This edition of Cointelegraph’s VC Roundup features Eidon AI, Brevis, Multiledgers and Alluvial.  Venture capital funding in blockchain-based startups reached $2.4 billion in the third quarter of 2024, marking a 20% decline compared to the previous quarter, according to Galaxy Research.  Between July and September, crypto startups closed 478 deals, a 17% decrease from the...Continue Reading

Tesla CEO Elon Musk is often associated with Dogecoin after the businessman mentioned the memecoin on various channels in 2021. A 2022 class-action lawsuit filed against Elon Musk and Tesla — alleging that the businessman manipulated the price of Dogecoin (DOGE) through media appearances and social media posts — was withdrawn by the plaintiffs on...Continue Reading

Analysts say a “higher than normal influx of stablecoins to exchanges is just one sign that traders are preparing for the next leg of the Bitcoin rally. Bitcoin (BTC) is down 0.5% over the last 24 hours to trade at $89,077, 4.5% below its $93,434 all-time high. Despite this pullback, optimism around a possible crypto-friendly...Continue Reading

The state Department of Environmental Conservation botched the permitting process, but it still gets a do-over. Victory was declared all around after a New York State Supreme Court ruling allowed Greenidge Generation to continue power generation and Bitcoin mining at its Dresden, New York, facility and reapply to renew the Clean Air Act Title V...Continue Reading

Scott Hartman reportedly said authorities in New York’s Southern District had filed “a lot of big cases” after a crypto market downturn but suggested it was petering out. A prosecutor with the United States Attorney’s Office for the Southern District of New York (SDNY) has suggested that authorities were devoting fewer resources to bringing cases...Continue Reading

The PAWS Mini App is a fast-growing Telegram application that rewards users with PAWS points for engaging within the Telegram ecosystem. PAWS is a Telegram app that rewards users for engagement. It has become one of the fastest-growing Telegram mini-apps, amassing more than 27 million users and 10 million Telegram community members within 10 days...Continue Reading

Blockchain AI projects have seen record fundraising but few end-users, here is where industry leaders see the technology heading next. The convergence between artificial intelligence and crypto has been touted as the next big thing in tech. For the past few years, we’ve seen AI crypto tokens reach market caps of greater than $1 billion....Continue Reading

NYSE Arca has filed with the SEC to list the Bitwise 10 Crypto Index Fund, aiming to convert the $1.3 billion trust into a regulated ETP. NYSE Arca has filed a request with the United States Securities and Exchange Commission (SEC) to list an exchange-traded product (ETP) managed by Bitwise Asset Management that holds a...Continue Reading

Even a small allocation of Bitcoin in a traditional investment fund can be beneficial.  Even a small amount of Bitcoin can make a difference to investment portfolios and even state pension fund managers are starting to take notice.  Jimmy Patronis, the chief financial officer of the State of Florida in the United States, asked the...Continue Reading

Hong Kong’s central bank said it may be illegal for unlicensed companies to represent themselves as banks in Hong Kong.  The Hong Kong Monetary Authority (HKMA) warned its citizens that some overseas crypto companies are misusing the word “bank” to improve their trust quotient. On Nov. 15, Hong Kong’s central bank warned about crypto companies...Continue Reading