On Friday, Sotheby’s completed the auction of many rare non-fungible tokens (NFTs) confiscated from the extensive collection of defunct crypto hedge firm Three Arrows Capital (3AC), netting $2,482,850. The Grails collection of NFTs, developed as part of 3AC’s asset portfolio which began in 2021, was the focus of the auction
The Light Protocol team finally enabled the Light V3, the first ever zero-knowledge Layer (zkLayer) on Solana, the blockchain platform. It is referred to as PSP (Private Solana Programs). Today, the launch has taken place after several months of building the next generation of Light Protocol. This supports the developers
A recent report suggests that the global AI market is expected to hit $733.7 billion by 2027, growing at a CAGR of 42.2%. Both the government and enterprises in Dubai are actively investing in AI technologies to boost economic growth, improve public services, and enhance business operations. Meanwhile, the AI
NEW YORK–(BUSINESS WIRE)–#DEX–Crypto has an insider trading problem: Research shows that insiders may trade ahead of as many as 25% of all token listings using Decentralized Exchanges (DEXs), suggesting that the recent enforcement actions against insiders at centralized exchanges and NFT marketplaces could be the tip of the iceberg. To
Innovative solution combining the e-HKD, tokenized real estate and lending protocols will run Ripple’s CBDC Platform HONG KONG & SAN FRANCISCO–(BUSINESS WIRE)–Ripple, the leader in enterprise blockchain and crypto solutions, announced today that it has been selected to showcase a real estate asset tokenization solution as part of the Hong
The latest data indicates a significant expansion in Solana’s (SOL) NFT ecosystem over the past week, with a notable increase in both the number of buyers and sellers involved in Solana NFT transactions. There is a surge of over 100% in both buyers and sellers of Solana NFTs. In addition
Tron’s founder and a major player in the cryptocurrency industry, H.E. Justin Sun, has revealed a major problem with the distribution of Huobi Tokens (HT) in a tweet. According to Sun, millions of HT tokens were given away to Li Wei. The brother of Leon Li, the HT DAO’s founder,
Ecco Capital Leads Raise With Top Blockchain & Technology VCs, Bringing Project Valuation to $20M NEW YORK–(BUSINESS WIRE)–Asymmetry Finance, a liquid staking tokens (LST) protocol, today announced its seed round totaling $3 million in conjunction with the official launch of its platform. The raise was led by Ecco Capital, a
Ramps Project Dorothy and Kicks Off New Business Plan ALBANY, N.Y.–(BUSINESS WIRE)–Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQ: SLNH), the parent company of Soluna Computing, Inc. (“SCI”), a developer of green data centers for Bitcoin mining and other intensive computing, reported financial results for the first quarter ended March
$14 Million Prop-mining Partnership Completes Flagship ALBANY, N.Y.–(BUSINESS WIRE)–Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQ: SLNH), the parent company of Soluna Computing, Inc. (“SCI”), a developer of green data centers for Bitcoin mining and other intensive computing, announced today a $14 million investment partnership with Navitas Global (“Navitas”) for
