The Defiant
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DeFi and decentralized finance news and analysis
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Deals•Feb 20, 2026
Kraken Acquires Magna for Early Token Support
U.S.-based exchange Kraken announced the acquisition of token‑management platform Magna, with the deal closing on Friday. Terms were undisclosed, but Kraken co‑CEO Arjun Sethi said the purchase will enable early support for token issuers as the exchange readies for a potential IPO.
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Deals•Feb 18, 2026
Hyper Foundation Invests $1M HYPE in New DC DeFi Policy Center
Hyper Foundation announced a $1M HYPE grant to launch a new Washington, DC‑based policy center aimed at clarifying DeFi regulations. The Hyperliquid Policy Center will lobby policymakers to shape clearer rules for the decentralized finance ecosystem, underscoring the foundation’s commitment...
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Deals•Feb 16, 2026
Flying Tulip Announces Public Token Sale for Feb 16
DeFi protocol Flying Tulip, founded by Yearn Finance’s Andre Cronje, is set to launch its public token sale on Feb 16, with the token trading on Feb 23. The sale follows prior fundraising rounds that raised over $290 million, and prediction markets value...
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Deals•Feb 5, 2026
Tether Makes $100M Strategic Equity Investment in Anchorage Digital
Tether announced a $100 million strategic equity investment in Anchorage Digital on Feb 5, 2026, aiming to bolster secure, regulated crypto‑banking infrastructure. The deal underscores a partnership between the leading stablecoin issuer and the first federally chartered crypto bank in the U.S.
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News•Jan 6, 2026
Ethereum’s “HTTP Moment” With Marissa Posner & Yoav Weiss
In a Devconnect interview, Ethereum Foundation product lead Marissa Posner and security researcher Yoav Weiss unpack the Trustless Manifesto and introduce the Ethereum Interop Layer (EIL). They argue that hidden trust assumptions—especially in bridges, oracles and RPC providers—threaten Ethereum’s core...
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News•Jan 5, 2026
Render Soars 30% as AI-Focused Tokens Rally
Render (RENDER) surged roughly 15% after an intraday peak of 34%, making it the top performer among AI‑focused tokens and the broader CoinGecko Top 100. The AI token sector’s market cap rose 6.3% to about $29.5 billion, with trading volume hitting $207.6 million...
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News•Jan 2, 2026
Crypto Markets Move Higher After Holidays, Memecoins Outperform
Crypto markets rallied on Jan. 2 as risk appetite returned after two flat holiday weeks. Bitcoin rose about 2.2% to roughly $89,900, while Ethereum jumped 4.4% to $3,120. Memecoins led the gains, with PEPE up 30% and DOGE up 11%, pushing...
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News•Dec 24, 2025
Prediction Markets Expand From DeFi Niche to Global News Sources
Polymarket, launched in 2020, exploded in 2025, processing roughly $500 million a day and becoming a go‑to source for odds cited by major news outlets. The platform’s volume surged from under $1 million per day in 2023 to a five‑day spike in...
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News•Dec 24, 2025
PUMP Plummets as Legal Dispute Escalates
Pumpfun’s PUMP token has plunged more than 50% below its ICO price, now trading at a $1.7 billion fully‑diluted valuation and $1 billion market cap. Despite allocating 100% of daily revenue—about $1 million—to token buybacks, the coin fell an additional 12% after Burwick...
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News•Dec 23, 2025
Token Launches With Low FDVs Vastly Outperformed Hyped Debuts in 2025: Memento Research
Memento Research tracked 118 token launches in 2025 and found that over 84 % are now trading below their token generation event valuations, with a median loss exceeding 70 %. Projects that launched with modest fully‑diluted valuations (FDVs) between $25 million and $200 million...
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News•Dec 23, 2025
Polymarket Volumes Surge on Layer 2 Speculation
Polymarket recorded its three highest‑volume days since the November 2024 U.S. presidential election, trading $91.7 million on Dec 19, $92.7 million on Dec 20, and $85.6 million on Dec 21. The surge follows a widely circulated screenshot in which a Polymarket developer said a Layer 2 network is...
