At the helm of venture capital, Paradigm spearheads a significant $225 million investment, fueling a promising new layer-1 blockchain initiative. This substantial funding positions the project as a formidable competitor, going head-to-head against established players such as Solana in the cutthroat blockchain marketplace. New: Monad unveils $225 million Series A investment headed by Paradigm to … Read more
The deBridge protocol introduced a reward system to acknowledge and appreciate the efforts of its community members throughout its network. Approximately three years into its operation, deBridge has experienced explosive expansion in terms of trading volumes, transaction numbers, user base, collaborations, and blockchain networks it caters to. In their blog post, the company expressed gratitude … Read more
The U.S. Treasury Department aims to broaden its authority to monitor and regulate cryptocurrency companies, both domestic and international. Prior to the Senate hearing, Deputy Secretary of State Adeyemo warned that deceitful individuals are continually devising innovative methods to conceal their identities and transfer funds. Adeyemo pointed out that terrorist organizations and nations under American … Read more
In an innovative development for the world of sports, the Polkadot community has employed blockchain technology to democratically choose Conor Daly, a well-known IndyCar racing driver, as their brand ambassador for the Indianapolis 500. This is a first, as a major athlete’s sponsorship has been decided through a community vote on the blockchain. Daly, known … Read more
On April 2nd, the Core Team at Sushi introduced a significant proposal. If approved, this would mark the most substantial shift in the Sushi Ecosystem since its beginning. This proposal is now being considered by the Sushi Decentralized Autonomous Organization (DAO), and the response has been generally positive. The objective of this vote is to … Read more