Headlines

Catapult Trade Names Its Backers as Total Raised Reaches $6.6 Million Ahead of $PULT TGE

KuCoin Ventures, Oddiyana Ventures, and Venture Vault VC are among the investors behind Catapult Trade, the company confirmed following the close of its fourth funding round. Summary Catapult Trade says four funding rounds raised $6.6 million before its planned PULT token launch. KuCoin Ventures, Oddiyana Ventures and Venture Vault VC participated alongside unnamed funds, traders…

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Caterpillar is bringing to AI deployment what it learned from automating mining

Nearly every company that’s trying to deploy artificial intelligence runs into the same problem: it’s hard to integrate the tech into everyday operations. Industrial heavyweight Caterpillar has spent decades dealing with a version of that problem in the physical world, and now it’s using its experience to deploy AI. Caterpillar’s push into the autonomous space…

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Ripple mints 11M RLUSD as supply tops $2.3B

Ripple recorded another round of RLUSD treasury activity on Aug. 31, including an 11 million-token mint and a separate 11 million-token burn. Summary 11 million RLUSD was minted and 11 million burned at treasury addresses on August 31. CoinGecko placed RLUSD’s circulating supply and market capitalization near $2.37 billion on August 31. Ripple reported $1.87…

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$75M in Assets Reportedly Affected

Tectonic’s assets plunged from about $121 million to $3 million after an exploit targeted its thinly traded TONIC token. Cronos halted its blockchain on Sunday after an exploit hit Tectonic, which happens to be its largest lending protocol. Experts estimated that roughly $75 million in assets were affected. So far, no timeline has been…

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