zkLend Launches ZEND Token and Reveals 2024 Roadmap for Layer-2 Lending
TL;DR zkLend, a layer-2 lending protocol on Starknet, launches its token ZEND and reveals its 2024 roadmap for innovation and growth. ZEND, the governance and utility token of…
News
The News section brings together the main developments shaping the digital asset industry. Coverage includes market movements, regulatory decisions, institutional activity, security incidents, exchange updates and blockchain infrastructure. This archive is designed for readers who need a broad view of what is changing across crypto without losing the context behind each event.
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Ronin: Binance Takes Drastic Measures to Restore Trust Following Allegations of Cryptocurrency Leaks and Manipulation
TL;DR Binance reacts to corruption allegations by implementing strict measures. The Ronin token experiences an abrupt drop after its inclusion on the platform. Binance…
Cryptocurrencies Under Scrutiny: Yellen Calls on Congress to Regulate Stablecoins
TL;DR Yellen highlights cryptocurrency risks in testimony before Congress. FSOC monitors financial concerns, including crypto assets. Yellen urges regulation to address stablecoin and cryptoasset…
Tether Fuels Crypto Adoption with Major Investment in Oobit
TL;DR Tether, one of the largest stablecoin issuers in the crypto industry, has invested strategically in Oobit, a mobile payment application, raising $25 million in a…
Ethereum Founder Vitalik Buterin’s Apology Boosts Memecoin by 50%
TL;DR Ethereum Founder’s Apology: Ethereum founder, Vitalik Buterin, apologized for his previous statements labeling the memecoin BITCOIN as a scam. Impact on Memecoin’s Value:…
Conflux Revolutionizes the Music Industry with Jay Chou’s ‘Fantasy Music Metaverse’
TL;DR Innovation with Jay Chou: Conflux launches the ‘Fantasy Music Metaverse’ with Jay Chou, fusing music and technology in a revolutionary way. NFT Exclusivity:…
Friendtech Ignores Detection of Bug Leading Traders to Overpay
TL;DR A bug was discovered in Friendtech’s user interface, causing traders to overpay for ‘keys’ in the blockchain-based social media application. The issue originated…
Velar Raises $3.5 Million to Pioneer Bitcoin’s First PerpDEX
TL;DR Velar, a Bitcoin DeFi platform, has raised $3.5 million in a seed funding round to develop the world’s first perpetual decentralized exchange (PerpDEX) on Bitcoin.…
Grayscale Expands Investment Horizons with Sectoral Approach to Cryptocurrencies
TL;DR Grayscale introduces Crypto Sectors, expanding beyond Bitcoin and Ethereum investments. Conversion of Bitcoin Trust into an ETF establishes Grayscale as an Asset Under…
Binance Sued for Alleged Financing of Terrorist Groups
TL;DR Families sue Binance for financing terrorist groups, including Hamas, between 2017 and 2023. Accusation alleges that Binance hid a clandestine financing tool from…
Binance Invests in Ethereum Liquid Restaking Through Puffer Finance
TL;DR Binance Labs strategically invested in Puffer Finance, a liquid restaking protocol on Ethereum, allocating funds for the development of its Layer 2 network.…