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…
In 2025, Swift plans to launch live bank trials for transactions involving digital assets
Starting next year, Swift said banks in North America, Europe and Asia would begin live trials of digital asset and currency transactions across its worldwide messaging network, which supports more…
AAVE V3 crosses $10 billion TVL as the DeFi comeback picks up steam
As of September 28, the newest version of the well-liked decentralized lending system, AAVE V3, had amassed more than $10 billion in total value locked (TVL) on Ethereum. Reaching this…
Mango Markets and Mango DAO have reached a settlement to resolve SEC allegations related to the unreported sale of MNGO tokens
Mango DAO, which had been accused of trading MNGO tokens illegally, consented to a settlement with the US Securities and Exchange Commission. Mango DAO and Blockworks Foundation, a Panamanian organization,…
$10.8 million in fresh financing is raised by the Solana DePIN Mawari Network
In a strategic fundraising round, Mawari Network, a decentralized physical infrastructure network (DePIN) focused on spatial computing, raised $10.8 million. The DePIN is located on Solana. According to Mawari Network…
After the announcement of the second airdrop, LayerZero activity increases by 433%
The protocol just announced a second airdrop, which revitalized the ecosystem. This rise follows suit. The current jump indicates a resurgence of interest in the protocol, since it is a…
Warpcast, a web3 social protocol client, debuts the new Farcaster “mini app” functionality
Farcaster Frames allow builders to turn every post on Farcaster into an interactive app. The decentralized social media protocol now has a native app development method thanks to the debut…
According to a rumor, Polymarket plans to introduce a token to generate over $50 million
According to the story, which cited sources, “investors in the round will receive token warrants, which grant them the right to purchase tokens if Polymarket launches them at a later…
Ethereum transaction costs rise concurrently with a decline in active accounts to year-to-date lows
For the first time since July 2020, the average Ethereum transaction fee dropped below $1 USD in the beginning of September. This was far before Ethereum’s proof-of-stake Merge, blob enhancements,…
A Brief history of Metaverse. How to create a Metaverse? How to ensure Decentralization in a Metaverse Ecosystem? How to communicate in Metaverse?
The metaverse is still only a theory, to be sure. It’s still not entirely here. But the foundations required to build the metaverse are already in place. Avatars allow users…
$12 million in Ether is moved by the WazirX hacker to be laundered via Tornado Cash
It seems that the group responsible for the $230 million theft of the Indian cryptocurrency exchange WazirX in July moved another batch of 5,000 ether ($12 million) to an intermediate…
The SEC accuses DeFi platform Rari Capital of engaging in unregistered broker activity and deceiving investors
Co-founders of Rari Capital Jai Bhavnani, Jack Lipstone, and David Lucid misled investors by claiming that their managed Earn pools, which let investors lend tokens to earn yield, would “automatically…
$5 million funding round for Vana, a network for user-owned data, is led by Coinbase Ventures
Coinbase Ventures led the strategic round, according to a statement from the business. Additionally, Vana has secured money from the well-known cryptocurrency venture capital firm Paradigm, which resulted to a…
Ethereum investors saw a 60% drop in on-chain activity since March, along with a dip in 7DMA revenue
On Thursday, September 12, the daily staker revenue 7-day moving average (7DMA) for Ethereum dropped to $5.44 million. This indicator has not seen lower numbers since the middle of February,…