Marginfi, the creator of the trading protocol based in Solana, quits due to an internal conflict
Edgar Pavlovsky, the founder of Marginfi, announced his decision to leave the project in an X post on April 11. He attributed his resignation primarily to differences in internal and…
“The war on DeFi has begun,” says the cryptocurrency sector in response to the SEC serving Uniswap with a Wells Notice
The U.S. Securities and Exchange Commission served Uniswap UNI -17.095% Labs with a Wells Notice, signaling an impending litigation, as disclosed today. It should come as no surprise that the…
Central Bank of Nigeria forbids using foreign exchange as collateral for loans denominated in local currency
Stopping the Naira’s Decline The Central Bank of Nigeria (CBN) has ordered banks to stop using foreign currencies as collateral for loans in local currency because of the continuous shortages…
Chief of the Russian Central Bank: Five to Seven Years for Widespread Adoption of the Digital Ruble
No Choice Before 2025 The head of the Bank of Russia, Elvira Nabiullina, has said that although the digital ruble’s trial program would continue, a decision on its general implementation…
CEO of Cantor Fitzgerald supports tokenization and stablecoins
“Dollar hegemony is essential to the US Constitution.” At the Chainalysis conference in New York, Lutnick stated, “It matters to us, to our economy,” reiterating his support for stablecoins with…
Institutional Staking-as-a-Business facility emerges on P2P.org
According to a press statement from the startup, P2P.org has more than a million Ether (ETH) staked, and its total value locked (TVL) has topped $7.4 billion. To support the…
Brevan Howard Digital, a cryptocurrency fund, returned 34.5% in Q1 2024
Brevan Howard Digital, a division of hedge fund manager Brevan Howard, saw returns of 34.5% in the first quarter of 2024. BH Digital rose by 44% in 2023 and by…
Developer of Bitcoin scaling Alpen Labs emerges from stealth and discloses $10.6 million in previous initial funding
On Wednesday, Alpen Labs, a firm using rollups and zero-knowledge technology to scale Bitcoin, came out of stealth and revealed that it had previously raised $10.6 million. Venture capital firm…
100 million Z tokens will be airdropped by Zeta Markets, a Solana DEX
Zeta Markets, a decentralized exchange for trading cryptocurrency perpetuals with its headquarters in Solana, is about to publish and airdrop Z, a “governance” token. Zeta said on Tuesday that the…
Jolt ‘zkVM’ is released by a16z Crypto to aid in scaling chains using ZK proofs
The venture capital firm Andreessen Horowitz’s cryptocurrency-focused subsidiary, A16z Crypto, has unveiled Jolt, a zero-knowledge solution that it refers to as a “zkVM,” with the goal of streamlining and expediting…
Crypto Bytes: Top 10 Breaking News from Cryptoverse
Disclaimer : This article was created for informational purposes only and should not be taken as investment advice. An asset’s past performance does not predict its future returns. Before making…
Saga cryptocurrency had significant volatility following its listing on Binance and mainnet launch
Protocol Layer 1 According to Binance, the platform where Saga’s token initially began trading on Tuesday, the mainnet went live and the token looks to be creating a significant amount…
Steven Nerayoff, a former Ethereum advisor, is suing the US government for $9.6 billion
An early Ethereum network advisor is claiming that federal authorities “maliciously” investigated and prosecuted him, and he is suing the government of the United States for $9.6 billion. Steven Nerayoff’s…
EigenDA data availability layer and EigenLayer restaking platform are introduced on the Ethereum mainnet
On Tuesday, the Ethereum mainnet saw the introduction of the restaking platform EigenLayer and its data availability layer EigenDA. According to an official statement from EigenLayer’s developers, the change enables…
Immutable zkEVM blockchain hosts the debut of the Web3 game “MetalCore”
The web-based third-person shooter game “MetalCore” was released on the Immutable zkEVM blockchain. “MetalCore” is the first game that can be played on a blockchain. According to an official announcement,…
Tensor Foundation Launches TNSR Governance Token for Solana NFT Marketplace
The Tensor Foundation, responsible for the development of the Solana-based NFT marketplace Tensor, has introduced its governance token, TNSR. This strategic move aims to empower community participation and decision-making within…
Ether Options Signal Bullish Sentiment for End of April
Ether options set to expire at the end of April are indicating a prevailing bullish sentiment in the market, according to analysis of open interest data. The options market reflects…
Bitcoin Surge Boosts Coinbase and MicroStrategy Stocks
Shares of leading cryptocurrency-related companies Coinbase and MicroStrategy soared in early trading as Bitcoin surpassed the $72,000 threshold, signaling renewed investor optimism in the digital asset market. Coinbase and MicroStrategy…
Revolutionizing Memecoin Launches: Pump.fun Hits $5 Million in Revenue
Pump.fun, a novel memecoin launch and trading platform, has seen a remarkable surge in revenue, reaching $5.2 million over the past 38 days, with a staggering $528,000 generated in fees…
Chinese Asset Managers’ Hong Kong Units Eye Spot Bitcoin ETFs
Asset management firms based in China are making moves to introduce spot bitcoin exchange-traded funds (ETFs) through their Hong Kong subsidiaries. Harvest Fund and Southern Fund, with assets totaling over…