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Zohran Mamdani has won the New York City mayoral election after a long campaign. Over the past year, the cityâs crypto industry has been watching closely to see what a Mamdani mayorship could mean for the blockchain space.The Associated Press called the race in favor of Mamdani on Wednesday. He beatâŚ
Wildcat Labs, the developer of the Wildcat lending protocol, announced on Friday that it has raised $3.5 million in a seed extension round led by Robot Ventures to help scale onchain undercollateralized credit adoption."We are thrilled to invest in Wildcat as they tackle one of the biggest problems âŚ
Venture capital firm Digital Currency Group (DCG), the parent company of many entities tied to cryptocurrency and blockchain, has filed a complaint against two of its subsidiaries over a promissory note to guard against the 2022 default of Three Arrows Capital (3AC).In a Thursday filing in the US BaâŚ
Ethereum co-founder Vitalik Buterin has thrown support behind so-called Ether treasury companies, but warned the trend could spiral into an âoverleveraged gameâ if not handled responsibly.In an interview with the Bankless podcast released on Thursday, Buterin said the growing number of public companâŚ
Solana price is trading with a bullish bias, riding the wave of positive sentiment toward altcoins. However, analysts say this may be the calm before the storm as SOL demonstrates weakness across all key pairs.A prevailing capital rotation is happening, favoring high-fundamental and liquid altcoinsâŚ
Artificial intelligence and crypto investment firm Galaxy Digital has been given the nod from the US Securities and Exchange Commission to list on the Nasdaq stock exchange. The company, which is listed on the Toronto Stock Exchange (TSX), plans to relocate its home base from the Cayman Islands to DâŚ
Andre Cronje, co-founder of Sonic Labs, hinted at perfecting the contentious idea of an algorithmic crypto stablecoin over three years after TerraUSD kickstarted a $40 billion ecosystem failure. On March 21, Cronje posted, âpretty sure our team cracked algo stable coins today, but previous cycle gavâŚ
The Sonic blockchain is working on the implementation of its yield-generating, algorithmic stablecoin despite fears over a potential collapse similar to the Terra-Luna meltdown that led to the industryâs longest crypto winter.Algorithmic stablecoins employ code-based mechanisms to ensure their priceâŚ
A US bankruptcy court has authorized liquidators of defunct crypto hedge fund Three Arrows Capital (3AC) to increase their claim against collapsed crypto exchange FTX from $120 million to $1.53 billion.Chief Judge John Dorsey rejected FTXâs debtorsâ argument that the amended proof of claim (POC) froâŚ
Bitcoin is steadily trading above the key $95,000 psychological support despite one of the largest intraday selling events since 2022.Bitcoinâs price staged a significant reversal after it briefly bottomed at an over one-week low of $94,726 on Feb. 9, Cointelegraph Markets Pro data shows.Bitcoin prâŚ
Cross-chain swap protocol THORChain has paused its THORFi services as it faces financial uncertainties with allegations of insolvency swirling around.The move is part of a 90-day "restructuring" plan to reduce the issues associated with "Savers and Lending" programs, which appear to have accumulatedâŚ
Canadian Conservative front-runner Pierre Poilievre has become a darling among crypto proponents, who say he will usher in a new era of financial freedom â but others fear he has more to lose than gain by embracing crypto in this upcoming election cycle.After former Canadian Prime Minister Justin TrâŚ