Author: Mehar Nayar
Mayan Secures $3 Million in Seed Funding for Cross-Chain Auction Protocol
Mayan, a startup focusing on developing a cross-chain auction protocol, has successfully raised $3 million in a seed funding round. The round was co-led by venture capital firms 6th Man…
Solend’s Token and Deposits Surge as Founder Criticizes Rival MarginFi
Solana-based lending protocol Solend experienced a sharp rise in both its token value and deposits, following comments from its founder that criticized rival DeFi protocol MarginFi. The increase in activity…
Circle Introduces USDC Smart Contract Support for BlackRock BUIDL Investors
Circle, the issuer of the stablecoin USDC, has launched smart contract support for investors in the BlackRock USD Institutional Digital Liquidity Fund (BUIDL). This new feature allows BUIDL investors to…
Chinese Asset Managers’ Hong Kong Units Eye Spot Bitcoin ETFs
Asset management firms based in China are making moves to introduce spot bitcoin exchange-traded funds (ETFs) through their Hong Kong subsidiaries. Harvest Fund and Southern Fund, with assets totaling over…
Legal Proceedings Commence: Avraham Eisenberg’s $116 Million Mango Markets Exploit Faces Fraud Trial
The trial regarding Avraham Eisenberg’s alleged involvement in the $116 million exploit of Solana-based DeFi exchange Mango Markets is set to commence in a New York federal court on Tuesday….
Crypto Bytes: Top 10 Breaking News from Cryptoverse
Disclaimer : This article was created for informational purposes only and should not be taken as investment advice. An asset’s past performance does not predict its future returns. Before making…
Russian Fintech Ventures Embrace Digital Ruble Initiative
Russian fintech startups have embarked on a journey to participate in the digital ruble pilot program initiated by the country’s Central Bank, signaling a significant step in the development of…
Unlocking Efficiency: BIS Launches Project Agorá for Cross-Border Settlements
The Bank for International Settlements (BIS) has initiated Project Agorá, a pioneering endeavor aimed at exploring the potential advantages of tokenization in revolutionizing cross-border settlements. This collaborative effort, comprising seven…
Bitcoin’s Future: The Great Divide Foreseen by Cobra
Cobra, the mysterious figure behind Bitcoin.org, has recently made predictions regarding an impending conflict within the Bitcoin community. Through social media, Cobra hinted at a divisive issue that could potentially…
Crypto Bytes: Top 10 Breaking News from Cryptoverse
Disclaimer : This article was created for informational purposes only and should not be taken as investment advice. An asset’s past performance does not predict its future returns. Before making…
FTX Estate Sells Locked-Up SOL Tokens, Sparking Investor Interest
The FTX estate recently conducted a significant sale of SOL tokens, amounting to approximately $1.9 billion, to alleviate debt pressures stemming from the collapse of the crypto exchange. This move…
Montenegro Supreme Court Ruling Alters Course of Do Kwon’s Extradition as NY Civil Case Progresses
The extradition fate of Terraform Labs co-founder Do Kwon has encountered a pivotal turn as the Supreme Court of Montenegro intervened, overturning a decision made by lower courts regarding his…
Ethena’s USDe Surpasses $2 Billion Supply Milestone in Under Two Months
Ethena’s USDe stablecoin, commonly referred to as an “internet bond” and a “synthetic dollar,” has achieved a significant milestone by surpassing the $2 billion supply mark within a mere seven…
Understanding the Solana Network Glitch: Co-Founder Anatoly Yakovenko Addresses Concerns
Solana co-founder Anatoly Yakovenko has shed light on the recent network glitch that plagued the blockchain ecosystem, causing transaction failures and block finalization slowdowns. As of April 5, Yakovenko confirmed…
Major Banks Express Interest in Direct Bitcoin Purchases from Mining Firm Hut 8, CEO Reveals
In the run-up to the Bitcoin reward halving event, Hut 8, a prominent bitcoin mining company listed on the Toronto stock exchange, has disclosed that several major financial institutions have…
Binance Expands Web3 Wallet with Integration of 35 New dApps
Binance has recently expanded its web3 wallet by integrating 35 new decentralized applications (dApps), enhancing its functionality and usability for users. The latest additions include prominent platforms like Aevo, Ambient…
Paradigm Leads $20M Series A Funding Round for Ellipsis Labs
Ellipsis Labs, a developer of decentralized crypto exchanges, has successfully raised $20 million in Series A funding, with Paradigm leading the investment round. Joining Paradigm in the funding were Electric…
Wormhole Rectifies Airdrop Oversight, Excludes Hacker Addresses
In a surprising turn of events, cross-chain protocol Wormhole initially allocated tokens from its latest airdrop event to wallet addresses linked to the exploiter behind its previous hack. However, the…
Crypto Enthusiasts Fund Man to Name Goats After Cryptocurrency Figures
In a unique trend within the cryptocurrency community, enthusiasts are pooling funds to sponsor a man in purchasing goats and naming them after notable figures, products, or concepts within the…
PayPal Introduces PYUSD for Hassle-Free International Payments
In a significant move towards facilitating international transactions, PayPal has unveiled a new service allowing its U.S. clientele to utilize the PYUSD stablecoin for cross-border money transfers. Effective immediately, U.S….