Heritage Distilling is set to launch an IP token treasury strategy worth about $340 million, backed by a16z crypto and other investors.
ALT5 Sigma is raising $1.5 billion to launch a WLFI token treasury strategy that will see it hold about 7.5% of the token’s total supply.
Stargate is a popular bridge, but its token has collapsed around 95% from its all-time high value in the years since its launch.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Over 100 investors backed Euphoria’s funding round, including VCs like Karatage, Figment Capital, and Robot Ventures.
Users can swap cash for securities on the HQLAx platform using blockchain deposit accounts on the permissioned Kinexys network.
Liquid restaking total value locked (TVL) on Ethereum stands at around $24 billion as of Aug. 5, The Block's data shows.
The latest integration allows MetaMask users to access Sei-based applications, tokens, NFTs, and other assets directly from the wallet.
Ethereum, DeFi protocols, and platforms like Coinbase and Robinhood stand to benefit most from the policy shift, in Matt Hougan's view.
Ethena’s USDe market cap soared 75% to $9.3 billion, becoming crypto’s third-largest stablecoin, as regulatory clarity and new custody rails lure fresh capital.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The funding is more than seven times the amount the project sought to raise, as it sets out to provide free USDT transfers.
521,000 ETH, worth about $1.9 billion is queued to exit Ethereum, with wait times of about 8–9 days, while the entry queue has surged past 359,500 ETH.
ENA is trading at $0.52, up over 6% on the day. The token hit an all-time high of $1.52 in Decemeber 2024.
The acquisition aims to expand dYdX’s product into social and user-driven trading features as it looks to scale.
The project's assets under management have more than doubled in the past year, rising from $173 million to over $440 million, Numerai said.
Staking ETFs remain an uncertainty in the U.S., despite an easing regulatory environment under President Donald Trump’s pro-crypto administration.
Privacy Pools, the onchain privacy solution backed by Ethereum co-founder Vitalik Buterin, is integrating Sky’s onchain USDS stablecoin.
Beyond the airdrop, major ES token allocations include 35% for ecosystem growth, 31% for early backers, and 19% for contributors.
Kamino said it is now "the first major borrow/lend protocol in DeFi to onboard tokenized equities as collateral, marking a major milestone for DeFi."
Aave’s total net deposits topped $50 billion as founder Stani Kulechov sees more TradFi players adopting DeFi lending tech.
Ethereum Foundation has set a 12-month clock for ecosystem zkEVM integreation after reorganising its ecosystem teams to speed mainstream adoption.
The hacker exploited GMX's V1 GLP liquidity pool on Arbitrum this Wednesday, draining over $40 million in various cryptocurrencies.
The network supported more than 3,000 appchains and processed over 57 million transactions during its phased testnet rollout.
Kuru blends AMM functionality with the central limit order book (CLOB) architecture on the Monad Layer 1 blockchain.
Monthly DeFi fees have climbed to approximately $577 million in recent months, representing a notable recovery from the April low.
The so-called “spiderchain” is going live with support from a 16-node founding federation of node operators, including Alchemy, Antpool, and Galaxy.
The XRPL EVM Sidechain opens up new Ethereum-compatible decentralized application use cases for the XRP Ledger ecosystem.
No employee or team member of Layer 2 scaling solution Eclipse may claim its upcoming ES token airdrop, the start up said in an X post.
The financing could suggest renewed investor interest in prediction markets after the trading frenzy spurred by the presidential election.