Memecoins Will Continue to Lose Market Share to AI Agent Coins: Dragonfly VC
Reported by Cointelegraph: Dragonfly Capital’s managing partner said AI agents will dominate throughout 2025, but warned there may be a “sudden reversal” in popularity by 2026.
AI agent tokens will continue outperforming memecoins in 2025, but their momentum may fizzle out by 2026, according to a venture capitalist.
“Memecoins will continue to lose market share to ‘AI agent’ coins. I consider this a migration from financial nihilism to financial over-optimism,” Dragonfly Capital managing par
MicroStrategy Buys a Further 2,138 BTC, Adding to Stash for 8th Consecutive Week
Reported by CoinDesk: MicroStrategy, the self-described bitcoin (BTC) development company, increased its holdings of the largest cryptocurrency for the eighth consecutive week.
The company, which already holds more bitcoin than any other publicly traded company, bought another 2,138 BTC for $209 million in the week ended Dec. 29, bringing its total holdings to 446,400 BTC.
Once again, Executive Chairman Michael Saylor teased the announcement on Sunday in a post on X. The average purchase price
Reported by Cointelegraph: Police reportedly confirmed Tesla CEO Elon Musk’s version of events, which followed an earlier, potentially terror-linked truck attack in New Orleans.
Tesla CEO Elon Musk says a bomb or fireworks caused the Tesla Cybertruck explosion outside the Trump International Hotel in Las Vegas, in what authorities are investigating as a possible act of terror.
The explosive materials were carried in the bed of the rented Cybertruck and thus aren’t related to the Cybertruck its
Reported by CoinDesk: Crypto data startup Accountable has raised $2.3 million in seed funding to transform the undercollateralized crypto credit space. MitonC and Zee Prime Capital led the round, supported by angel investors Darius Rugys from Maven 11 and DCBuilder from the Worldcoin Foundation.
The team is building a privacy-focused data platform that provides live verification of borrower’s assets, liabilities and trading exposure. Users connect their custodial, exchange and other relevant
HyperLiquid Releases Native Staking As HYPE Token Extends Its Rally
Reported by CoinDesk: Layer-1 blockchain HyperLiquid, known for its decentralized derivatives exchange, opened up native staking for holders of its HYPE token, according to a Monday post on X.
Stakers can select which validator to stake tokens with and will accrue rewards in return for securing the network. At launch, HyperLiquid staked 300 million tokens ($8.4 billion), and another 7 million tokens were added by users in the first hour. The tokens are staked across 16 validators.
Ethereum Co-founder Vitalik Buterin 'adopts' Viral Pygmy Hippo Moo Deng With $293,000 Donation to...
Reported by The Block: Ethereum co-founder Vitalik Buterin has donated over $293,000 to a Thai zoo to “adopt” Moo Deng, the pygmy hippopotamus that achieved viral fame in 2024.
Buterin said he made the donation in recognition of the hospitality of the Thai people during Ethereum-related events in the country, such as November’s Devcon SEA conference held in Bangkok.
Ethereum co-founder Vitalik Buterin has become the "adoptive father" of viral pygmy hippopotamus Moo Deng after donating at least
Reported by The Block: Bitget is set to merge its wallet token BWB into BGB, unifying the pair into a single ecosystem token.
BGB is currently the only major cryptocurrency experiencing substantial gains on a day of widespread declines.
Bitget is set to merge the Bitget Wallet Token (BWB) into Bitget Token, unifying the pair into a single ecosystem token for both the centralized cryptocurrency exchange and decentralized Bitget Wallet.
The unified BGB is slated to integrate with Bitget Wallet
South Korea Imposes Sanctions on North Korean Crypto Hackers, IT Operatives
Reported by The Block: South Korea is imposing sanctions on 15 North Korean individuals and one entity involved in illicit cyber activities, including cryptocurrency heists.
North Korean hackers stole $1.34 billion worth of cryptocurrencies in 2024, according to Chainalysis.
The South Korean government announced today that it imposed sanctions on 15 individuals and one entity from the Democratic People’s Republic of Korea involved in illicit cyber activities, including cryptocurrency heists.
Six Bitcoin Mutual Funds to Debut in Israel Next Week: Report
Reported by CoinDesk: Six mutual funds tracking the price of bitcoin (BTC) will debut in Israel next week after the Israel Securities Authority (ISA) granted permission for the products, Calcalist reported on Wednesday.
All six will start operations on the same day, Dec. 31, a condition imposed by the regulator, Calcalist said. Final approval for the funds was granted last week.
The funds will be offered by Migdal Capital Markets, More, Ayalon, Phoenix Investment, Meitav and IBI, with manageme
Hyperliquid Sees Record Outflows Following North Korea Hack Concerns
Reported by The Block: Hyperliquid saw about $250 million net outflows on Monday after a Metamask researcher said North Korea-backed hackers were on the platform.
