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Elixir, a decentralized network aiming to enhance liquidity on orderbook exchanges, recently finalized a Series B funding round, reaching a valuation of $800 million.
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, 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
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
Crypto Firm Allegedly Transfers $4.2m To Sanctioned Russian Arms Dealer
UK-based crypto firm Copper Technologies reportedly transferred digital assets totaling more than $4.2m to a wallet associated with a Russian arms dealer. Subsequently, the individual faced US s...
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.
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
Social media users wonder if the display marks “cycle top” behavior.
Dogwifhat community members are raising $650,000 to put the meme on the Vegas Sphere. Such behavior may mark a local top, some say, but the donation address...
6 months ago
Mudrex is a Y-Combinator-backed, California-headquartered entity with a subsidiary registered with the Intelligence Unit of India.
Indian cryptocurrency investment platform Mudrex is now offering U.S. spot-bitcoin exchange-traded funds (ETFs) to Indian investors. Mudrex will initially l...
6 months ago
Bitcoin Spot ETFs See Consistent Inflows
In the wake of the successful launch of Bitcoin spot ETFs in the United States, financial institutions in Hong Kong are gearing up to tap into the growing demand for cryptocurrency investment pr...
6 months ago
Proposed MakerDAO Rate System Adjustment
Facing unprecedented market volatility and a significant reduction in reserves, BA Labs has proposed an emergency rate adjustment within the MakerDAO community forum. In an effort...
6 months ago
Solana’s DEX activity has been mostly led by Orca and Raydium.
Solana’s DeFi sector has experienced massive growth amid a market-wide rally. According to DeFiLlama’s data, the decentralized exchange trading volume on Solana from March 3 to March...
6 months ago
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