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News•Dec 22, 2025
Uniswap Is About to “Turn on the Switch.” With Hayden Adams
Uniswap founder Hayden Adams discussed the UNIfication proposal, now in its final governance vote, which would turn on protocol fees and introduce a programmatic UNI burn. The plan also outlines a shift toward protocol‑first infrastructure, including APIs, aggregator hooks, and...
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News•Dec 22, 2025
Magma Devs Launches RPC Smart Router on Google Cloud
Magma Devs unveiled its RPC Smart Router on the Google Cloud Marketplace, offering enterprises a multi‑provider routing layer for blockchain RPC calls. The open‑source router automatically selects the fastest, most stable endpoint across networks like Ethereum, Solana, and Polygon, reducing...
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News•Dec 22, 2025
Coinbase CEO Debates Base App’s Strategic Focus
Coinbase CEO Brian Armstrong addressed growing community concerns about the Base app’s direction, noting that the platform now intertwines cryptocurrency transactions with social networking features. He emphasized that user feedback is shaping the product roadmap, but internal debates persist over...
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News•Dec 22, 2025
Curve DAO Rejects $6.2 Million Swiss Stake Funding Proposal
The Curve DAO voted down a proposal to allocate 17.4 million CRV tokens (about $6.2 million) to Swiss Stake AG, the firm that handles core development for the DEX. The vote split 54.46% against versus 45.54% in favor, with major DeFi players Yearn...
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News•Dec 22, 2025
Tokenized Equity Sector Surges 2500% in 2025
Tokenized equities have exploded in 2025, with market capitalization surging from $32 million to $831 million—a 2,496% increase. The boom is driven by relaxed U.S. regulations, prompting both traditional brokers and crypto exchanges to launch tokenized stock products. Robinhood now offers nearly...
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News•Dec 18, 2025
Synthetix Unveils Perpetual DEX on Ethereum Mainnet
Synthetix is launching a perpetual derivatives DEX on Ethereum mainnet that uses a hybrid on‑chain/off‑chain central limit order book to sidestep latency and high gas fees. The platform debuts Bitcoin, Ethereum and Solana perpetual contracts with up to 50× leverage,...
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News•Dec 18, 2025
Lido Outlines $60M Plan to Expand Beyond Liquid Staking
Lido DAO has unveiled a $60 million budget to broaden its product suite beyond liquid ETH staking, targeting stablecoin yield offerings for institutional users. The proposal, named “2026 Ecosystem Grant gRequest (EGG): Executing GOOSE‑3,” seeks to create new earn products and...
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News•Dec 18, 2025
Bitcoin Retraces Back Below $89,000 as Traders Unsure of Next Move
Bitcoin fell back below $89,000, breaking a short‑term resistance level and prompting uncertainty among traders. The broader cryptocurrency market remains largely flat, with the top ten assets showing slight gains but staying in weekly red territory. This pull‑back reflects cautious...
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News•Dec 18, 2025
Top Solana Lending Protocol Adds Superstate Tokenized Shares as Collateral
Tokenization firm Superstate announced that its tokenized public‑equity shares are now accepted as collateral on Kamino, Solana’s largest lending protocol, which holds $2.24 billion in TVL. The initial offering supports tokenized shares of Forward Industries, whose stock rose over 6% on...
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News•Dec 18, 2025
Coinbase Unveils 'End-to-End' RWA Tokenization Platform
Coinbase announced Coinbase Tokenize, an institutional platform that brings real‑world assets onto the blockchain through a single, end‑to‑end solution covering issuance, custody, compliance, and trading. The service will support a broad spectrum of assets, from equities and private company shares...
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News•Dec 17, 2025
Legacy Yearn Vault Exploited in Second Attack on the Protocol This Month
Yearn Finance suffered a second exploit this month, this time targeting a legacy iEarn TUSD vault and resulting in a loss of roughly $300,000. The attacker used a flash‑loan attack to manipulate the share price and swapped the stolen assets...
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News•Dec 17, 2025
Russia’s Biggest Bank Sberbank Pilots ‘DeFi Tools’ for TradFi Convergence
Sberbank, Russia’s largest bank, has begun piloting a range of decentralized‑finance (DeFi) tools despite being under U.S. and EU sanctions. The bank’s deputy chairman, Anatoly Popov, said any meaningful integration will depend on a clear regulatory framework, especially around taxation,...
