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A recent introduction of Grayscale’s Dynamic Income Fund (GDIF) raised concerns from Cardano Founder Charles Hoskinson, who wondered why the fund did not initially include Cardano (ADA) in its asset selection. Grayscale, well-known for its Bitcoin ETF and other cryptocurrency investment products, introduced GDIF, its first actively managed fund, with
Magic Square, a Web3 app store, is allotting $66 million of its native SQR token for grants to support projects that are listed on its platform. The notification sent to CoinDesk via email on Wednesday states that the Ecosystem Grant Program has 120 million SQR, or 12% of the total supply of
The blockchain firm IO Research, which focuses on artificial intelligence (AI), said on Tuesday that it has secured $30 million in a Series A fundraising round from investors led by Hack VC along with other prominent investors that include Multicoin Capital, Delphi Digital, Solana Labs, Aptos Labs, OKX and more.
Blocksquare, a leader in the tokenization of real estate, has announced that starting on March 3, its native Blocksquare Token (BST) will be available for trading on the popular crypto exchange Gate.io. With the announcement, investors will be able to take advantage of regional commercial real estate possibilities, marking a significant turning point
After much speculation, Cardano founder Charles Hoskinson has provided a response for the public on the latest malfunction of Nami, a wallet that the protocol bought to supplement its in-house-designed alternative, Lace Wallet. A team was formed to investigate the problem with Nami’s use of ADAHandles, as Hoskinson explained in
Clone, which is a game-changer open-source protocol for trading non-native tokens on the Solana blockchain, has announced the public mainnet debut of Clone Markets and Clone Liquidity. With the debut of March 1st, Clone’s novel “cloned assets” (clAssets) will make it easier to create extremely liquid markets for non-native assets,
Io.net, a Solana-based decentralized physical infrastructure network (DePIN) project that focuses on sourcing GPU processing capacity, has announced a rewards program in advance of the token’s debut. The initiative, called Ignition, will begin on March 1 and continue through April 28. This was announced on Wednesday by Io.net. Users will
In order to develop and release a highly addictive mobile game that makes use of the well-liked Smoofs NFT collection, Taki Games, a leading social gaming network that lets players earn real money incentives, is collaborating with the cross-chain Web3 entertainment company Two3 Labs. The crew has been working hard
The MANTRA Finance (MF) community (Sherpas) recently approved a DAO proposal to have the DApp’s governance token $OM double down as the main token for the project’s upcoming Layer-1 ecosystem, MANTRA Chain. Initially, the team had intended to launch a different token to be used on MANTRA Chain for validating
In the realm of cryptocurrency, the name Justin Sun, is widely recognized. Apart from his engagement in central exchanges like HTX, Sun extends his remarkable strategies to the blockchain ecosystem. Many seasoned miners closely monitor his on-chain activities. Recent reports reveal the crypto tycoon’s significant stakes in the Restaking space,
