Subscribe to Updates
Get the latest creative news from FooBar about art, design and business.
Author: James Wilson
Flying Tulip, an on-chain trading platform founded by Sonic Labs co-founder Andre Cronje, has begun raising capital to support its launch and expansion. Summary Andre Cronje is raising funds for Flying Tulip, an on-chain trading platform. It offers 1000x leverage, adaptive AMMs, and yield-backed liquidity. Funds go to yield strategies; FT token is fixed supply and not yet live. In an Aug. 14 post on X, Cronje invited U.S.-based funds to contact the team, marking the project’s first public fundraising effort. According to details shared by Cronje and the project, Flying Tulip is built entirely on the Sonic (S) layer-1…
MoonPay has signed a multi-year strategic partnership with Trust Wallet, the self-custody crypto wallet with over 200 million users, to power its on- and off-ramp services. Summary MoonPay becomes default on/off-ramp provider for Trust Wallet in a two-year deal starting with the U.S. Integration builds on partnership first launched in 2020. Follows MoonPay’s Mastercard deal, BitLicense approval, and new wallet integrations. According to an Aug. 14 official announcement, the deal will make MoonPay the default provider for Trust Wallet’s “Buy Crypto” function for the next two years, starting with U.S. customers. The collaboration deepens a relationship that began in 2020,…
Sapien, a decentralized protocol for AI training, announced its token generation event. Summary Sapien will launch its own token on August 20 The protocol, built on Base, will reward human contributors to AI models Rowan Stone, co-creator of Base, leads Sapien Blockchain and AI are increasingly converging. On Wednesday, August 13, Sapien announced the launch of a token to reward humans who train AI. The decentralized AI data protocol, co-founded by Base’s (BASE) Rowan Stone, is set to launch the SAPIEN token on August 20. The network’s goal is to create incentives that reward both human contribution and quality in…
Bitcoin reached a record-high price of $124,457 on Aug. 13, 2025. The stock prices of corporate Bitcoin treasury companies, however, are nowhere near their all-time highs. While the selling point of Bitcoin treasury firms is that their stocks perform better than Bitcoin, do they actually live up to that promise? Summary Bitcoin treasury companies may have positive mNAV and other metrics, but their stock prices perform badly Experts outline lack of investor confidence, value dilution, and more interest in Bitcoin itself as key factors of treasuries’ underperformance As long as Bitcoin treasuries keep risk management in check, they are not…
Justin Sun claims that Bloomberg publishing his wallet addresses would put him at risk of hacking and kidnapping. Summary Justin Sun is suing Bloomberg over his profile in the Bloomberg Billionaires Index. The report puts his TRX holdings at 60 billion, or 60% of all tokens in circulation. TRON Founder claims that Bloomberg promised to keep his wallets secret. After publishing a report on Justin Sun’s wealth, Bloomberg is facing legal action from the controversial billionaire. In a Wednesday, August 13 blog post, TRON DAO (TRON) revealed that Sun filed a restraining order against Bloomberg. He is seeking to take…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Little Pepe could be 2025’s leading memecoin, with $100 investments possibly turning into $100K as hype builds. Summary Little Pepe presale could turn $100 into $100k as it aims for 12,000% growth by 2025. The coin, built on Layer-2, offers speed, low fees, and massive upside over past memecoin hits. With $17.3m raised, LILPEPE targets growth that could outshine PEPE and Shiba Inu by 2025. The next big memecoin is already getting much attention after Pepe Coin (PEPE) made…
Citigroup is looking to make a further foray into the crypto and blockchain ecosystem with custody and payments solutions for stablecoins and crypto exchange-traded funds. Summary Citigroup is exploring expansion into stablecoin payments and cryptocurrency ETFs custody. The U.S. bank joins other leading financial firms in considering crypto services. The U.S. banking giant is considering a move into crypto custody, stablecoin payments, and other services as leading banks and financial institutions increasingly embrace crypto. In a report, Reuters cites a top executive at Citigroup as saying the bank wants to tap into the crypto momentum as Washington signals a pro-crypto…
KAIO just rewired institutional investing by bringing BlackRock, Brevan Howard, and Laser Digital’s funds onchain via Hedera, creating a real bridge between regulated money markets and programmable DeFi liquidity. Summary KAIO has onboarded BlackRock, Brevan Howard, and Laser Digital’s funds onto Hedera, marking the first large-scale tokenization of major institutional vehicles. These funds now operate on-chain with programmable features like instant settlement and DeFi composability, giving accredited investors native access to money markets, macro, and crypto yield strategies. KAIO’s launch signals a structural shift in TradFi, with blockchain-native versions of funds like BlackRock’s $1.3T liquidity fund now theoretically usable in…
AI compute has become a geopolitical asset, and Web3 could be the loser, a report by O.XYZ explains. Summary O.XYZ report shows how the high cost of AI hours is pricing out Web3 devs Geopolitical realignments are further driving AI costs Regional costs of AI compute remain highly dispersed Geopolitical realignments are making AI too expensive for most Web3 developers. According to an O.XYZ report published on Thursday, August 14, AI compute has become a geopolitical asset, and countries are fighting for control over it. The report shows that chips are no longer the only bottleneck for AI. Even as…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Solana eyes $250 in August, while Remittix quietly gains traction with cross-border crypto payment solutions. Summary Solana eyes $250, but Remittix quietly raises $19.4m for global crypto payments. RTX presale has sold 598m tokens at $0.0944, wallet launch and giveaway ahead. Remittix enables crypto-to-bank transfers in 30+ countries, eyeing real-world use. Solana (SOL) is making headlines as traders speculate it could reach $250 in August. While this sensational top-line figure is getting all the attention, there’s another relatively unnoticed…