Blockchain – SiliconANGLE https://siliconangle.com Extracting the signal from the noise. Mon, 24 Feb 2025 10:00:58 -0500 en-US hourly 1 https://wordpress.org/?v=4.9.22 $1.5B in cryptocurrency stolen from Bybit in attack linked to North Korean hackers https://siliconangle.com/2025/02/23/1-5b-cryptocurrency-stolen-bybit-attack-linked-north-korean-hackers/ https://siliconangle.com/2025/02/23/1-5b-cryptocurrency-stolen-bybit-attack-linked-north-korean-hackers/#respond Sun, 23 Feb 2025 23:13:13 +0000 https://siliconangle.com/?p=687390
Dubai-based cryptocurrency exchange Bybit Technology Ltd. has been hacked, with some $1.5 billion in cryptocurrency stolen in what is believed to be the largest single theft in cryptocurrency history. Bybit is a well-known cryptocurrency exchange with more than 60 million users. It’s regularly ranked among the top five cryptocurrency exchanges online by volume. The hack was disclosed on Feb. […]

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Block falls short on Q4 estimates with lower-than-expected earnings https://siliconangle.com/2025/02/20/block-falls-short-q4-estimates-lower-expected-revenue-earnings/ https://siliconangle.com/2025/02/20/block-falls-short-q4-estimates-lower-expected-revenue-earnings/#respond Thu, 20 Feb 2025 23:56:10 +0000 https://siliconangle.com/?p=687245
Shares in Block Inc. fell more than 7% in after-hours trading today after the financial services company came up short of expectations on both earnings and revenue in its fiscal 2024 fourth quarter. Block reported adjusted earnings per share of 71 cents, up from 47 cents per share in the fourth quarter of 2023, on […]

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Coinbase obliterates projections as crypto trading surge drives 172% increase in transaction revenue https://siliconangle.com/2025/02/13/coinbase-obliterates-projections-crypto-trading-surge-drives-172-increase-transaction-revenue/ https://siliconangle.com/2025/02/13/coinbase-obliterates-projections-crypto-trading-surge-drives-172-increase-transaction-revenue/#respond Thu, 13 Feb 2025 23:43:12 +0000 https://siliconangle.com/?p=686596
Coinbase Global Inc. impressed investors today, as the latest boom in cryptocurrency trading helped the company obliterate Wall Street estimates in its fiscal fourth quarter. For the quarter that ended on Dec. 31, Coinbase reported adjusted earnings per share of $4.68, up from $1.04 in the same quarter of 2023, on revenue of $2.3 billion, […]

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Robinhood shares jump 16% as company smashes estimates with 700% crypto trading growth https://siliconangle.com/2025/02/12/robinhood-shares-jump-16-company-smashes-estimates-700-cryptocurrency-trading-growth/ https://siliconangle.com/2025/02/12/robinhood-shares-jump-16-company-smashes-estimates-700-cryptocurrency-trading-growth/#respond Wed, 12 Feb 2025 23:21:39 +0000 https://siliconangle.com/?p=686474
Shares in Robinhood Markets Inc. jumped over 16% in late trading today after the financial services company smashed expectations on revenue and earnings in its fiscal 2024 fourth quarter. For the quarter that ended on Dec. 31, Robinhood reported adjusted earnings per share of $1.01, up from three cents a share in the same quarter […]

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Olas raises $13.8M to launch decentralized app store for AI agents https://siliconangle.com/2025/02/05/olas-raises-13-8m-launch-decentralized-app-store-ai-agents/ https://siliconangle.com/2025/02/05/olas-raises-13-8m-launch-decentralized-app-store-ai-agents/#respond Wed, 05 Feb 2025 20:00:41 +0000 https://siliconangle.com/?p=685818
Olas announced Tuesday it has raised $13.8 million to launch Pearl, a blockchain-based decentralized artificial intelligence agent marketplace. The round was led by 1kx with participation from Tioga Capital, Sigil Fund, Zee Prime Capital and Spaceship DAO. Olas, also Autonolas DAO, launched a platform for autonomous AI agents in 2021 within the blockchain and crypto industry. […]

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D3 raises $25M to put internet domain names on the blockchain https://siliconangle.com/2025/01/30/d3-raises-25m-put-internet-domain-names-blockchain/ https://siliconangle.com/2025/01/30/d3-raises-25m-put-internet-domain-names-blockchain/#respond Thu, 30 Jan 2025 19:25:22 +0000 https://siliconangle.com/?p=685390
D3 Global, a startup working on a way to bring internet domain names onto the blockchain, said Wednesday it has raised $25 million in an early-stage financing led by venture capital firm Paradigm to make that vision a reality. The Series A round was also joined by Coinbase Ventures, co-founder of Polygon Labs Sandeep Nailwal, […]

