Artificial intelligence startup Perplexity announced a series of milestones and updates on Jan. 4. Highlighting the news is the company’s Series B successful completion, which raised $73.6 million. The fundraise was led by IVP, whose investment portfolio includes numerous crypto and fintech companies such as Coinbase and Robinhood. It was joined by Series A investors…

Speculation that the SEC is set to approve a spot Bitcoin exchange-traded fund (ETF) on Friday has reached a fever pitch on social media. A tweet from Grayscale’s legal chief that he was “just filling out some forms,” in addition to a widely shared tweet from a reporter has fueled speculation that approval could come through…

The governance token of the Ethereum Name Service (ENS) surged as high as 72% on Jan. 3 after the domain platform received praise from Ethereum co-founder Vitalik Buterin. In a Jan. 3 post to X (formerly Twitter), Buterin lauded the Ethereum Name Service as “super important” and reiterated that the platform should remain accessible and…

The crypto fundraising space keeps showing consistent and gradual recovery, with millions injected into startups’ rounds of all sizes in December. Among the month’s highlights, venture capital firm Foresight Ventures disclosed a third $10 million accelerator dedicated to companies exploring artificial intelligence, Bitcoin Ordinals and direct-to-consumer protocols, while Hong Kong-based GBA Capital also pledged $10 billion to establish a…

Amid the mix of anticipation and skepticism about the potential approval of the first spot Bitcoin exchange-traded fund (ETF) in the United States, prominent Bitcoin critic and gold proponent Peter Schiff has warned BTC enthusiasts to be careful what they wish for. In a tweet on X (formerly Twitter), Schiff said spot Bitcoin ETFs could have…

Cross-chain lending protocol Radiant Capital has paused its lending and borrowing markets on Arbitrum after receiving reports of a $4.5 million exploit affecting one of its newly created USDC Coin (USDC) markets. “Today, we received a report of an issue with the newly created native USDC market on Arbitrum,” said Radiant in a Jan. 3…

While the chances are slim, a spot Bitcoin exchange-traded fund (ETF) being rejected this month will most likely be due to the Securities and Exchange Commission wanting “more time” rather than a flat-out rejection, says Bloomberg ETF analyst Eric Balchunas. Speaking to Cointelegraph, Balchunas says while he and fellow ETF analyst James Seyffart continue to…

On Dec. 30, 2023, Ethereum co-founder Vitalik Buterin shared the Ethereum roadmap for 2024, pointing out that there are only a handful of minor adjustments compared to last year. In a thread on the X social network, Buterin detailed in a series of charts and diagrams revealing that the continued focus for Ethereum in 2024…

Cross-chain bridge Orbit Chain has confirmed that it suffered an unauthorized breach of access to its ecosystem on Dec. 31 at 8:52 pm UTC. Orbit Chain posted on X (formerly Twitter), saying it is currently conducting a “comprehensive analysis” of the cause of the breach alongside cybersecurity startup Theori. 🚨Urgent🚨 Dear Orbit Bridge Users, An unidentified access to Orbit…

The price of Bitcoin has broken through $45,000 for the first time in nearly two years as the market prepares for a widely expected approval of a spot Bitcoin exchange-traded fund (ETF). Bitcoin climbed rapidly from a price of $42,000 on Jan. 1, surging more than 6% in the last 24 hours and 170% over the…