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Quick Take Fuel Labs has officially launched the mainnet of its flagship optimistic rollup network, Ignition. Ignition supports parallel transaction capabilities and is powered by the FuelVM virtual machine.
Quick Take The TON Foundation will leverage Axelar’s Mobius development stack as its preferred interoperability solution to improve connectivity with other blockchains. Axelar’s MDS will support the development of cross-chain decentralized applications within the TON ecosystem.
Quick Take UTXO Management led the round, with additional support from CMS Holdings, Ethos Fund and others. Hermetica develops the yield-bearing synthetic dollar USDh, which is issued on the Bitcoin network.
- 15:35Crypto Venture Capital ‘Bounces Back’ in 2024, Investors Still Willing to Back Established Teams, Report FindsCrypto VC spending continues to remain low through the end of 2024, PitchBook reveals in a new report, with deal value jumping to $2.4 billion in the final quarter of 2024, up 13.6% from the third quarter, but the number of deals dropping from 411 to 351. While the rebound in funding suggests that investors are still willing to back established teams and differentiated technologies, PitchBook says, the continued decline in deal count underscores investors' increasing selectivity, which also reflects ’founders of more mature companies moving to smaller, strategically focused rounds rather than pursuing the larger rounds that have been common in the past. ‘.
- 15:33An address FOMO bought 3.6 million CARs and has lost more than $1.5 millionA user who spent $1.9 million on 3.6 million CARs (valued at $457,000) has now lost more than $1.5 million, according to Lookonchain monitoring.
- 15:32Trump Family Crypto Project WLFI Spends 156,667 USDC to Buy 273,937 MOVEs AgainPANews, Feb. 10 -- Trump family crypto project World Liberty Financial (WLFI) has just spent 156,667 USDC to buy 273,937 MOVEs again, according to Lookonchain monitoring.