Ride the Crypto Wave
Ethena Labs is a decentralized Ethereum-based stablecoin (USDe) protocol. Ethena’s stablecoin is positioned as a savings instrument independent of the traditional banking system. It is backed by Ethereum collateral. The project has attracted investments worth $20.5 million from such funds as DragonFly Capital, Binance Labs, Delphi Digital and others. Now…
Ethereum-based restacking protocol EigenLayer has partnered with AI platform Ritual. This is reported by Cointelegraph with reference to the press release. It is known that the collaboration plans to create decentralized applications (dApps) with artificial intelligence (AI) support. “The goal of the partnership is to implement Ethereum-level restacking security on…
William Ogden Moore, lead analyst at Grayscale Investments, said that Ethereum’s appreciation came amid expectations of a Dencun upgrade in March 2024. Also contributing to the asset’s strength was the growing interest in liquid staking, the overall rise in network yields and the potential approval of the Ethereum-ETF in May,…
The Texas Blockchain Council (TBC) and the cryptocurrency mining company Riot Platforms were able to convince the judge to ban the “emergency” collection of data on bitcoin miners. Earlier this procedure was initiated by the US Department of Energy (DoE) and some government organizations. Temporary restraining order granted pic.twitter.com/LzYVycdEWK According…
The bankrupt crypto exchange FTX has settled a dispute over its European division. After a lengthy search for a buyer, it has agreed to sell FTX Europe to the former founders for $32.7 million, according to a Reuters report. The exchange’s management reportedly acquired Swiss startup Digital Assets AG (DAAG)…
From January 2017 to February 21, 2024, cryptocurrency projects have received investments worth more than $90 billion. In total, more than 9,500 funding rounds have been announced during this period. This was reported by The Block. Analysts noted that projects from such sectors as Blockchain Infrastructure, NFT and GameFi received…
CEO of Keyrock predicted the possibility of Ethereum-ETF approval.Kevin de Patul believes that the probability of approval of such products is more than 50%.He also stated that there will be difficulties with the adoption of these exchange traded funds. The probability of approval of spot Ethereum-ETFs is higher than 50%.…
Entrepreneur, investor and author of the famous book “Rich Dad, Poor Dad” Robert Kiyosaki told what happens if bitcoin “falls”. I am often asked “What happens if Bitcoin crashes?” My reply is the same for Bitcoin, gold, or silver. My reply is “I would be happy and I would buy…
In the period from February 17 to 24, 29 projects attracted investments totaling $241.5 million. In particular, during the week funding was received by: The Winklevoss brothers also invested $4.9 million in Fairshake, a cryptocurrency political action committee in the United States that aims to help political party candidates in…
Starknet is a decentralized ZK storage that works as a Layer 2 on Ethereum, allowing any decentralized application to achieve unlimited scale for its computations without compromising the compatibility and security of Ethereum. The project has raised $282.5 million in investment from Pantera Capital, Paradigm, Sequoia Capital, Coinbase Ventures, ConsenSys…