The AI metaverse company raised $54 million in a Series A round in July. Shara Senderoff and Aaron McDonald, co-founders of artificial intelligence and metaverse company Futureverse, have launched a new $50 million venture fund and studio. According to an Aug. 3 announcement, the fund is dubbed “Born Ready” and will invest in emerging technology ventures possessing…
Coinbase’s Base network began onboarding end users through a bridge UI, and the team announced Aug. 9 as the platform’s official launch date. Coinbase’s Base network has released a user interface (UI) for its official bridge, allowing end users to onboard for the first time without relying on developer tools, according to an Aug. 3…
Transactions on Optimism recently eclipsed the Arbitrum network, but do the project’s fundamentals support a sustainable growth trajectory? Optimism is a layer-2 scaling solution that operates as a separate blockchain built on top of Ethereum. Despite having a smaller total value locked (TVL) than its rivals, Optimism may still have the potential to thrive in the increasingly competitive…
U.S. senators including Elizabeth Warren and Bernie Sanders claimed crypto tax evaders are siphoning off billions from the government. A number of United States’ lawmakers have urged the Internal Revenue Service (IRS) and the Treasury to speed up the closure of tax loopholes being exploited by “crypto tax evaders.” In an Aug. 1 letter, Democratic Senators…
Robinhood achieved profitability for the first time since becoming a public company in the second quarter of 2023. Its crypto revenue, however, continues to decline. Robinhood released its second-quarter results, achieving profitability for the first time since becoming a public company, despite a drop in revenue in the second quarter of 2023. According to its quarterly report…
The scheme consists of mirroring addresses and sending dust transactions to users to trick them into sending funds to the scammer’s wallet. Binance CEO Changpeng “CZ” Zhao warned his followers on X — formerly Twitter — about a tricky and increasingly popular scam targeting the crypto community in which fake wallet addresses are used to defraud users…
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