Bleap, a "blockchain bank account" founded by former Revolut employees Joao Alves and Guilherme Gomes, closed a $2.30 million seed round led by Ethereal Ventures. Other participants included institutions such as Maven11 and Alliance DAO, as well as executives from Revolut, Phantom and OKX. The round valued the company at $10 million.
With each halving of bitcoin, its volatility is expected to continue to decline. The next halving is scheduled for 2028, when bitcoin will be four times scarcer than gold. André Dragosch, head of research at ETC Group, says volatility structurally decreases over time as retail and institutional adoption of crypto increases...
According to the Associated Press, a barge crashed into a bridge in Galveston, Texas, causing an oil spill and a partial collapse of a railway line.