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…
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,…