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The Block

The first and final word in digital assets
Former Robinhood employees raise $5 million for crypto-AI startup OpenLayer
OpenLayer, a crypto-AI startup co-founded by three former Robinhood employees, has raised $5 million in a seed funding round....
Injective launches SDK that lets users create their own onchain AI agent
Users can create numerous, independent agents to accomplish individualized goals, such as one that tracks market data while the other enacts trades....
Trump expected to pick crypto-friendly Howard Lutnick to lead the US Department of Commerce: reports
President-elect Donald Trump is reportedly poised to tap Cantor Fitzgerald CEO Howard Lutnick to lead the Commerce Department....
Competing AI agent tokens within ai16z community cause debate as prices whipsaw
After ai16z partner “Shaw” posted that Eliza had been “set free,” launching a competing ELIZA token, whipsawing price action ensued....
Stablecoin issuer Paxos is looking to buy Membrane Finance to gain market access across the EU
If approved by regulators, the acquisition would give Paxos access to markets across the European Union trading bloc....
A16z-backed Forta launches Firewall to help prevent smart contract exploits
Forta has launched Firewall, a new web3 security tool designed to identify and prevent smart contract exploits....
Maven 11 leads $3 million seed round for DeFi liquidity solver system Barter
Barter intends to use the funds to grow its team and to continue developing AppChain, the firm's DeFi tool that connects liquidity and order flow....
Former Coinbase Custody CEO’s effort to solve crypto’s banking issues launches publicly
The platform promises to address the mounting difficulties that crypto organizations have faced in accessing traditional banking services....
BlackRock’s BUIDL token first to go live on Securitize’s new platform for minting ‘synthetic dollars’ while still earning RWA yield
Securitize has introduced a new way to gain liquidity from real-world assets while still earning yield called the "sToken.”...
BIT Mining settles with DOJ, SEC for $10 million over Japanese bribery charges
BIT Mining has agreed to pay a total $10 million penalty to resolve foreign bribery investigations by the DOJ and SEC....
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