Layer-1 blockchain HyperLiquid, known for its decentralized derivatives exchange, opened up native staking for holders of its HYPE token, according to a Monday post on X. Stakers can select which validator to stake tokens with and will accrue rewards in…
The X account of Animoca Brands co-founder Yat Siu, one of CoinDesk’s Most Influential 2024, was compromised and used to promote a fictitious token, the company said in a post on the social media platform. Animoca, a metaverse and gaming…
Trrue, a layer-1 blockchain focused on environmental, social and governance (ESG) compliance and real-world asset tokenization received a $10 million investment commitment from GEM Digital, the company said in a press release on Tuesday. The money will be used to…
Solana-based gaming-focused layer-2 blockchain Sonic will airdrop its SONIC token to all its users onboarded through social-media platform TikTok. Sonic built its SonicX game natively inside TikTok, attempting to replicate the success of mini apps that were built on theTON…
Avalon Labs, the issuer of the BTC-backed stablecoin USDa, has raised $10 million to grow its Bitcoin decentralized finance (DeFi) ecosystem. The Series A funding round was led by Framework Ventures and included contributions from UXTO Management, Presto Labs and…
Tether, the crypto company behind the $140 billion cryptocrrency USDT, is working on an artificial intelligence (AI) platform and aiming to debut early next year, according an X post by CEO Paolo Ardoino. “Just got the draft of the site…
As Cardano (ADA), Ripple (XRP), and Rexas Finance (RXS) show strong bullish signs, the cryptocurrency market is humming with anticipation. Investors see enormous possibilities as Cardano forms a bullish symmetric triangle, Ripple rides a wave of impressive gains, and Rexas…
Digital asset custody firm Copper has withdrawn its application to become registered with the U.K.’s financial services regulator, the Financial Conduct Authority (FCA), the company said in a statement on Friday. The company chaired by former U.K. Chancellor of the…
Cardano (ADA) could be heading towards a massive rally as the cryptocurrency market is in a state of dynamic change. The current ADA price sits around $1.2 with recent bullish indicators and growing market confidence leading to forecasts for a…
Fintech giant Revolut plans to extend its battle-tested security wrapper, Revolut Pay, to crypto customers from the start of 2025 to improve protection against fraudulent attacks. As it stands, Revolut says, there is limited visibility into card transactions and bank…