Category: Altcoin
Funding Roundup: COSIMO Digital raises $25 million
The digital asset firm COSIMO Ventures rebranded itself as COSIMO digital earlier this week and announced a $12 million strategic financing round. Des Mac Intyre, a former Bridgewater executive, is…
Sun-connected Justin Coinbase is being sued by BiT Global for delisting wBTC and introducing a rival
The cryptocurrency exchange giant Coinbase, which last month chose to delist the asset and introduce a rival offering, is being sued by Justin Sun’s BiT Global, a company that recently…
MagicBlock’s “ephemeral rollup” technology is open source and supported by A16Z
MagicBlock, a Solana gaming infrastructure firm, has revealed Lightspeed that it is releasing its ephemeral validator, which generates transient Solana rollups that accelerate up transaction processing, open source. MagicBlock thought…
In 2024, Solana had the largest percentage of new developers: Electric Money
Understanding developer activity is important if developer mindshare is any measure of innovation. For this reason, when Electric Capital publishes its annual developer report, the industry takes notice. About 23,613…
Drake’s X account appears to have been compromised and was used to advertise Solana memecoin
On Saturday night, it appears that a Solana memecoin based on Canadian superstar Drake’s cartoon “alter ego” was promoted through his X account. A post by a since-deleted X account…
Ant Digital and Sui Blockchain Collaborate to Tokenize ESG Assets
In order to tokenize real-world assets (RWAs) with an emphasis on environmental, social, and governance (ESG) assets, Sui, a Layer-1 blockchain, has announced a strategic relationship with Ant Digital, the…
Uplink debuts as Layer 1 blockchain Avalanche’s first DePIN
On the Layer 1 blockchain Avalanche, the decentralized physical infrastructure network (DePIN) platform Uplink has gone live. Uplink, a decentralized physical infrastructure network (DePIN) platform, is the first DePIN project…
With its most recent acquisition, Step Finance hopes to introduce tokenized stocks, such as Nvidia and Tesla, to Solana
Early-stage business Moose Capital, which specializes in tokenizing conventional equities with the goal of enabling consumers to purchase and sell shares of firms like Nvidia and Tesla directly on the…
Avalanche’s $250 million locked token sale is led by Galaxy Digital, Dragonfly, and ParaFi Capital
Blockchain project at Layer 1 Galaxy Digital, Dragonfly, and ParaFi Capital are leading a locked token sale that will raise $250 million, according to Avalanche. The tokens sold will have…
To increase its Ethereum investing options, Grayscale introduces Lido DAO and Optimism Trusts
The Grayscale Lido DAO Trust and the Grayscale Optimism Trust are two new cryptocurrency investment vehicles that Grayscale Investments has announced would give accredited and institutional investors access to tokens…
AgriDex, a tokenization platform located in Solana, has raised $4 million in strategic capital
In a strategic funding round, AgriDex, a tokenization platform centered on agricultural commodities and based in Solana, has raised $4 million. HU Investments, FS Ventures, Endeavour Ventures, Hawkwood Capital, and…
BlackRock and Fidelity ETFs purchased $500 million worth of Ethereum in the past two days: Arkham
According to the cryptocurrency data tracking platform Arkham, exchange-traded funds owned by banking behemoths BlackRock and Fidelity bought $500 million worth of ether over the last two days. According to…
Launch of Balancer V3 with Aave Collaboration for Enhanced Pools
Protocol for decentralized exchange Balancer has released its V3 update, which aims to increase trading volume, boost liquidity, and offer additional developer tools. By merging its permissionless automated market maker…
The South Korean metaverse project Another World will combine with Lamina1 after a token deal
Author Neal Stephenson of “Snow Crash” founded the metaverse project Lamina1, which announced on Wednesday that it is merging with Another World. Through token exchanges and focused onboarding aimed at…
Following DAO approval of the ZKsync migration, the decentralized gaming project Treasure starts its mainnet
The project’s DAO declared on Wednesday that Treasure, the web3 gaming ecosystem that recently decided to switch to ZKsync, had gone live on the mainnet. This launch represents one of…
Marinade, a staking platform, proposes to democratize MEV on Solana by combating malicious validators
One of the biggest Solana staking platforms, Marinade, is debating a new governance proposal to combat malevolent validators and resolve the network’s current maximum extractable value (MEV) problem. MEV is…
The Sui-based game “E4C: Final Salvation,” developed by a former Riot Games executive, is being released in restricted quantities
Under the leadership of former top Riot Games executive Johnson Yeh, Ambrus Studio announced on Tuesday that “E4C: Final Salvation” was now available in limited edition. Although “E4C: Final Salvation”…
In the most recent shuffle, Interchain Foundation buys Skip to put Cosmos Hub back at the center of the ecosystem
One of the biggest changes the Cosmos ecology has ever seen is currently taking place. In an effort to concentrate product development and unify the Cosmos ecosystem, the Interchain Foundation,…
The NY Department of Financial Services has authorized Ripple’s stablecoin, RLUSD
Ripple’s RLUSD stablecoin has received final approval from the New York State Department of Financial Services. Ripple CTO David Schwartz expressed his optimism that RLUSD would be ready to debut…
A former Bridgewater executive is leading a $25 million financing round for COSIMO, a discreetly evolving, diversified cryptocurrency holding company
In a funding round managed by Des Mac Intyre, a co-founder of Eolas Capital and a former executive at Bridgewater Associates and Mellon Investments Corporation, COSIMO, a digital asset holding…