Hermetica, the company behind USDh, the first yield-bearing synthetic dollar backed by Bitcoin, is excited to announce that its $1.7 million seed funding round has closed successfully. Key Backers In addition to strategic angels like Tycho Onnasch (founder and CEO of Zest Protocol), Robin Obermaier (founder and CEO of Liquidium), Mithil Thakore
Tron Network has achieved impressive growth in 2024, as reported by monitoring platforms TechFlow and Lookonchain. As of mid-October, the network recorded a revenue of $7.28 million, a significant 170% increase compared to the $2.69 million generated during the same period last year. This surge in revenue reflects the rising
High-frequency trading (HFT) is a term that’s often used in the financial world, especially in stock markets and cryptocurrency trading. It refers to a trading strategy that executes a large number of orders at incredibly fast speeds, often within milliseconds. This type of trading takes advantage of small price differences
The crypto market has sustained its positive momentum as the sector surges with activity. Bitcoin has hit $67,000, mirroring the US spot Bitcoin ETFs, which have shown significant inflows. Meanwhile, All in Bits, the builder of the Cosmos ecosystem, announced a major security alert a few hours ago. According to
021, a consumer-focused venture studio, has announced the strategic acquisition of Looty, a Web3 loyalty and rewards platform, just nine months after its inception. Launched in February 2024, Looty quickly became a key player on the Avalanche network, offering brands across various consumer-facing industries the ability to engage and reward
Truflation, the leading provider of real-time financial data, and Digital Asset Solutions, the experts in financial solutions for the digital asset market, have announced the launch of its first Meme Coin Index. In addition to giving investors access to a diverse basket of meme coins, the index tracks the most well-known and significant meme coins
Gomble Games, the blockchain division of 111%, has unveiled Launchpool #2, an immersive gaming experience that combines solo gameplay with social team strategies. The GOMBLE SQUAD, a vibrant social gaming platform that fosters teamwork, and EggDrop, a popular hyper-casual game with over 650,000 monthly active players, are integrated in this fresh
Phlomis Finance plans to use Chromia‘s relational blockchain infrastructure and its custom-built Chromia Real World Assets Protocol (CRWA) to provide cutting-edge tokenization solutions for real-world assets. The project seeks to capitalize on a rapidly expanding sector and is being fostered by the Swedish blockchain firm ChromaWay. The platform seeks to provide crypto investors with access
Singularity Finance, an EVM Layer-2 for tokenizing the Real World Assets (RWA) of the AI economy, will be launched via a strategic token merger announced by SingularityDAO, Cogito Finance, and SelfKey. Web3 will be accelerated by a platform optimized for AI tokenization that is powered by the combination of the
With great pleasure, the dYdX Foundation announces the launch of Trump Prediction Market Perpetuals on dYdX, which gives traders the exclusive opportunity to use sophisticated order types on Donald Trump’s prospects of winning the 2024 U.S Presidential Election. On October 9, the dYdX Community added this unique market via a governance
