SushiSwap DAO backs transition to ‘Labs model’ in preliminary vote

More than 62% of SushiSwap voters backed the move to a “Labs model” in a signal vote on April 10, showing support for the DEX’s shift toward a less decentralized business structure.

SushiSwap DAO backs transition to ‘Labs model’ in preliminary vote

Decentralized exchange SushiSwap has received a positive sign to move forward with a controversial plan for a less decentralized business model.  According to a signal vote c...

5 months ago

Crypto Twitter reacts as Russian gov’t reviews finalized crypto bill

Russia’s finance ministry shared the amended and finalized crypto bill with the government, which recommends using cryptocurrencies as legal tender.

Crypto Twitter reacts as Russian gov’t reviews finalized crypto bill

The Ministry of Finance (MinFin) of Russia finalized a draft bill named “On Digital Currency” and has sent it to the Russian government for approval to be passed as law. Th...

5 months ago

Queensland law enforcement agency calls for more powers to seize crypto

The Crime and Corruption Commission is calling for a reform of Queensland’s Criminal Proceeds Confiscation Act 2002 to counter the growing illicit use of cryptocurrencies in the state.

Queensland law enforcement agency calls for more powers to seize crypto

The Crime and Corruption Commission (CCC), a law enforcement agency in Queensland, Australia, has identified certain gaps in state laws that encourage criminal use of digital assets. T...

5 months ago

TRM Labs appoints ex-Interpol president as senior advisor

Blockchain forensics firm TRM Labs has expanded its leadership team, appointing Boon Hui Khoo as senior advisor.

TRM Labs appoints ex-Interpol president as senior advisor

In a blog announcement on April 11, blockchain forensics firm TRM Labs announced the appointment of Boon Hui Khoo as senior advisor, signalling the company’s strategic ...

5 months ago

Bankrupt Voyager secures $484.35M for creditor repayments

This secured fund, inclusive of interest, accounts for about 25% of Voyager’s creditors’ aggregate claims and is anticipated to be disbursed shortly.

Bankrupt Voyager secures $484.35M for creditor repayments

Voyager Digital has made significant strides in compensating creditors post-bankruptcy, securing $484.35 million through settlements with FTX, Three Arrows Capital (3AC), and Directors and Offic...

5 months ago

EU Watchdog Warns 90% of Crypto Trading Funneled Through Few Exchanges

MiCA Regulation Yet to Boost Euro Adoption in Crypto

EU Watchdog Warns 90% of Crypto Trading Funneled Through Few Exchanges

The European Union’s (EU) securities regulator warned about the high concentration of trading activity on a limited number of crypto exchanges. Notably, Binance, a single platform, control...

5 months ago

STEPN Launches $30M FSL Points Airdrop Prior to Partnership Reveal

The 100 Million FSL Points Airdrop

STEPN Launches $30M FSL Points Airdrop Prior to Partnership Reveal

The web3 move-to-earn app STEPN has launched a 100 million FSL Points ‘trailblazer’ airdrop campaign ahead of its partnership announcement. According to a press r...

5 months ago

Intent execution network aims to simplify blockchain with $15M investment led by Polychain

The rapid expansion of blockchain technology presents opportunities and challenges in scalability and user navigation within an increasingly fragmented ecosystem.

Intent execution network aims to simplify blockchain with $15M investment led by Polychain

As the blockchain landscape flourishes, scalability and user navigation emerge as significant challenges. DappOS, an intent execution network, secures $15.3 million in Series A funding l...

5 months ago

Paradigm leads $225M funding round for new ‘Solana killer’ L1

Crypto VC Paradigm is leading a $225 million funding round into a new layer-1 as VC interest in crypto investments continues to rise.

Paradigm leads $225M funding round for new ‘Solana killer’ L1

Crypto-focused venture capital (VC) firm Paradigm is leading a $225 million funding round into a new layer-1 blockchain network, which is set to compete for market share with Solana and other to...

5 months ago

Restaking protocol EigenLayer partially launches on Ethereum mainnet

EigenLayer is live on the Ethereum mainnet, but several crucial features are still on the way “later this year.”

Restaking protocol EigenLayer partially launches on Ethereum mainnet

Ethereum restaking protocol EigenLayer, which touts over $13 billion in assets, has launched onto the blockchain’s mainnet, but some key features are still to come and will go live sometim...

5 months ago

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