The Block
Quick Take AltLayer raised $14.4 million in a strategic round to expand its rollup infrastructure. The round was co-led by Polychain Capital and Hack VC, with participation from OKX Ventures, HashKey and others.
Quick Take The Ethereum co-founder said that he’s excited about the assistance of artificial intelligence in code verification.
Quick Take: The proposed revision to existing law, if enacted, could be a huge opportunity for Web3 startups in Japan, one local expert said.
ARK Invest sold nearly half a million Coinbase shares after the crypto exchange earned analyst upgrades for its Q4 outperformance.
Quick Take Navin Gupta, former managing director of Ripple, became the new CEO of Crystal Blockchain as the firm eyes expansion in the Middle East and Asia.
Quick Take The ruling party said it intends to postpone crypto tax for two more years and prioritize setting regulatory grounds for the local crypto space ahead of taxing investors.
Quick Take Unusual transaction activity suggests crypto exchange FixedFloat was exploited across multiple blockchains. The exchange remains down for maintenance.
On Feb. 16, OpenAI launched text-to-video AI model Sora.The price of the worldcoin token has rallied over the last week, setting a new all-time high.
Quick Take: The cheapest available Pudgy Penguin NFT was higher than the cheapest available Bored Ape for a short while. This is the first time Pudgy Penguins have overtaken Bored Apes in floor price.
Quick Take FTX creditors filed a class action against the law firm overseeing the exchange’s bankruptcy proceedings, alleging that it was involved in the FTX fraud. Senators, FTX creditors and the exchange’s former CEO have previously raised concerns that the law firm was too closely involved with FTX to count as an impartial firm.
