Tim Draper Backs Bitcoin Lending Protocol Zest in $3.5 Million Seed Funding
Draper Associates, the venture capital firm established by renowned investor Tim Draper, has led a $3.5 million seed funding round for Zest Protocol. This innovative protocol operates on the Stacks blockchain, which is designed to bring smart contracts…
Bitcoin ETFs Experience Record Inflows: A New Era of Investment
In a remarkable turn of events, Bitcoin ETFs have witnessed their largest inflow since May 3, with a staggering $303 million entering the market. This surge of capital marks a significant milestone in the cryptocurrency investment landscape, signaling a…
Top 5 DePIN Projects for Earning Passive Income Through Bandwidth Sharing
In the digital age, passive income streams have become increasingly sought after, and Decentralized Physical Infrastructure Networks (DePIN) are at the forefront of this trend. These projects leverage blockchain technology to monetize various forms of…
Hacker gives back phishing victim’s crypto valued at $71 million
This was nearly the case for a crypto whale who, on May 3, 2024, fell victim to a sophisticated phishing attack, resulting in the loss of 1,155 Wrapped Bitcoin (WBTC), valued at a staggering $71 million. The incident serves as a stark reminder of the…
Franklin Templeton acknowledges Base Network in Success with Friend.Tech
Franklin Templeton, a powerhouse asset manager overseeing trillions in assets, has recently turned its attention to the burgeoning field of Social Finance (SocialFi). In a groundbreaking report, Franklin Templeton highlights Base, an Ethereum…
Ethereum Co-Founder Joe Lubin Criticizes SEC for Spreading ‘FUD’
Recently, Ethereum co-founder Joe Lubin voiced his concerns over the U.S. Securities and Exchange Commission’s (SEC) approach towards the crypto industry, which he believes is designed to instill “fear, uncertainty, and doubt” (FUD).…
Floki Inu to be Title Sponsor for Ireland v Pakistan T20I Series
In a groundbreaking move, the cryptocurrency ecosystem Floki Inu has been announced as the title sponsor for the upcoming “Ireland v Pakistan T20I Series”. This three-match cricket series promises to be a thrilling contest between two…
Stakeholders Rally Behind EU’s Digital Asset Framework and Solicitation Regulations
In a significant development for the digital asset space within the European Union, the European Securities and Markets Authority (ESMA) has garnered substantial support from its Securities and Markets Stakeholder Group (SMSG) on two pivotal…
Standard Chartered: Digital Assets May Benefit from a Trump Victory
Standard Chartered, a global banking institution, has reiterated its stance on digital assets in light of the U.S. presidential elections. The bank suggests that a Trump victory could have implications for the crypto market, particularly…
South Korea’s Political Parties to Embrace Digital Assets
South Korea, a global hub for cryptocurrency trading and innovation, has witnessed significant developments in its political landscape. The winning party, the People Power Party (PPP), has expressed its intention to explore the legalization…