Altcoin Listed on Major Exchanges Announces Significant Investment: Falling Price Drops Further
Grass (GRASS), the Decentralized Physical Infrastructure Network (DePIN) project operating within the Solana ecosystem, raised $10 million in a bridge investment round led by Polychain Capital and Tribe Capital. The investment primarily consisted of token purchases.
Grass has previously closed both a seed and Series A funding round. The project aims to allow users to sell their idle internet bandwidth, allowing data to be shared under user control rather than being collected by large corporations for profit.
Grass co-founder Andrej Radonjic said in a statement, “Grass is a piece of technology that gives companies access to data at an unprecedented scale. The possibilities that can be built upon it are virtually endless. We plan to develop new solutions, especially around live context.”
According to Radonjic, AI companies currently scrape data to train their models, often using search engines. However, this method is limited by scalability and access barriers. Grass offers an alternative infrastructure that provides internet-scale data access.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
CryptoAppsy: Experience Instant Access—No Registration Needed, Perfect for Fast-Moving Markets
- CryptoAppsy offers real-time crypto price tracking and alerts via iOS/Android, requiring no account creation, targeting global users in Turkish, English, and Spanish. - Market volatility drives demand for instant data, contrasting with subscription-based models, as seen in GoPlus's 717M monthly API calls and WEEX's 100% APR promotions. - Competitors like BI DeFi emphasize security upgrades post-$15B breach, highlighting crypto's growing focus on risk mitigation alongside innovation. - CryptoAppsy's succe
Ethereum Latest Updates: Buterin's Railgun Transaction Ignites Privacy and Pre-Sale Discussion as ETH Reaches $3,000
- Vitalik Buterin transferred $2.9M ETH to privacy protocol Railgun as Ethereum surged past $3,000, triggering speculation about liquidity events. - On-chain analysts highlight Railgun deposits' historical link to pre-sale activity, though Buterin's 0.4% stake transfer doesn't inherently signal selling. - Buterin's $738.6M ETH holdings and recent privacy advocacy, including his "privacy is hygiene" stance, frame the transaction's strategic context. - Market reactions remain divided between regulatory hedgi
Thailand Closes Worldcoin Due to Unlawful Exchange of Biometric Data for Cryptocurrency
- Thailand ordered Worldcoin to halt operations and delete biometric data from 1.2 million users, citing PDPA violations involving iris scans for crypto tokens. - Authorities raided a Bangkok scanning center in October 2025, arresting employees for operating an unlicensed exchange and highlighting data leakage risks. - Worldcoin paused services in Thailand, denying wrongdoing, while the WLD token dropped to $0.6172 amid global regulatory crackdowns in Colombia, Spain, Brazil, and Kenya. - Regulators worldw
ALT5 Sigma’s Strategic Shift in Crypto: Regulatory Changes, Firm Belief, and Declining Investor Trust
- ALT5 Sigma's shift to a digital asset treasury model triggered an 80% stock plunge amid regulatory scrutiny and leadership turmoil. - U.S. regulators probed abnormal trading patterns while the CEO's suspension and Rwanda's money laundering conviction remained undisclosed. - Shareholders accuse the Trump-backed WLFI partnership of a "money grab," as the token dropped 34% post-listing. - The controversial DAT strategy faces skepticism for enabling large token holders to manipulate markets without direct pr
Trending news
MoreCrypto prices
More
