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AI
Blockchain Firm Crossmint Used by Adidas, Red Bull Raises $23.6M in Funding
Ribbit Capital led the investment round with additional participation from Franklin Templeton, Nyca, First Round, and Lightspeed Faction.

Halliday Raises $20M for AI Protocol to Eliminate Writing Smart Contracts for DeFi
The Series A investment was led by venture capital giant a16z's crypto arm, following a $6 million seed round in 2022.

Sam Altman's World Network and Razer Want to Defeat Gaming's Bot Problem
The teams are releasing “Razer ID verified by World ID,” which is a single sign-on mechanism that will verify real human gamers from bots.

AI's Lead Over Crypto for VC Dollars Increased in Q1'25, But Does This Race Really Matter?
Despite the crypto 'Trump bump' at the end of 2024, deal flow still favors Artificial Intelligence. But is there a new preference for AI over crypto?

Nvidia-backed CoreWeave To Acquire AI Developer Platform Ahead of IPO
The deal is valued at $1.7 billion, The Information reported.

Hut 8 Reports $331M Net Income in 2024 While Expanding AI Infrastructure
The bitcoin miner held over 10,000 bitcoin at the end of last year.

Core Scientific Appoints Former Investment Banker as New CFO
Finance veteran to succeed Denise Sterling as CFO, shares are up 2% in pre-market trading.

Olas' Mech Marketplace Enables AI Agents to Hire Each Other for Help
Crypto and AI firm Olas is making it easier for AI agents to collaborate.

Bittensor App Gets Hack Risk Cover From Nexus Mutual-Backed Insurance Firm Native
Team Rizzo, which operates Bittensor subnets and validator services, has snagged $25 million in on-chain cover from Native, a digital asset insurance specialist.

Core Scientific Stock Surges After $1.2B Expansion of Data Center With CoreWeave
The expansion will significantly increase Core Scientific’s AI and cloud computing capacity and increase total projected revenue to $10.2 billion over 12-year contract terms.