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Decentralized identity project Humanity Protocol raises $20M https://siliconangle.com/2025/01/27/decentralized-identity-project-humanity-protocol-raises-20m/ https://siliconangle.com/2025/01/27/decentralized-identity-project-humanity-protocol-raises-20m/#respond Mon, 27 Jan 2025 17:10:06 +0000 https://siliconangle.com/?p=684968
Decentralized identity verification blockchain project Humanity Protocol said today it has raised $20 million in new funding. The round was co-led by major crypto investment firms Pantera Capital and Jump Crypto at a $1.1 billion bully diluted valuation. It follows a previous $30 million round in May 2024, which valued the firm at $1 billion at the […]

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Stablecoin issuer Circle buys Hashnote crypto money-market fund manager https://siliconangle.com/2025/01/21/stablecoin-issuer-circle-buys-hashnote-crypto-money-market-fund-manager/ https://siliconangle.com/2025/01/21/stablecoin-issuer-circle-buys-hashnote-crypto-money-market-fund-manager/#respond Tue, 21 Jan 2025 19:40:42 +0000 https://siliconangle.com/?p=684477
Circle Internet Group Inc., the issuer of the $48 billion USD Coin stablecoin, today announced the acquisition of Hashnote Management LLC, a company that provides a tokenized money market fund with nearly $1.3 billion in assets. Circle said as part of the deal it will integrate USDC with Hashnote’s US Yield Coin, which allows investors […]

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Phantom cryptocurrency wallet raises $150M at $3B valuation https://siliconangle.com/2025/01/17/phantom-cryptocurrency-wallet-raises-150m-3b-valuation/ https://siliconangle.com/2025/01/17/phantom-cryptocurrency-wallet-raises-150m-3b-valuation/#respond Fri, 17 Jan 2025 17:50:26 +0000 https://siliconangle.com/?p=684229
Cryptocurrency wallet provider Phantom Technologies Inc. has raised $150 million in a new funding at a $3 billion valuation. The Series C round was led by Sequoia Capital and Paradigm. Andreessen Horowitz’s a16z crypto venture capital arm and Variant also participated in the round, which was announced Wednesday. Crypto wallets are essential to the cryptocurrency industry because […]

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Merit Systems raises $10M to create a new economic model called ‘open-source capitalism’ https://siliconangle.com/2025/01/16/merit-systems-raises-10m-create-new-economic-model-called-open-source-capitalism/ https://siliconangle.com/2025/01/16/merit-systems-raises-10m-create-new-economic-model-called-open-source-capitalism/#respond Fri, 17 Jan 2025 01:42:53 +0000 https://siliconangle.com/?p=684183
A pioneering startup called Merit Systems Inc. is getting a lot of attention today after raising $10 million to create a new economic model for software developers that it calls “open-source capitalism.” Today’s round was led by heavyweight investors like a16z Crypto and Blockchain Capital and also saw the participation of a number of unnamed […]

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Social trading and investment marketplace eToro reportedly files paperwork for $5B IPO https://siliconangle.com/2025/01/16/social-trading-investment-marketplace-etoro-reportedly-files-paperwork-5b-ipo/ https://siliconangle.com/2025/01/16/social-trading-investment-marketplace-etoro-reportedly-files-paperwork-5b-ipo/#respond Fri, 17 Jan 2025 00:07:13 +0000 https://siliconangle.com/?p=684148
Social trading and investment marketplace company eToro Group Ltd. has reportedly filed a confidential application with U.S. regulators ahead of a potential initial public offering later this year. First reported today by the Financial Times, the IPO could value the business at more than $5 billion. The confidential nature of the filing — typical in the […]

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Moonpay acquires Helio to enhance cryptocurrency commerce and trading infrastructure https://siliconangle.com/2025/01/13/moonpay-acquires-helio-enhance-cryptocurrency-commerce-trading-infrastructure/ https://siliconangle.com/2025/01/13/moonpay-acquires-helio-enhance-cryptocurrency-commerce-trading-infrastructure/#respond Mon, 13 Jan 2025 23:10:33 +0000 https://siliconangle.com/?p=683703
Cryptocurrency infrastructure service provider MoonPay USA LLC announced today that it has acquired cryptocurrency payment platform startup Helio Fintech Ltd. to expand decentralized finance, creator commerce and trading infrastructure. Though the acquisition price was not formally disclosed, Fox Business reported that the deal was closed for a healthy $175 million. Founded in 2022, Helio offers a […]

