Singapore, Singapore, June 12th, 2025, Chainwire Defx, a new Layer 1 built for trading, has announced a $2.5 million seed round to …
raises
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In brief President Trump signed executive orders easing commercial drone regulations, prompting concerns from security experts about potential misuse. Experts warn that …
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Markets
Bitcoin-Based Stablecoin Network Plasma Raises Deposit Cap to $1B, Gets Filled in 30 Minutes
by shayaanby shayaanStablecoin-focused blockchain Plasma raised its deposit cap to $1 billion early Thursday — and hit that limit within 30 minutes. The new …
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Analysis
Plasma raises $500 million, partners with Aave to transform stablecoin market
by shayaanby shayaanPlasma, a blockchain platform focused on stablecoin infrastructure, is making waves across the crypto space for raising $500 million through its XPL …
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Markets
Coinbase Alum-Founded Turnkey Raises $30M Series B to Grow Engineering Team: Report
by shayaanby shayaanCrypto wallet infrastructure company Turnkey has raised $30 million in Series B funding led by Bain Capital Crypto, Fortune reported on Monday. …
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DeFi
IOST Raises $21M to Expand the Rollout of its Tokenized Asset Infrastructure
by shayaanby shayaanModular blockchain platform IOST has raised $21 million in a strategic funding round to expand the rollout of its real-world asset (RWA) …
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Finance
Rails Raises $14M From Backers Including Kraken to Launch Crypto Exchange
by shayaanby shayaanCrypto exchange Rails has raised $14 million in a token sale to launch its trading platform combining self-custody and high-speed execution, the …
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Scams
Stablecoin Giant Circle Raises $1.1B in IPO, Valued at $6.9B Ahead of NYSE Debut
by shayaanby shayaanIn brief Circle and its shareholders sold 34 million shares, raising $1.1 billion in an upsized offering. The deal values the firm …
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Smart Contracts
SEC Raises Legal Questions Over Proposed Ethereum, Solana ETFs
by shayaanby shayaanIn short The SEC has expressed concern about whether the Rex-Superprey ETH and SOL ETFs qualify under the 1940 Investment Company Act. …
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Telegram is set to raise $1.5 billion in a bond sale today, despite ongoing legal issues involving its CEO, Pavel Durov, in …