OpenSea Denies Airdrop-Related Talk of Enforced Customer Identification

Non-fungible token (NFT) platform OpenSea denied reports that users claiming a potential airdrop will be forced to complete detailed identification, or know-your-customer (KYC), checks. “This is all completely false,” OpenSea CEO Devin Finzer wrote on X in response to a post that referred to the terms and conditions on the OpenSea Foundation website. The terms … Read more

How Blockchain Became Myanmar’s Secret Weapon Against a Totalitarian Regime

Myanmar has been under totalitarian regimes with state socialist cooperative policies since the 1960s, consistently subjected to military bureaucracy. To comprehend the impact of blockchain economics on Myanmar, it is essential to first understand the country’s economic and political transformation. Since 1962, Myanmar had been under the state cooperative socialist economy under the program called … Read more

Drosera Raises $4.75M To Create The Immune System For Ethereum

SAN JUAN, Puerto Rico, February 10th, 2025/Chainwire/–Drosera, an innovative Ethereum-aligned security automation layer, positioned as the immune system for Ethereum has closed its latest funding round bringing the total raised to $4.75 million. The raise, which was led by Greenfield Capital, saw participation from several prominent funds including Anagram, Paper Ventures, Arrington Capital, UDHC and … Read more

Ether Has Underperformed, But Total Value Locked on Ethereum is Rising: Citi

Ether (ETH) has underperformed year-to-date, declining over 20%, but fundamentals are improving and total value locked (TVL) on the Ethereum blockchain has risen dramatically, Wall Street bank Citi (C) said in a research report Monday. “While user activity has been volatile in recent weeks, the fundamental backdrop is not all that murky,” analysts led by … Read more

QED leads $11M investment in Nigerian fintech Raenest

As Africa’s tech ecosystem booms, more people from the region are landing remote jobs with big tech firms and global startups. But getting paid remains a challenge for many of these freelancers and remote workers — they struggle to open accounts that accept U.S. dollars, face slow invoicing and payment processes, and it doesn’t help … Read more

Hedge Funds Are Short Ether CME Futures Like Never Before. Is It Carry Trade or Outright Bearish Bets?

Hedge funds hold record short positions in ether (ETH) futures trading on the Chicago Mercantile Exchange (CME), raising questions about the motivations behind these positions. At first glance, the data could suggest that sophisticated market players anticipate price slides, as discussed on social media. However, this isn’t entirely accurate; carry trades or arbitrage plays primarily … Read more

Two senior partners are leaving Peak XV amid strategy shift

Two senior partners are leaving Peak XV, the largest India-focused venture capital firm, four sources familiar with the matter told TechCrunch.  Shailesh Lakhani, a 17-year veteran of the firm, and Abheek Anand, who co-led Southeast Asian investments, are departing, said the sources, who asked not to be identified discussing private matters. The exits follow Peak … Read more

The Chinese Software Industry is Shifting From the Dinosaur Model to the Monkey-Troop Model

During the Chinese Spring Festival, two major events in the IT industry continued to make waves. One was the open-sourcing of China’s large language model DeepSeek R1, which shocked the global AI community, enabling affordable large language models to reach thousands of households and bringing pride to the Chinese tech community. The other was that … Read more