Cryptocurrency Analysis and News Portal
Bitcoin remained steady above $87,000 in Asian afternoon hours Wednesday as traders continued to monitor U.S. data releases and how the levy of U.S. tariffs will play out starting April 2, with most in wait-and-watch mode.Majors were little-changed in the past 24 hours as Solana’s SOL, xrp (XRP), BNB Chain’s
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Crypto start-up Plasma unveiled technical features of its stablecoin-specific blockchain, promising fast and efficient global stablecoin transfers by employing a "HotStuff-inspired" consensus mechanism.The HotStuff consensus is an example of Byzantine Fault Tolerance (BFT) for blockchains that allows consensus even when some nodes are faulty or malicious. Imagine a group of
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The Celo blockchain's long-awaited plan of becoming an Ethereum layer-2 chain has been completed, ending an almost two-year process, the main organizations behind the network said Wednesday.The transition ends a long journey beginning back in July 2023 for the layer-1 blockchain that included a community vote in July 2024 and
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Crypto prime broker FalconX has seen the departure of several senior staff recently, according to three people with knowledge of the matter.Among those resigning was Tommy Doyle, FalconX's European head, according to the sources. The global chief compliance officer, general counsel, and head of credit at FalconX have also resigned,
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In a conversation at the Exchange conference in Las Vegas, which has brought together about 2,000 investment advisors and asset managers, Dominic Rizzo, global technology portfolio manager at R. Rowe Price—the firm that handles over $1 trillion in assets—said that now is a good time to have exposure to bitcoin.He
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The market value of tokenized U.S. Treasuries this week surpassed the $5 billion for the first time, rwa.xyz data shows, as demand for blockchain-based real-world assets (RWAs) accelerates.The asset class grew by $1 billion through just two weeks, led by inflows into asset management giant BlackRock's and digital asset firm
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The long-running legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) seems to finally be near an end, with Ripple emerging victorious.The SEC will return the lion’s share of the $125 million-court ordered fine paid by Ripple last year, according to a Tuesday X post from
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Chronicle, a blockchain data provider focused on tokenized assets, announced on Tuesday that it has raised $12 million in a seed funding round.The investment was led by Strobe Ventures, formerly known as BlockTower Capital. Other backers include Galaxy Vision Hill, Brevan Howard Digital, Tioga Capital and Fenbushi Capital, alongside notable
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Decentralized lending platform Abracadabra.Finance suffered an attack that drained $13 million worth of cryptocurrency from pools tied to GMX liquidity tokens.Blockchain security firm PeckShield flagged that contracts involving decentralized exchange GMX and Abracadabra were compromised, leading to the theft of 6,260 ETH, worth around $12.98 million at the time of
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Meme coin incubator CoreSky has raised $15 million in Series A funding, to accelerate the development of its platform.The funding, which brings the company’s total backing to $21 million, was led by Tido Capital with participation from WAGMI Ventures, CoPilot Ventures Studio, Web3vision, and Parallel Ventures.CoreSky’s platform enables user voting
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