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News•Dec 16, 2025
Gnosis Hard Fork to Recover Balancer Funds Sparks Debate on Immutability
Gnosis Chain will execute a hard fork on Dec 22 to return roughly $9.4 million frozen after the Balancer V2 hack, which siphoned $128 million across multiple chains. The fork requires validator software updates and will penalize nodes that do not follow the...
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News•Dec 15, 2025
SushiSwap Approves SUSHI Emissions Boost in Vote Controlled by Single Wallet
SushiSwap’s governance voted to raise the SUSHI token’s annual emission rate from 1.5% to as much as 5%, effectively tripling the yearly supply. The decision was dominated by a single wallet that supplied roughly 99.9% of the 5.2 million voting power,...
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News•Dec 12, 2025
Solana Lending Markets Surge as Network Positions for Trillion-Dollar DeFi Future: Redstone
Solana’s lending sector saw total value locked climb to $3.6 billion in December 2025, a 33 % increase from the previous year. The network’s 400‑millisecond finality, $0.001 median transaction fee, and 100 % uptime underpin this growth, while daily DEX volume peaked at $35.9 billion....
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News•Dec 12, 2025
HyENA Volume Crosses $50 Million in First 48 Hours
DeFi protocols Ethena and Based launched HyENA, a Hyperliquid HIP‑3 frontend, on Dec 9. In its first 48 hours the platform processed over $50 million in trades, becoming the second‑largest permissionless perpetual market on Hyperliquid after TradeXYZ. HyENA leverages Ethena’s USDe synthetic dollar...
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News•Dec 11, 2025
Arbitrum DAO Votes on $1.5 Million Program to Reward Active Delegates
Arbitrum DAO is voting on a $1.5 million annual incentive program to reward active governance delegates. The proposal requires delegates to hold at least 200,000 ARB, vote on proposals, and publicly explain their rationale within five days, with payouts ranging from $300...
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News•Dec 11, 2025
Web3 Ticketing Platform KYD Labs Launches TIX for Live Events Financing
KYD Labs, a Solana‑based ticket sourcing platform, unveiled TIX, a DeFi lending layer designed to finance live events. The solution tokenizes tickets as real‑world assets, allowing venues to obtain upfront capital from on‑chain liquidity providers. KYD Labs currently supports over...
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News•Dec 11, 2025
Stream Files Lawsuit Against Operator ‘0xlaw’ Over $93 Million Loss
Stream Finance’s original team has sued its new operator, Caleb McMeans (alias 0xlaw), alleging mismanagement that caused a $93 million loss and the platform’s collapse. The Dec 8 complaint in the Northern District of California says McMeans ran the protocol as his...
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News•Dec 11, 2025
The Casino Never Stops - It Just Evolves
The article observes a stark downturn in crypto markets, with altcoin prices collapsing, meta‑projects dying quickly, and numerous funded ventures shutting down, even as Bitcoin trades above $90,000. It argues that such pessimism is cyclical, noting that history repeatedly shows...
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News•Dec 10, 2025
Fed Rate Cut Sparks Mixed Moves in Crypto Markets
The Federal Reserve trimmed its benchmark rate by 25 basis points, marking the third cut of 2025, and the decision sparked mixed reactions across digital assets. Bitcoin edged up 0.5% to $93,488 while Ethereum surged 3.4% to $3,405, yet XRP...
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News•Dec 10, 2025
Phantom’s Stablecoin CASH Supply Tops $100M Two Months Post-Launch
Phantom’s wallet-native stablecoin CASH surpassed $100 million in supply just two months after its September 30 launch, driven by a fee‑free Cash Account and a liquidity partnership with Solana’s Kamino. The Cash Account enables instant bank funding, peer‑to‑peer transfers, and debit‑card...
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News•Dec 10, 2025
ETHZilla Invests $21 Million in Zippy to Tokenize Manufactured Home Loans
Nasdaq‑listed crypto firm ETHZilla Corp. acquired a 15% stake in Zippy, a digital lender for manufactured‑home loans, for $21 million comprising cash and stock. The partnership will enable Zippy’s loans to be tokenized on Ethereum, giving institutional investors on‑chain exposure to...
