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SynFutures Raises $22 Million in Funding Round Led by Pantera Capital
October 19, 2023
SynFutures, a promising name in decentralized derivatives exchanges, has successfully raised $22 million in a funding round. This significant investment was led by the notable Pantera Capital. Other prominent participants …
Read morePolygon Announces Council for Decentralized Governance
October 19, 2023
Polygon, a notable player in the realm of decentralized finance, has proposed a new form of decentralized governance. The project has named 13 'inaugural members' to its council, forming a …
Read moreMajor Crypto Firms Sued by New York Attorney General for Alleged Investor Fraud
October 19, 2023
New York's attorney general has filed a lawsuit against prominent cryptocurrency firms, Gemini, Genesis, and Digital Currency Group (DCG), alleging fraudulent practices in their Gemini Earn investment program. The charges …
Read moreCoinbase Establishes Ireland as Main European Crypto Hub
October 19, 2023
Leading cryptocurrency exchange, Coinbase, has officially declared Ireland as its primary hub in Europe. The U.S-based firm has made this move in an effort to comply with the impending European …
Read moreAptos Network Experiences 5-Hour Outage On Its First Anniversary
October 19, 2023
The Layer-1 blockchain, Aptos Network, suffered a major hiccup as it experienced a 5-hour network glitch, making it impossible to process any transactions. The issue occurred on the same week …
Read moreEthereum Faces Uphill Battle as Staking Demand Drops and Prices Struggle To Hold Support
October 19, 2023
In recent times, Ethereum has been grappling with numerous challenges. Earlier this year, Ethereum staking witnessed increased interest, specifically with the rise of Lido Finance in the DeFi sector. However, …
Read moreFDIC to Revise Crypto Guidance Policies Following Critical Audit
October 19, 2023
The United States Federal Deposit Insurance Corporation (FDIC), has been extensively criticized for leaving its member banks unable to meet the agency's crypto standards. This resulted from a recent report …
Read moreTaproot Assets Alpha Launched by Lightning Labs for Asset Tokenization on Bitcoin Network
October 19, 2023
Building on Bitcoin's layer-2 infrastructure, Lightning Labs has unveiled the mainnet alpha of Taproot Assets. The new protocol is geared towards enabling stablecoins and real-world assets to be issued on …
Read moreTesla Holds Bitcoin Assets Steady; Pours Resources into AI Expansion
October 19, 2023
Tesla maintained its Bitcoin (BTC) holdings in Q3 2023, simultaneously gearing resources toward AI initiatives. The electric vehicle manufacturer released its Q3 report on Oct. 18, revealing a balance of …
Read moreLearn Concept: The Rising Impact of Stablecoins on US Treasury
October 19, 2023
Within the vast landscape of the crypto market, stablecoins have carved out a significant niche for themselves. Worth noting, they have amounted to an immense value of approximately $120 billion …
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