Every token launched on Pump.fun, every fair-launch memecoin, and a surprising share of DeFi’s core machinery runs on the same idea: a mathematical formula that sets a token’s price from its supply, with a smart contract as the only market…
The post Gauntlet Raises $125M Series C From SBI Holdings appeared on BitcoinEthereumNews.com.
SBI Holdings was the sole investor in the round, which Gauntlet says will fund expansion into stablecoins, tokenization and traditional capital markets infrastructure. Gauntlet, a DeFi risk management and vault curation firm with $1.42 billion in assets under advisement, closed a $125 million Series C funding round with SBI Holdings, the Japanese financial conglomerate, as the sole investor, Gauntlet said on X Thursday. The firm, founded by chief executive Tarun Chitra, said the capital will fund “building our infrastructure across traditional capital markets, expanding stablecoin coverage, and accelerating new onchain offerings.” Gauntlet said it aims to provide “quantitative guardrails” as institutions move capital onchain. Gauntlet was last valued at $1 billion in 2022, when it raised roughly $24 million in a Series B round. Gauntlet did not disclose a post-money valuation for the Series C
SBI Holdings was the sole investor in the round, which Gauntlet says will fund expansion into stablecoins, tokenization and traditional capital markets infrastructure.
OpenAI's AI agents could revolutionize business efficiency and enhance smart contract security, potentially reshaping digital economies.
The post OpenAI introduces new AI agent for complex business tasks, and crypto’s smart contract world is paying attention appeared first on Crypto Briefing.
The laundering through Tornado Cash complicates fund recovery, highlighting regulatory challenges and potential impacts on DeFi privacy tools.
The post Summer.fi hacker launders $1M through Tornado Cash after $6M exploit appeared first on Crypto Briefing.
The post Solana under pressure: Pump.fun’s $10M SOL move sparks THIS Q3 debate appeared on BitcoinEthereumNews.com.
For Layer 1 networks, price action isn’t just driven by technicals. Solana fits this narrative well. As a Layer 1 that powers an entire ecosystem, Solana’s growth story isn’t just about price action or creating value for token holders. It’s also tied to how applications and protocols within its ecosystem perform on-chain, driving network demand, revenue, and overall activity. With that in mind, Pump.fun is back in the spotlight. The platform recently sold another 122,498 SOL, worth $10.08 million. That brings its total SOL sales to 4,656,826 SOL, valued at $794.8 million, at an average selling price of $170.70. The chart below shows why this latest move has become a key point of discussion. Source: Dune Evidently, Pump.fun has become one of Solana’s most active trading venues. Daily Spot Volume has climbed to around $725 million, with more than 517,000 wallets interactin
The post Robinhood launched a Wall Street layer 2 chain and the market crowned a $150M cat coin first appeared on BitcoinEthereumNews.com.
Robinhood launched the public mainnet of Robinhood Chain this month, describing it as a permissionless Layer 2 built on Arbitrum for tokenized stocks, real-world assets, DeFi lending, and AI-native finance. One week in, the chain’s loudest retail activity is driven by CASHCAT, a memecoin built on Robinhood’s own discarded “CashCat” name. The token reached nearly $150 million in market cap and over $159 million in 24-hour volume. CASHCAT gained liquidity, price charts, and social attention through Uniswap V3 pools and third-party launch and routing infrastructure, including Noxa.fun and Pump.fun, rather than through Robinhood’s own app-listing process. An explainer graphic outlines six steps showing how CASHCAT gained liquidity, price charts, and trading volume on Robinhood Chain without a formal listing. Behind an unapproved listing Robinhood built
The post Zapper to Shut Down Aug. 3 After Nearly Seven Years appeared on BitcoinEthereumNews.com.
The DeFi portfolio tracker once handled $13 billion in transaction volume and 2 million monthly users before deciding an orderly wind-down was its best option. Zapper, the DeFi portfolio tracker and dashboard, will shut down entirely on August 3rd, co-founder and CEO Seb Audet said in a post on X Wednesday. The company’s website, mobile apps and API services will all go offline. Audet said the team “evaluated a number of different options, pursued some to the fullest extent possible,” before concluding that an orderly wind down is the best course of action. Existing API users will receive transition guidance by email, he said. Seven-Year Run Zapper launched in 2019 as a simple portfolio tracker Audet built for himself while exploring early DeFi, before scaling into a broader dashboard for tracking liquidity pools, yield farms and claimable rewards. At its peak, the platform served more tha
