[Feb 22 2:30 PM] On Thursday, the Eigen Labs development team, responsible for the Eigenlayer restaking protocol, announced a $100 million investment from A16z Crypto. This substantial funding comes after the project’s $50 million Series A round in March…
[Feb 22 12:30 PM] On Feb. 22, 2024, the primary development group of the BNB Chain revealed that the decentralized finance (defi) money market protocol, Aave, has been successfully launched on the BNB network. Boasting a total value locked (TVL) of $8.571 billion…
[Feb 21 1:13 PM] In this week's issue of our weekly blockchain tech newsletter, Sam Kessler explores how "liquid restaking tokens" or LRTs are remaking decentralized finance. PLUS: Starknet's STRK airdrop, Stellar's smart-contract facelift and bitcoin's supply…
[Feb 20 12:30 PM] On Tuesday, Pyth Network announced the rollout of real-time price feeds for bitcoin exchange-traded funds (ETFs), enhancing the data’s availability to both decentralized finance (defi) developers and the wider crypto and traditional financial…
[Feb 16 2:30 AM] According to Chainalysis’ report on money laundering trends, the value of crypto transferred by illicit addresses in 2023 fell by nearly $10 billion from $31.5 billion to the latest $22 billion. The report attributes the drop to the overall…
[Feb 15 9:00 PM] According to a recent report published by crypto analytics firm Chainalysis, money laundering involving crypto assets has experienced a notable decline compared to the previous year. However, the report highlights that illicit actors have started…
[Feb 15 2:20 PM] Crypto critics often warn of digital currencies' potential to destabilize the U.S. dollar, but Federal Reserve Gov. Christopher Waller argued that stablecoins' dependence on the dollar could actually strengthen the U.S. fiat currency as…
[Feb 15 8:30 AM] Solana Mobile, Solana Labs’ smartphone subsidiary, processed over $20 million in payments in alliance with Shopify and USDC, the second-largest dollar-pegged stablecoin. Anatoly Yakovenko, a co-founder of Solana Labs, explained that 51% of…
[Feb 14 3:30 AM] Sushi, the multi-chain decentralized exchange (dex), plans to launch a new high-speed derivatives exchange called Susa using Layer N’s scaling technology, Sushi revealed on Tuesday. The partnership aims to rival centralized exchanges by…
[Feb 13 5:00 PM] On Tuesday, the crypto platform Umoja unveiled its beta version of hedging-as-a-service, designed to shield users from crypto losses. Umoja’s mission is to enhance the safety and accessibility of crypto investments, opening up hedging…
[Feb 13 8:17 AM] The company has onboarded institutional investors such as Pantera Capital, DeFiance Capital, Keyrock and Flare Network to its MPC wallet, and secured over $3 billion in blockchain transaction volume.
[Feb 12 12:52 AM] An Australian court has given a split decision in a case brought by Australia's markets regulator against Sydney-based crypto start-up Block Earner.
[Feb 11 9:00 AM] [toc] What Is SUI? Sui (pronounced “Swee”) is a decentralized Layer 1 proof of stake blockchain, meaning it serves as the foundational infrastructure for verifying and processing transactions, similar to Bitcoin and Ethereum. Layer 1…
[Feb 11 6:00 AM] The Sei (SEI) Network is a Cosmos-based layer-1 blockchain that aims to change the world of digital asset trading, especially in the decentralized exchange (DEX) ecosystem. It was specifically designed for the world of trading, featuring various…
[Feb 11 3:00 AM] United Nations (UN) sanctions monitors are reportedly investigating specific cases of hacking attacks allegedly carried out by North Korea-affiliated hackers between 2017 and 2023. Besides attacking decentralized finance platforms, the UN monitors…
[Feb 11 1:00 AM] The Hong Kong-listed OSL Digital Securities has participated in the Swiss banking giant UBS’s “investment-grade tokenised warrant and simulated product life cycle.” Patrick Pan said the partnership with UBS not only represents a…
[Feb 10 5:30 PM] This week, the Dydx Foundation revealed it has secured a $30 million allocation from the Dydx Chain Community Treasury. This financial infusion is designated to extend the foundation’s operational capacity by an additional three years…
[Feb 9 11:00 PM] Citrea, a project that aims to scale Bitcoin through ZK rollups, came out of stealth on Tuesday. The project aims to become a pathway for several initiatives to take advantage of the decentralization and security of Bitcoin while at the same time…
[Feb 9 5:04 AM] ERC-404 allows multiple wallets to directly own a single NFT, and, in the future, create a use case where that specific exposure can be tokenized and used to take out loans or stake holdings.
[Feb 6 2:53 PM] The U.S. Securities and Exchange Commission (SEC) widened its definition of a dealer today to pull many more financial operations into its jurisdiction – including, as it warned in a footnote of its original proposal – those dealing in crypto…
[Feb 6 9:00 AM] The recent airdrop of JUP, the token of the Solana native Jupiter exchange, was allegedly gamed by an individual who avoided established controls. An unknown airdrop hunter received 1.85 million JUP (almost $1 million) using over 9,000 wallets for…
[Feb 1 5:30 AM] Portal, the provider of a decentralized Bitcoin ecosystem, announced on Jan. 30 that it has raised $34 million via a seed funding round. Portal said the raised capital is set to fund the development of a decentralized exchange platform and a…
[Jan 31 3:13 AM] Developers on Sui are building products that people are using to address real-world challenges, according to Greg Siourounis, Sui's managing director.
[Jan 31 2:00 AM] A paper prepared by two Polygon Labs executives and a former Financial Crimes Enforcement Network (FinCEN) director presents a framework to combat illicit activity in decentralized finance (defi) markets. The document proposes three different…
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