The platform said user funds are safe and no exploit or vulnerability has been found.
Decentralized perpetual trading platform Hyperliquid saw a record volume of net outflows after one blockchain expert on social media platform X claimed on Monday that North Korea-backed hackers were present on the DeFi platform.
Metaplanet Continues Bitcoin Buying Spree With Latest $61 Million Purchase
Reported by The Block: The Tokyo-listed firm announced today that it purchased an additional 619.7 BTC after it raised almost $61 million through bond issuance last week.
Japanese investment firm Metaplanet Inc. spent nearly $61 million to buy additional bitcoin as it remains bullish on the world’s largest cryptocurrency.
Metaplanet said on Monday that it bought an additional 619.7 BTC, or $58.9 million based on current market prices, for 9.5 billion yen ($60.6 million) at an average purchase
Tether to Make $775 Million 'strategic Investment' in Rumble, Shares Rally 44.6%
Reported by The Block: Tether, the world’s largest stablecoin issuer, has made a “strategic investment” of $775 million into the right-leaning streaming platform Rumble.
Last month, it announced it would allocate up to $20 million of its excess cash reserves to bitcoin.
Tether, the world’s largest stablecoin issuer, has made a “strategic investment” of $775 million into YouTube-alternative platform Rumble, according to a Reuters wire. The move seemingly represents a deepening focus on the cryp
Razzlekhan's Husband, the Bitfinex Hacker, Makes First Public Statement Since Arrest
Reported by CoinDesk: In a video posted to X, Ilya Lichtenstein reiterates he acted alone in stealing 120,000 bitcoin, denying a Netflix documentary's speculation.
Ilya Lichtenstein, in prison on charges related to the 2016 theft of 120,000 bitcoin from Bitfinex, made his first public statement since his 2022 arrest.
Lichtenstein reiterated that he acted alone, dismissing speculation that his wife or father knew what he was up to.
He expressed remorse, saying he plans to work in cybersecurity
Crypto-AI Startup Fraction AI Raises $6 Million in Pre-seed Funding
Reported by The Block: Fraction AI has raised $6 million in a pre-seed funding round co-led by Spartan and Symbolic.
The crypto-AI startup is focused on decentralizing data labeling.
Fraction AI, a crypto-AI startup focused on decentralizing data labeling, has raised $6 million in a pre-seed funding round co-led by Spartan Group and Symbolic Capital.
Other investors in the round include Borderless Capital, Anagram, Foresight Ventures and Karatage, Fraction AI said Wednesday. Angel investors,
Bitcoin Drops Below $100,000 After Fed Chair Powell’s Comment Against BTC Reserve
Reports by The Block: Bitcoin fell below the $100,000 mark on Wednesday following Federal Reserve chair Jerome Powell’s comments.
Powell spoke against the idea of a U.S. national bitcoin reserve, while giving a hawkish 2025 outlook.
Bitcoin dipped under the $100,000 line on Wednesday night following U.S. Federal Reserve Chair Jerome Powell’s comments against forming a national bitcoin reserve.
According to The Block’s bitcoin price page, the world’s largest cryptocurrency fell 6% in the past
Omni Network Launches 'Core' Mainnet to Unify Ethereum's Fragmented Rollup Ecosystem
Reported by The Block: Omni Network, the Ethereum scaling solution built on EigenLayer, launched its Omni Core mainnet.
The protocol seeks to unify the fragmented Ethereum Layer 2 ecosystem by facilitating cross-chain communication and interoperability.
Ethereum scaling solution Omni Network launched its Omni Core mainnet on Tuesday, according to an announcement. The system will serve as the “base layer” of the Omni Orderflow Engine, which seeks to unify the fragmented Ethereum Layer 2 ecosyst
Wormhole, EigenLayer and NEAR-focused Nuffle Labs Partner to Bring Restaking Beyond Ethereum
Reported by The Block: Wormhole is working with blockchain development company Nuffle Labs on a solution to expand EigenLayer’s restaking functionality beyond the Ethereum ecosystem.
Wormhole is working with restaking protocol developers Nuffle Labs on a solution to expand EigenLayer’s restaking functionality beyond the Ethereum ecosystem, according to an announcement on Tuesday. The move represents a serious development for one of the buzziest areas of crypto R&D: sharing the security generate
Team Behind Blockchain-powered AI16z Bot Partners With Stanford to Study Autonomous Crypto-AI Agents
Reported by The Block: Eliza Labs is partnering with Stanford University to study how autonomous AI bots will integrate with the wider digital asset economy.
Eliza Labs, the team behind the AI16z blockchain-powered AI agent, is partnering with Stanford University to study how autonomous AI bots will integrate with the wider digital asset economy.
The research, which will begin early next year at Stanford’s existing Future of Digital Currency Initiative, will be overseen by two longstanding cry