Author: Puskar Pande
Permissionless bridging from Uniswap launches on nine networksPermissionless bridging from Uniswap launches on nine networks
The well-known decentralized exchange’s primary developer, Uniswap Labs, declared that permissionless bridging via the Uniswap wallet and interface is now operational on nine networks. It has been difficult to move…
Protocol for trading cryptocurrency derivatives based on Arbitrum Variational secures seed funding of $10.3 million
In a seed investment round, Variational, a cryptocurrency derivatives trading system based on the Ethereum Layer 2 network Arbitrum, has raised $10.3 million. Coinbase Ventures, Dragonfly Capital, North Island Ventures,…
ZkLink delays the token vesting timetable in anticipation of upcoming product launches
zkLink Core DAO has made the strategic decision to postpone its token vesting timeline, which was initially scheduled to start on October 22, by six months in order to strengthen…
With a record network hash rate, the difficulty of mining bitcoin reaches a new all-time high
Amidst record seven-day moving average hash rate levels for the network, Bitcoin mining difficulty increased 3.9% on Tuesday to reach a new all-time high. Blockchain explorer Mempool reports that the…
Magic Eden targets Monad and adds support for ApeChain and BeraChain
BeraChain and ApeChain are now the eighth and ninth supported blockchains, respectively, on Magic Eden, an NFT platform based in Solana. By making this change, Magic Eden is getting closer…
The founder of Notcoin claims that Binance and “poor guys from nowhere” are using Telegram games to try to make money
One of the most interesting developments in cryptocurrency this year has been the rise in interest in blockchain gaming, which has been mostly driven by the success of Telegram mini-games…
Transak reports a roughly 100,000 user data breach, and the Stormous ransomware gang takes credit
Metamask, Trust Wallet, Coinbase, Ledger, and other blockchain platforms use Transak, a Miami-based fiat-to-crypto payment gateway, which revealed on Monday that 1.14% of its users were impacted by a data…
Risks associated with traditional finance’s shift to tokenization are highlighted in the BIS paper
Tokenization in the Context of Money and Other Assets: Concepts and Implications for Central Banks, a research published on Monday by the Bank for International Settlements (BIS), examines how tokenization…
In the biggest acquisition in cryptocurrency, Stripe pays $1.1 billion to acquire the stablecoin platform Bridge: Founder of TechCrunch
According to a TechCrunch founder Michael Arrington’s post on X, fintech company Stripe has completed its largest purchase to date, acquiring stablecoin platform Bridge for $1.1 billion. Bridge is a…
Give it your all.Enjoyable setup for a potential token launch: X-Spacious
Pump is a memecoin exchange situated in Solana.A significant statement for the well-liked protocol was made today by Fun, who unveiled a new advanced trading terminal and hinted at an…
Tapioca DAO prevents the theft of 1,000 ETH valued at $2.7 million after an exploit uses up the majority of its resources
The price of TAP token fell by more than 95% as a result of a significant exploit that the Tapioca DAO experienced. A total of $4.5 million worth of cryptocurrency…
Following a six-day inflow streak, US spot bitcoin ETFs reach their highest recorded total asset value
Since the funds’ January inception, the twelve US-based spot bitcoin exchange-traded funds have amassed the largest overall net asset value, setting a new record. According to SoSoValue data, the funds…
Raising $12.5 million Series A at a token valuation of $100 million, zkPass
In a Series A fundraising round, zkPass, a privacy-preserving technology for data verification, has raised $12.5 million. Dao5, Animoca Brands, Flow Traders, Amber Group, IOBC Capital, Signum Capital, MH Ventures,…
Yellow Card, an African stablecoin exchange, has raised $33 million in Series C led by Blockchain Capital
Blockchain Capital, a cryptocurrency venture, has spearheaded a $33 million Series C fundraising round for Yellow Card, an African stablecoin exchange. According to a release, Nigeria-based Yellow Card, a Coinbase…
Launching a mainnet, Ostium Labs is a startup creating onchain perpetuals marketplaces for conventional assets
On Thursday, the public mainnet of Ostium Labs, a new blockchain-based perpetuals trading platform, was launched. Ostium is focusing on traditional market currencies and global macro markets, in contrast to…
The creation of a stacked bitcoin and gold exchange-traded fund (ETF) aims to protect investors against depreciation and inflation
On Wednesday, an exchange-traded fund was introduced, exposing investors to both bitcoin and gold. The fund, known as the STKD Bitcoin & Gold ETF, is designed to protect investors from…
Lombard, a Bitcoin liquid staking platform, is acquired by Binance Labs
Lombard Finance is a platform for Bitcoin liquid staking that has received funding from Binance Labs, the $10 billion venture financing and incubator division of the cryptocurrency exchange Binance. According…
It looks that Radiant Capital experienced a $51 million hack on its Arbitrum and BNB Chain instances.
The money market on a chain Onchain data and Web3 security Ancilia appear to indicate that Radiant Capital is being exploited. Based on information from Arkham Intelligence, the attack started…
Canary Capital requests SEC clearance for a Litecoin spot ETF
A few days after registering an XRP product, Canary Capital registered a Litecoin exchange-traded fund with the U.S. Securities and Exchange Commission. For the Canary Litecoin ETF, the cryptocurrency investment…
Network State initiative Praxis gets $525 million to create a city that welcomes cryptocurrency
The ambitious project Praxis, which describes itself as the first Network State in history, revealed on Tuesday that it had raised $525 million to fund the construction of a tech-forward…