Aethir has launched Batch 6 of its $100 million Ecosystem Fund. This new initiative expands its support from artificial intelligence projects to include startups focused on real-world assets (RWAs), aiming to foster innovation at the intersection of decentralized finance (DeFi) and tangible asset tokenization. The decentralized cloud computing platform is ...
ZKSync announced a significant recovery of funds after a hacker exploited a vulnerability to steal approximately $5 million worth of tokens. The attacker returned 90% of the stolen assets after accepting a 10% bounty offered by the platform, marking a rare positive outcome in the often grim landscape of DeFi ...
The United States Securities and Exchange Commission (SEC) is set to host a high-profile roundtable on crypto custody, bringing together industry leaders, regulators, and legal experts to discuss the future of digital asset safekeeping. The event, scheduled for April 25, addresses growing concerns about how cryptocurrencies are stored and protected, ...
Bitnomial, a CFTC-regulated Designated Contract Market (DCM), has made a historic leap in the U.S. financial markets by self-certifying the first-ever perpetual futures contracts listed on a U.S. exchange. Starting April 28, 2025, the exchange will introduce BTC/USD perpetual futures, initially available to institutional participants, with plans to expand retail ...
Symbiotic, a decentralised finance (DeFi) protocol, has secured $29 million in a funding round led by Paradigm and cyber.Fund. Other notable investors include Robert Leshner, founder of Compound, and Sreeram Kannan, founder of EigenLayer. The funding aims to support the development of Symbiotic’s universal coordination layer for permissionless restaking, a ...
Coinbase has announced its expansion into Charlotte, North Carolina, with plans to hire over 130 employees. A company spokesperson confirmed the move, emphasizing Charlotte's growing importance as a fintech and compliance hub. The new hires will fill compliance and customer support roles over the next six months. Coinbase's spokesperson noted ...
Coinbase’s Chief Legal Officer (CLO), Paul Grewal, recently emphasized the critical role blockchain transparency plays in supporting law enforcement efforts to fight the rising tide of street-level digital crimes. As criminals increasingly target mobile devices rather than traditional cash or cards, the crypto exchange is leveraging blockchain’s inherent traceability to ...
Malaysia has appointed Changpeng Zhao (CZ), the founder and former CEO of Binance, to lead a comprehensive overhaul of its blockchain finance sector. This initiative aims to integrate blockchain technology into the country's financial systems, enhance efficiency, and foster innovation. The announcement, made by the Ministry of Finance earlier today ...
The Securities and Exchange Commission (SEC) of the Philippines has officially launched its Strategic Sandbox (StratBox) program for Crypto-Asset Service Providers (CASPs). This initiative, detailed in SEC Memorandum Circular No. 09-2024, provides a controlled environment for companies to test innovative digital currency services. The goal is to inform future regulations ...
Yuga Labs, the creator of the popular Bored Ape Yacht Club (BAYC) NFT collection, is escalating its legal battle by demanding $400,000 from several influencers’ cryptocurrency wallets. This move is part of an ongoing lawsuit related to alleged unauthorized use of BAYC NFTs. Yuga Labs filed the lawsuit against a ...
