Amber International Raises $25.5M to Expand $100M Crypto Reserve Strategy

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Amber International Holding (AMBR), a crypto trading firm Amber Group subsidiary, said it raised $25.5 million in a private placement to expand its $100 million Crypto Ecosystem Reserve, a fund designed to support strategic growth across blockchain networks. The raise, announced Thursday, was priced at $10.45 per share, which is a 5% discount to the … Read more

The Open Platform Is First Unicorn In Web3 Ecosystem In Telegram At $1bn Valuation

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Dubai, United Arab Emirates, July 3rd, 2025/Chainwire/–The Open Platform raises $28.5M in Series A equity funding round, showcasing investor confidence in TON’s ecosystem. The equity round was led by Ribbit Capital, a leading fintech and crypto investor, with Pantera Capital also participating.  The investment underscores strong confidence in The Open Platform’s continued development of the … Read more

Meet Soham Parekh, the engineer burning through tech by working at three to four startups simultaneously

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One name is popping up a lot across tech startup social media right now, and you might’ve heard it: Soham Parekh. On X, people are joking that Parekh is single-handedly holding up all modern digital infrastructure, while others are posting memes about him working in front of a dozen different monitors or filling in for … Read more

Ondo, Pantera Capital to Invest $250M in Real-World Asset Projects

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Tokenization platform Ondo Finance ONDO and digital asset investment firm Pantera Capital have teamed up to invest $250 million in real-world asset (RWA) projects as the red-hot tokenization trend is accelerating. The initiative, named Ondo Catalyst, aims to invest in protocols and infrastructure projects that enhance the development of tokenized finance and on-chain capital markets, … Read more

ETH Holds Firm as Strong U.S. Jobs Data Lifts S&P 500 and Nasdaq Composite to Record Highs

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Ether (ETH) traded around $2,584.90 on July 3, registering a 0.55% gain over the past 24 hours as risk assets responded positively to robust U.S. labor market data, according to CoinDesk Research’s technical analysis model. The broader crypto market, as gauged by the CoinDesk 20 Index (CD20), was up 0.08% during the same period. According … Read more

My Predictions About Web 3.0 & Web3. P.I

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Several predictions I made during the 2015–2025 period are still unfolding, so I would categorize them as positive development trends. Here are a few of them: Interoperability as the essence of Web 3.0 & Web3. We’ve passed through the multichain era, then into crosschain, and now, we are immersed in the omnichain paradigm. If multichain … Read more

Cooking.City Bringing Back Value Redistribution To Solana Fair Launches

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Hong Kong, Hong Kong, July 3rd, 2025/Chainwire/-Cooking.City, a recently introduced fair-launch platform, emphasizes ecosystem sustainability and long-term development. The project is backed by institutional investors including Jump and CMT Digital. Today, Cooking.City fully launched, revealing its core mechanisms and points system to better align incentives between traders and developers while creating new ways to participate … Read more

Congress passes budget to expand mass deportations, cut social services, and stall clean energy

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The Republican-controlled US Congress has passed a budget bill that includes cuts to social programs like Medicaid and more funding for Immigrations and Customs Enforcement (ICE), alongside provisions that discourage wind and solar energy production. Passed after a marathon debate in both houses, it will allow President Donald Trump to realize policy goals he’s so … Read more

SEC’s Pause of Grayscale Fund Is Likely Temporary

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The U.S. Securities and Exchange Commission likely halted the launch of the Grayscale Digital Large Cap Fund (GDLC) for administrative reasons, not political ones, multiple individuals familiar with the matter told CoinDesk. The SEC approved GDLC to uplist as an exchange-traded fund (ETF) on Tuesday through staffers’ delegated authority, meaning the regulator’s commissioners did not … Read more

Not everyone is thrilled with Threads’ DMs

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Earlier this week, Instagram Threads launched what the company said was its most-requested feature to date: direct messages, also known as DMs. However, the company is now facing a bit of a user backlash over the addition, as users, primarily women, are arguing that there should be a way to opt out of DMs entirely, … Read more