Dragonfly Capital backs Codex, $16m round

Several startups at the intersection of AI, blockchain, and fintech announced funding rounds this week. Codex raised the most capital, filling its coffers with $15.8 million. Dragonfly Capital led the seed round. According to Fortune, which first broke the news, the effort was part of a seed round with roughly $14 million coming from Dragonfly….

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Utility, volatility and longevity: Looking beyond the hype

Opinion by: James Newman, chief corporate affairs officer at Chiliz The perception of blockchain, especially for those outside the industry, has often been driven primarily by stories of extreme volatility, bad actors and speculation.  In past months, the industry has been dominated by the narratives around the rise and subsequent fall of memecoins like HAWK,…

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Smart money still hunting for memecoins despite end of ‘supercycle’

The most successful cryptocurrency traders are still chasing quick profits in memecoins, despite signs that the broader “supercycle” for the speculative assets may be winding down. The shift follows recent disappointment tied to memecoin launches associated with US President Donald Trump. The industry’s most successful cryptocurrency traders by returns — tracked as “smart money” traders…

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