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Decentralized AI data network Dataline has completed a $10.6 million seed round, with plans to launch its token and kick off a public token sale within the year.

53 minutes ago

According to The Block, decentralized data network for AI agents Dataline has closed a $10.6 million seed funding round, co-led by Lattice and Samsung-backed Dispersion Capital, with participation from Symbolic Capital, Coinbase Ventures, Anagram, and Robinhood co-founder and CEO Vlad Tenev, among others. Multiple unnamed investors also joined, including a former CFTC chief, as well as founders or partners from institutions like Venmo, Anchorage Digital, NEA, General Catalyst, Jump Capital, and FalconX. The round closed in April this year, structured as a SAFE with token warrants; valuation was not disclosed, and investors did not secure board seats, observer positions, or advisory roles. Dataline co-founder Nuo Shi noted that the platform is already live, covering around 50 data sources, with initial partners for its "AI Data Launch" initiative including Hyperliquid, Polymarket, Kalshi, Base, Robinhood Chain, BNB Chain, Sui, and TON. Developers on Base and Robinhood Chain get free access. The company plans to launch its token by the end of this year, with a public token offering set to run on Base via Uniswap’s Continuous Clearing Auction (CCA); details are expected to be announced next week. The funding will be used to expand data sources, strengthen data verification, and expand into use cases such as robotics and AI training data.

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Whop Raises $200 Million Series D Round Co-Led by Sequoia and Shopify Ventures, Valued at $5.1 Billion

Online business platform Whop announced on October 21 that it has closed a $200 million Series D funding round, with a post-money valuation of $5.1 billion. The round was co-led by Sequoia Capital and Shopify’s investment arm, Shopify Ventures. Some market reports have cited the funding amount as $205 million, but the official figure from the company’s announcement is $200 million. This financing comes less than a year after Whop’s previous funding round. In February 2026, Tether made a $200 million strategic investment in Whop at a $1.6 billion valuation, meaning the company’s valuation has more than tripled in under a year. Headquartered in Palo Alto, Whop was founded in 2021 by three co-founders who met as teenagers while developing sneaker release tracking software. Co-founder Steven Schwartz serves as CEO. The platform caters to individual entrepreneurs and small businesses, offering one-stop infrastructure covering business setup, payment distribution and operational tools. Currently, around 25,000 merchants conduct business via Whop, generating approximately $550 million in monthly transaction volume on the platform, while also creating income streams for over 50,000 related service providers. Its revenue mainly comes from commissions on platform transactions, with an average combined rate of around 6%.

10 minutes ago

Robinhood officially establishes its presence in Dubai, selecting the Dubai International Financial Centre (DIFC) as its Middle East regional headquarters, with its license application to the Dubai Financial Services Authority (DFSA) also in progress.

Robinhood’s Middle East expansion has shifted from planning to tangible implementation. According to multiple sources, the firm has selected the Dubai International Financial Centre (DIFC) as its regional headquarters for the Middle East and North Africa (MENA) region, and submitted a Category 4 license application to the Dubai Financial Services Authority (DFSA) to secure regulatory approval for offering trading services in the UAE. If approved, Robinhood will serve clients in the UAE and across the broader MENA region, with its operational base located at DIFC.

10 minutes ago

A new SSV proposal aims to slash its budget significantly, shifting from an expansion strategy to "maintenance first".

SSV Labs recently submitted the DIP-59 proposal, requesting an extension of network management authorization to June 30, 2027, along with major adjustments to its budget and work scope. The proposal marks SSV’s shift from an expansion strategy to a “maintenance-first” approach amid market and funding pressures. On the technical roadmap, the second half of 2026 will focus on completing the Boole network fork and supporting Ethereum’s ePBS upgrade; the first half of 2027 will enter a pure maintenance period with no new product development. Financially, SSV Labs has scaled back its funding requests: it is seeking 1.5 million USDC for 2026, and 2.7 million SSV tokens (including an option conversion mechanism) for the first half of 2027. The proposal waives certain previously due outstanding funds and requires a $900,000 asset as payment collateral.

10 minutes ago

Fidelity settles California crypto withdrawal probe for $500,000, requiring advance notice for retail wallet transfers while exempting IRA accounts.

California Attorney General Rob Bonta announced on October 16 that his office has reached a $500,000 settlement with Fidelity Digital Assets, National Association, the successor entity to Fidelity Digital Asset Services. The settlement addresses restrictions Fidelity previously imposed on California retail customers transferring cryptocurrency off its platform, which regulators deemed potentially violated California’s 1990 Commodity Law. Under that statute, certain speculative commodity contracts are restricted unless the buyer obtains physical delivery within a set timeframe, and state authorities view the ability to withdraw cryptocurrency as the functional equivalent of such delivery. From November 2022 to April 2025, California customers could trade cryptocurrency on Fidelity’s platform but were barred from sending assets directly to external wallets. Fidelity attributed the restriction to its then-regulator, the New York State Department of Financial Services (NYDFS), failing to grant required approval. The approval was secured in April 2025, and the transfer function was extended to all California retail customers in June 2025.

10 minutes ago

A crypto whale has been continuously cyclically going long on Ethereum (ETH), adding another 9,000 ETH to its position.

According to on-chain data analyst @ai_9684xtpa, a whale address (0xdeA…a1d5c) that has been using a loop lending strategy to long ETH since the end of September added 9,000 ETH to its position, successfully bringing its average long cost down to $2,553.31. Currently, the address has deposited 18,500.54 WETH (worth around $45.53 million) as collateral on the Aave protocol, borrowed $25.01 million in stablecoins, and holds a position health factor of 1.51. Since September 29, the address has cumulatively withdrawn 12,549.9 ETH (approximately $32.04 million) from Binance through this approach, with its average entry and average add-to-position price range falling from $2,736.47 to $2,460.

10 minutes ago

Sonic Labs will transfer approximately 13 million S tokens via over-the-counter (OTC) transactions.

Sonic Labs announced on social media that approximately 13 million S tokens will be transferred over the next 24 to 48 hours under a strategic over-the-counter (OTC) agreement. The transaction counterparty is a long-term partner. The team is disclosing this information in advance to ensure the community clearly understands the rationale behind the on-chain fund transfer when it is observed on the blockchain.

10 minutes ago

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