Author: Puskar Pande
Securitize and Zero Hash enable BlackRock’s BUIDL fund to convert USDC to USD
In a statement released on Tuesday, it was announced that eligible investors could now become subscribers to BlackRock’s USD Institutional Digital Liquidity Fund by exchanging USDC stablecoins for US dollars…
PinGo Lab Closes Seed Round Investment to Quicken TON Ecosystem Growth
With its latest innovations, PinGo Lab has been gaining traction. In particular, the incorporation of the small app into its ecosystem has drawn over 200k users. PinGo demonstrates its leadership…
The financing rate for bitcoin futures reaches a multi-month high, indicating optimism
An analyst claims that the weighted perpetual futures financing rate for bitcoin open interest (OI) has hit a multi-month high, indicating possible short- to medium-term optimistic mood. At 0.012%, the…
Users of Hyperliquid will receive HYPE tokens in a future airdrop, according to the recently established Hyper Foundation
According to a post on X, the recently established Hyper Foundation declared on Monday that it will be launching a native token, named HYPE, in advance of the impending HyperEVM…
Epic Games Store #1 spot goes to the battle royale game Off The Grid, which has planned cryptocurrency features
Recently, Off The Grid, a cyberpunk-themed battle royale video game that is now playable in early access, surpassed well-known games like Fortnite and Genshin Impact to become the top free-to-play…
Subject to court clearance, Avalanche Foundation will buy back the tokens that Terra’s LFG purchased in the 2022 agreement
To strengthen its reserves, the Singapore-based nonprofit Luna Foundation Guard, which had been supporting the since-collapsed Terra ecosystem with its stablecoin UST and token LUNA, acquired $100 million worth of…
On October 15, World Liberty Financial will begin its public token auction for WLFIOn October 15, World Liberty Financial will begin its public token auction for WLFIOn October 15, World Liberty Financial will begin its public token auction for WLFI
On Tuesday, WLFI tokens from World Liberty Financial will go up for public sale. World Liberty Financial is a DeFi initiative that is supported by former President Donald Trump and…
Liberland, a micronation centered on cryptocurrencies, has chosen Tron founder Justin Sun as its prime minister
The prime minister of Liberland, a self-declared micronation positioned between Croatia and Serbia, is Justin Sun, the founder of Tron. The sovereign state of Liberland announced in a statement on…
Roll-up ZK Scroll integrates Chainlink’s CCIP to enable cross-chain token transfers and interoperability
Zero-knowledge rollup Scroll now uses the Chainlink Cross-Chain Interoperability Protocol (CCIP). According to a press release issued with The Block on Thursday, native access to CCIP would allow developers to…
Ripple files a notice of cross-appeal in the ongoing SEC lawsuit
Ripple Labs filed a cross-appeal in a lawsuit that was initiated more than four years ago by the US Securities and Exchange Commission. Ripple sent the U.S. on Thursday, the…
In the midst of Sui (SUI) and Cardano (ADA) bull runs, Lunex Network (LNEX) presale raises $600K in less than a week; is this the next big thing in cryptocurrency?
In the cryptocurrency arena, not many projects are as active as Lunex Network (LNEX). In less than a week, this presale star, who is already in phase two, has already…
Ark Invest sells $36 million worth of Robinhood stock in exchange for $2.2 million worth of Coinbase shares
In the midst of divergent market performance for the trading applications, Ark Invest offloaded $36.4 million in Robinhood stock on Tuesday and purchased 12,994 Coinbase shares, valued at $2.2 million,…
The failure of the Arbitrum bridge is reported as a “extremely rare edge case” by Hyperliquid.
One of the most well-known decentralized perpetual exchanges, Hyperliquid, has released an incident report outlining the reasons for Monday’s bridge outage. A developer going by the handle iliensinc claimed to…
Canary Capital submits an SEC application for a spot XRP exchange-traded fund
Canary Capital, a cryptocurrency investment firm, became the second company to compete for a spot exchange-traded fund this month when it submitted a registration statement to the U.S. Securities and…
The battle royale game “Off the Grid,” about Bitcoin, launches on PlayStation and the Epic Game Store
While clicker games like Notcoin and Hamster Kombat, which are easily accessed through Telegram, have attracted millions of new players, blockchain gaming still has a long way to go. But…
Semantic Layer’s $3 million seed round is led by Figment Capital
Semantic Layer, a creator of decentralized application (dApp) infrastructure, raised $3 million in startup money, making up the total amount of cash the company has received thus far. Figment Capital…
A metaverse: What is it? An introduction to virtual worlds
The metaverse is essentially a virtual environment where people may communicate with each other and their surroundings in real-time, akin to a “universe beyond” our actual reality. This idea goes…
An IDO: What Is It? An explanation of the first DEX offer
One reason for the increasing popularity of IDOs in the cryptocurrency world is their efficiency. They enable funders to hold funds prior to a protocol launching its coin or token…
After 5 million downloads, GOQii Releases Rewards for Universal Health Tokens
By completing health-related challenges and consultations, users can receive $UHT awards that can be exchanged for goods, NFTs, and savings on medical supplies and services. Key elements of GOQii’s platform…
MakerDAO introduces redesigned governance tokens and stablecoins
NewStable (NST) and NewGovToken (NGT), respectively, are the improved versions of MakerDAO’s DAI stablecoin and the MKR governance token. The release from August 22 states that switching to the new…