U.K. Central Bank opens Digital Pound Labs for CBDC test
The Bank of England plans to launch a sandbox to test a potential central bank digital currency or government-issued digital pound. On Jan. 14, the BoE published a progress report outlining possible use cases for a CBDC, business models, and a test phase roadmap focused on blockchain-powered payment systems. Dubbed the “Digital Pound Labs,” the […]
Eliza Labs unveils technical whitepaper for Eliza
ai16z advisor Sam Gao has unveiled the technical whitepaper for Eliza, an open-source AI agent operating system. Per a Jan. 14 X post from Gao, the white paper was written by Shaw, the founder of ElizaOS, alongside contributors from other related organizations. According to the technical whitepaper, Eliza is described as a platform for deploying […]
$190m raised, OG Labs secures capital
The second week of 2025 began with the $32.70 million sale of FTX EU to Backpack. Total known investments came in at roughly $189.96 million across various blockchain sectors. The activity shows steady capital flow in the early days of the new year. The second week’s funding numbers are almost $100 million more than that […]
3 reasons why Ripple Labs’ XRP is ripe for a big upside move
XRP, the native cryptocurrency of the decentralized blockchain created by Ripple Labs, remains in a consolidation phase as top peers like Solana, Polkadot, and Cardano fall by double digits. Ripple (XRP) was trading at $2.39 at last check on Saturday — a few points below its 2024 highs. Still, key fundamental and technical catalysts could […]
Babylon Labs joins forces with Fiamma to unlock Bitcoin DeFi
Babylon Labs and Fiamma, a Lightspeed Faction-backed platform focused on unlocking real-world assets on Bitcoin, are teaming up to advance a BTC-secured decentralized world. Fiamma has secured a strategic investment from Babylon Labs to help bring this vision to market, according to a press release. As the two platforms look to boost a Bitcoin (BTC) […]
Offchain Labs taps ex-Nasdaq exec to lead new VC arm
Offchain Labs has announced it hired Ira Auerbach, the former head of digital assets at Nasdaq, to lead its new venture capital arm, Tandem. The Offchain Labs team is a venture-backed group of developers contributing to the development of Ethereum (ETH) scaling solution Arbitrum (ARB). Offchain Labs is also the team behind the Ethereum consensus […]
Movement Labs eyes $100m funding round at $3b valuation
San Francisco-based blockchain developer team Movement Labs is set to close a $100 million funding round as the company seeks fresh capital amid a resurgent crypto market. The Series B round will value the blockchain developer behind Movement, an integrated blockchain network and layer 2 on Ethereum (ETH), at $3 billion, Reuters reported on Jan. […]
InfiniSVM Blockchain Set for Launch in Solayer Labs’ Plans
Solayer Labs has announced the 2025 roadmap for the Solayer InfiniSVM, a hardware-accelerated blockchain designed to enhance scalability and performance. On Jan. 7, Solayer Labs, a restaking protocol on Solana, elaborated that the architecture of InfiniSVM is based on Shared Virtual Memory and aims at building one globally distributed-state machine with high-throughput, low-latency functionality capable […]
US crypto excitement akin to ‘space race’ under Trump: TRM Labs exec
“We’re seeing people up and down the cabinet who have been supportive of digital assets, innovation, and AI,” said TRM Labs’ Ari Redbord. Source link
Tether, TRON, and TRM Labs freeze $100m worth of criminal crypto
The T3 Financial Crime Unit, a joint effort by Tether, TRON, and TRM Labs, has frozen over $100 million in criminal assets. Launched in August 2024, the T3 Financial Crime Unit, also known as the T3 FCU, has rapidly become a model for public-private partnerships in blockchain security. According to a Tether (USDT) release, the […]
