Peter Thiel’s VC, Vitalik Buterin back $70 million raise for Polymarket

Peter Thiel’s venture capital firm Founders Fund co-led a $45 million Series B raise for Polymarket. Ethereum co-founder Vitalik Buterin also backed the Series B round. The predictions marketplace also announced it raised $25 million in a Series A round, led by General Catalyst and Polychain.

Developer of Tornado Cash found guilty of money laundering in the Netherlands

Alexey Pertsev, Tornado Cash developer, found guilty of laundering $1. 2B in the Netherlands. Despite Tornado Cash being non-custodial, Pertsev sentenced to over 5 years in prison. Verdict sparks debate on accountability of open-source developers in crypto space.

dYdX founder Antonio Juliano steps down as CEO

Juliano steps down as dYdX CEO, Crnkovic-Rubsamen takes over. The transition marks Juliano’s move to Chairman and President roles. dYdX experiences surge in activity amid market rebound. In a significant leadership transition within the crypto space, Antonio Juliano, the founder and long-time CEO of dYdX, has announced his decision to step down from his role.

Kaspersky’s report reveals new tactics used by North Korean crypto hackers

North Korean hackers deploying “Durian” malware targeting South Korean crypto firms. The resurgence of dormant hackers like Careto underscores the evolving cybersecurity landscape. Hacktivist groups like SiegedSec escalate offensive operations amidst global socio-political events.

FRIEND, AKT and GRT prices soar as Bitcoin falls below $62k

Render, Akash Network and The Graph tokens rose on Friday, with TON and FRIEND also soaring. Bitcoin flactuated between $63k and $61k, with a sharp drop early hours during the US trading session.

AI Tokens Take The Baton From Memecoins To Lead A Market Resurgence

After last week’s bloodbath, cryptocurrency prices began climbing northwards again, this time on the backs of projects linked to artificial intelligence (AI).

Bitcoin Whales Powerful Enough to Revive Bullish Rally, Data Reveals

As the market observes a steady decline in Bitcoin’s price over the last week and into the new weekend, sentiments have become even more bearish.