Today's top gainer is Chiliz with a +9.32% price increase. Bitcoin down by -1.12% in the last 24 hours. The coin of the day is Chiliz. The total market cap decreased
2026/05/17
The post Strategic $9.8M Move Signals Powerful Confidence In AI Hedge Fund Future appeared on BitcoinEthereumNews.com. Numeraire NMR Buyback: Strategic $9.8M Move
2026/01/31
BitcoinWorld Numeraire NMR Buyback: Strategic $9.8M Move Signals Powerful Confidence in AI Hedge Fund Future In a bold move underscoring its financial health and
Cryptsy - Latest Cryptocurrency News and Predictions Cryptsy - Latest Cryptocurrency News and Predictions - Experts in Crypto Casinos For those exploring crypto
2026/01/29
Ethereum co-founder Vitalik Buterin has made a surprising statement regarding network security, arguing that the blockchain can afford to lose finality occasionally without serious risk. However, while Ethereum can survive hiccups, retail traders often cannot afford the volatility that comes with them. As Bitcoin bleeds and uncertainty reigns, investors are searching for the best crypto [...] The post Best Crypto to Buy Now for 2026 and Beyond: Vitalik Buterin Brushes Off Finality Fears, with Investors Expecting Astronomic Profits from DeepSnitch AI appeared first on Blockonomi.
2025/12/11
The post NMR token Soars as Numerai Raises $30M at $500M Valuation appeared on BitcoinEthereumNews.com. Numerai raised $30 million in a Series C round led by top university endowments, giving the AI-driven, crypto-incentivized hedge fund a $500 million valuation — five times its valuation in 2023. Following the announcement, Numeraire (NMR), the token that powers the platform’s crowdsourced prediction network, jumped over 40%, according to CoinGecko data. Source: CoinGecko The raise drew participation from existing backers such as Shine Capital, Union Square Ventures and Paul Tudor Jones. The company said it has expanded assets under management (AUM) to $550 million from about $60 million over the past three years, including about $100 million in the last month. Its Meta Model posted a 25.45% net return in 2024 with one down month. Founded in 2015, Numerai is a San Francisco–based quantitative hedge fund that crowdsources machine-learning models from thousands of anonymous data scientists worldwide. Its native token, NMR, underpins the system by allowing participants to stake on their predictions, earning NMR when their models perform well on real market data and losing it when they don’t. The funding round comes after the company secured a $500 million commitment from JPMorgan Asset Management in August, which it aims to deploy over the next year. Related: Tether mulls $1.15B deal with AI robotics startup Neura: Report The rise of AI agents Numerai’s funding round comes as artificial intelligence becomes increasingly embedded in crypto infrastructure. AI agents are part of that shift, acting as autonomous programs that can monitor markets, process data and execute blockchain actions on their own. In October, Paxos Labs co-founder Bhau Kotecha said AI agents could become the “X-factor” in stablecoins, routing liquidity to the most efficient issuers. Rather than people driving adoption, he argued that autonomous systems could rapidly shift funds across chains, turning market fragmentation into an advantage. One company supporting that vision…
2025/11/22
[PRESS RELEASE – San Francisco, USA/CA, November 20th, 2025] Numerai, a San Francisco–based hedge fund and data science tournament uniting machine learning, decentralized finance, and cryptocurrency incentives, today announced a $30 million Series C financing round led by top university endowments. The round values Numerai at $500 million, five times its 2023 valuation. J.P. Morgan […]
2025/11/21
