Tag: Blockchain
Funding Jun 23, 2026 3 min read

Fomo Raises $75 Million Series B Led by Index Ventures

Social trading platform Fomo has raised $75 million in a Series B round led by Index Ventures at a $550 million valuation. Union Square Ventures and Benchmark joined, alongside angels Mark Pincus, Humam Sakhnini, and Kevin Hartz. Fomo reports 625,000 users and $4 billion in trading volume.

Blockchain May 22, 2026 3 min read

OKX Opens Pi Network Access to Millions of US Users

OKX has made the Pi (PI) token available to compliant US users for the first time, the Pi Core Team said on May 21. The move follows Kraken's March listing and adds a second US access point, even as token unlocks and weak demand keep PI pinned near $0.15.

Blockchain May 10, 2026 3 min read

LayerZero Admits Mistake in $292 Million Kelp DAO Exploit

LayerZero issued a public apology on Friday for the $292 million Kelp DAO exploit, admitting its single-verifier setup should never have secured high-value cross-chain transactions. The reversal follows three weeks of blame-shifting and comes as Kelp migrates rsETH to Chainlink's CCIP.

Blockchain Jan 3, 2026 4 min read

Is Pi Network Losing Market Trust After Its Vague 2026 Roadmap?

The lack of specificity drew sharp criticism from users, with some arguing that years of delays, vague timelines, and limited accountability had eroded confidence. One community member described the project as the slowest in history, predicting a steep decline in token value by mid 2026.