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.

Kaito AI has introduced a new approach to its latest airdrop initiative, leveraging artificial intelligence to evaluate long-term supporters without requiring specific user tasks.

The Pi Network suffered a 20% depreciation that lowered its value to $0.90 but it now shows indicators of recovery by climbing 10% above the $1 support level. Other Pi Network rivals such as Kaito, AI16Z, Fartcoin, and SPX are starting to attract more attention despite facing challenges in the market.

On March 15, 2025, Kaito AI, an artificial intelligence-powered platform for crypto market analysis, and its founder, You, fell victim to a social media hack on X (formerly Twitter). The attackers gained control of the account and falsely claimed that Kaito AI's wallets had been compromised, warning users that their funds were at risk.

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

Kaito AI, an artificial intelligence-driven platform providing crypto market analysis, and its founder, Yu Hu, were targeted in a social media hack on X on March 15. The post Kaito AI and Founder Yu Hu Fall Victim to X Social Media Hack appeared first on Cryptonews.

Kaito AI and Yu Hu's X accounts were hacked on March 15 to spread false claims. Hackers aimed to crash KAITO's price by spreading panic among investors.

The crypto ecosystem is characterized by the decentralization of information, with data fragmented across multiple platforms and formats. This dispersion makes it difficult to access reliable and up-to-date analysis, which poses a challenge for both investors and developers.

The panic-driven sell-off sent the KAITO token price swinging nearly 20% before recovering.

Hackers took control of Kaito AI's official account and its founder, Yu Hu's account. Both accounts were then used to spread false information.

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Kaito AI, an artificial intelligence-powered platform that aggregates crypto data to provide market analysis for users, and its founder Yu Hu, were the victims of an X social media hack on March 15.In several now-deleted posts, hackers claimed that the Kaito wallets were compromised and advised users that their funds were not safe. According to DeFi Warhol, the hackers opened up a short position on KAITO tokens before posting the messages in the hopes that users would sell or pull their funds, which would have crashed the price and created profits for the threat actors.

The token dipped nearly 10% on Saturday before recovering after Kaito and its founder regained control over their X accounts.

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.

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.

The Kaito project, merging AI and data analysis, launched its KAITO token in February 2025 through an airdrop. While the token's listing generated a lot of hype, the distribution method has left the community with mixed reactions.

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.

New data from the market intelligence firm IntoTheBlock reveals that the long-term growth of an artificial intelligence (AI)-focused altcoin is on track.

Kaito AI has ranked Paradigm as the top-performing crypto venture capital (VC) firm over the past 12 months, posting an 11.80% performance metric. The post Paradigm Leads VC Game with 11.80% Performance Over the Last 12 Months: Kaito AI appeared first on Cryptonews.

Crypto prices have made solid gains today, March 5, 2025. The total crypto market cap is back above $3 trillion and Bitcoin reclaimed $90,000 briefly before retreating to around $89,000.

The cryptocurrency market is witnessing a robust rebound, with Cardano (ADA), KAITO, and Dohrnii (DHN) emerging as standout performers. Cardano has soared 64% from its recent low, fueled by regulatory optimism, while KAITO's 22.7% surge reflects strong buying pressure. Meanwhile, Dohrnii has skyrocketed 118.1%, driven by explosive trading volume.

Key Takeaways Kaito's open interest has jumped 88.96% to $139.64 million, reflecting growing interest in the altcoin. The bullish volume signals that most traders expect further price recovery. Technical indicators on the 4-hour chart indicate $KAITO may be developing a bullish reversal pattern.

Kaito surged by 26%, fueled by its listing on Upbit, adding to its growing presence on major centralized exchanges.

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?

KAITO has recently experienced a slight drop from its all-time high (ATH) of $2.92, which it reached just two days ago. The altcoin is now attempting to reclaim that peak, but the broader market cues are exerting downward pressure.

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?

While Bitcoin remains below the supply zone around $90k, bulls have seen BTC bounce from lows of $82k hit on Wednesday as cryptocurrencies crashed. Despite the lingering economic concerns and tariffs, Bitcoin has reclaimed the $86k area. Several altcoins have also held up at key support levels, including Ethereum, XRP and Solana.

As the crypto market remains unstable, a sharp downturn triggered $1.1 billion in liquidations over the past 24 hours. BTC dropped below $87K, dragging other major altcoins lower.

As the broader crypto market continues its decline today, some altcoins have stood out, gaining attraction from traders and investors alike.

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.

After Donald Trump's World Liberty Financial took a strategic position in SEI worth $125K, the DeFi token has been on a bounce back. Aiming for the $0.30 resistance, will the SEI price continue to rise towards $0.50?

Binance unveiled a vital update on the tokens KAITO, SOL, ETH, BNB, TST, TRUMP, and TRX this Monday, nabbing investor attention globally. The crypto exchange behemoth is expanding spot trade offerings for these tokens whilst also adding new trade services for them.

Story Highlights The SEI live Price is . Sei price could reach a high of $1.12 in 2025. The Sei coin price with a potential surge, could hit $4.17 by 2030. Recognized as the first sector-specific Layer 1 (L1) blockchain, Sei represents a pioneering approach within the blockchain ecosystem.

The cryptocurrency token SEI has actually stood out as a noteworthy example of market endurance, which was further confirmed by this token posting a solid 16% within the previous week. Related Reading: Dogecoin Whales Go On A 110-Million Memecoin Buying Spree—What's Next For DOGE?

Sei (SEI) has garnered attention as the first sector-specific Layer 1 blockchain, designed to optimize decentralized exchanges (DEXes) and provide faster trading experiences. Sei's innovation has positioned it as a prominent player in the blockchain ecosystem, offering better trading processes and increased performance for DEXes.

The cryptocurrency market has continued its upward momentum, marking another day of gains as bullish sentiment strengthens across multiple assets.