Celestia Staking Protocol MilkyWay Raises $5 Million

As an experienced analyst in the blockchain and cryptocurrency industry, I find MilkyWay’s $5 million seed round raise led by Polychain Capital and Binance Labs intriguing. With the participation of reputable investors like Binance Labs, Hack VC, Crypto.com Capital, and LongHash Ventures, it signifies a strong confidence in MilkyWay’s potential as a Celestia liquid staking … Read more

Omnity reveals first interoperability solution for Runes

As an experienced analyst, I am excited about the recent announcement of Runes integration into the Omnity omnichain interoperability protocol. The potential benefits for the Bitcoin network are significant. Omnity, an omnichain interoperability protocol, announced Runes integration. The Omnity team shared with crypto.news that they have implemented Runes, an effective meta-protocol for trading fungible tokens on … Read more

BlackRock Bitcoin ETF attracts no inflows for 4th consecutive day

As a researcher, I find it interesting to observe the recent trend in Bitcoin ETF investments. Last week, we saw significant outflows from spot Bitcoin ETFs, with investors withdrawing a total of $51.53 million. This was led by ARK 21Shares’ BTC ETF, which recorded $31.34 million in exits. Based on the previous week’s trend in … Read more

CertiK: Damage from hacks, scams reaches lowest level since 2021

As a seasoned crypto investor who has witnessed the ups and downs of this volatile market, I find the recent decrease in cybersecurity incidents and resulting losses to be a welcome development. However, the numbers reported by CertiK are still alarming, with $25.7 million lost in April alone. The fact that most of these losses … Read more