Leading Avalanche developer Ava Labs is raising $350 million in a new financing round. As reported by Bloomberg, the round was not yet made public, but the person familiar with…
Although most of the news focuses on the meteoric price rise of Bitcoin, there’s a phenomenon brewing underground. It is referred to as decentralized finance, or Defi, as it’s popularly…
Earlier this month, digital assets analysis firm Arcane research published a report on the state of the Bitcoin Lightning Network, in which it examined key factors behind the growing popularity…
Tether, the operator of the most liquid and widely-used stablecoin USDT, has announced the launch of its dollar-pegged digital currency on Kusama, a “canary network” of Polkadot. As of Wednesday,…
Splinterlands, a popular Play-to-Earn (P2E) digital card game, has announced a major shift in the way blockchain transactions will be handled on its network. The new Splintershards (SPS) validator nodes,…
The Merge, a phase when the Ethereum mainnet will merge with Beacon Chain and transition from the Proof-of-Work (PoW) to Proof-of-Stake (PoS) consensus mechanism has experienced another setback. According to…
Luna Foundation Guard (LFG) has added an additional 2,508 BTC to its UST Reserve Bitcoin address and now holds 42,406 BTC, worth $1.72 billion at current market rates. The massive…
Financial services giant Fidelity, with more than $11 trillion in assets under management (AUM), has announced the launch of two new exchange-traded funds (ETF) that will give its clients the…
The promising blockchain-based play-and-earn mobile title Blast Royale has successfully closed a seed funding round, First Light Games announced on April 13. The funding round, which raised $5 million through…