Blockstream, a provider of crypto infrastructure, raised $125 million through the sale of convertible notes and secured loans to fund the expansion of its bitcoin hosting services. According to a press release published on Tuesday, the firm, which raised $210 […]
For Bitcoin Mining Operations, Blockstream Raises $125M Read More »
Key Highlights: One of the principal lenders to Terra Luna was Mars protocol and Anchor. After Terra’s demise, the entire value locked in the Mars Protocol loan app and the Astroport exchange decreased by $1.2 billion. The new Mars Protocol
Terra’s Lending Protocol, Mars Hub, to Launch Its Mainnet Soon Read More »
Ssv.network is an open-source, decentralized protocol. This DAO has established a $50 million Ecosystem Fund to aid in the creation of apps based on Distributed Validator Technology (“DVT”). According to a news release, the initiative received funding from a number
SSV.Network DAO Launches $50Mn Fund To Promote Ethereum’s Decentralization Plan. Read More »
Shanghai, China, is moving swiftly to include the metaverse in its residents’ daily life. A pilot project to transform 20 different metropolitan areas into “main metaverse application scenarios,” which would use digital technology in various ways, was recently unveiled by
Shanghai Launches Metaverse Pilot Program At 20 Urban Spots Read More »
Key Highlights: According to reports, Iran and Russia are working together to introduce the “Token of the Persian Gulf,” a stablecoin backed by gold. The stablecoin’s main goal will be to make international payments easier. Russia and Iran are both
Russia Partners With Iran To Launch Gold-backed Stablecoin Read More »
The Polygon community was first made aware of the hard fork debate in December 2022. According to a recent article by Polygon Labs, the planned hard fork on January 17 will lessen chain reorganizations and network gas fee spikes. However,
Polygon Blockchain Announces Upcoming Hard Fork To Address Gas Spikes & Reorgs Issues Read More »
The latest company to enter the Bitcoin (BTC) exchange-traded fund (ETF) market is Samsung Asset Management Hong Kong (SAMHK), which will begin listing the “Samsung Bitcoin Futures Active ETF” on the Hong Kong stock market on January 13. What happened
Samsung To Launch Bitcoin Futures ETF In The Hong Kong Stock Market Read More »
Key Highlights: Although the company withheld information about the magnitude of its obligations, it did state that the ratio of reserves to liabilities was still “greater than 1:1.” With Binance-based wallets, WazirX users often park their funds, with Shiba Inu
WazirX Publishes Proof Of Reserve To Restore The Trust Of The Crypto Community Read More »
Key Highlights: MicroStrategy sold 1,261,744 shares to the firm. The shares make up 13.5% of the Class A stock of MicroStrategy. According to a US Securities and Exchange Commission filing, proprietary trading firm Group One Trading held a “beneficial” position
Market Maker, Group One, Acquires 13.5% Stake In MicroStrategy. Read More »
Key Highlights: After a two-year wait, the first phase of the Flare token airdrop finally happened on Monday. The total number of Flare tokens given out as part of the airdrop was 4.28 billion. After a two-year wait, the Flare
Flare Network Is All Set To Airdrop The FLR Token Read More »