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Deals•Dec 10, 2025
ETHZilla Takes 15% Stake in Zippy for $21M to Tokenize Manufactured Home Loans
Nasdaq‑listed ETHZilla Corporation announced a $21 million investment to acquire a 15 % fully‑diluted stake in Zippy, a digital platform for manufactured‑home loans. The deal includes cash and ETHZilla stock, and gives ETHZilla a board seat as the companies partner to tokenize...
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News•Dec 9, 2025
Swapper Finance Launches Card Deposits to DeFi via Mastercard
Swapper Finance has introduced “Direct Deposits,” a feature that lets users fund DeFi applications directly with Mastercard‑linked cards. The service is powered by Chainlink’s Runtime Environment, which handles identity verification, compliance, token swaps and on‑chain settlement. Initial launch partners include...
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News•Dec 8, 2025
Farcaster Abandons Social Network Strategy to Focus on Wallet
Farcaster, the blockchain‑based social platform founded by former Coinbase executives, announced it will abandon its social‑network focus and double down on its on‑chain wallet. After 4.5 years of trying to build a Twitter‑like experience, the team said growth was unsustainable,...
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News•Dec 8, 2025
Hyperliquid Launches Direct USDC Transfers
Hyperliquid announced direct USDC transfers, unifying the stablecoin on its HyperCore and HyperEVM layers. The move replaces the previous Arbitrum‑based bridge, allowing users to move USDC without third‑party intermediaries. By consolidating liquidity, the platform aims to cut transaction costs and...
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News•Dec 8, 2025
ONDO Jumps as SEC Ends Biden-Era Probe
ONDO, a tokenization platform, saw its stock surge after the U.S. Securities and Exchange Commission formally closed a confidential investigation that began during the Biden administration. The SEC concluded the probe without filing any charges, signaling no immediate regulatory penalties...
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News•Dec 5, 2025
Crypto Markets Pull Back as U.S. Core Inflation Misses Expectations
Crypto prices retreated on Dec. 5 after U.S. core PCE inflation data came in below forecasts. Bitcoin slipped 3.4% to $89,361 and Ethereum dropped 4.2% to $3,029, pulling the total market cap down 3.5% to $3.12 trillion. Trading volume hit $130 billion, while...
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News•Dec 5, 2025
SYRUP Jumps 16% After Maple Reveals 2M Token Buyback
Maple Finance allocated 25% of its November revenue to repurchase 2 million SYRUP tokens, triggering a 16% price surge that lifted the token to $0.28 before settling near $0.26. The buyback is part of a newly approved policy that redirects protocol...
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News•Dec 5, 2025
21Shares Launches First Leveraged Sui ETF on Nasdaq
The new fund, TXXS, gives traders 2x daily exposure to SUI.
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News•Dec 4, 2025
Polymarket Users Suspect Insider Trading After Google Trend Markets Crown Surprise Winner
One account won more than $1 million on yesterday’s Google search trend markets.
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News•Dec 4, 2025
Lighter to Introduce Spot Trading
Lighter, a perpetuals exchange, will add spot trading starting with Ethereum, marking its shift from pure derivatives to broader asset services. The launch leverages its existing matching engine and deep liquidity pools, aiming to attract traders who want direct crypto...
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News•Dec 4, 2025
Citadel’s Call For SEC to Regulate DeFi Protocols Divides Crypto Experts
The trading firm warned that tokenized stocks need the same rules as regular exchanges.
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News•Dec 4, 2025
BlackRock’s BUIDL Fund Now Eligible as Collateral on M0
BlackRock’s tokenized U.S. Treasury fund BUIDL has been approved as eligible collateral for stablecoins on the M0 platform. The fund, managed by Securitize, holds more than $2 billion in assets and saw a modest 30% dip in total assets while its...
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News•Dec 4, 2025
Western Union Reveals ‘Stable Card’ Amid On-Chain Push
Western Union announced a new “stable card” aimed at consumers in high‑inflation economies, extending its U.S. prepaid offering with a dollar‑denominated, Visa‑linked product. The card will leverage the company’s partnership with stablecoin‑payments firm Rain, allowing users to convert stablecoins into...
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News•Dec 4, 2025
Galaxy Looks to Expand Institutional Staking Infra with Alluvial Acquisition
Galaxy Digital announced the acquisition of Alluvial, a provider of institutional‑grade staking infrastructure, to broaden its crypto staking services. The deal integrates Alluvial’s automated validator and reward platform with Galaxy’s existing Liquid Collective pool. Despite the acquisition, Liquid Collective will...
