Author: Lalit Mohan
Online brokerage acquired by Kraken TradeStation’s cryptocurrency division is growing in the US
TradeStation, an online brokerage, has purchased its cryptocurrency division, Kraken. The acquisition was announced on Thursday following a CoinDesk article, however Kraken has not revealed the closing date. The acquisition…
Stablecoins for gold and USDT are added by Tether to the TON blockchain
Tether, the creator of stablecoins, is introducing its USDT and XAUT stablecoins on The Open Network (TON -1.032%) blockchain, which are backed by the US dollar and gold, respectively. Tether…
The fourth halving of Bitcoin occurred when the block subsidy incentive for miners fell to 3.125 BTC
With the completion of the most recent halving of Bitcoin BTC +1.03%, miners’ block subsidy incentives have decreased from 6.25 BTC to 3.125 BTC. At block height 840,000, Bitcoin saw…
Grayscale intends to charge an industry-low 0.15% fee for its Bitcoin Mini Trust spinoff fund
More information on Grayscale’s new fund, the Bitcoin Mini Trust, which it says will be listed on NYSE Arca with the ticker BTC and have a competitive fee rate of.15%,…
Prior to a halving, BitMEX’s bitcoin perpetual swap now offers 250x leverage
According to BitMEX CEO Stephan Lutz, “we want to make sure traders can capitalize the most on the bull market.” Prior to the halving event, BitMEX raised the leverage on…
As Magic Eden soared last month, Blur continued to be the leading NFT marketplace in Q1
With $1.5 billion in NFT trading volume in the first quarter of this year, Blur continued to be the top non-fungible token marketplace. Nonetheless, Magic Eden increased its market share…
Crypto wallet Zengo purchases Minke wallet, which focuses on stablecoins
Ouriel Ohayon, the CEO and co-founder of Zengo said that the deal talks started less than a month ago, and the acquisition happened quickly after. “Minke was looking for a…
Heroglyphs, an Ethereum technology, fixes token distributions by drawing inspiration from Bitcoin mining
Heroglyphs is a new protocol that mimics aspects of proof-of-work systems and aims to reward Ethereum solo stakers with new tokens. The white paper for the protocol was released late…
Redistribution of the halving of ‘epic sat’ revenue is planned by the Bitcoin mining company Foundry
Foundry Digital’s USA Pool Team said in an email snapshot that host Will Foxley of The Mining Pod on X that if the pool mines the first satoshi in the…
Thruster Blast DEX raises seed round valued at $70 million
In a seed fundraising round, Thruster Finance, a decentralized trading mechanism developed on the Ethereum Layer 2 network Blast, raised $7.5 million. According to Thruster on Thursday, OKX Ventures, Mirana…
Binance to pay a $2 million fine in order to reenter India
The largest cryptocurrency exchange in the world, Binance, is getting ready to return to India by paying a $2 million fine, according to an article in India’s Economic Times that…
Blockchain contract management is introduced by Ernst & Young on Polygon
Through zero-knowledge circuits, the OpsChain Contract Manager service protects the confidentiality of business information while enabling clients to post contracts on a public blockchain. Although OpsChain uses Polygon’s proof-of-stake (PoS)…
Kraken provides its open-source code and introduces a self-custodial mobile wallet
A self-custodial mobile wallet called Kraken Wallet was introduced by the well-known cryptocurrency exchange Kraken, which also made the app’s code publicly available when it originally launched. Users can manage…
Senators in the US unveil a new stablecoin law
The bill was created in collaboration with the Federal Reserve and the New York State Department of Financial Services, according to a press statement. To support their tokens, stablecoin issuers…
Excitement around runes drives up Bitcoin transaction fees
The halving of Bitcoin is almost here. Although the main reason for this excitement is that it reduces the block reward to 3.125 BTC and slows down the issue of…
The IT division of ByteDance, the owner of TikTok, is working with Sui builders on web3 gaming and SocialFi
The foundation for the project announced in a blog post on Wednesday morning that BytePlus, the enterprise technology services arm of TikTok owner ByteDance, is collaborating with Mysten Labs to…
Worldcoin will have World Chain, a Layer 2 blockchain of its own
Worldcoin, Sam Altman’s proof-of-humanity project, will shortly start using its own Layer 2 blockchain, which will increase efficiency as it onboards new users. A statement said that Ethereum will protect…
Puffer Finance, an Ethereum liquid restaking technology, has raised $200 million in a new token funding round
Co-led by Brevan Howard Digital and Electric Capital, Puffer Finance is an Ethereum ETH +2.01% liquid restaking protocol that has raised $18 million in a Series A fundraising round. Coinbase…
PayPal eliminates the safeguards for NFT buyers and sellers
According to the company’s little-noticed terms-of-service modification, PayPal is discreetly withdrawing the purchasing and selling safeguards for non-fungible token-related (NFT) transactions, partially reversing its prior position. NFT purchases will no…
CVEX, a decentralized exchange, has raised $7 million in advance of its planned mainnet debut
The $7 million that Crypto Valley Exchange (CVEX) has raised will go toward helping it launch its primary network later this year. The funds were raised in pre-seed and seed…