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Acre, a bitcoin staking platform that allows users to earn rewards in bitcoin, has raised $4 million in a strategic funding round at a $90 million token valuation.Investors in the round include Draper Dragon, Big Brain Holdings and Orange DAO, Acre said Thursday. The round also saw participation fro…
The European Central Bank (ECB) laid out plans to establish a payment system to settle transactions in central bank money. The two-track plan includes establishing a settlement platform using central bank money and creating a long-term solution for using central bank money in digital ledger-based tr…
Cross-border payment services firm MANSA has completed a $10 million financing round led by USDT stablecoin issuer Tether, fueling the company's global expansion.According to a press release, Tether led MANSA’s $3 million pre-seed funding that was co-led by Polymorphic Capital, with other participan…
Japanese investment firm Metaplanet acquired an additional 68 BTC ($6.6 million) to expand its total bitcoin holdings to 2,100 BTC ($203 million), as the company remains bullish on the world's largest cryptocurrency.Metaplanet disclosed on Thursday that it purchased an additional 68.59 BTC at an ave…
EigenLayer, Polymarket and UMA are collaborating to research and potentially explore the development of a next-generation oracle system.The oracle is set to utilize EigenLayer's infrastructure, likely tapping into its restaking mechanism and the EIGEN token."We’re working with UMA protocol and Polym…
A wallet associated with Barstool Sports founder Dave Portnoy deployed a Solana memecoin named Greed and sold a large chunk of the supply afterward to cause the token to collapse.Analytics firm Lookonchain noted that Portnoy bought $357.9 million worth of the memecoin, which amounted to 35% of the t…
Hong Kong’s top financial regulator has released a new roadmap to further develop its cryptocurrency industry with proper regulation as the region continues its drive to become a crypto hub.The Securities and Futures Commission announced 12 initiatives today to “enhance the security, innovation and …
Onchain security platform Blockaid has raised a $50 million Series B at an undisclosed valuation, according to an announcement released on Tuesday. The round was led by Ribbit Capital, with participation from GV and existing investors, including Variant and Cyberstarts.Blockaid is a cybersecurity te…
The U.S. Securities and Exchange Commission acknowledged Tuesday a spot XRP ETF filing from Cboe BZX Exchange, on behalf of Bitwise, to list and trade shares of the Bitwise XRP ETF.In a filing acknowledging the proposal, the SEC asked for comments to be sent 21 days after its filing was published in…
An initial batch of customers of bankrupt exchange FTX are beginning to receive their funds over the next few days, with others set to get their share in the coming months.Convenience class customers, those claiming up to $50,000 will begin seeing their funds in the next one to three business days, …
The Hyperliquid EVM (or HyperEVM) has gone live, a move the Hyper Foundation describes as "bringing general-purpose programmability" to the network.HyperEVM is a component of the Hyperliquid ecosystem, specifically designed to integrate an Ethereum Virtual Machine into its Layer 1 blockchain. It ena…
The developers of Geth, the official Go client of the Ethereum blockchain, requested that the network’s validators using version 1.15.1 update to v1.15.2 immediately “to prevent potential financial loss.”The upgrade to version 1.15.2 aims to prevent network stability and disruptions in validator ope…