Scan to download
BTC $77,164.22 +3.35%
ETH $2,407.98 +3.68%
BNB $645.82 +2.87%
XRP $1.47 +3.12%
SOL $88.32 +0.80%
TRX $0.3266 +0.40%
DOGE $0.0988 +1.83%
ADA $0.2575 +1.81%
BCH $453.74 +1.29%
LINK $9.59 +2.43%
HYPE $44.85 +3.07%
AAVE $114.97 +2.53%
SUI $1.00 +2.38%
XLM $0.1737 +5.31%
ZEC $338.17 +1.72%
BTC $77,164.22 +3.35%
ETH $2,407.98 +3.68%
BNB $645.82 +2.87%
XRP $1.47 +3.12%
SOL $88.32 +0.80%
TRX $0.3266 +0.40%
DOGE $0.0988 +1.83%
ADA $0.2575 +1.81%
BCH $453.74 +1.29%
LINK $9.59 +2.43%
HYPE $44.85 +3.07%
AAVE $114.97 +2.53%
SUI $1.00 +2.38%
XLM $0.1737 +5.31%
ZEC $338.17 +1.72%

10t

OKX CEO Star published a blog to pay tribute to the 10th anniversary of Ethereum, stating that he will firmly work together to build the future on-chain

ChainCatcher news, on the occasion of the tenth anniversary of Ethereum, OKX CEO Star published a blog titled "Ethereum's Tenth Anniversary: My Personal Tribute," reflecting on the journey of growing alongside Ethereum and looking forward to the future of on-chain developments. Star stated that since its establishment in 2013, OKX has always maintained close cooperation with the Ethereum ecosystem and will continue to serve over 100 million users worldwide with world-class products, promoting the realization of a truly decentralized blockchain vision.In the article, he publicly shared his first encounter with Vitalik and admitted that he had underestimated the far-reaching significance of Ethereum's vision, but now highly recognizes its ability to reshape the global financial system and trust mechanisms. Star pointed out that OKX has long adhered to the open and transparent spirit advocated by Ethereum, from launching ZK reserve proof, supporting EIP-7702, to building the Ethereum L2 network X Layer, continuously deeply participating in technological innovation and ecosystem construction.Star believes that Ethereum has become an important infrastructure for the new internet, and OKX will continue to invest firmly in the next decade, working hand in hand with developers to build a more global and trustworthy on-chain world.

first_img 10T Holdings: A large number of crypto startups scare off venture capital firms with valuations of 50 to 80 times

ChainCatcher news, according to Cointelegraph, 10T Holdings CEO Dan Tapiero stated at the Consensus conference that there is a widespread issue of overvaluation among current cryptocurrency startups, with many companies seeking funding at valuations 50-80 times their revenue, far exceeding reasonable limits. The firm has thus rejected over 200 projects, including well-known companies like the bankrupt FTX, BlockFi, and Celsius. Tapiero indicated that they prefer to invest in projects with valuations between $400 million and $500 million, with a valuation-to-revenue ratio not exceeding 10 times.Market data shows that despite concerns about valuation bubbles, the total amount of venture capital transactions in the cryptocurrency sector reached $6 billion in the first quarter of 2025, a more than 100% increase quarter-over-quarter. Pantera Capital CEO Dan Morehead shared his investment strategy at the conference, noting that 86% of their investment projects have achieved positive returns, with 22 becoming unicorn companies. Morehead suggested adopting a diversified strategy of equity and token combination investments to mitigate market volatility risks.Industry analysts pointed out that the current cryptocurrency financing market shows a clear trend of differentiation: on one hand, overvalued projects face difficulties in securing funding, while on the other hand, high-quality projects continue to attract capital. This pattern reflects investors' increasingly rational judgments regarding project quality and valuation.
app_icon
ChainCatcher Building the Web3 world with innovations.