Eclipse Labs Secures $50 Million Series A Funding for Ethereum Layer-2 Innovation
In a significant stride towards Ethereum Layer-2 development, Eclipse Labs has successfully raised $50 million in a Series A funding round, co-led by Placeholder and Hack VC. This funding round,…
Tether USDT Expands Reach with Launch on Celo Blockchain
Tether Operations Limited (Tether), a leading entity in the cryptocurrency sector, has announced the forthcoming launch of its USDT token on the Celo blockchain network. This strategic partnership between Tether…
Solana Client Developer Jito Labs Halts Mempool Function Amid “Sandwich Attack” Challenges
In a significant development, Solana client developer Jito Labs has decided to shut down its mempool functionality, marking the end of a six-week battle against exploitative “sandwich attacks.” While Solana’s…
Legal Concerns Prompt Rework of ArbitrumDAO’s Million-Dollar Donation Proposal to Tornado Cash Developers
In a recent development, an ArbitrumDAO proposal to contribute up to $1.28 million in cryptocurrency towards the legal defense of Tornado Cash developers, Roman Storm and Alexey Pertsev, has been…
MakerDAO Adopts Temporary Fee Adjustments to Safeguard Dai Stability Amid Market Volatility
MakerDAO has swiftly implemented temporary fee modifications in response to a recent period of heightened market volatility and bullish sentiment, causing a notable decrease in the reserves of its dollar-pegged…
MIT and Harvard Alumni Pioneer Non-Dilutive Accelerator for Web3 Startups
In a collaborative effort, alumni from the Massachusetts Institute of Technology (MIT) and Harvard have unveiled the MIT x Harvard Blockchain Accelerator, a novel startup accelerator laser-focused on nurturing early-stage…
Crypto Bytes: Top 10 Breaking News from Cryptoverse
Arbitrum DAO deletes proposal as token holders expressed concerns about potential legal risks associated with a donation of up to $1.28M in cryptocurrency to Tornado Cash developers. Leading provider of…
Meme Coin Mania Refuses to Die Down, $FLOKI and $WIF Lead Crypto Markets
Meme currencies are beginning to surge again. Floki ($FLOKI) and Dogwifhat ($WIF) are two of the top meme coin gainers right now. Dogwifhat ($WIF) gains momentum with Listing on Binance…
US Department of Justice Appeals Montenegro Court’s Decision on Do Kwon’s Extradition
In a twist of legal events, the U.S. Department of Justice (DOJ) has opted to challenge the recent Montenegrin high court ruling favoring the extradition of Do Kwon, the former…
Notcoin Rolls Out Pre-Market Trading Feature with NFT Vouchers Ahead of Token Airdrop
In a recent announcement, the Telegram-based game Notcoin unveiled its latest feature: pre-market trading vouchers in the form of NFTs on The Open Network (TON). This strategic move allows seasoned…
BlackRock Explores Spot Bitcoin ETF Investments for its Global Allocation Fund
In a recent update to its filing with the Securities and Exchange Commission, BlackRock, the U.S.-based asset management giant, has revealed plans to purchase spot bitcoin exchange-traded funds (ETFs) for…
Optimism Foundation Engages in a Private Token Sale Valued at $89 Million
In a recent development, the Optimism Foundation, a key supporter of the Ethereum Layer 2 project Optimism, has announced plans to privately sell around 19.5 million governance tokens, amounting to…
Wyoming enacts legislation to establish a nonprofit legal framework for DAOs
The Decentralised Unincorporated Nonprofit Association Act was signed into law on Thursday by Governor Mark Gordon of Wyoming. This gives DAOs with 100 members or more a framework for converting…
Seven firms, including Ethena and Derivio, are selected by Binance Labs during its sixth incubation season
Seven firms have received investments from Binance Labs, the $10 billion venture capital and incubation division of the cryptocurrency exchange Binance, during the program’s sixth season. The seven startups are:…
Inception and Origin join forces to bring cutting-edge liquid staking model to life
Users of Inception LRT now have the opportunity to mint Inception’s Liquid Restaking Token (LRT), inoETH, using OETH, opening up new avenues for possible investment ideas. Users that stake with…
Stakely joins Eigen Layer as Node Operator
Stakely is stepping in as node operators within the Genesis’ DVT clusters in conjunction with eleven other top validators to improve the security and decentralisation of this ground-breaking liquid restaking…
Accumulated Finance Launches on Metis
With the latest move, Accumulated Finance is now available on multiple networks: ZetaChain, Manta, Metis, Ethereum, and BNB Chain – ZETA liquid staking is now possible with Omnichain ZETA Liquid…
Cosmology Secures $5 Million in Seed Funding to Drive Cosmos Ecosystem Development
Cosmology, a development platform with a specific focus on the Cosmos ecosystem, has successfully secured $5 million in seed funding. The funding round, led by prominent venture firms Galileo and…
Kamino Unveils KMNO Token Airdrop for April: Points-Based Rewards Await Users
Kamino, a Solana-based DeFi protocol, is gearing up for an airdrop of its KMNO tokens in April. The distribution will be based on the points accumulated by users, rewarding them…
Saga Gaming Token Airdrop Sweeps Across Multiple Blockchains
Saga, a gaming-centric network, initiates its airdrop claim after a three-month play-to-airdrop campaign, making SAGA tokens available to more than 200,000 eligible wallets across Avalanche, Solana, Cosmos, Celestia, and Polygon’s…