Ex-CEO and founder of BlockFi Zac Prince has spoken out about the crypto lender’s insolvency and his future ambitions for the business and himself. Among the most noteworthy points brought up by Zac Prince was the update about the bankruptcy process’s effectiveness. His decision to be silent up to this
Due to an episode of increased volatility which has led to a decrease in the reserves of its dollar-pegged stablecoin dai, MakerDAO has instituted a series of interim fee adjustments intended to strengthen the protocol. The recommendation was brought out by BA Labs, a member of Maker’s Stability Advisory Council,
In response to an order by Spain’s data protection regulator, AEPD, to cease personal data collecting in the country or utilize the previously gathered data, Worldcoin—an iris biometric crypto project co-founded by OpenAI CEO Sam Altman—has launched a lawsuit against Spain. On March 8, TechCrunch reported that Tools for Humanity,
Match Chain, the cutting-edge interoperable Layer-1 blockchain, has shattered records by surpassing 100 million transactions in an astonishing timeframe of just eight months. This monumental achievement underscores Match Chain’s unwavering commitment to fostering a diverse and flourishing decentralized ecosystem while prioritizing reliability and exceptional performance. The rapid ascent of digital
The world’s leading decentralized personal data network, Masa, reports that record-breaking numbers of people participated in its MASA Community Sale on CoinList. In approximately 17 minutes, the community sale participants bought the initial allocation of 63,554,660 MASA Tokens, or $5,000,000. With the additional token allotment selling out as well, the sale raised a
On March 8, 2024, RepubliK plans to launch the first SocialFi platform driven by AI. The initiative, which uses cutting-edge AI to improve how social media platforms evaluate content quality, track engagement, and pay content producers, marks a huge advancement in the digital and blockchain arena. Through a collaboration with
A $4.5 million fundraising round sponsored by Hashed and Gumi Cryptos has been concluded by Blackwing. The funding will go toward creating the first modular layer 2 blockchain, which will enable liquidation-free leveraged trading of any asset. Users may trade with borrowed funds on the blockchain without having to worry about forced
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.
