New Ethereum Layer 2 Blast Attracts $30M Hours After Bridge Goes Live
Blast boasts prominent investors Paradigm and eGirl Capital among others, but there’s no way to withdraw funds until February. Source
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Attracts
OpenAI Attracts Google Researchers by Offering Massive $10M Package
Despite the market slowdown, OpenAI continues with aggressive hiring by strategically leveraging the growing interest in AI technology. OpenAI is said to be presenting substantial compensation packages, reaching as high as $10 million, to entice top researchers away from Google, as per a report from The Information. This marks OpenAI’s
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Consultation on digital pound attracts more than 50,000 responses, privacy is key concern
The Bank of England’s consultation on the digital pound has sparked widespread public debate, underscoring critical concerns about privacy, cash usage and the currency’s future trajectory. The Bank of England has received more than 50,000 responses, on its idea of introducing a digital pound. Deputy Governor Jon Cunliffe talked about this
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Privacy Infrastructure Developer Nym Technologies Attracts $300M in Crypto Fund Commits
The program will open for applications in November, and the initial focus for applications will be crypto wallets, remote procedure calls (RPCs) and essential resources, tools, infrastructure and initiatives that benefit the broader ecosystem and are available to the public as open-source projects. Developers from any category, such as gaming,
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Frax Finance's Fed Yield-Matching Staking Vault Attracts $30M, FXS Steady
Early Thursday, Frax unveiled sFRAX staking vault, allowing users to take advantage of higher interest rates in the U.S. Source
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Uniswap outperforms Coinbase in spot volumes, Maple Finance returns to Solana, Borroe attracts investor interest
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Uniswap’s (UNI) spot volume has been rising since early 2023. It exceeded Coinbase’s at some point, highlighting the platform’s increasing popularity. Elsewhere, Solana (SOL) appears to be recovering after Maple Finance resumed operations on its network.
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Solana DeFi Lender MarginFi Attracts Record Growth, Airdrop Farmers
One token that keeps hitting the max is bSOL, the LST issued by Solana validator service SolBlaze. The 5,000 bSOL tokens currently deposited on MarginFi represent nearly 7% of all bSOL tokens in existence; even more are waiting on the sidelines, said the pseudonymous founder of SolBlaze (who goes by
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Floki Attracts Chinese Speculators as Valhalla Game Targets Chinese Gaming Market
Starting June 1, Hong Kong will allow traders to invest in some tokens, such as bitcoin, ether and solana, on regulated exchanges in the country. Traders are not allowed to hold any stablecoins, but the move has fuelled sentiment that wealthy Chinese speculators could soon plough money into the crypto
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Arbitrum DEX Chronos Attracts $170M From Traders in a Single Day; CHR Jumps
Chronos, which launched on April 27, is a so-called (3,3) exchange, using staking as a primary resource for accruing value to its token to achieve store-of-value status. The (3,3) paradigm was made famous by Ethereum-based Olympus DAO – one of the most prominent projects of the previous crypto bull run. Source
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FTX Reboot Plan Attracts Interest From VC Firm Tribe Capital: Report
Tribe, whose portfolio included FTX ahead of its dramatic collapse in November, is considering leading a $250 million fund raise, with a $100 million commitment from itself, according to the report. A source told Bloomberg that Tribe Capital co-founder Arjun Sethi met with FTX’s official committee of unsecured creditors in
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