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The DeFi lending pioneer is poised to launch Phase 1 of its “Endgame” plan, which begins with rebranding, new tokens and scaling its Dai stablecoin.

Maker’s ‘Endgame’ readies launch, aims for 100B DAI to take on Tether

Decentralized finance protocol MakerDAO is preparing for the launch of its highly anticipated “Endgame” transformation that will focus the platform “toward scalable resilience ...

6 months ago

In a move aimed at bolstering ties with law enforcement in handling crypto-related crimes, Binance conducted a virtual assets law enforcement workshop for the officers of the Keelung District Prosecutors Office in Taiwan.

Binance bolsters web3 trust through law enforcement workshop in Taiwan

The event, announced on March 13, reflects Binance’s ongoing efforts to enhance safety within the web3 ecosystem and establish a more secure environment for users. The ...

6 months ago

Solana’s Booming NFT Sales

Solana-Based NFT Marketplace Tensor to Launch TNSR Governance Token

Tensor, an NFT marketplace on Solana launched in 2022, is planning to launch its governance token dubbed TNSR. The announcement from Tensor comes at a time when its protocols have trad...

6 months ago

The Polish Financial Supervision Authority (KNF) received authoritative powers to tighten the crypto market.

Poland’s Regulator Gets Authority to Block Crypto Access Ahead of MiCA Bill

The new powers will enable KNF to independently block crypto accounts for 96 hours if any suspension arises. However, in case of suspected criminal activity linked to funds in the account, the b...

6 months ago

U.S. Senator Cynthia Lummis said that while this shows that the government is bullish on crypto, a 30% tax would destroy the industry’s foothold in the country.

Biden resurrects 30% crypto mining tax in new budget proposal

United States President Joe Biden has revived the idea of a 30% tax on electricity used by crypto miners in his budget proposal for 2025. In a U.S. Department of the Treasury doc...

6 months ago

Elixir, a decentralized network aiming to enhance liquidity on orderbook exchanges, recently finalized a Series B funding round, reaching a valuation of $800 million.

Elixir secures $8 million in Series B funding

The round, co-led by Mysten Labs and Maelstrom, raised $8 million with contributions from entities including Manifold, Arthur Hayes, Amber Group, GSR, Flowdesk, among others.

6 months ago

New York City-headquartered blockchain startup Monad Labs is seeking $200 million to build the scalable smart contract distributed ledger.

Monad Labs reportedly in talks with Paradigm to raise $200m for ‘Ethereum killer’

Monad Labs, a blockchain startup founded by former Jump Trading staff, is reportedly aiming to secure $200 million in funding and is already in talks with crypto venture firm Para...

6 months ago

Thai Regulator Gives Investment Nod as Spot Bitcoin ETFs Cleared as Securities

Thailand SEC Clears Path for Accredited Investors to Dive Into US Bitcoin ETFs

The Thailand securities regulator has greenlit asset management firms to introduce private funds tailored to invest in Spot Bitcoin ETFs. However, access to these funds will be re...

6 months ago

Institutions representing “trillions of dollars” in assets are expected to buy into spot Bitcoin ETFs by June this year, says Bitwise’s Matt Hougan.

Large corporations, major wirehouses gearing up to buy Bitcoin

Institutions representing “trillions of dollars in assets” are preparing to buy into spot Bitcoin exchange-traded funds (ETFs) by the end of June, said crypto-native ...

6 months ago

According to data from BitMEX, BlackRock’s IBIT now has nearly 198,000 BTC, outpacing MicroStrategy’s holdings.

BlackRock Bitcoin ETF now holds more BTC than MicroStrategy

BlackRock’s spot Bitcoin exchange-traded fund (ETF) has outpaced MicroStrategy’s holdings of the cryptocurrency. According to data compiled by BitMEX Resear...

6 months ago