Parfin, a permissioned Ethereum Layer 2 developer, has received $10 million in Series A funding from ParaFi Capital
The enterprise-grade blockchain startup Parfin, which is developing its own crypto infrastructure, raised $10 million in its Series A funding round and anticipates raising millions more. Leading the round were…
EigenLayer is adding ERC-20 tokens as restakable assets and testing permissionless token support
EigenLayer, an Ethereum restaking project, is expanding the protocol’s support for permissionless tokens. According to Eigen Labs, in a post to X, this feature will allow any ERC-20 token to…
Riot Platforms increases its ownership stake in Bitfarms to 18.9% by purchasing an additional 1 million shares
One of the biggest bitcoin miners in the United States, Riot Platforms, has increased its bid to acquire Bitfarms by acquiring an extra million shares of the business. Riot is…
TON and Pyth Network work together to improve real-time data streams for DeFi and gaming
The Open Network (TON) and Pyth Network joined, the latter company announced on Wednesday. Pyth’s oracle service, which enables users to obtain pricing data on-demand, is the primary focus of…
Renzo arrives at Solana liquid restaking and prepares to start ezSOL on Jito
Through a partnership with the Jito Foundation, the Ethereum liquid restaking system Renzo has entered the Solana liquid restaking market. As part of the deal, Renzo will launch ezSOL, a…
A $15 million Series A round is raised by the stablecoin-based international payment service Sling Money
Sling Money, a digital payments firm, revealed on Wednesday that it has secured $15 million in Series A funding. Union Square Ventures, Ribbit Capital, and Slow Ventures led the Series…
Dollar Cost Averaging in Crypto: What Is It? An Overview of DCA
Dollar Cost Averaging (DCA): What Is It? In conventional finance, dollar-cost averaging (DCA) is an investing strategy intended to reduce volatility when purchasing a sizable financial asset or instrument block….
Aurora releases new products that link NEAR and Bitcoin
In a press release on Tuesday, Aurora Labs—a group devoted to building the Aurora ecosystem—unveiled Bitcoin Light Client and Relayer, two new tools designed to connect the NEAR protocol and…
Solana L2 DEX might be able to compete with centralized exchange platforms, according to Zeta founder
DefiLlama’s data indicates that Solana (SOL) has an 8.7% domination in monthly trading volume for on-chain derivatives as of right now, with $8.3 billion traded so far in August. With…
Coinbase Returns to Hawaii’s Market as the State Removes All Controls
Hawaii residents will once more be allowed to use Coinbase, the business announced on Wednesday. For years, the state’s long-standing regulations have barred residents from accessing most cryptocurrency exchanges. Faryar…
ETFs for Bitcoin are expected to own more coins than even Satoshi
The popular Bitcoin exchange-traded funds (ETFs) that debuted this year are expected to eventually own more of the popular cryptocurrency than its enigmatic, pseudonymous creator, Satoshi Nakamoto, after months of…
“TapSwap” on Telegram Introduces City Builder Mode Associated with TON Token Airdrop
Tens of millions of people have played the Telegram game TapSwap in the months leading up to a scheduled token launch and airdrop on The Open Network (TON). With the…
Curve Finance: As earnings surpass issuance, inflation drops by 67%
The second-largest decentralized exchange (DEX) according to TVL, Curve Finance, announced that it will stop token inflation annually after five years. Starting this year, the inflation rate for CRV tokens…
The Arbitrum Community Will Soon Use ARB Staking
To provide the ARB token more usefulness and boost its onchain usage, the Arbitrum community is voting to start staking. After receiving permission, Arbitrum would produce a liquid staking token…
With the most recent test transactions, 33% of the Mt. Gox repayment is still pending
Test transactions have been made using a Bitcoin wallet connected to Mt. Gox, which may be a sign of the long-awaited payment to people who held money on the exchange….
New Poll: 18% of Democrats Have Purchased Bitcoin, with More to Come
According to a Paradigm Policy Lab survey, Democratic voters are becoming more receptive to cryptocurrencies, which might change the course of the next presidential election. 804 Democratic voters who are…
The total front-end revenue of Uniswap Labs exceeds $50 million
The developer company of the Uniswap protocol, Uniswap Labs, has seen its total front-end fees surpass $50 million. In October, the platform charged users 0.15% for transactions made using its…
Because of Bitcoin’s cautious structure, the Runes protocol faces difficulties generating revenue from fees
The fee share of the Runes protocol on Bitcoin is moving lower to 8.37%, getting closer to its all-time low of 2.16%. This indicates that the protocol is beginning to…
Hedera expands institutional access to HBAR tokens by partnering with cryptocurrency custodian Copper
Through a cooperation announced on Tuesday, London-based cryptocurrency custodian Copper is extending institutional access to the Hedera blockchain. In particular, Copper will provide custody and staking services for Hedera’s token…
Centered on intent Series A investment of $11 million is raised by Ethereum L2 Essential
In a Series A financing round headed by Archetype, Essential, an intent-centric Ethereum Layer 2 blockchain developer, raised $11 million. The Spartan Group, IOSG Ventures, Amber Group, Maven 11, and…