Crypto News·
Fomo has raised $75 million in a Series B funding round that values the crypto trading platform at $550 million after attracting more than 625,000 users and generating $4 billion in trading volume within its first year. According to a…
Read full articleFomo's funding highlights renewed VC interest in consumer trading apps, signaling potential shifts in fintech and crypto market dynamics. The post Trading app Fomo raises $75M at a $550M valuation backed by Index and Union Square Ventures appeared first on Crypto Briefing.
Hyperliquid's rapid growth in open interest and trading volume signals a significant shift in market dynamics, challenging traditional exchanges. The post Hyperliquid open interest surges to $2B with $646B quarterly volume appeared first on Crypto Briefing.
The Series B round values the social trading and token discovery platform at $550 million as crypto venture funding remains active in 2026.
Fomo's rapid growth and high valuation highlight the increasing investor confidence in decentralized trading platforms amid a flat market. The post Index Ventures, Union Square Ventures back FOMO at $550M valuation in $75M Series B appeared first on Crypto Briefing.
Hyperliquid sunsets USDH as all HyperCore USDH markets settle, with users directed to swap, withdraw, or repay positions. Hyperliquid has completed the sunset of USDH after all USDH-denominated markets on HyperCore were fully settled. The update means USDH users now need to manage remaining balances, supplied funds, or borrowed positions. Hyperliquid directed users toward available […] The post Hyperliquid’s USDH Exit Sparks User Alert as Markets Fully Settle on HyperCore appeared first on Live Bitcoin News.
Three firms have agreed to settle a class action lawsuit filed over accusations that sensitive user data was shared with third-party companies without consent. According to the newly updated settlement administrator portal, the period and ovulation tracker app Flo Health allegedly shared users’ menstruation and/or pregnancy data with third-party firms after incorporating software development kits […] The post Health App Users Receiving $59,500,000 Payout in Settlement Over Alleged Collecting and Disclosing of Intimate Data appeared first on The Daily Hodl.
MEXC, a pioneer in 0-fee digital asset trading, reported that daily trading volume for SPCX futures peaked at over 800 million USDT. Following SpaceX’s IPO, SPCX futures trading has continued to surge, with average daily trading volume in the three days post-IPO growing nearly 7 times compared to pre-IPO levels.
The surge in crypto trading linked to World Cup events highlights the growing intersection of sports and decentralized finance, reshaping fan engagement. The post World Cup prediction markets surge as Mexico’s Luis Romo goal drives $2M in crypto trading volume appeared first on Crypto Briefing.
