$63M Investment Fuels Raise’s Blockchain-Powered Smart Cards

Raise, a Chicago-based gift card marketplace, secured $63 million in funding led by Haun Ventures and backed by Paypal to expand its blockchain-based Smart Cards system, the company announced this week. Paypal-Backed Raise Raises $63M; Aims to Revolutionize Gift Cards via Blockchain The funding round, which included Accel, New Enterprise Associates and others, brings Raise’s … Read more

Solana Leads the Crypto AI Agents Market Amid Mixed Performance Signals and Emerging Innovations

Recent developments in the crypto AI sector reveal a landscape of volatility, with significant player dominance amid a wave of new launches. The mixed performance of AI coins highlights a cautious investor sentiment as the market grapples with recent corrections and competition. “We’ve seen innovation thrive, even in challenging times,” noted a COINOTAG analyst, emphasizing … Read more

SEC Abandons Case Against Ethereum Giant ConsenSys

In a stunning turn of events that has sent ripples of optimism through the crypto world, the U.S. Securities and Exchange Commission (SEC) has reportedly dropped its investigation into Ethereum software giant, ConsenSys. This monumental decision, initially reported by Solid Intel on X, marks a significant win for ConsenSys and could signal a shift in … Read more

SEC Says Most Meme Coins Do Not Qualify as Securities

The U.S. Securities and Exchange Commission (SEC) stated on Feb. 27 that most meme coins do not meet the definition of securities under federal law, exempting them from registration requirements. SEC Clarifies Meme Coins Fall Outside Securities Regulations Meme coins, defined as crypto assets tied to internet culture or trends, derive value primarily from speculation … Read more

Hyperliquid flips Solana in fees, but is the ‘HYPE’ justified?

The decentralized perpetual futures trading sector has a new leader: Hyperliquid (HYPE). Launched in December 2024, Hyperliquid has its own Layer-1 blockchain, which has surpassed Solana in 7-day fees.  What’s fueling its rapid growth, and how does HYPE compare relative to Solana’s native token SOL (SOL)? Protocols ranked by 7-day fees, USD. Source: DefiLlama Hyperliquid’s … Read more

Zanzibar Government and ThreeFold Partner to Launch the World’s First Automated Digital SEZ

Press Releases are sponsored content and not a part of Finbold’s editorial content. For a full disclaimer, please . Crypto assets/products can be highly risky. Never invest unless you’re prepared to lose all the money you invest. Zanzibar, Zanzibar, February 27th, 2025, Chainwire Zanzibar is set to become the world’s first fully automated Special Digital … Read more

House Democrats Propose MEME Act to Restrict Officials From Promoting Meme Coins

House Democrats introduced legislation to prohibit top federal officials and their families from issuing or promoting meme coins and other financial instruments, citing ethical concerns sparked by President Donald Trump’s official TRUMP cryptocurrency launch and his wife Melania’s that followed soon after. MEME Act Seeks to Ban Federal Leaders From Endorsing Cryptocurrencies The Modern Emoluments … Read more

Saga CEO discusses crypto industry’s shift toward GOP — ETH Denver

Rebecca Liao, co-founder and CEO of layer-1 blockchain Saga, believes that digital assets began as a bipartisan issue but gravitated toward the Republican Party in the last election cycle due to the previous administration’s anti-crypto policies. In an interview with Cointelegraph’s Turner Wright during the ETHDenver Conference, Liao pointed to the Securities and Exchange Commission’s … Read more