Arbitrum Awards Biggest-Ever Foundation Grant to Lotte, the South Korean Megacorp

Arbitrum, the largest layer-2 network on top of Ethereum, has awarded its biggest-ever developer grant to Lotte Group, the multibillion-dollar South Korean conglomerate known for its vast portfolio of shopping malls, media companies and entertainment properties. According to Offchain Labs, the developer behind Arbitrum, the grant cements Arbitrum as the main blockchain infrastructure provider for … Read more

Anthropic reportedly in talks to raise $2B at $60B valuation, led by Lightspeed

OpenAI rival Anthropic is in talks to raise $2 billion in new capital in a funding round led by Lightspeed Venture Partners, according to The Wall Street Journal. The round, which The Journal reports would value Anthropic at $60 billion, would bring Anthropic’s total raised to $15.7 billion, going by Crunchbase’s data. It would also … Read more

Xpeng Aero HT unveils ‘flying car’ that’s part-van, part-eVTOL at CES 2025

Xpeng Aero HT, the aerospace company under Chinese EV startup Xpeng, unveiled at CES 2025 its “modular flying car,” the so-called Land Aircraft Carrie. It’s ssentially an electric minivan with a small folding eVTOL (vertical takeoff and landing vehicle) tucked in the back, which can be rolled out and launched into flight.  The company says … Read more

Arcana Network Launches Chain Abstraction SDK To Unify Multi-Chain Experience

DUBAI, United Arab Emirates, January 7th, 2025/Chainwire/–Arcana Network has introduced its Chain Abstraction SDK, designed to streamline the multi-chain experience for developers and users alike. This innovative solution allows developers to integrate Chain Abstraction into their applications, enabling users to spend a unified balance across chains without the need for swapping, bridging, or managing gas. … Read more

Travala’s New Bitcoin Incentives Aim To Boost Crypto Adoption And Real-world Utility

SINGAPORE, Singapore, January 7th, 2025/Chainwire/–Travala,the leading crypto-native travel booking service, has launched limited-time Bitcoin incentives to grow the number of crypto travellers and increase real-world on-chain activity across their network of more than 100 supported tokens. Following last year’s addition of Bitcoin rewards to the AVA Smart Program—Travala’s travel loyalty initiative in collaboration with the … Read more

Breaking Down Bitcoin Mining’s Biggest Year: Insights from the 2024 Report

2024 marked a record-breaking year for the Bitcoin mining industry, achieving historic milestones that underscore its continued growth and technological evolution. Published today, the collaborative report by NiceHash and Digital Mining Solutions delves into these achievements, presenting a comprehensive analysis of key developments, including increased hashrate, hardware innovations, and the dynamics of block space demand. … Read more