Crypto venture capital firm Dragonfly Capital has closed its fourth fund at $650 million. The fund comes as the broader cryptocurrency market faces a severe downturn, with token prices declining and investor enthusiasm weakened. $650 Million Fund Dragonfly’s previous fund, its third, deployed $500 million into startups such as Polymarket, Rain, and Ethena. The new […]
Cryptocurrency payments to suppliers of fentanyl precursor chemicals began falling in mid-2023, months before overdose deaths declined. This pattern suggests that blockchain data may provide an early signal of disruptions in the illicit drug supply, according to a new report from Chainalysis. Early Disruption in Fentanyl Supply The blockchain data company observed a measurable drop […]
The team behind the controversial project posted a celebratory message a few days ago, marking the first anniversary of the Open Network’s launch. However, many users questioned the project’s actual use case once again and lashed out at the lack of migration progress. Open Network Celebrates 1st Birthday In its blog post, the team began […]
Ethereum co-founder Vitalik Buterin holds more than 240,000 ETH, currently valued at approximately $467 million, according to blockchain intelligence platform Arkham’s investigation into his on-chain holdings. The analysis established Buterin as the largest accessible individual holder of Ethereum, though institutional players and exchange wallets dominate the top rankings of ETH ownership. Buterin’s Portfolio Composition and […]
The price of Solana’s native SOL token is near $84, after a steep, multi-month slide that erased nearly 67% from its September 2025 all-time high, with new on-chain data and community debates pointing to a network under strain. The mixed signals matter because they show a split between falling market sentiment and activity metrics that […]
Several Trump-related meme coins experienced a significant resurgence on Friday, following an intriguing announcement made by the President of the United States. However, the asset lost almost all gains in the following hours, perhaps driven by a blow against Trump from the US Supreme Court. The Trump Effect or Just a Coincidence? Official Trump (TRUMP) […]
Pi Network’s Core Team took it to X at the end of the business week to announce the latest blockchain update that was successfully migrated. The protocol v19.6 has been implemented, leaving version 19.9, which is next in line, the only one left before the highly-anticipated v20. The announcement also urged nodes to ensure they […]
The European banking giant Société Générale has launched its euro stablecoin, EUR CoinVertible (EURCV), on the XRP Ledger (XRPL) as part of a multi-chain expansion strategy. According to an official announcement from SG-Forge, a subsidiary of the Société Générale Group specializing in digital assets, the move aims to increase adoption of the EURCV by leveraging […]
Former Binance CEO Changpeng Zhao (CZ) returned to the United States this week for the first time since his release from a California federal prison in 2024. The visit took place at Mar-a-Lago in Palm Beach, Florida, where Zhao attended a 500-person convention hosted by the Trump family-backed World Liberty Financial. CZ Makes Appearance at […]
Bitcoin has been trading around the mid-$60,000s after losing significant ground from its late-2025 highs. It has failed to reclaim the psychologically crucial $70,000 threshold despite several attempts. On-chain activity of the world’s largest cryptocurrency and blockchain is showing signs of stagnation, according to data shared by Alphractal. Bearish Divergence Builds The firm reported that […]