‘Not a classic VC’: Tether plans to invest up to $1B in one year
Tether’s VC arm has already spent about $2 billion on tech like AI and alternative financial infrastructure over the past...
Month: June 2024
MultiversX boosts layer-2 transaction speed with Sovereign Chains
Existing L2 networks can increase their transaction and smart contract throughput by 100 times by utilizing Sovereign Chains.
ZKsync’s Billion-Dollar Airdrop: Are You One of the 695,232 Recipients?
TLDR ZKsync, an Ethereum layer-2 network, will airdrop 17.5% of its 21 billion ZK token supply to 695,232 eligible wallets...
Uniswap Labs Acquires Onchain Survival Experience Crypto: The Game
Uniswap Labs has announced the acquisition of Crypto: The Game (CTG), an onchain experience mimicking mainstream TV shows like Survivor...
Solana Launches Mainnet Beta v1.18.15 Upgrade to Address Network Stability
Solana has recommended validators in the network upgrade to the latest Mainnet Beta 1.18.15, which includes several fixes to address...
Abu Dhabi Regulator, ADGM, Signs Digital Assets MoU With Bermuda Monetary Authority
The Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM) and the Bermuda Monetary Authority (BMA) have...
Study: 14% of ‘Early Adopter’ Kiwis Own Cryptocurrency; Majority Favor It Over Real Estate
At least 14% of New Zealanders surveyed said they have owned cryptocurrency or held digital assets in the past. The...
Crypto hacks increase in 2024, but smart contracts not to blame
Smart contracts are no longer the biggest concern, as hackers are vying for easier targets, such as private key leaks.
ZkSync says 695K wallets eligible for next week’s ZK token airdrop
The Ethereum scaling blockchain set aside two-thirds of its 21 billion ZK token supply to give to its community, with...
Australian MP says the country needs blockchain ‘more than ever’
Australian Parliament Member Andrew Charlton said blockchain technology could add $60 billion to the economy and reverse stagnating productivity growth.
DeFi Technologies adopts Bitcoin treasury strategy
The publicly listed Canadian company announced the purchase of 110 BTC and repayment of $5 million in debt by its...
Optimism reaches ‘Stage 1’ decentralization, implementing fault proofs
The team has implemented fault proofs on Optimism mainnet, and users can now independently initiate withdrawals “without involvement from any...
Gold Production Struggles Despite 2024 Q1 Surge
The gold mining industry struggles to sustain production growth due to declining new deposits, reports the World Gold Council (WGC)....
FTC Warns of Crypto Scams From Online Love Interests
The U.S. Federal Trade Commission (FTC) has issued a warning about cryptocurrency romance scammers who offer investment advice. The FTC...
HSBC China Introduces Digital Yuan Services for Corporate Clients
HSBC Bank (China) Ltd. announced on Friday the launch of digital yuan (e-CNY) services for corporate clients, becoming one of...
