Blockchain Capital is raising $700 million for two new funds—the seventh early-stage fund and the second growth fund—and has begun deploying capital, aiming to close in five to six months. Blockchain Capital is raising $700 million for two new funds—the seventh early-stage fund and the second growth fund. The firm has begun deploying capital and plans to wrap the fundraising in five to six months.

Federal class action accuses AI16Z/ELIZAOS of a $2.6B crypto fraud via fake AI claims and deceptive marketing, alleging insider favoritism and a staged autonomous system; seeks damages under consumer protection laws. Abstract: This report covers a SDNY federal class-action filed April 21 accusing AI16Z and its rebrand ELIZAOS of a $2.6 billion crypto fraud involving fake AI claims and deceptive marketing. The suit alleges a manufactured link with Andreessen Horowitz and a non-autonomous system. It details a peak valuation in early 2025, a 99.9% crash, and about 4,000 losing wallets, with insiders receiving ~40% of new tokens. Plaintiffs seek damages and equitable relief under New York and California consumer-protection laws. Regulators in Korea and major exchanges have warned or suspended related trading.

Gate News message, April 22 — According to analyst Darkfost, altcoin trading volume share on a major centralized exchange reached 51%, up significantly from 31% in early March, while Bitcoin and Ethereum shares fell to 30% and 17% respectively. Ethereum's trading volume share declined sharply from

Gate News message, April 22 — A major Bitcoin whale, identified by address 0xa3d843b6a057504284006bef6f34a2e9bc80fb6b, opened a 10x leveraged long position early this morning, according to Hyperinsight monitoring. The position is currently worth $27.4 million at an average entry price of $76,272,

The stablecoin market hit a record $320 billion in total capitalization, up from under $5 billion in 2020, signaling sustained growth and rising adoption across the crypto ecosystem since early 2024. Abstract: The stablecoin market reached about $320 billion in total capitalization, marking significant growth from 2020 and indicating steady expansion through early 2024 with greater adoption and integration in the crypto ecosystem.

A whale address opened a BTC short in early April; it now holds $77.14M in BTC shorts and $47.15M in ETH shorts, the largest short on Hyperliquid, with unrealized BTC losses around $9M and total losses over $13M, positions still open.

Gate News message, April 22 — The U.S. Senate's Digital Asset Market Clarity Act, which has been delayed for several months, may enter Senate committee review as early as May, according to CoinDesk. Sources indicate that the originally planned April advancement is now unlikely; however, if the Senat

Polymarket launched perpetual contracts for leveraged long and short trades on assets like gold, BTC, NVIDIA, and AAPL, with early access for registered users.

Polymarket launches perpetual futures with leverage, expanding beyond standard prediction markets; early access registration is open for leveraged trading on its decentralized platform. This article reports that Polymarket launched a perpetual futures feature, enabling leveraged prediction market trading on its decentralized platform, with open early access registration, expanding offerings beyond traditional markets.

Grayscale research head Zach Pandl analyzes Bitcoin's rebound from a February low, using the realized price metric to show recent buyers at breakeven and hint at an early bull phase, with a reported bottom around $65k-$70k. Grayscale’s Pandl: Bitcoin hit ~63k in Feb, rose to ~76k; realized price ~74k shows recent buyers breakeven, hinting at early bull phase and a bottom around 65-70k.