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News•Dec 4, 2025
Crypto Rebound Accelerates After Vanguard Allows Crypto ETF Trading
Bitcoin surged 6% immediately after trading debuted on Tuesday.
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Deals•Dec 4, 2025
Galaxy Acquires Alluvial Finance to Boost Institutional Staking Infrastructure
Galaxy announced the acquisition of Alluvial Finance, aiming to expand its institutional liquid‑staking infrastructure. The deal will keep Liquid Collective under the oversight of its non‑profit foundation, signaling a strategic move into the crypto staking market.
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News•Dec 3, 2025
Ostium Labs Reveals $20 Million Raise Co-Led by Jump Crypto
Ostium Labs announced a $24 million funding round, including a $20 million Series A co‑led by Jump Crypto and General Catalyst, with participation from Coinbase Ventures, Wintermute Ventures, and others. The decentralized exchange specializes in tokenized real‑world assets, recording over $30 billion in all‑time...
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News•Dec 3, 2025
Ethereum Launches Fusaka Upgrade to Make Network More Scalable
Ethereum has rolled out the Fusaka upgrade, introducing the PeerDAS system to boost network capacity. PeerDAS enables the blockchain to handle a higher volume of transactions while maintaining low gas fees. The upgrade follows a series of scalability improvements, including...
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News•Dec 3, 2025
Kamino Sparks Outcry After Blocking Loan Transfers to Jupiter Lend
Kamino, the second‑largest lending protocol on Solana, has manually blacklisted an address linked to rival platform Jupiter Lend, effectively blocking loan transfers between the two services. The move was executed without a community vote, signaling a direct competitive response. Kamino’s...
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Deals•Dec 3, 2025
Ostium Labs Secures $24M Series A Funding Led by Jump Crypto and General Catalyst
Ostium Labs, a decentralized tokenized RWA exchange, announced a new Series A round raising $24 million, including a $20 million lead from Jump Crypto and General Catalyst. The round also saw participation from Coinbase Ventures, Wintermute Ventures, Crucible Capital and early users,...
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News•Dec 2, 2025
HYPE Jumps 8% After $888 Million DAT Gets Approved
HYPE's stock surged 8% after regulators approved an $888 million decentralized autonomous treasury (DAT) fund. The approval coincides with Sonnet BioTherapeutics merging with Rorschach LLC to create the first major HYPE treasury company. The new entity will manage the sizable DAT...
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News•Dec 2, 2025
Chainlink’s LINK Jumps 13% as Grayscale ETF Goes Live
The Grayscale Chainlink Trust ETF (GLNK) gives equity investors another way to access LINK.
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News•Dec 2, 2025
Crypto Markets Edge Higher as Bitcoin Breaks Back Over $90,000
ETH, SOL, and BNB post gains, while analysts say the market “appears less worried” now.
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Deals•Dec 2, 2025
Sonnet BioTherapeutics Merges with Rorschach LLC to Form First HYPE Treasury Company
Sonnet BioTherapeutics announced a merger with Rorschach LLC, creating the inaugural major HYPE treasury company. The deal, valued at approximately $888 million, was approved and is expected to boost HYPE’s market presence.
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Deals•Nov 26, 2025
SpaceComputer Secures $10M Seed Funding to Build Secure Blockchain Compute Satellites
SpaceComputer announced a $10 million seed round to develop an orbital network for secure blockchain computing. The round was co‑led by Maven11 and Lattice, with participation from Superscrypt, the Arbitrum Foundation, Nascent, Offchain Labs, Hashkey, Chorus One and several individual investors.
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Deals•Nov 18, 2025
0xbow Secures $3.5M Seed Funding to Expand Privacy Pools
DeFi privacy platform 0xbow announced a $3.5 million seed round to grow its Privacy Pools technology. The round was led by Starbloom Capital and included investors such as Coinbase Ventures, BOOST VC and Status Research & Development GmbH. Funds will be used...
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Deals•Nov 10, 2025
Monad Announces $187 Million Public Token Sale on Coinbase Platform
Monad, a Layer‑1 blockchain, unveiled its tokenomics and announced a public sale of 7.5% of MON tokens on Coinbase’s new token‑sale platform, targeting a $187 million raise at a $2.5 billion valuation. The announcement sparked community backlash over allocation ratios but signals...