The post Crunch Lab Secures $5M Funding Co-Led by Galaxy Ventures appeared on BitcoinEthereumNews.com. Key Points: $5M raised in latest round co-led by Galaxy Ventures. Funds scale CrunchDAO’s AI infrastructure. Total funding reaches $10M with institutional backing. Crunch Lab, a key contributor to CrunchDAO, secured a $5 million financing round on October 7, 2025, co-led by Galaxy Ventures and Road Capital, advancing its intelligence infrastructure. This funding supports CrunchDAO’s AI crowdsourcing model, reflecting investor confidence in its potential to revolutionize enterprise intelligence applications. Crunch Lab Raises Total Funding to $10 Million Crunch Lab, a key player in AI, successfully secured a $5 million funding round, co-led by major industry investors Galaxy Ventures and Road Capital. This move builds on a substantial $3.5 million seed round earlier, raising total funding to $10 million. The fresh capital is expected to be strategically allocated to scale CrunchDAO’s AI infrastructure, focusing on its capacity to deliver enterprise-grade intelligence solutions. This development signifies the project’s potential and commitment to accelerating AI advancements. “Crunch Lab is building an intelligence layer for global enterprises. Whether it’s predicting asset prices, optimizing energy needs, or advancing medical diagnostics, CrunchDAO’s crowdsourcing model enables smarter and faster decision-making,” said Will Nuelle, General Partner, Galaxy Ventures. Industry Comparisons Highlight Strategic AI Positioning Did you know? Historically, similar funding events within AI and Web3 spaces, such as with Ocean Protocol and Numerai, have catalyzed enhancements in data models and enterprise solutions. Numeraire (NMR) is currently trading at $15.80 with a market cap of $120 million, according to CoinMarketCap. It has seen a 108.57% increase over 90 days, although a 3.98% decline was noted in the last 24 hours. Numeraire(NMR), daily chart, screenshot on CoinMarketCap at 23:55 UTC on October 7, 2025. Source: CoinMarketCap Coincu research suggests this round places Crunch Lab at a strategic advantage in AI deployment, possibly leading to advancements in enterprise applications. Developing technologies…
2025/10/08
The post J.P. Morgan backs Numeraire with $500 mln – NMR sees 138% rally appeared on BitcoinEthereumNews.com. Journalist Posted: September 7, 2025 Key Takeaways
2025/09/07
The post Numerai Founder Highlights $20 Million TVL Discrepancy in Numeraire appeared on BitcoinEthereumNews.com. Key Points: Numeraire’s actual TVL is $20 million, not $4 million as reported by CoinMarketCap. JPMorgan invests $500 million in Numerai’s AI hedge fund model. The unique staking mechanism affects accurate reporting and investor perceptions. Numerai founder Richard Craib addressed inaccuracies in reporting the Total Value Locked (TVL) for Numeraire, highlighting CoinMarketCap’s $4 million display versus the actual $20 million. This discrepancy underscores the need for precise data in evaluating project health, affecting investor perception and Numeraire’s market standing. Market Reactions and Potential Regulatory Interest Richard Craib publicly addressed a discrepancy in the reported Total Value Locked (TVL) for Numeraire (NMR). While CoinMarketCap lists the TVL as $4 million, Craib clarified it is actually $20 million. “Due to the unique nature of our staking mechanism, most websites display incorrect Total Value Locked (TVL) for NMR. For example, CoinMarketCap shows $4 million, but it’s actually around $20 million.” The unique staking mechanism of NMR is cited as the cause. Community and market reactions include acknowledgment of the potential impact this revelation might have on stakeholding strategies. Richard Craib’s statement on Twitter serves as a reminder of discrepancies in cryptocurrency data reporting. Market Data and Insights Did you know? Accurate reporting in DeFi is crucial for maintaining investor confidence and market stability. According to CoinMarketCap, Numeraire (NMR) is valued at $20.87 with a market cap of $158.25 million and a fully diluted market cap of $229.54 million. The 24-hour trading volume surged by 232.90% to $550.18 million. The coin reported notable price increases over various durations: 24.61% in 24 hours, 38.92% in 7 days, and 138.50% in the last 30 days. Numeraire(NMR), daily chart, screenshot on CoinMarketCap at 11:08 UTC on September 7, 2025. Source: CoinMarketCap Recent involvement from JPMorgan, with its $500 million allocation to Numerai’s innovative hedge fund model, is…