Author: Assad Jafri

Perplexity AI, a San Francisco-based startup specializing in AI-powered search engines, recently completed a significant Series B funding round, raising $73.6 million. The funding round was led by Institutional Venture Partners (IVP) and included a mix of venture capitalists and tech luminaries like Jeff Bezos, NVIDIA…

Cosmos-based DEX Osmosis hit $1.121 billion in monthly volume during December 2023, based on DefiLlama data. The DEX’s native token OSMO has surged on the back of increased activity and is currently trading at $1.51, up 121.97% over the past 30 days, based on CryptoSlate data…

Bitcoin developer Jimmy Song, known for his maximalist views, expressed skepticism toward the Ordinals protocol, likening it to a run-of-the-mill altcoin scam. Song’s comments come amid growing discussions in the Bitcoin community about the Ordinals protocol, which was introduced in early 2023 and has since sparked debate over its impact on the Bitcoin network…

Bitwise has also updated its S-1 form submitted by the Dec. 29 deadline set by the SEC and revealed a planned $200 million seed investment for its spot Bitcoin (BTC) exchange-traded fund (ETF). The amount is 20x larger than the $10 million seed investment recently announced by BlackRock for its spot Bitcoin ETF…

The cryptocurrency industry has significantly increased its political donations in response to growing regulatory challenges and skepticism in Washington, the Financial Times reported. The strategy highlights an escalation in the crypto sector’s engagement with political processes in an effort to shape the narrative and policies surrounding digital assets…