his firm's profitability index crossing a key threshold, the same signal that preceded Bitcoin's rally from $16K to $73K in 2023 CryptoQuant CEO Ki Young Ju declared on August 25 that “the Bitcoin bear cycle is over,” backing the…...
Ethena extends USDe backing to equity perpetuals with $6B open interest
2+ hour, 49+ min ago (353+ words) The synthetic dollar protocol is betting that stock market perps will eventually generate more yield than crypto, and the numbers suggest it might be right Ethena, the protocol behind the USDe synthetic dollar, is expanding its delta-neutral backing strategy beyond…...