Legal Proceedings Commence: Avraham Eisenberg’s $116 Million Mango Markets Exploit Faces Fraud Trial
The trial regarding Avraham Eisenberg’s alleged involvement in the $116 million exploit of Solana-based DeFi exchange Mango Markets is set to commence in a New York federal court on Tuesday….
Lumoz Secures $6 Million Pre-Series A Funding, Valued at $120 Million
Lumoz, formerly known as Opside, has successfully raised $6 million in a pre-Series A funding round, positioning the blockchain scaling infrastructure project at a valuation of $120 million. The investment…
dYdX Encounters Chain Halt During Planned Upgrade
The decentralized derivatives exchange protocol dYdX faced a significant setback during a scheduled upgrade, experiencing a chain halt that disrupted its mainnet operations. Since 6:50 a.m. UTC, engineers have been…
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…
Bitcoin ETFs Experience $203 Million Daily Inflows as Halving Anticipation Grows
Spot Bitcoin exchange-traded funds (ETFs) continued their streak of net inflows, with a substantial $203 million influx observed on Friday, April 6. This marked the fourth consecutive day of positive…
Russian Fintech Ventures Embrace Digital Ruble Initiative
Russian fintech startups have embarked on a journey to participate in the digital ruble pilot program initiated by the country’s Central Bank, signaling a significant step in the development of…
Genesis Converts GBTC Shares into Bitcoin: An Overview of Major Financial Maneuvers
Genesis, a crypto lending firm grappling with bankruptcy, has executed a significant financial move by converting approximately 36 million shares of Grayscale Bitcoin Trust (GBTC) into Bitcoin. This maneuver is…
Unlocking Efficiency: BIS Launches Project Agorá for Cross-Border Settlements
The Bank for International Settlements (BIS) has initiated Project Agorá, a pioneering endeavor aimed at exploring the potential advantages of tokenization in revolutionizing cross-border settlements. This collaborative effort, comprising seven…
Bitcoin’s Future: The Great Divide Foreseen by Cobra
Cobra, the mysterious figure behind Bitcoin.org, has recently made predictions regarding an impending conflict within the Bitcoin community. Through social media, Cobra hinted at a divisive issue that could potentially…
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…
LightLink Raises $6.2 Million in Extended Seed Round Amid Shifting Crypto VC Landscape
Blockchain startup LightLink has successfully secured $6.2 million in funding during an extended seed round, signaling a notable milestone in the company’s growth trajectory. The funding was sourced from a…
Aave Initiates Potential Fee Distribution Vote, Marking Shift in Staking Dynamics
Decentralized finance (DeFi) luminary Marc Zeller, founder of the Aave Chan Initiative, has hinted at an imminent vote within the Aave community regarding the activation of a ‘fee switch’ mechanism….
dYdX Community Votes to Enhance Network Security with $60 Million Staking
The dYdX community recently made a significant decision aimed at bolstering the security and economic resilience of its decentralized derivatives exchange platform. In a notable move, community members voted to…
Why are Solana Transactions failing?
About 75.7% of all transactions involving the transfer of native SOLs across smart contracts failed on April 5, up from 75.5% the day before. Let’s see what’s happening behind the…
Bonsai, the first meme coin on Lens Protocol launched as a divisible NFT
In an angel round, $1 million was raised by MadFi, the firm behind the Bonsai token, which they claim to be Lens Protocol’s first meme coin. The financing was led…
FTX Estate Sells Locked-Up SOL Tokens, Sparking Investor Interest
The FTX estate recently conducted a significant sale of SOL tokens, amounting to approximately $1.9 billion, to alleviate debt pressures stemming from the collapse of the crypto exchange. This move…
Montenegro Supreme Court Ruling Alters Course of Do Kwon’s Extradition as NY Civil Case Progresses
The extradition fate of Terraform Labs co-founder Do Kwon has encountered a pivotal turn as the Supreme Court of Montenegro intervened, overturning a decision made by lower courts regarding his…
SushiSwap Considers Shifting Treasury Assets to Sushi Labs Vault
A proposal within the SushiSwap governance framework has emerged, suggesting a significant transfer of assets from the decentralized autonomous organization (DAO) treasury to a new entity called Sushi Labs. Spearheaded…
Uniswap Achieves Monumental $2 Trillion Trading Volume Milestone
Uniswap Labs has recently announced a significant milestone in the realm of decentralized finance (DeFi), revealing that the total trading volume facilitated by its protocol has surged past an extraordinary…
Ethena’s USDe Surpasses $2 Billion Supply Milestone in Under Two Months
Ethena’s USDe stablecoin, commonly referred to as an “internet bond” and a “synthetic dollar,” has achieved a significant milestone by surpassing the $2 billion supply mark within a mere seven…