Blockchain Boom: Startups Raise $258M
Blockchain startups raised $258M from May 19-25, led by Farcaster’s $150M Series A, valuing it at $1B. This surge highlights growing investor confidence in decentralized tech. #CryptoNews #BlockchainFunding
Blockchain
Blockchain Revolution: Antihero or Casino?
Solana’s ultra-fast transactions and affordability attract crypto enthusiasts, but network outages and centralization concerns persist. Its future hinges on resolving these issues to sustain its role in digital finance. #Solana #CryptoNews
Blast Blockchain Secures Sixth Spot In DeFi Network Rankings
Blast, an Ethereum Layer 2 blockchain, has secured the sixth spot in Total Value Locked (TVL) with $1.87 billion, surpassing Coinbase’s Base. Supported by Paradigm and Standard Crypto, Blast shows strong potential for future growth. #BlastBlockchain
TRON DAO at DC Blockchain Summit
“TRON DAO shines as Silver Sponsor at the DC Blockchain Summit, May 2024, unveiling its scalable platform that’s revolutionizing dApp development and digital transactions, setting new industry standards for accessibility and efficiency.”
Starknet zkEVM Launch: Future of Blockchain Unveiled
StarkWare announces Kakarot, a new zkEVM for Ethereum, aiming at enhanced efficiency and developer accessibility. With STRK at $1.2, this move marks a significant innovation stride in blockchain tech.
62 Crypto Projects Raise $474M in 20 Days, Led by Sophon and Securitize
In the last 20 days of May, 62 blockchain or cryptocurrency projects raised a collective $474 million, with Sophon and Securitize leading by securing $60 million and $47 million, respectively, highlighting a significant growth period in the blockchain sector.
Re.al launches blockchain platform for RWAs, CEO comments on tokenization
Re.al has launched its blockchain platform, designed to manage real-world assets like properties, using Arbitrum Orbit and powered by Gelato’s Rollup-as-a-Service, marking a significant step in decentralized finance. With $40 million already invested and 190 properties set for tokenization, the platform stands out by promising to return all profits to its users, a move that could reshape asset management and investment. Its unique offering, Basket tokens, bundles properties into a single ERC-20 token, addressing liquidity issues and simplifying asset integration into financial systems. This innovation not only makes real-world asset trading more accessible but also enhances interoperability and fluidity in… Read More »Re.al launches blockchain platform for RWAs, CEO comments on tokenization
Oobit Collaboration With TON Lets Users Spend Tether Sent Over Telegram
On May 17, Oobit announced a partnership with the TON Foundation to integrate Toncoin into its payment platform, enabling Toncoin holders to Tap & Pay at over 100 million retailers worldwide, significantly advancing cryptocurrency use in daily transactions.
Blockchain gaming investments reached nearly $1B in April
In April, blockchain gaming investments surged to nearly $1 billion, accompanied by a record 2.9 million daily unique active wallets, showcasing significant growth and interest in the sector.
Mastercard Welcomes 5 Startups to Blockchain and Digital Asset Program
Mastercard’s Start Path Blockchain program embraces the future of commerce by integrating five new startups, aiming to propel digital assets into mainstream use. This strategic expansion highlights a commitment to innovation and a vision for a seamless, secure digital transaction future, leveraging blockchain’s potential globally.
DOJ Charges Brothers in $25M Ethereum Blockchain Heist
The Department of Justice has charged two brothers with wire fraud and money laundering in a groundbreaking $25 million theft on the Ethereum blockchain, marking a significant event in cryptocurrency crime.
Blockchain games secured nearly $990m in April alone, a new record
In April, the blockchain gaming sector set a new record by securing $988 million in funding, the highest since January 2021, according to DappRadar. This represents a significant boost from the $288 million raised in Q1 2024, marking a pivotal moment in web3 gaming investment.
Solana became fastest blockchain amid meme coin craze
Solana has emerged as the quickest blockchain, achieving an average of 1,504 transactions per second, significantly outpacing competitors like Ethereum and Polygon. This performance, spurred by the popularity of meme coins, showcases Solana’s potential to revolutionize blockchain transaction speeds.
Chainlink surges 30% as DTCC explores blockchain for mutual fund data delivery
The Depository Trust & Clearing Corporation’s Smart NAV pilot, utilizing blockchain for mutual fund data, led to a 30% surge in Chainlink’s value to $16.71, demonstrating a groundbreaking advancement in financial services through technology.