Sei Foundation, the organization supporting the Layer-1 blockchain Sei, has revealed a new US non-profit, Sei Development Foundation, establishing its headquarters in New York. The post Sei Establishes US Non-Profit Foundation, Opens New York Office appeared first on Cryptonews.

The New York-based Sei Development Foundation will support the growth of the Sei protocol and advance crypto innovation in the U.S.

FLOKI's holders might expect some interesting price action in the next few hours.

Sei Foundation revealed its plans to acquire 23andMe on a mission to protect the genetic data of millions of US users. 23andMe raised concerns across the US after announcing its bankruptcy.

FLOKI's market movement is in the favour of the bears right now.

Sei Blockchain, the layer-1 chain in a significant bet towards the developing concept of decentralised science, has announced the acquisition of 23andMe after the latter filed for the Chapter-11 Bankruptcy. The California-based genetic testing and biotech company, 23andMe, has been offering DNA testing via saliva samples for millions of Americans since 2007.

TL;DR Sei Foundation is considering acquiring 23andMe after its bankruptcy filing, aiming to protect the genetic data of millions of users using blockchain technology. The proposal empowers individuals by giving them full control over how their genetic information is stored, shared, and monetized.

The Sei Foundation, the nonprofit behind the Sei (SEI) layer-1 blockchain, is considering acquiring bankrupt personal genomics giant 23andMe. The goal? To bring the genetic data of 15 million users onto blockchain rails, ensuring privacy, ownership, and control in what its calling its boldest DeSci bet yet.

The Sei Foundation is exploring the acquisition of 23andMe, a bankrupt genetic testing company, with plans to bring its data infrastructure onto the Sei blockchain. In a statement released on March 27, the Foundation revealed that the acquisition would mark a significant step toward protecting genetic data through on-chain solutions.

Sei Foundation revealed plans to acquire genetic testing firm 23andMe, which filed for bankruptcy early this week. The potential deal aims to revolutionise genetic data security and privacy using blockchain, guaranteeing user authority over sensitive details. The company said: We believe user data sovereignty is a matter of national security.

After 23andMe declared bankruptcy in the United States on March 23, 2024, the Sei Foundation, linked to the Sei blockchain network, announced its intention to consider acquiring the genetic testing company. The goal would be to protect the privacy of the genetic data of about 15 million users, offering them ownership and direct control of the information through secure and encrypted blockchain tools. The project, announced in a post published on March 27 on the official X account of the Sei network, aims to address an issue of growing importance: the security of bio-genetic data in the digital age, especially in contexts of financial instability like the current one of the American biotech company.

Sei Foundation considers acquiring bankrupt genomics firm 23andMe, saying it wants to protect the genetic privacy of 15m Americans by securing their data on blockchain. The post Sei Foundation Eyes 23andMe Buyout to Secure Genetic Data On Blockchain appeared first on Cryptonews.

The foundation behind the layer-1 blockchain, Sei, announced it was exploring the acquisition of the genetic testing company 23andMe after the firm filed for bankruptcy.In a March 27 X post, the Sei network said its foundation was considering purchasing 23andMe “to defend the genetic privacy of 15 million Americans” by putting the company's data on the blockchain. According to the foundation, if it acquires the biotechnology company, it plans to deploy all the genetic information on the blockchain and “return data ownership to users through encrypted, confidential transfers.

23andMe, the genetic testing company that went public in 2021, announced on March 23 that it was filing for Chapter 11 bankruptcy.

If the acquisition proceeds, the foundation plans to integrate 23andMe's data onto its blockchain and give users ownership of their genetic data.

FLOKI has been attempting to recover from recent price losses, but its efforts are hindered by weak investor support.

Floki (CRYPTO: FLOKI) is gaining traction as major meme coins Dogecoin (CRYPTO: DOGE), Shiba Inu (CRYPTO: SHIB) and Pepe (PEPE) rally. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Floki (CRYPTO: FLOKI) $0.00007192 $692.4 million +7% +15.5% Dogecoin (CRYPTO: DOGE) $0.1970 $29.3 billion +3.7% +14.1% Shiba Inu (CRYPTO: SHIB) $0.00001473 $8.7 billion +8.5% +15% Trader Notes: Prominent trader Unipcs emphasized that meme coins are outperforming other sectors, proving they are here to stay despite skepticism.

Cryptocurrency prices started the week well as investors turned bullish on risky assets like stocks. This rebound was driven by news that Donald Trump was more flexible on tariffs ahead of his “Liberation Day” on April 2. This article provides forecasts for some popular cryptocurrencies like Floki (FLOKI), Chainlink (LINK), and Binance Coin (BNB).

The new week on the cryptocurrency market began with a fresh update from the world's largest exchange, Binance. It was mainly about meme coins.

Influential cryptocurrency trader Glauber Contessoto, popularly known as SlumDOGE Millionaire, predicted a bullish future for Floki (CRYPTO: FLOKI) on Sunday, describing it as the “most undervalued.” What Happened: In an X post, Contessoto emphasized that FLOKI, being the “biggest meme coin” on BNB Chain (CRYPTO: BNB), shouldn't be taken lightly.

