Prime Intellect has raised $130M in a Series A funding round led by Radical Ventures, valuing the two-year-old startup at $1 billion, to help enterprises build their own AI agents.
Certora completed formal verification of Aave V4’s Liquidity Hub, Spoke, and core libraries, confirming contract correctness.
Paradigm has raised its fourth fund, a $1.2 billion vehicle, to invest in crypto, AI, robotics, and other startups, with the firm already backing autonomous drone delivery startup Zipline and space defense startup True Anomaly through the new fund.
Cross-border payments firm Nium acquired Coinbase-backed crypto wallet startup Cypher to expand its global network.
Prediction market World moved its protocol from Solana to Robinhood Chain, citing a strategic pivot after a 24-hour review.
Hyundai Card’s second stablecoin PoC, with Circle and Visa, will test cross-border remittances for Hyundai’s European entities.
DeFi dashboard Zapper announced it will wind down all services on Aug. 3 after seven years, citing unsustainable business conditions.
South Korean authorities approved Mirae Asset’s $88.5M acquisition of Korbit, marking the first TradFi takeover of a domestic exchange.
BIP-921 went live, removing BAL locking requirements; holders now have direct voting power but must re-delegate.
Berachain killed BGT emissions after a 43% drop post-hardfork, shifting to revenue-sharing via sWBERA staking.
Curve founder discusses the evolution of stablecoin infrastructure, onchain FX demand, and the role of AMMs like Curve and Yield Basis in enabling institutional and consumer adoption, with a focus on concentrated liquidity and impermanent loss solutions.
The episode explores the critical role of oracles and verification in DeFi and tokenized assets, highlighting how protocols like Chronicle validate collateral for institutional products (e.g., BlackRock’s BUIDL) and the risks of misaligned incentives in token design. It also covers the growth of tokenized RWAs, oracle security lessons from exploits, and the complexity of integrating traditional finance with DeFi.
Samsung's Q2 $58.5B profit, driven by AI memory (HBM), highlights a structural supply-demand imbalance in high-bandwidth memory, with Samsung and SK Hynix dominating the market amid exponential AI-driven demand and constrained supply until at least 2030.
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