Over the past year, mining companies have raised $11 billion through the issuance of convertible bonds — corporate debt that can later be exchanged for shares. All this is happening amid an active pivot towards data centers for artificial intelligence. After the halving in April 2024, when the block reward was halved, 18 deals for…
The world’s largest crypto investment fund Grayscale announced the start of trading for its new product — the exchange-traded fund Grayscale Solana Trust (GSOL) on the NYSE Arca platform. This is the company’s first staking product officially admitted to trading under the new simplified listing rules approved by the SEC. Grayscale strengthens its position as…
The acquisition of Farcaster platform Clanker, an AI agent-based token launchpad operating on the L2 network Base, triggered a rise in the CLANKER token of more than 360% over the past week. This move shows that the Web3 platform Farcaster is increasingly shifting towards the financial component of SocialFi. On October 26, CLANKER hit a…
According to Bitwise, staking funds for Solana can take their place on traditional exchanges. On the very first day of trading on the New York Stock Exchange, the volume for their ETF Bitwise Solana Staking exceeded $56 million. Bitwise Chief Investment Officer Matt Hougan said on Chain Reaction that BSOL is the “missing piece of…
Avalon Labs has taken an important step towards uniting blockchain and artificial intelligence. The company has presented a whitepaper describing the world’s first on-chain marketplace for RWA assets with AI, as well as a new concept — AI-Model-as-a-Service (AI-MaaS). The project is supported by YZi Labs and Framework Ventures. The launch took place exclusively on…
