Indian e-commerce startup Citymall, which focuses on budget-focused grocery delivery for tier 2 and tier 3 towns, said today that it has raised $47 million in Series D funding led by Accel, with participation from existing investors including Waterbridge Ventures, Citius, General Catalyst, Elevation Capital, Norwest Venture Partners, and Jungle Ventures. The Series D round … Read more
World Liberty Financial (WLFI), the Trump-family-affiliated DeFi project, is pitching a new tokenomics maneuver to shore up confidence after its rocky trading debut: a buyback-and-burn program funded by protocol-owned liquidity fees. The proposal comes as WLFI faces sharp market headwinds following its highly publicized trading debut across major exchanges, including Binance, OKX, Upbit, Coinbase, Bithumb, … Read more
World Liberty Financial token holders are reportedly being drained of their WLFI tokens. One security expert points to a phishing exploit tied to Ethereum contracts.
A fresh slate of Ethereum testnets is replacing Holesky, the once-massive staging ground now set for shutdown after two years of service. The wind-down will occur two weeks after the Fusaka upgrade is finalized later this year, at which point client and infrastructure teams will cease providing support. Fusaka is set to make Ethereum rollups … Read more
Bitcoin analyst PlanC says there may not be obvious places to “buy the dip” from here on out, as Bitcoin could slowly trudge up to $1 million.
World Liberty Financial proposed using all protocol fees to buy back and burn WLFI tokens, aiming to reduce supply and boost holder value.
Eight U.S. and Indian VC and PE giants are teaming up to fuel India’s deep tech boom.
News Background XRP rose 3% in the 24-hour window from Sept. 1 at 03:00 to Sept. 2 at 02:00, moving between $2.70–$2.83 on 5% intraday volatility. Institutional activity dominated early hours, with 164.9M XRP traded at 07:00–08:00 GMT, almost double the 24-hour average of 86M. Whales accumulated 340M tokens (~$960M) over the past two weeks, … Read more
ESMA’s Natasha Cazenave says tokenized stocks could lead to “investor misunderstanding,” but the regulator is still keen to support the technology.
News Background Dogecoin traded through a volatile 24-hour session from Sept. 1 at 03:00 to Sept. 2 at 02:00, in line with broader crypto choppiness as markets absorbed macro headlines on trade policy and Fed signaling. Institutional desks remain active in memecoins, with 809M DOGE traded at the 07:00 rally and 806M DOGE during the … Read more
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WLFI token holders are voting on a proposal to use liquidity fees for buybacks and burns, as the token slides on initial trading.
Ethereum’s largest testnet, Holešky, will be sunset in the coming weeks after two years of rigorously testing Ethereum’s most important network upgrades.
Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. Digital Asset Treasury (DATs) companies – firms that put bitcoin on … Read more
India’s Offgrid Energy Labs has developed proprietary zinc battery tech as a safer, more cost-effective alternative to lithium for energy storage.
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An X user known as Princess Hypio said they lost $170,000 in crypto and NFTs to a scammer who infiltrated a Discord server and pretended to have mutual friends.
This Japanese AI startup just raised $100M to cut businesses’ admin burden.
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