Author: Lalit Mohan
Crunch Lab’s $3.5 million seed funding is led by Multicoin Capital
Multicoin Capital, an investment business specializing in cryptocurrency, spearheaded Crunch Lab’s $3.5 million startup funding campaign. Factor cash, Fabric VC, and Elixir Capital all participated in the round, increasing the…
Blockchain Technology is About to Revolutionize with a Major Ethereum Upgrade
With the upcoming Pectra upgrade, which combines the Prague and Electra improvements, the Ethereum ecosystem is about to undergo a dramatic change. This update, which is slated to be released…
POPCAT Returns to the Top 100 and Highlights Solana Meme Coins
Throughout the year, there has been a lot of interest in meme currencies created on Solana. These tokens had been neglected lately, but today they were once again included in…
Dydx Announces a Significant Chain Upgrade with New Features
Dydx to Introduce Megavault and Permissionless Market Listings in Upcoming Chain Reorganization The release states that permissionless market listing—a feature that lets users build new markets without needing governance approval—will…
Binance Reaches a $1.7 million settlement with Brazilian Securities Regulators
A noteworthy development is that Binance has consented to resolve an ongoing inquiry into its improper futures trading in Brazil by paying the Brazilian Securities and Exchange Commission (CVM) 9.6…
$9 million is secured by Rivalz Network to advance AI and Intel infrastructure
With the goal of creating the first AI Intel Layer, Rivalz Network has secured $9 million in recent fundraising rounds. Rivalz is at a turning point in the development of…
EigenLayer is adding ERC-20 tokens as restakable assets and testing permissionless token support
EigenLayer, an Ethereum restaking project, is expanding the protocol’s support for permissionless tokens. According to Eigen Labs, in a post to X, this feature will allow any ERC-20 token to…
TON and Pyth Network work together to improve real-time data streams for DeFi and gaming
The Open Network (TON) and Pyth Network joined, the latter company announced on Wednesday. Pyth’s oracle service, which enables users to obtain pricing data on-demand, is the primary focus of…
A $15 million Series A round is raised by the stablecoin-based international payment service Sling Money
Sling Money, a digital payments firm, revealed on Wednesday that it has secured $15 million in Series A funding. Union Square Ventures, Ribbit Capital, and Slow Ventures led the Series…
Aurora releases new products that link NEAR and Bitcoin
In a press release on Tuesday, Aurora Labs—a group devoted to building the Aurora ecosystem—unveiled Bitcoin Light Client and Relayer, two new tools designed to connect the NEAR protocol and…
Coinbase Returns to Hawaii’s Market as the State Removes All Controls
Hawaii residents will once more be allowed to use Coinbase, the business announced on Wednesday. For years, the state’s long-standing regulations have barred residents from accessing most cryptocurrency exchanges. Faryar…
“TapSwap” on Telegram Introduces City Builder Mode Associated with TON Token Airdrop
Tens of millions of people have played the Telegram game TapSwap in the months leading up to a scheduled token launch and airdrop on The Open Network (TON). With the…
The Arbitrum Community Will Soon Use ARB Staking
To provide the ARB token more usefulness and boost its onchain usage, the Arbitrum community is voting to start staking. After receiving permission, Arbitrum would produce a liquid staking token…
New Poll: 18% of Democrats Have Purchased Bitcoin, with More to Come
According to a Paradigm Policy Lab survey, Democratic voters are becoming more receptive to cryptocurrencies, which might change the course of the next presidential election. 804 Democratic voters who are…
Because of Bitcoin’s cautious structure, the Runes protocol faces difficulties generating revenue from fees
The fee share of the Runes protocol on Bitcoin is moving lower to 8.37%, getting closer to its all-time low of 2.16%. This indicates that the protocol is beginning to…
Centered on intent Series A investment of $11 million is raised by Ethereum L2 Essential
In a Series A financing round headed by Archetype, Essential, an intent-centric Ethereum Layer 2 blockchain developer, raised $11 million. The Spartan Group, IOSG Ventures, Amber Group, Maven 11, and…
Nearly $200 million worth of cryptocurrency ETF holdings, led by ETHE, are disclosed by DRW
In its most recent Form 13F filing with the U.S. Securities and Exchange Commission, Chicago-based high-frequency trading firm DRW Holdings revealed that it now holds at least $195 million worth…
Aelf and ChainGPT Collaborate to Integrate Cutting Edge AI Technologies
In order to integrate cutting-edge artificial intelligence (AI) technologies like chatbots, non-fungible token (NFT) generators, and smart contract generators onto its platform, Aelf, a blockchain network, has established a strategic…
Euler funds the security of the v2 protocol with $4 million and performs 29 audits
DeFi lending guidelines With a $4 million investment from Euler DAO, Euler has announced the completion of a thorough security process for its future Euler v2 protocol. This significant budget…
The detained Binance executive’s wife claims that the prison in Nigeria is shockingly unhealthy
According to his legal team, Tigran Gambaryan, a former senior executive at cryptocurrency exchange Binance who was arrested in Nigeria in February, is rapidly losing health and is still not…