Movement Labs will use the funding to bring Facebook’s Move Virtual Machine to Ethereum ahead of a potential mainnet launch this year.
Memecoins, collectively worth tens of billions of dollars in market cap, are unpopular among some builders in the crypto space.
MicroStrategy could boost its earnings by over $3 billion if it chooses to adopt new accounting rules, according to Benchmark.
The U.S. SEC is again delaying a slew of proposals that would allow for options on spot bitcoin ETFs and asked for public input.
The sale is the sixth-most expensive CryptoPunk sale of all time and the third-most expensive one to happen in 2024.
Following Avail’s upcoming mainnet launch, the integrations aim to help developers build more scalable, cost-efficient and composable chains.