PIP Labs secures $80M for Story Protocol, valuation hits $2.25B
Story Protocol’s Series B was co-led by a16z Crypto and Polychain Capital. The funds were targeted at developing its layer-1 blockchain, designed for intellectual property tokenization.
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Nifty News: Pudgy Penguins signs with WME, Bitblox to make Web3 gambling games and more….
Blue chip nonfungible token (NFT) project Pudgy Penguins has signed a representation deal with major Hollywood talent agency William Morris Endeavor (WME). According to an announcement via Twitter on May 5, Pudgy Penguins is looking to spread its intellectual property across film, TV, and gaming. We’re proud to announce that @WME will be representing us…

American Economic Association Holds Presentations on Crypto, Blockchain
The American Economic Association (AEA) will host four dedicated presentations of cryptocurrency and blockchain research today, Jan. 4, as part of its ongoing annual meeting.The session, dubbed ‘Blockchain and Tokenomics,’ will cover four academic papers from various sources.It will be hosted by the academic group the Econometrics Society and chaired by Lin William Cong, assistant…

Top-5 Crypto Performers: BSV, BTC, XRP, LEO, IOTA
The long-awaited Bakkt platform will start accepting depositс of funds in the Bakkt Warehouse starting Sep. 6. The futures platform will launch on Sep. 23 and is expected to attract institutional investors because the settlement will be in Bitcoin (BTC) and the platform will offer the same cyber and physical security protections as the New…

Worst crypto cycle ever? Community and history say otherwise
The cryptocurrency market has faced a significant downturn since the start of 2025, with some investors calling it the most painful cycle in history. Some were disappointed about industry policy changes and the memecoin craze in the United States, while others even speculated about talent leaving the sector for other industries. However, while the current

Tesla reports record $1B income for Q2 despite $23M impairment loss on BTC
Tesla’s latest earnings report showed that the firm conducted no digital asset purchases or sales in Q2, but reported an impairment loss of $23 million on its BTC holdings. 848 Total views 21 Total shares Electric vehicle and clean energy firm, Tesla, has reported $1.14 billion in net income for the second quarter. The firm’s…

Cointelegraph Consulting: A Storm Is Brewing for Ethereum
Ether’s market sentiment is spiking as long-term investors are up around 88% — is there a potential sell-off or slump in the short-term? The latest findings in Cointelegraph Consulting’s biweekly newsletter suggest that Ether won’t sustain its rally.The 365-day market-value-to-realized-value ratio of Ethereum’s native Ether (ETH) token is currently at a two-year high of 1.88.…

Shanghai Man: CZ is wealthiest Chinese person with $90B, NFT yachts, and MonoX hacked
This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including influential projects, changes in the regulatory landscape, and enterprise blockchain integrations. Top of the food chainThis probably won’t come as a surprise to anyone in the crypto industry, but Binance founder CZ has been crowned…

Crypto and NFTs at F1: What are firms bringing to the races beyond sponsorships?
The cryptocurrency community has always put an emphasis on decentralization and globalization. Therefore, it shouldn’t come as a surprise that a number of crypto companies are sponsoring Formula 1 (F1) racing teams in an attempt to further connect with audiences across the world. Research by global analytics company Nielsen Sports found that Formula 1 has the…