Author: Lalit Mohan
MicroStrategy spends $786 million purchasing an extra 11,931 bitcoin
According to a report on Thursday, business intelligence company and corporate bitcoin holder MicroStrategy purchased an extra 11,931 BTC -0.79% for roughly $786 million, or an average price of $65,883…
Through a token sale, modular blockchain Particle Network raises $15 million
Particle Network, a modular blockchain developer focused on chain abstraction technology, has raised $15 million in a Series A funding round. The Spartan Group and Gumi Cryptos Capital co-led the…
An expert claims that spot ETF basis trades are responsible for an 80% increase in CME bitcoin futures open interest
Because institutional investors are using spot bitcoin exchange-traded funds (ETFs) and the CME bitcoin futures market for basis trades, open interest has surged dramatically. According to Gabriel Selby, principal research…
Midas launches mBASIS, a new yield-bearing coin, to compete with Ethena
mBASIS is a brand-new yield-bearing token that Midas, a tokenization platform supported by Coinbase Ventures and other investors, has introduced. Midas announced on Thursday that mBASIS is an ERC-20 token…
To introduce Solana ETP in Canada, 3iq applies
A request to introduce the first Solana SOL -0.58% exchange-traded product (ETP) in Canada has been made by the investment firm 3iQ. According to a statement released by 3iQ on…
Stani Kulechov of Aave is seeking $50 million for Lens Protocol at a $500 million valuation
According to persons familiar with the negotiations, Stani Kulechov, the founder and CEO of Avara, is contacting US venture capital firms in an attempt to obtain further money for Lens…
Trezor Unveils the “Safe 5” Hardware Wallet, which includes a version that is exclusive to Bitcoin
The Trezor Safe 5, which costs $169, has a larger color touchscreen with haptic feedback, an advanced secure element that satisfies EAL 6+ certification requirements, and the ability to share…
Ethena improves the ENA tokenomics with stronger forced vesting and additional use cases
It has been made public that Ethena Labs’ native token, ENA, has undergone a significant modification in tokenomics. It is now required that at least half of the claimable tokens…
You Will Soon Be Able to Get “Heroes of Mavia” Ethereum Token for iOS and Android
Heroes of Mavia, an iOS and Android mobile game that resembles a Clash of Clans with a cryptocurrency theme, revealed this past weekend that it has entered Phase 2: Next…
OpenSeason, the Ethereum game that resembles Fortnite, has revealed a token airdrop
OpenSeason’s developers, who created the crypto-themed battle royale shooting game based on Ethereum NFT access tickets, disclosed on Monday the specifics of the studio’s impending token airdrop to participants, revealing…
A free NFT mint event is a component of Doodles Stoodio’s move to Base
The move of Doodles Stoodio from Flow to Coinbase’s Base network is expected to improve transaction affordability and speed. A free Base NFT mint event is also part of the…
The Floki Name Service is now available only on the BNB Chain Mainnet
Floki Name Service, an inventive, fully decentralized, adaptable domain name system, is now formally available only on the BNB Chain mainnet. By allowing users to generate unique.floki domain names, the…
Nearly $20 Million Platform Loss Is Caused by UwU Lend Exploit
A severe attack that targeted the UwU Lend protocol on Monday, June 10, resulted in the loss of about $20 million in an ongoing cryptocurrency exploit. UwU Lend Steal $20…
After a mid-April low, Privacy Coin XMR rises 37% in 30 days
The Volume of Monero Trades Doubles in a Day Monero (XMR), which saw a protracted fall and a notable bottom in mid-April, has since rebounded. For example, the price of…
The multisig protocol based on Solana Squads introduces a retail wallet app and raises $10 million, Fuses
The company behind Squads Labs, the primary developer of the multisig protocol Squads, which is built on Solana, has secured $10 million in a Series A fundraising round and released…
‘Crypto: The Game’ is acquired by Uniswap Labs prior to its third season
Uniswap Labs has acquired Crypto: The Game, an on-chain competition akin to Survivor, in anticipation of the release of the game’s upcoming season. Fortune Magazine said on Monday that Uniswap…
‘Fault proofs’ are implemented by OP Mainnet to reinforce rollup decentralization
In terms of decentralization, OP Labs has advanced the project to a stage 1 rollup with the publishing of fault proofs on the Layer 2 blockchain, OP Mainnet. Users can…
UK cryptocurrency ETN trading volumes are minimal, but 21Shares claims that retail access would be a “game changer”
Following its approval by the Financial Conduct Authority, the country’s financial regulator, and their May 28 launch on the London Stock Exchange, low trading volumes have been seen in UK…
South Korea’s Bitcoin Premium Is Rising, Mirroring High Local Demand
Bitcoin Premium in South Korea Rises After Recent Low After almost reaching 10% in mid-April, bitcoin’s (BTC) famed premium in South Korea just fell below 1%. According to recent research,…
Ethereum developers confirm the addition of EIP-7702 and PeerDAS to the Pectra update
Anthony Sassano, an Ethereum educator, has announced that Ethereum developers have verified a list of Ethereum Improvement Proposals (EIPs) to be added into the Pectra upgrade. The EIPs EIP-7702, EIP-7594…