EthereumBeginnerAvara, the company behind the popular Lens Protocol, has raised $31 million in a funding round led by Lightspeed Faction. The funds will be used to scale the Lens network, a Layer-2 blockchain specifically designed for social applications. Lens, a decentralized social graph protocol, intends to…
#aave#crypto#defi
ArbitrumBeginnerSynthetix, a leading decentralized finance (DeFi) protocol, has recently launched multi-collateral perpetuals (perps) on Base, a popular Layer-2 scaling network. This development is part of a broader revamp of the Synthetix protocol, which aims to enhance its functionality and user experience.…
#coinbase#crypto#defi
SolanaBeginnerBitwise Asset Management has launched a Solana staking Exchange-Traded Product (ETP) in Europe, marking a significant move for the firm amid delays in its US Solana ETF applications. The new ETP, trading under the ticker BSOL, offers investors exposure to Solana (SOL) while also providing staking…
#crypto#etfs#european
BitcoinBeginnerAn Ohio legislator has proposed a bill to create a Bitcoin fund within the state treasury, making Ohio the third U.S. state to pursue such an initiative in a little over a month. Ohio House Republican leader Derek Merrin introduced HB 703, also known as the Ohio Bitcoin Reserve Act, on December…
#crypto
GeneralBeginnerThe owner of the popular social media figure “Peanut the Squirrel,” Mark Longo, has accused Binance of intellectual property theft. Longo claims that Binance has used his trademark and mascot likeness without permission to promote the Peanut the Squirrel (PNUT) cryptocurrency. Longo’s legal team…
#binance#coinbase#crypto
AvalancheBeginnerAvalanche, a high-performance Layer-1 blockchain platform, has successfully raised $250 million in a private token sale led by prominent investors such as Galaxy Digital, Dragonfly, and ParaFi Capital. This significant funding round comes ahead of the highly anticipated “Avalanche9000” upgrade,…
#crypto#defi#tokens
BitcoinBeginnerThe Prudential Regulation Authority (PRA), the regulatory arm of the Bank of England, has requested that businesses disclose their current and future exposure to cryptocurrencies. This move aims to enhance the PRA’s understanding of the financial stability implications of crypto assets and inform…
#banks#crypto#uk
GeneralBeginnerCoinbase, one of the world’s largest cryptocurrency exchanges, has announced plans to delist Tether’s USDT stablecoin from its European platform. This decision comes in response to the European Union’s Markets in Crypto-Assets Regulation (MiCA), which imposes stricter regulations on…
#coinbase#crypto#european
BitcoinBeginnerThe U.S. Securities and Exchange Commission (SEC) has taken a significant step toward approving the listing of a new Bitcoin and Ethereum exchange-traded fund (ETF). The SEC has initiated a public comment period on NYSE Arca’s application to list a Bitwise ETF that would track both Bitcoin and…
#crypto#donald-trump#etfs
EthereumBeginnerTether, the largest stablecoin issuer, has once again increased its USDT supply on the Ethereum network. The company recently minted an additional 1 billion USDT, bringing the total supply of the stablecoin on Ethereum to a significant level. This latest issuance highlights the continued demand…
#crypto#tether
GeneralBeginnerIndia is actively preparing for a future where the Central Bank Digital Currency (CBDC) plays a pivotal role in the country’s economy. This sentiment was expressed by the Reserve Bank of India (RBI) Governor, who highlighted the potential benefits of a CBDC in enhancing financial inclusion,…
#asia#cbdc#central-bank