SharpLink Gaming plans to invest $200 million worth of Ether from its corporate treasury into Consensys Linea network. This initiative will use Linea’s zkEVM layer-2 infrastructure to create onchain yield and improve the efficiency of its ETH holdings. The goal is to achieve strong, risk-adjusted returns in Ether. SharpLink will earn yields through staking, restaking […]
Decentralized finance (DeFi) faces challenges in gaining mainstream acceptance due to factors like inflationary token mechanics and a confusing user experience. Users often feel overwhelmed by managing different wallets, seed phrases, gas fees, and complex cross-chain transactions before they can enjoy DeFi’s benefits. The Tea-Fi platform aims to simplify this process by using account abstraction […]
Coinbase, a major US cryptocurrency exchange, has acquired Echo, a crowdfunding platform for early-stage projects, for $375 million. Echo was founded by crypto trader Jordan Fish, known as Cobie. The deal was announced shortly after Coinbase transferred $25 million in USDC to Cobie for an NFT purchase and to bring back his UpOnly podcast. Cobie […]
A16z Crypto, the blockchain investment branch of Andreessen Horowitz, has invested $50 million in Jito, a liquid staking protocol for the Solana network. This investment will provide A16z with Jito’s tokens at a discounted rate. Brian Smith, the director of the Jito Foundation, stated that this investment will help make Solana a key player in […]
SolCravo is excited to share that it has launched a new smart contract platform for XRP. This platform is made to help XRP holders to use blockchain technology in a safe, clear, and automatic way, without needing to sell or move their assets. As the cryptocurrency world grows, with top coins like Binance Coin (BNB) […]
Decentralized exchange Hyperliquid has rolled out a new update that lets other users easily start their own perpetual swap contracts on the platform. This update, known as Hyperliquid Improvement Proposal 3 (HIP-3), will be effective starting Monday, as shared on the Hyperliquid’s Discord channel. This change allows anyone to create futures contracts without needing special […]
Cryptocurrency traders recently earned significant profits from small-cap memecoins on the BNB Chain, marking a resurgence of speculative investments. Notable among investors is the trader “0xd0a2,” who transformed a $3,500 investment into $7.9 million in just three days. Another trader “hexiecs” changed $360,000 into over $5.5 million by investing in a memecoin called “4”, which […]
Cryptocurrency exchange Bitrue has expanded its Earn product, adding new USDC integrations on the XDC and Arbitrum networks. The update includes the launch of 14 additional coins for staking, featuring major assets like XRP and WLFI. Bitrue introduced flexible crypto staking in 2018 with its Power Piggy product, allowing users to earn on their holdings. […]
Decentralized finance (DeFi) platform Aave has announced that it will launch its V4 update, a big upgrade for the protocol, sometime in the last part of 2025. This update will add new features like modular lending markets and better ways to manage risk. Aave’s new design uses a “hub and spoke” model, which lets users […]
The Curve Finance decentralized autonomous organization (DAO) is currently voting on a plan that may create new ways to earn money for the protocol and its community. The idea, announced in August by the founder Michael Egorov, suggests setting up a $60 million credit line of crvUSD for Yield Basis. Voting started on Wednesday, and […]