Crypto payments network Mesh has raised $75 million in a Series C round, bringing total funding to over $200 million and valuing the company at $1 billion. The round was led by Dragonfly Capital, with participation from Paradigm, Moderne Ventures, Coinbase Ventures, SBI Investment, and Liberty City Ventures. https://t.co/JaTxu3DIAf ...

Tether has launched USA₮, a federally regulated, dollar-backed stablecoin designed for the U.S. market under the GENIUS Act framework. Issued by Anchorage Digital Bank, with Cantor Fitzgerald as reserve custodian, USA₮ will be available on Bybit, Cryptocom, Kraken, OKX, and MoonPay. https://t.co/BLgKAYjyJd ...

Interview with Vitalik and Suji: Why are decentralized social products failing? Where are the opportunities for future breakthroughs?Vitalik analyzed why most decentralized social products have struggled to succeed, pointing to hard-to-break network effects, misaligned incentive structures, and excessive financialization. He emphasized that social products should be redesigned by starting from the problems of social interaction itself, rather than simply layering crypto-financial mechanisms on top. Drawing ...

Ray Dalio's article states that the US is in the late stage of the big cycle, facing simultaneous pressures on fiscal debt, politics, society, and international order. Unsustainable debt may lead to money printing or inflation, weakening currency credit. Severe political polarization, collapsing rule consensus, and intensifying wealth gaps/conflicts. Later stages may involve capital controls, reserve freezes, and cross-border restrictions, turning funds into political tools. Traditional bonds lose appeal; g ...

Open-source AI assistant ClawdBot (now Moltbot) founder Peter Steinberger posted on X stating that he has never issued any tokens, and any projects listing him as a "token project party/holder" are scams, urging crypto practitioners to stop harassment. He also mentioned that due to trademark issues, an operational error during account renaming led to his GitHub and X (Twitter) accounts being squatted by crypto scammers; he is currently seeking GitHub official assistance to recover the accounts and reiterate ...

RTHK reported that Bank of Korea Governor Rhee Chang-yong, speaking at the Asian Financial Forum in Hong Kong, noted South Korea has allowed residents to invest in overseas-issued virtual assets amid market pressure, while regulators are considering a new registration regime that would allow domestic institutions to issue virtual assets. He also warned a KRW-denominated stablecoin could be used to circumvent capital-flow management, and that exchange-rate swings could drive rapid shifts into USD stablecoins ...

Base co-founder @jessepollak wrote on X that the Base core team will not “pump” assets behind the scenes or manipulate markets by privately coordinating capital deployments to push prices toward specific outcomes. He said such behavior would unfairly harm other assets, be unsustainable and non-repeatable, violate free and open market principles, and could be illegal. Pollak added that the team will focus on distributing and promoting high-quality assets and apps to attract more capital and attention and inc ...

According to SoSoValue, on Jan. 26 (ET), U.S. spot Bitcoin ETFs recorded total net inflows of $6.84 million, snapping a five-day streak of net outflows. Spot Ethereum ETFs posted total net inflows of $117 million, turning positive after four consecutive days of outflows. Solana spot ETFs saw total net inflows of $2.46 million, and XRP spot ETFs recorded total net inflows of $7.76 million. https://t.co/LRUeJvGjtU ...

Coinbase CEO on Bank Protectionism and the Stablecoin Regulation DebateOn January 20, 2025, Brian Armstrong, CEO of Coinbase, said in an interview with CNBC Television that stablecoin yields should not be subject to protectionist restrictions, and that banks should respond to market choices through fair competition. Addressing banks' concerns that stablecoins could drive capital outflows and weaken the credit system.Source: https://t.co/9iqCH7ZrPZ ...

BSC prediction markets have surpassed $10 billion in cumulative volume (with national volume exceeding $20 billion). Recent daily volumes have stabilized between $200–300 million, per @defioasis's dashboard. Opinion enjoys first-mover advantage and has long held over 50% market share on BSC, driven by its points incentives. Probable added a zero-fee strategy on top of points rewards, briefly overtaking Opinion in share, though it has faced accusations of wash trading. https://t.co/8yhIk0V0lT ...