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Deals•Nov 7, 2025
Immunefi Announces $5M ICO on CoinList Ahead of 2026 Token Generation Event
Immunefi, the leading Web3 bug bounty firm, unveiled a public token sale on CoinList to raise $5 million, with the sale running Nov 12‑19. The offering will allocate 374 million IMU tokens at $0.01337 each, targeting a token generation event in February 2026. Proceeds...
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Deals•Oct 31, 2025
Securitize to Go Public via $1.25B SPAC Deal with Cantor Equity Partners II
Securitize announced it will become a publicly listed company through a business combination with SPAC Cantor Equity Partners II, valuing the combined entity at about $1.25 billion. The transaction is expected to list the new company on Nasdaq under the ticker...
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Deals•Oct 30, 2025
MegaETH ICO Set to Raise up to $50M as over $1B in Bids Compete for MEGA Tokens
MegaETH is closing its initial coin offering on 2025-10-30 with a $50 million cap, though more than $1 billion in commitments have been placed for MEGA token allocations. The sale is run via Sonar, allows token lockups for discounts, and...
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Deals•Oct 24, 2025
Pumpfun Acquires Multichain Memecoin Trading Terminal Padre
Pumpfun has acquired Padre, a multichain memecoin trading terminal operating on Solana, Base, Ethereum, and BNB Smart Chain, expanding Pumpfun's memecoin trading stack and challenging trading bots. The deal was announced on 2025-10-24; no financial terms were disclosed.
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Deals•Oct 24, 2025
Ripple Completes $1.25B Acquisition of Hidden Road, Rebrands It as Ripple Prime
Ripple has completed its acquisition of global prime broker Hidden Road for $1.25 billion and rebranded the business as Ripple Prime. The deal expands Ripple into institutional prime brokerage and supports greater use of its stablecoin RLUSD and XRP in...
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Deals•Oct 23, 2025
Hyperliquid Strategies Files S-1 to Raise up to $1B in Public Offering
Hyperliquid Strategies filed an S-1 prospectus on Oct 22, 2025 outlining plans to offer up to $1 billion in a public offering of 160 million shares to build a digital asset treasury. The filing signals the company's intent to go...
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Deals•Oct 23, 2025
Kalshi Raises $300M From Paradigm, Sequoia and Andreessen Horowitz
Kalshi raised $300 million from venture firms including Paradigm, Sequoia, and Andreessen Horowitz to support its crypto and on‑chain expansion. The funding backs Kalshi's push into on‑chain prediction markets and integrations such as its partnership with oracle RedStone.
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Deals•Oct 23, 2025
Aave Labs Acquires Stable Finance to Simplify Stablecoin Savings
Aave Labs has acquired San Francisco fintech startup Stable Finance, bringing founder Mario Baxter Cabrera and the full engineering team into Aave Labs to accelerate consumer-facing DeFi products and simplify stablecoin savings. The Stable app will be phased out as...
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Deals•Oct 22, 2025
Kinetiq Raised $1.75M From Hyperliquid‑ecosystem Investors
Kinetiq (the Kinetiq Foundation) raised $1.75 million from investors active within the Hyperliquid ecosystem, the Foundation revealed. The funding was disclosed alongside the launch of Kinetiq's KNTQ governance token and follows the protocol's rapid TVL growth since launching in July...
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Deals•Oct 22, 2025
DraftKings Acquires Railbird to Launch DraftKings Predictions
DraftKings announced the acquisition of Railbird as it prepares to launch a new prediction markets platform, DraftKings Predictions. Polymarket Clearing will serve as the designated clearinghouse for the product's backend infrastructure.
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Deals•Oct 21, 2025
Coinbase Acquires Echo for $375 Million to Expand On‑Chain Fundraising
Coinbase has acquired blockchain fundraising platform Echo in a cash-and-stock deal valued at approximately $375 million. The acquisition will integrate Echo’s Sonar public token sale platform into Coinbase’s on‑chain capital formation tools and bring Echo co‑founder Jordan “Cobie” Fish to...
