BlackRock’s BUIDL Fund: The New King of Tokenized Treasuries
TLDR BlackRock’s USD Institutional Digital Liquidity (BUIDL) Fund paid out nearly $1.7 million in monthly dividends to its holders on...
Month: June 2024
Base Dominates Ethereum Layer 2 Profitability: TVL Skyrockets to $7.6 Billion
TLDR Coinbase’s Ethereum Layer 2 network, Base, generated over $6 million in on-chain profits in May, outperforming competitors like Blast...
Fhenix Raises $15M & Launches Helium Testnet, Enabling Confidential Smart Contracts on Layer 2
TLDR Fhenix, an Ethereum Layer 2 network focused on data confidentiality, has raised $15 million in a Series A funding...
Argentina Officially Launches Virtual Assets Service Providers Registry
The Argentine securities watchdog (CNV) announced the official launch of Argentina’s Virtual Assets Service Provider (VASP) Registry, allowing almost 100...
FLOKI Token Reaches 417,400 Holders, Leading Memecoin on BNB Chain
The memecoin FLOKI recently crossed 417,400 holders on the BNB Chain, making it the biggest memecoin on that blockchain by...
First Civil Lawsuit Filed Against Crypto Platform JPEX for Alleged Fraud
Two citizens, Chan Wing-yan and Herbert Lee Sun-him, have filed the first civil lawsuit against the cryptocurrency platform JPEX, seeking...
Microsoft India X Account Hijacked by Crypto Scammers
Cryptocurrency scammers recently hijacked the official Microsoft India X account, which boasts over 211,000 followers, to impersonate Roaring Kitty, the...
Ethereum (ETH) to $10k This Cycle & Will Outperform Bitcoin: ETFs Will be The Catalyst
TLDR Ethereum (ETH) spot ETFs are expected to attract significant inflows, potentially reaching $4 billion within the first five months...
Bybit Report Shows Growing Popularity of Meme Coins Among Institutional and Retail Investors
A new report by crypto exchange Bybit shows that meme coins are becoming significant components of crypto portfolios. Institutional meme...
Peter Brandt Predicts Bitcoin Bull Market With BTC Potentially Reaching $150,000
Veteran trader Peter Brandt has emphasized the symmetry in bitcoin bull market cycles, suggesting the next peak may occur in...
Australian Court Exempts Block Earner from Paying Penalty; Criticizes Regulator’s Misleading Press Release
A Federal court in Australia has relieved the crypto firm Block Earner from paying a penalty for breaching the financial...
Digital Yuan App Drops ‘Pilot’ Description, Hints at Change to Production Ready Status
The digital yuan app, which services users of the Chinese CBDC, has dropped the ‘pilot’ label from its name without...
Decentralized Prime Brokerage Terminal Blueberry Protocol Raises $2.5M
TLDR Blueberry Protocol raises $2.5M in Series A funding led by White Star Capital Blueberry provides decentralized access to generalized...
Japanese blockchain Astar proposes $38M token burn
The tokens were initially reserved for a parachain slot on Polkadot but have since fallen out of use.
Who governs Ethereum? Galaxy report reveals all
A Galaxy Digital report reveals Ethereum’s decentralized governance avoids direct on-chain voting, detailing key stakeholder roles and transparency challenges.