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Crypto analysis firm Chainalysis acquires AI-powered fraud detection startup Alterya for $150M https://siliconangle.com/2025/01/13/crypto-analysis-firm-chainalysis-acquires-ai-powered-fraud-detection-startup-alterya-150m/ https://siliconangle.com/2025/01/13/crypto-analysis-firm-chainalysis-acquires-ai-powered-fraud-detection-startup-alterya-150m/#respond Mon, 13 Jan 2025 19:40:10 +0000 https://siliconangle.com/?p=683670 multiple cryptocurrency coins with a trading desk and money and displays showing a day trader making money off the markets.
Blockchain analysis giant Chainalysis Inc. said today that it has acquired the Israeli startup Alterya Inc., which develops an artificial intelligence detection solution to beat financial scammers and fraudsters. Although the two companies did not disclose the details of the acquisition, sources familiar with the deal told Business Insider the total was about $150 million. Chainalysis […]

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Story, Stability AI collaborate to help creators make money from their work in the AI ecosystem https://siliconangle.com/2025/01/08/story-stability-ai-collaborate-help-creators-make-money-work-ai-ecosystem/ https://siliconangle.com/2025/01/08/story-stability-ai-collaborate-help-creators-make-money-work-ai-ecosystem/#respond Wed, 08 Jan 2025 19:00:16 +0000 https://siliconangle.com/?p=683294 Story Protocol
Story, a blockchain network that tracks intellectual property ownership, today announced a collaboration with artificial intelligence model developer Stability AI Ltd. that will allow contributors – creators, developers and artists – to address the challenge of attributing, tracking and making money from creative work generated through AI. Originally named Story Protocol, Story has raised over […]

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Movement Labs layer 2 Ethereum blockchain reportedly seeks $100M raise at $3B valuation https://siliconangle.com/2025/01/08/movement-labs-layer-2-ethereum-blockchain-reportedly-seeks-100m-raise-3b-valuation/ https://siliconangle.com/2025/01/08/movement-labs-layer-2-ethereum-blockchain-reportedly-seeks-100m-raise-3b-valuation/#respond Wed, 08 Jan 2025 17:25:04 +0000 https://siliconangle.com/?p=683279
Movement Labs, the developer of a layer 2 blockchain for Ethereum based on Facebook’s Move language virtual machine, is reportedly raising $100 million in a Series B round that will value the company at about $3 billion. Citing multiple sources, Fortune and Reuters reported today that the round would be co-led by CoinFund and Nova […]

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Gemini crypto exchange agrees to pay $5M settlement to CFTC https://siliconangle.com/2025/01/07/gemini-crypto-exchange-agrees-pay-5m-settlement-cftc/ https://siliconangle.com/2025/01/07/gemini-crypto-exchange-agrees-pay-5m-settlement-cftc/#respond Tue, 07 Jan 2025 19:00:50 +0000 https://siliconangle.com/?p=683143 a bitcoin
The Gemini Trust Co. LLC, the New York-based cryptocurrency exchange founded by the Winklevoss twins in 2014, has agreed to pay a $5 million civil penalty to settle a lawsuit filed by the U.S. Commodity Futures Trading Commission over allegedly misleading statements it made about how easily the price of bitcoin futures could be manipulated. […]

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Morgan Stanley’s E*TRADE reportedly considering cryptocurrency trading amid regulatory shift https://siliconangle.com/2025/01/02/morgan-stanleys-etrade-reportedly-considering-cryptocurrency-trading-amid-regulatory-shift/ https://siliconangle.com/2025/01/02/morgan-stanleys-etrade-reportedly-considering-cryptocurrency-trading-amid-regulatory-shift/#respond Thu, 02 Jan 2025 23:19:20 +0000 https://siliconangle.com/?p=682821
Multinational investment bank and financial services company Morgan Stanley is reportedly considering plans to launch cryptocurrency trading services through its E*TRADE arm amid an expected more favorable regulatory environment under the incoming second Trump administration. The news was first reported by The Information, which claims that the plans are still in the exploratory phase. Morgan […]

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ChainOpera AI raises $17M to build blockchain network for AI agents and apps https://siliconangle.com/2024/12/26/chainopera-ai-raises-17m-build-blockchain-network-ai-agents-apps/ https://siliconangle.com/2024/12/26/chainopera-ai-raises-17m-build-blockchain-network-ai-agents-apps/#respond Thu, 26 Dec 2024 19:05:12 +0000 https://siliconangle.com/?p=682379
ChainOpera Inc., a blockchain company building a decentralized network and artificial intelligence operating system to accelerate AI development, said Wednesday it has raised $17 million in seed funding led by Finality Capital, Road Capital and IDG Capital. Notable investors also participating in the round including Camford VC, ABCDE Capital, Amber Group, Modular Capital, Sparkle Ventures, […]

