Author: John Smith

Linera has begun winding down its operations after a token sale attracted nearly $900,000 in commitments but failed to meet the minimum funding threshold. Summary Linera refunded all funds committed through its token sale on Sonar. Emergency financing efforts failed to secure enough money to continue development. The team will gradually close its applications and Discord community. RootData estimates that Linera previously raised $12 million from investors, including a16z Crypto. Linera token sale falls below minimum threshold Linera team members said on Discord that the project’s token sale on Sonar received close to $900,000 in commitments from participants. The total…

Crypto and blockchain companies announced at least $180.25 million in disclosed financing across nine deals from Sep. 12 to Sep. 18. Crypto market data provider Kaiko led the week with a $110 million round backed by several major financial institutions. Summary Nine crypto companies announced funding during the week, with disclosed capital totaling $180.25 million. Kaiko secured $110 million in the week’s largest transaction, led by S&P Global. Fin.com raised $20 million to expand its stablecoin-based cross-border payment infrastructure. dtcpay added $15 million, taking its combined Series A funding to $25 million. Payments, tokenized credit, and institutional infrastructure accounted for…

Global NFT sales volume fell 15.28% to $37.54 million over the latest seven-day period, even as the number of buyer and seller addresses more than doubled. Summary NFT sales dropped 15.28% to $37.54 million, from approximately $44.31 million a week earlier. Buyer addresses rose 174.04%, while seller addresses increased 151.72%. Ethereum led with $15.32 million in sales despite a 2.66% weekly decline. Bitcoin NFT sales plunged 53.99% to $4.33 million. Courtyard led collections, while Alchemix V3 Transmuter #219 sold for $770,985. According to data from CryptoSlam, captured on Sep. 19 with the “7 Days” setting selected, NFT sales declined while…

Bitcoin price rebounded about 6% over the past 24 hours to trade near $81,300, with a short squeeze and improving technical momentum carrying the price to its highest level in two weeks. Summary Bitcoin price recovered from below $77,000 and climbed past $81,000 within 24 hours. The 4-hour Supertrend flipped bullish, with support now near $78,677. Daily RSI rose to 64.48, showing strong momentum without reaching overbought territory. A break above $83,000 could confirm a broader bottom, according to analyst Ted Pillows. Bitcoin price action today Bitcoin (BTC) price traded at approximately $81,330 at the time of writing after reaching…

Lemon has decided to close its Brazilian operations and terminate about 15,000 local accounts after finding the country’s new crypto licensing capital requirements too costly for its business. Summary Lemon will close Brazilian accounts on Oct. 16 and assist users with withdrawals. BRL deposits have stopped, while Lemon Card payments will end on Sep. 30. Brazil’s first virtual-asset licensing deadline falls on Oct. 30. Lemon will redirect resources toward Argentina, Peru and Colombia. Lemon said Brazil’s new capital requirements were “disproportionate” to the size of its local business, prompting the Argentine crypto app to withdraw rather than finance a licence…

HotShort has joined the Feixiaohao × GWDC 2026 Innovation Forum as a co-organizer and will present its model for turning short-drama content and related revenue into blockchain-based assets at the Sep. 29 event in Seoul. Summary HotShort will discuss short-drama RWAs and onchain revenue sharing at the Seoul forum. The Sep. 29 event will cover stock tokenization, Web3 applications and AI leadership. HotShort co-founder Answer is scheduled to explain the platform’s content-asset model. Any U.S. offering tied to revenue rights could fall under federal securities rules. Feixiaohao said the forum will take place at AT Center in Seoul, with HotShort…

MultiversX has opened an investigation into a potential issue on its mainnet and said it expects to provide another update within 12 hours or sooner if the team reaches a clear finding. Summary MultiversX said at 10:00 a.m. UTC that it was investigating a potential mainnet issue. The team named user protection and secure, reliable network operation as its immediate priorities. A follow-up is expected within 12 hours or once investigators reach a clear conclusion. EGLD traded near $4.12 after moving between $3.99 and $4.20 during the day. MultiversX has begun reviewing the mainnet issue MultiversX said in a Sep.…

U.S. spot crypto exchange-traded products recorded about $70.7 million in combined net outflows during the Sep. 14–18 trading week, as withdrawals from Ether funds outweighed demand for Bitcoin, Solana, and Hyperliquid products. Summary Spot Bitcoin ETFs ended the week with a modest $6.1 million net inflow after attracting $433 million on Friday. Spot Ether ETFs lost about $140.6 million, extending their weaker flow trend despite a $143.7 million Friday rebound. Solana ETFs took in $60.7 million, led by $47.6 million entering Bitwise’s BSOL on Friday. Hyperliquid ETFs recorded $3.1 million in weekly net inflows after three positive sessions offset Tuesday’s…

In this week’s edition of the weekly recap, the Federal Reserve raised interest rates for the first time since 2023, the CLARITY Act stalled in the Senate, and the SEC opened a five-year pathway for tokenized U.S. stock trading. Summary The Federal Reserve raised its benchmark rate by 25 basis points to 3.75%–4%, while 16 of 18 officials projected at least one more increase in 2026. The CLARITY Act failed to advance after the Senate voted 50–49 on a cloture motion that needed 60 votes. The SEC granted five years of conditional relief for eligible platforms to trade tokenized U.S.…

Anthropic has moved its planned initial public offering to November as investors discuss a deal that could value the Claude developer at roughly $2 trillion and raise up to $100 billion. Summary Anthropic’s proposed IPO could raise as much as $100 billion at a $2 trillion valuation. The company moved the expected offering from October to November, according to The Wall Street Journal. Annualized revenue reached more than $65 billion in July and could exceed $110 billion by year-end. Circle CEO Jeremy Allaire said a public listing would bring Anthropic more disclosure and accountability. Anthropic IPO could become one of…