Kalshi raised $185M led by Paradigm at a $2B valuation; sources: Polymarket is completing a $200M+ investment led by Founders Fund at a ~$1B pre-money valuation
Prediction-Market Unicorn Hits $2 Billion Valuation Bogdan Patru / Bitcoin Insider : Prediction Market Kalshi Achieves Unicorn Status with $185 Raised at its $2B Evaluation, as BTC Bull Token Predicts...
Yupp, which rewards users in crypto for comparing answers from multiple AI models and giving feedback, emerges from stealth with a $33M seed led by a16z crypto
Modern AI systems are shaped not only by compute and algorithms but by human feedback. Reece Rogers / Wired : This Chatbot Tool Pays Users $50 a Month for Their Feedback on AI Models Kyt Dotson / Sili...
Codex, which is building a blockchain for stablecoins, raised a $15.8M seed led by Dragonfly; Coinbase, Circle, Cumberland, Wintermute, and Selini also invested
Report Nicholas Kitonyi / NFTgators : Dragonfly Leads $15.8M Seed Round for Stablecoin-Focused Blockchain Developer Codex LinkedIn: Momo Ong : It's common understanding that stablecoins are growing ra...
eToro files for an IPO, seeking to list as ETOR on the Nasdaq, and reports $12.6B in 2024 revenue, ~96% of which was from cryptoassets, and a $192M net income
Presentation of Financial Information — Our audited consolidated financial statements … Emily Jarvie / Proactive : eToro targets $4.5B valuation in Nasdaq IPO Nicholas Kitonyi / NFTgators : Etoro Va...
Lens, a high-performance layer-2 blockchain developed by Avara for consumer apps, raised $31M led by Lightspeed Faction, and plans to launch Lens v3 in Q1 2025
The high-performance network with embedded powerful modular Social Features. Derek Andersen / Cointelegraph : Avara's Lens secures $31M for SocialFi-focused L2 blockchain Lens : Lens Closes $31 Millio...
Farcaster, an Ethereum-based social media project, raised $150M led by Paradigm, with participation from a16z and others, and reports “350,000 paid sign-ups”
Since going permissionless last October, Farcaster has seen 350,000 paid sign-ups … Sage D. Young / Unchained : Decentralized Social Network Farcaster Raises $150 Million in a Series A Round Amanda Si...
Ripple plans to launch a stablecoin later in 2024 that is “100% backed by US dollar deposits, short-term US government Treasuries, and other cash equivalents”
Today's edition is brought to you by BetterHelp … Brenda Ngari / ZyCrypto : XRP Eyes Mega Surge To High Prices As Ripple Readies To Storm $155 Billion Stablecoin Market Mehron Rokhy / The Daily Hodl :...
Blackbird, a restaurant loyalty tool founded by Resy and Eater co-founder Ben Leventhal and which uses the $FLY native token, raised a $24M Series A led by a16z
One of the great joys of living in New York City is never … PRNewswire / Benzinga : Blackbird Labs Raises $24 Million Series A Round From a16z, Amex Ventures and More to Help Transform the Way Restaur...
Epic Games lays off 16% of its workforce, or ~830 employees, divests from music storefront Bandcamp, and intends to spin off “kid-tech” company SuperAwesome
Earlier today Tim Sweeney sent the following email to Epic employees: Tim Sweezy / HotHardware : Epic Games Confirms Massive Layoffs After Fortnite And Metaverse Spending Spree Jamie Crawley / CoinDes...
Dune Analytics: Nike's NFT sales have generated $185M, followed by Dolce & Gabbana with $25.7M, Tiffany with $12.6M, Gucci with $11.6M, and Adidas with $10.9M
Nicholas Kitonyi / NFTgators :