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Russia’s finance minister reveals bitcoin is being used to conduct foreign trade https://siliconangle.com/2024/12/25/russias-finance-minister-reveals-bitcoin-used-conduct-foreign-trade/ https://siliconangle.com/2024/12/25/russias-finance-minister-reveals-bitcoin-used-conduct-foreign-trade/#respond Wed, 25 Dec 2024 23:35:28 +0000 https://siliconangle.com/?p=682346
Russia’s finance minister has revealed domestic companies are already using bitcoin and other digital currencies as a mechanism for international payments. The admission comes after the country issued legislative changes allowing the use of crypto to get around sanctions, Reuters reported today. The sanctions, imposed on Russia as a result of its invasion of Ukraine, […]

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Crypto advocates push Trump to take action on day one https://siliconangle.com/2024/12/23/crypto-advocates-push-trump-take-action-day-one/ https://siliconangle.com/2024/12/23/crypto-advocates-push-trump-take-action-day-one/#respond Tue, 24 Dec 2024 01:44:01 +0000 https://siliconangle.com/?p=682238
Prominent figures in the cryptocurrency industry are putting pressure on U.S. President-elect Donald Trump to take immediate steps to fulfill his campaign promises once he returns to the White House in January. Trump is reportedly planning to deliver a flurry of executive orders on his first day in office, Reuters said. He’ll take over from […]

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Avalon Labs raises $10M to grow its bitcoin-based stablecoin https://siliconangle.com/2024/12/23/avalon-labs-raises-10m-grow-bitcoin-based-stablecoin/ https://siliconangle.com/2024/12/23/avalon-labs-raises-10m-grow-bitcoin-based-stablecoin/#respond Mon, 23 Dec 2024 17:50:00 +0000 https://siliconangle.com/?p=682156
Avalon Labs, the developer of a stablecoin built atop the bitcoin blockchain, announced today it has raised $10 million in a new early-stage funding round to grow its decentralized finance capabilities and cryptocurrency. The Series A round was led by Framework Ventures with participation from UTXO Management, Presto Labs and Kenetic Capital among others. The bitcoin […]

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Decentralized Storage Alliance welcomes six new members to advance data solutions https://siliconangle.com/2024/12/19/decentralized-storage-alliance-welcomes-six-new-members-advance-data-solutions/ https://siliconangle.com/2024/12/19/decentralized-storage-alliance-welcomes-six-new-members-advance-data-solutions/#respond Thu, 19 Dec 2024 14:00:31 +0000 https://siliconangle.com/?p=681835
The Decentralized Storage Alliance today welcomed six new members as the organization continues its mission to transform enterprise data storage with decentralized solutions. Founded in 2022, the DSA is a professional organization dedicated to advancing decentralized storage solutions for enterprises. The alliance fosters innovation in secure, scalable and cost-effective data storage with the goal of […]

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Morpheus launches blockchain-based decentralized AI compute project https://siliconangle.com/2024/11/19/morpheus-launches-blockchain-based-decentralized-ai-compute-project/ https://siliconangle.com/2024/11/19/morpheus-launches-blockchain-based-decentralized-ai-compute-project/#respond Tue, 19 Nov 2024 18:35:14 +0000 https://siliconangle.com/?p=678358
Morpheus, a blockchain project developing a decentralized artificial intelligence compute network, announced Monday on X  that it has launched its platform for empowering AI smart agents. The project’s network is designed as an open-source peer-to-peer platform for general-purpose “personal” generative AI run using blockchain technology. The company said that it intends to use the decentralized nature […]

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Polymarket CEO targeted in FBI raid over alleged violations of US trading restrictions https://siliconangle.com/2024/11/13/polymarket-ceo-targeted-fbi-raid-alleged-violations-us-trading-restrictions/ https://siliconangle.com/2024/11/13/polymarket-ceo-targeted-fbi-raid-alleged-violations-us-trading-restrictions/#respond Wed, 13 Nov 2024 23:58:29 +0000 https://siliconangle.com/?p=677618
The U.S. Federal Bureau of Investigation conducted an early-morning raid on the residence of Polymarket Labs Inc. Chief Executive Office Shayne Coplan today, seizing his phone and electronic devices as part of an investigation into claims that the betting platform accepted trades from users based in the U.S. Founded in 2020, Polymarket operates as a decentralized […]

