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The round was led by Castle Island Ventures and included participation from Mechanism Ventures, Bankless Ventures, CMS Ventures and UTXO Management.

The feature allows users to take self-custody of bitcoin, ether, USDT and USDC and share inheritance access to their Casa vaults.

AI naturally evolves as an increasingly centralized technology, and any decentralization efforts are an uphill battle. But decentralization can win in specific areas of AI development, says Jesus Rodriguez, CEO of IntoTheBlock.

This activity could potentially exert upward pressure on the price of bitcoin.

A New York judge ruled a case involving the SEC and Coinbase will go forward, throwing out the exchange’s motion to dismiss.

A federal judge ruled the U.S. Securities and Exchange Commission (SEC) brought enough of a case arguing that Coinbase is operating an unregistered broker, exchange and clearinghouse that its suit against the crypto trading company should move forward.

Historically, VCs have been adept at implementing “counter-cyclical” strategies and discerning shifts in market sentiment. They typically capitalize on opportunities ahead of others: during bear markets, they broaden their investment scope, leveraging their advantages such as market insights and incubation resources, which individual investors may not have access to. This allows them to position themselves ahead of the curve in promising sectors and projects, ultimately benefiting from the early gains of the bull market through the wealth effect of leading tokens.

MyShell, a web3-enabled AI platform focused on creators, has raised $11 million in a pre-Series A funding round led by Dragonfly.

The surge occurred as U.S. federal prosecutors charged the exchange and two of its founders with violating anti-money laundering laws on Tuesday.

Since the approval of spot bitcoin ETFs in January, DeFi looks ascendant, triggering memories of 2020, aka DeFi Summer, when the space bustled with activity.