FLOKI price breakout gains momentum as bullish technical patterns emerge and investor interest surges.

Cryptocurrency trader and analyst Ali Martinez is leaning bearish on the memecoin FLOKI (FLOKI). Martinez tells his 133,600 followers on the social media platform X that FLOKI has formed a flag pattern on the three-hour time frame.

The meme coin market is slowly bottoming, with top meme coins showing the best returns for traders. What Happened: According to on-chain analytics from Into The Block, the meme coin market cap has returned to Q3 2024 levels, which were the lowest since early 2024 levels.

Dogecoin (DOGE) and Shiba Inu (SHIB), the two largest meme cryptocurrencies (dog-coins) by market capitalization, are both in worst performer list today. Meanwhile, once-leading meme coins like Floki (FLOKI), Dogwifhat (WIF) or Murad's pick SPX6900 (SPX), are losing steam in the top 100.

Crypto exchange Coinbase has announced the delisting of FLOKI (FLOKI), Turbo (TURBO), and Gigachad (GIGA) in New York starting April 14th.

This unexpected boost has industry watchers speculating about the next potential breakout. Could XYZ be on the brink of a similar rise?

Floki (CRYPTO: FLOKI) is gaining momentum as speculation of problems with trading the meme coin on Coinbase has been disspelled. What Happened: In an X post on Friday, Floki dismissed rumors of a Coinbase delisting, confirming that the platform is only halting trading in New York—a region that accounts for just 2-5% of FLOKI's volume on Coinbase.

Sei's price has been in a strong downward trend over the past few months, but technical and fundamental indicators suggest that a rebound may be possible. Sei (SEI), a layer-1 token, dropped to a low of $0.

Coinbase announced it will block trading activities in New York for FLOKI, TURBO, and GIGA. This change will take effect on April 14, 2025, at 2 PM ET.

US President Donald Trump's World Liberty Financial has purchased 541,242 SEI tokens for 100,000 USDC.

SEI cryptocurrency price jumped 7.3% after Donald Trump's DeFi venture World Liberty Financial purchased 541,242 tokens for $100,000

Donald Trump's DeFi project World Liberty Financial continues fresh crypto, acquiring another 541,242 SEI coins. This news was enough to push the SEI price up by 7.3% while the broader crypto market consolidates.

Last night, Coinbase announced its intention to delist three popular tokens – Floki Inu ($FLOKI), Turbo ($TURBO), and GigaChad ($GIGA) – for its New York users, increasing ongoing concerns over regulatory scrutiny and the future of meme coins in the U.S. market.

Coinbase announced that it has suspended trading for memecoins Floki (FLOKI), Turbo (TURBO), and Gigachad (GIGA) in New York only starting April 14, 2025, at around 2 PM ET. The crypto exchange said their recent asset review indicated the need to ensure compliance with its listing standards.

Coinbase halts memecoin trading in New York as regulatory pressures mount.

One of the largest U.S.-based cryptocurrency exchanges, Coinbase, has just announced a decision that has left investors stunned. The exchange is set to suspend trading for three popular memecoin in New York. With uncertainty in the air, market reactions have already started to show as coin prices have seen a sharp drop in value.

Coinbase is now working with 145 U.S. government agencies and 29 international ones amid a rapidly shifting cryptocurrency regulatory landscape. According to a Mar. 13 post on X by Coinbase CEO Brian Armstrong, the launch of the U.S.

Prices for Floki, Turbo, and Giga were little changed despite Coinbase announcing the suspension of trading on its platform in New York.

Sei's Giga upgrade introduces the Autobahn consensus mechanism, promising rapid transaction finality and robust infrastructure for global markets. Explore its potential impact on traditional asset tokenization.

Floki whales are back to buy the dip after the memecoin declined to a yearly low.

Floki's key support in price action is confirmed by the fact that it sits on the lower range of the most significant zone between $0.000024 and $0.000036.

The SEI network marks a significant rise in DEX volume to hit a record volume of $65 billion. However, it fails to reflect demand to drive the SEI market price higher. Will the altcoin manage a breakout rally amid rising DEX volumes?

Steady selling volume and bearish market sentiment meant FLOKI remained in a firm downtrend.

As the cryptocurrency segment slowly recovers from yesterday's devastating drop, the meme cryptos segment sends mixed signals to bulls. While the majority of dog-themed meme coins remain in red, some already got back to surging.

Floki Inu has created history with its mind blowing hold over the world. The financial system was revolutionized when Floki Inu started climbing the ladder.

Following a bearish patch for weeks, SEI is positioning itself as a high potential altcoin to lead the market reversal. With a potential breakout rally ahead, is SEI the best token to buy right now?

On-chain data shows Floki is among the altcoins seeing the largest spike in whale activity, a sign that could be bullish for the memecoin's price.

Sei (SEI) is recognized as the first sector-specific Layer 1 blockchain, designed specifically to enhance the performance of decentralized exchanges (DEXes) within the blockchain ecosystem. Sei's main focus is optimizing trading processes, offering exchanges a competitive edge by meeting the high demands of DEXes and also supporting asset trading and NFTs.