Tag: Cryptocurrency
BlackRock’s BUIDL token would be added by Securitize as a stablecoin backing for Frax USD
If a new proposal passes its governance process, Frax Finance, the decentralized stablecoin protocol, may soon incorporate BlackRock’s BUIDL token as a reserve asset supporting its soon-to-be relaunched Frax USD…
Unichain’s public mainnet is anticipated to debut in early 2025
Early in 2025, Unichain, a DeFi-focused Layer 2 solution created by Uniswap and based on the OP Stack, is anticipated to open its public mainnet. Ethereum’s Sepolia testnet, where the…
RWA platform Allo has secured a $100 million credit facility backed by Bitcoin
The Allo team declared on December 23 that the platform had successfully obtained the Bitcoin-backed credit facility in a financing round headed by a group of lenders. These included an…
In a push for sports sponsorship, Formula 1 secures a multi-year renewal with Crypto.com
In an effort to build on their mutual momentum, Formula 1 and trading site Crypto.com have extended their collaboration through 2030. Crypto.com, which has been the title sponsor of the…
With the launch of Hydra, Cardano may overtake Ethereum with 100,000 TPS
The newest scaling solution in Cardano’s ecosystem, Hydra, has caused ADA’s price to soar above $1. ADA holders are 90% positive despite the fact that the current rate is a…
“Landverse: Ragnarok” Ronin’s expansion to the Ethereum Gaming Network
Early in 2025, the Ethereum sidechain gaming network Ronin will host the release of Ragnarok Landverse, a blockchain-enhanced massively multiplayer online role-playing game (MMORPG) based on the original Ragnarok Online…
“Hawk Tuah Girl” After the HAWK memecoin lawsuit, Haliey Welch reacts for the first time in weeks
Hawk Tuah Girl, a 22-year-old internet celebrity, commented on social media for the first time in almost two weeks after her team was sued for allegedly breaking federal securities laws…
Mo Shaikh, a co-founder of Aptos Labs, resigns as CEO
Mo Shaikh, the CEO and co-founder of Aptos Labs, has left the role to embark on a new journey. To guide the company into its next phase of growth, co-founder…
The HAWK memecoin team, associated with “Hawk Tuah Girl,” was sued for allegedly breaking securities laws
Investors have sued the group that created the memecoin HAWK, which is associated with Haliey Welch or “Hawk Tuah Girl,” for allegedly breaking securities laws. HAWK allegedly acted as an…
According to sources, Craig Wright, who claims to be Satoshi Nakamoto, was given a one-year prison sentence
According to reports, Craig Wright, who has claimed to be the anonymous founder of Bitcoin, was found guilty of contempt of court and given a two-year prison sentence. Several news…
Trump-supported World Liberty Financial and Ethena want to work together beginning with the deployment of sUSDe
President-elect Donald Trump’s nascent DeFi initiative, World Liberty Financial, is continuing to gain traction with established cryptocurrency companies, this time through a partnership with Ethena Labs. On Wednesday, the two…
Fraction, a crypto-AI startup $6 million in pre-seed finance is raised by AI
Spartan Group and Symbolic Capital co-led a $6 million pre-seed investment round for Fraction AI, a crypto-AI firm that aims to decentralize data labeling. Fraction AI announced on Wednesday that…
A federal judge rejects BiT Global, which is connected to Justin Sun,’s request for a temporary restraining order, ruling that Coinbase can delist wBTC
On the first trial date of the action filed by BiT Global, a company associated to Justin Sun, against Coinbase, a California judge has decided that Coinbase can delist wrapped…
To extend restaking outside Ethereum, Wormhole, EigenLayer, and NEAR-focused Nuffle Labs collaborate
Wormhole is collaborating with Nuffle Labs, creators of restaking protocols, to find a way to extend EigenLayer’s restaking capabilities outside of the Ethereum ecosystem. The action marks a significant advancement…
Coinbase addresses the complaint filed by BiT Global, which is tied to Justin Sun, regarding the delisting of wBTC
BiT Global, which is linked with Justin Sun, filed a lawsuit seeking an emergency injunction to retain wBTC, the first and largest tokenized bitcoin product, on the biggest cryptocurrency exchange…
The Monad Foundation was established to encourage the use of Layer 1, which is compatible with Ethereum
The establishment of the Monad Foundation, a separate entity dedicated to advancing and developing the Monad blockchain, was announced by Monad Labs on Monday. As Monad approaches a possible mainnet…
Since the token introduction, Hyperliquid has had net inflows of nearly $1 billion USDC
According to blockchain analytics company Spot On Chain, since the introduction of its native token, Hype, Hyperliquid, the decentralized perpetual trading platform and Layer 1 blockchain, has seen over $1…
Funding Roundup: COSIMO Digital raises $25 million
The digital asset firm COSIMO Ventures rebranded itself as COSIMO digital earlier this week and announced a $12 million strategic financing round. Des Mac Intyre, a former Bridgewater executive, is…
Sun-connected Justin Coinbase is being sued by BiT Global for delisting wBTC and introducing a rival
The cryptocurrency exchange giant Coinbase, which last month chose to delist the asset and introduce a rival offering, is being sued by Justin Sun’s BiT Global, a company that recently…
Uplink debuts as Layer 1 blockchain Avalanche’s first DePIN
On the Layer 1 blockchain Avalanche, the decentralized physical infrastructure network (DePIN) platform Uplink has gone live. Uplink, a decentralized physical infrastructure network (DePIN) platform, is the first DePIN project…