How to save a smart home company

The smart home can be scary. It seems like every other month, we hear about another smart home company going out of business, leaving you scrambling for a new way to turn on your lights. Why is it so hard for smart home manufacturers to keep the lights on? And what can they do to … Read more

Grayscale Debuts First Investment Trusts for Sui’s Core Protocols

Digital asset investment platform Grayscale has launched two new single-asset trusts providing exposure to Sui protocols DeepBook and Walrus. The Grayscale DeepBook Trust and Grayscale Walrus Trust invest solely in the native DEEP and WAL tokens, respectively. DeepBook is a decentralized central limit order book (CLOB) built on the Sui blockchain. It serves as a … Read more

Transak Raises $16M from IDG Capital, Tether to Scale Stablecoin Payment Network

Web3 payments infrastructure firm Transak has raised $16 million in a strategic funding round co-led by IDG Capital and Tether. The company plans to use the funds to expand its stablecoin payments stack and enter new markets. The funding round comes at a time in which the stablecoin sector has been growing exponentially. DeFiLlama data … Read more

Tom Lee’s BitMine Immersion Aims to Raise as Much as $20B for More ETH Buys

BitMine Immersion Technology (BMNR), the bitcoin miner that pivoted to an ether (ETH) treasury strategy under Fundstrat’s Thomas Lee’s leadership, is doubling down on its stock sale program, aiming to raise up to $20 billion more buy more ETH. The company had previously authorized $4.5 billion in stock sales through agreements with Cantor Fitzgerald and … Read more

Qubic Claims Majority Control of Monero Hashrate, Raising 51% Attack Fears

Qubic, a project led by former IOTA co-founder Sergey Ivancheglo, says it has secured more than 51% of Monero’s global hashrate, a milestone that, if true, gives it the ability to reorganize blocks, censor transactions, and attempt double-spends on the privacy-focused blockchain. Ivancheglo framed the move as a stress test to help the Monero community … Read more