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0G Labs raises $40M to advance development of decentralized AI Operating System https://siliconangle.com/2024/11/13/0g-labs-raises-40m-advance-development-decentralized-ai-operating-system/ https://siliconangle.com/2024/11/13/0g-labs-raises-40m-advance-development-decentralized-ai-operating-system/#respond Wed, 13 Nov 2024 23:25:59 +0000 https://siliconangle.com/?p=677604
Web 3 and blockchain company Zero Gravity Labs Inc., also known as 0G Labs, revealed today that it has raised $40 million in additional seed funding to accelerate the development of its decentralized AI Operating System and also received a $250 million liquid line token purchase commitment. Founded in 2023, 0G Labs is developing a […]

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Ethereum’s ENS Lab name service set to launch overhauled ‘Namechain’ blockchain identity network https://siliconangle.com/2024/11/11/ethereums-ens-lab-name-service-set-launch-overhauled-namechain-blockchain-identity-network/ https://siliconangle.com/2024/11/11/ethereums-ens-lab-name-service-set-launch-overhauled-namechain-blockchain-identity-network/#respond Mon, 11 Nov 2024 19:30:04 +0000 https://siliconangle.com/?p=677254
Ethereum Name Service parent company ENS Labs Ltd. today announced plans to launch its own layer 2 scaling network for its blockchain-based name service. The new network is called Namechain, and ENS Labs said it intends to launch the it around the end of the year. According to the company, the blockchain network will use […]

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Block shares slip after-hours amid mixed earnings results https://siliconangle.com/2024/11/07/block-shares-slip-hours-amid-mixed-third-quarter-performance/ https://siliconangle.com/2024/11/07/block-shares-slip-hours-amid-mixed-third-quarter-performance/#respond Thu, 07 Nov 2024 23:50:42 +0000 https://siliconangle.com/?p=677027
Shares in Block Inc. declined slightly in after-hours trading today after the financial services company fell short on revenue in its fiscal third-quarter but reported slightly better-than-expected earnings. For the quarter ended Sept. 30, Block reported adjusted earnings per share of 88 cents, up from 50 cents per share in the same quarter of last […]

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Blockchain firm Axal nabs $2.5M to build verifiable autonomous agent network https://siliconangle.com/2024/10/31/blockchain-firm-axal-nabs-2-5m-build-verifiable-autonomous-agent-network/ https://siliconangle.com/2024/10/31/blockchain-firm-axal-nabs-2-5m-build-verifiable-autonomous-agent-network/#respond Thu, 31 Oct 2024 19:05:57 +0000 https://siliconangle.com/?p=676291 Pawoo acquired by Mask Network: Hand Touching Virtual World With Connection Network Global Data Information
Axal, a blockchain company developing a network of autonomous agents, announced today it has raised $2.5 million in pre-seed funding led by CMT Digital. The funding round also saw participation from a16z Crypto Startup School, Escape Velocity, IDG Vietnam, Artichoke Capital, Trident Digital, Blockchain Builders Fund, Blockhunters Group, Echo and the Mentat Group. Axal is […]

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Coinbase and Robinhood miss earnings estimates and shares drop https://siliconangle.com/2024/10/30/coinbase-robinhood-miss-q3-estimates-shares-drop-hours-trading/ https://siliconangle.com/2024/10/30/coinbase-robinhood-miss-q3-estimates-shares-drop-hours-trading/#respond Wed, 30 Oct 2024 23:22:08 +0000 https://siliconangle.com/?p=676213
Shares in Coinbase Global Inc. and Robinhood Markets Inc. both fell in after-hours trading today after they each fell short of expectations in their most recent quarter. For its third quarter, which ended on Sept. 30, Coinbase reported adjusted earnings per share of 28 cents, up from a loss of one cent per share in […]

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Data privacy-focused Nillion network raises $25M to expand decentralized solutions https://siliconangle.com/2024/10/30/data-privacy-focused-nillion-network-raises-25m-expand-decentralized-solutions/ https://siliconangle.com/2024/10/30/data-privacy-focused-nillion-network-raises-25m-expand-decentralized-solutions/#respond Wed, 30 Oct 2024 16:10:01 +0000 https://siliconangle.com/?p=676121
Nillion today announced it has raised $25 million in a new funding round for its trust-sensitive computation network, which focuses on decentralized networking with an optional blockchain component. The round was led by Hack VC, with additional support from Distributed Global and Hashkey. Angel investors and strategic contributors from projects including Arbitrum, Worldcoin and Sei […]

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