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Latest news from the Web3 ecosystem

a16z Crypto Aims for Fifth Fund, Targeting Mid-2026 Close

a16z Crypto Aims for Fifth Fund, Targeting Mid-2026 Close

Venture capital firm a16z Crypto is reportedly preparing to launch its fifth dedicated cryptocurrency fund, with sources indicating a target closing date of mid-2026. This move comes as the firm continues its investment strategy amid evolving market conditions.

1 min read
Sky Gateway Token Surges 10% Following Governance Update

Sky Gateway Token Surges 10% Following Governance Update

Sky Gateway's native token saw a significant 10% price increase after a recent governance vote adjusted staking emissions and enhanced credit infrastructure for its USDS stablecoin.

2 min read
Tether Invests $50M in AI Sleep Tech Firm Eight Sleep

Tether Invests $50M in AI Sleep Tech Firm Eight Sleep

Tether has spearheaded a $50 million investment in Eight Sleep, a company specializing in AI-powered sleep technology. The partnership aims to integrate advanced health tracking into Tether's ecosystem.

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Bitwise Distributes Over $380K to Bitcoin Open-Source Development

Bitwise Distributes Over $380K to Bitcoin Open-Source Development

Bitwise has significantly boosted Bitcoin's open-source ecosystem by donating more than $380,000. The allocation of these funds is being strategically managed by key organizations.

1 min read
Europol and FBI Dismantle Major Cybercrime Forum LeakBase

Europol and FBI Dismantle Major Cybercrime Forum LeakBase

Law enforcement agencies Europol and the FBI have successfully taken down LeakBase, a significant online platform used for cybercrime activities, removing it from the web. The forum was known for distributing stolen data.

2 min read
Tycoon 2FA Phishing Service Dismantled in Global Operation

Tycoon 2FA Phishing Service Dismantled in Global Operation

A coordinated effort by Coinbase, Microsoft, and Europol has successfully shut down the notorious 'Tycoon 2FA' phishing operation, a significant threat to digital security.

2 min read
Zero Hash Pursues Bank Charter Amidst Growing Crypto Industry Interest

Zero Hash Pursues Bank Charter Amidst Growing Crypto Industry Interest

Digital asset infrastructure provider Zero Hash is the latest firm to seek a national bank charter, joining a growing number of crypto-native companies pursuing this regulatory pathway.

1 min read
Tech Giants Commit to Funding AI Energy Demands, Trump Secures Pledge

Tech Giants Commit to Funding AI Energy Demands, Trump Secures Pledge

Major technology companies have agreed to cover the substantial energy costs associated with their artificial intelligence data centers. President Donald Trump announced the initiative, highlighting the need for "PR help" for these AI operations.

1 min read
X Money Beta Launches, Hinting at Integrated Financial Services on Social Platform

X Money Beta Launches, Hinting at Integrated Financial Services on Social Platform

Initial glimpses of Elon Musk's X Money have surfaced, featuring insights from actor William Shatner, as the limited beta phase commences. The platform appears poised to integrate financial functionalities directly into the social media experience.

2 min read
World Liberty Co-Founder Criticizes Banks Over Stablecoin Yield Standoff

World Liberty Co-Founder Criticizes Banks Over Stablecoin Yield Standoff

Eric Trump, co-founder of World Liberty Financial, has publicly criticized traditional financial institutions regarding their stance on stablecoin yields, igniting further debate in the ongoing stablecoin discussions.

2 min read
Crypto Advocates Rebuff Ray Dalio's Bitcoin Criticisms

Crypto Advocates Rebuff Ray Dalio's Bitcoin Criticisms

Prominent figures in the cryptocurrency space are challenging the long-standing concerns raised by hedge fund titan Ray Dalio regarding Bitcoin's viability and fundamental characteristics.

2 min read
Western Union Taps Crossmint for Solana-Based Stablecoin Transfers

Western Union Taps Crossmint for Solana-Based Stablecoin Transfers

Western Union is collaborating with Crossmint to integrate stablecoin payments on the Solana blockchain, aiming to enhance global remittance services.

1 min read