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Deals•Oct 20, 2025
Turtle Raises $5.5M to Expand Programmable DeFi Liquidity Infrastructure
On‑chain liquidity distribution protocol Turtle raised $5.5 million, bringing total funding to $11.7 million. The capital will fund engineering hires, product infrastructure, and cross‑chain integrations; investors include GSR, FalconX, Anchorage VC and founders from Polygon, 1inch and Gnosis.
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Deals•Oct 20, 2025
Greenlane Raises $110M Private Placement to Fund BERA DAT with Polychain Lead
Greenlane Holdings announced a $110 million private placement to fund its new BERA digital asset treasury (DAT), led by Polychain Capital and including institutional/crypto investors such as Blockchain.com, Kraken, North Rock Digital, CitizenX and dao5, supported by the Berachain Foundation....
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Deals•Oct 19, 2025
Kalshi Raises $300M in Growth-Stage Financing as Prediction Markets Go Mainstream
Kalshi secured $300 million in financing as it positions itself as a regulated, institutional prediction market; the raise accompanies broader investor interest in the space as incumbents and exchanges eye the market.
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Deals•Oct 17, 2025
Stripe-Backed Tempo Raises $500M Series A at $5B Valuation
Tempo, a payments-focused blockchain developed by Stripe and Paradigm, raised $500 million in a Series A round led by Thrive Capital and Greenoaks, valuing the company at $5 billion. Additional participants included Sequoia, Ribbit Capital, and SV Angel; Stripe and...
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Deals•Oct 16, 2025
Ventuals Raises $38M in HYPE Deposits Within 30 Minutes to Fund HIP-3 Markets
Ventuals launched a HYPE liquid staking vault to fund its HIP-3 permissionless derivatives market, collecting roughly $38 million (just over 1 million HYPE) within the first 30 minutes and reaching 1.29 million HYPE by time of reporting. The launch included...
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Deals•Oct 10, 2025
Umbra Completes Oversubscribed ICO, Caps Raise at $3M After $150M+ Commitments
Privacy protocol Umbra concluded its ICO on 2025-10-10, pricing UMBRA at $0.30 and capping the raise at $3 million (roughly $8.55M FDV) after more than $150M in commitments. The token launched on secondary markets trading ~5x ICO price; the sale...
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Deals•Oct 8, 2025
Plume to Acquire Dinero to Add Liquid Staking and Compliance Infrastructure
Plume announced plans to acquire Dinero to integrate liquid staking products and compliance infrastructure into Plume’s real-world asset blockchain. The acquisition aims to strengthen Plume’s DeFi capabilities and compliance features for tokenized assets.
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Deals•Oct 7, 2025
ICE Invests $2B in Polymarket to Expand Into Prediction Markets
Intercontinental Exchange (ICE) has invested $2 billion in Polymarket in a strategic corporate funding round, making ICE a global distributor of Polymarket data and supporting Polymarket's expansion into prediction markets. The partnership positions ICE to distribute Polymarket's data while providing...
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Deals•Oct 7, 2025
Intercontinental Exchange Invests $2 Billion in Polymarket
Intercontinental Exchange (ICE) made a $2 billion investment in decentralized prediction market platform Polymarket, signaling major corporate backing for the sector. The investment was highlighted amid record trading volumes across prediction markets and increased mainstream partnerships.
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Deals•Oct 3, 2025
Orange Cap Games Acquires Moonbirds Ahead of BIRB Token Launch
Moonbirds, the NFT collection, was acquired by Orange Cap Games and is set to launch its BIRB token on Solana amid a surge in trading volume. The article notes the collection’s trading volume rose over 1,000% in 90 days and...
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Deals•Oct 2, 2025
Avalanche Treasury Co. To Merge with Mountain Lake Acquisition in $675M Deal
Avalanche Treasury Co. announced a planned $675 million merger with SPAC Mountain Lake Acquisition. The transaction includes $460 million in assets and a discounted purchase of AVAX tokens from the Avalanche Foundation, effectively bringing Avalanche Treasury public via the SPAC...
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Deals•Oct 1, 2025
IHC Backs ADI Chain to Launch Dirham-Backed Stablecoin
Abu Dhabi-based conglomerate IHC has backed ADI Chain, an L2 blockchain project building a dirham-backed stablecoin to onboard the region’s financial system onto blockchain. The backing is a corporate investment to support ADI Chain’s development and stablecoin launch; financial terms...
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