Thu, April 25

Tether CEO Reveals Details on Upcoming Launch of Tokenization Platform

Paolo Ardoino, CEO of Tether (the company behind the USDT stablecoin), recently went on X to provide some exciting information on the platform that would tokenize digital assets. Furthermore, Ardoino hinted at the imminent beta launch of the platform. Writing, “Can’t wait to launch the beta,” Ardoino shared his enthusiasm

3 hours ago 2 mins read

Subsquid to Collaborate with Neon EVM for Expansion into Solana Blockchain

The Solana-powered Neon EVM and Web3 data lake and query engine Subsquid have announced an upcoming collaboration that will make it simpler for dApp developers to access the on-chain data of Neon EVM. The collaboration is the first phase of Subsquid’s much anticipated Solana blockchain expansion. Subsquid is a cutting-edge

10 hours ago 1 min read

BlackRock Denies Any Commercial Relationship with Hedera Hashgraph

According to BlackRock, there is “no commercial relationship” between the two companies, and the investment giant did not tokenize any of its funds—including its $22 billion money market fund—using the Hedera Hashgraph. After the HBAR Foundation announced on X that blockchain companies Archax and Ownera tokenized BlackRock’s ICS U.S. Treasury

12 hours ago 2 mins read

Dexalot Launches Central Limit Order Book (CLOB) DEX on Arbitrum

Central limit order book (CLOB) decentralized exchange Dexalot, announced its launch on Arbitrum. With this move, Dexalot is taking a step toward growing outside of the Avalanche ecosystem. Launched in February 2023, Dexalot runs its current CLOB exchange on a dedicated application-specific chain. The choice to extend Dexalot’s trading infrastructure to Arbitrum

April 24, 2024 2 mins read

Prominent Web3 Data Infrastructure Provider Syntropy Transforms to Synternet

Syntropy has announced today that it is renaming to Synternet, a move that highlights its progress and reaffirms its commitment to powering the future of Web 3. In addition to a visual makeover, including a new color scheme, logo, and website design, the update will also be more closely aligned

April 24, 2024 2 mins read

Crypto Transaction Batching Can Add Up to Some Big Savings on Gas Fees

Blockchain-based finance cuts out the intermediaries to save users on transaction costs, but that doesn’t mean it’s entirely free to use. Rather than giving the bank its cut, users are instead required to pay “gas” fees, which are used to reward either the miners or the validators that process payments

April 24, 2024 5 mins read

CFAT and Blockchain Association Sue U.S SEC Over Dealer Definition

A lawsuit has been filed against the U.S SEC by the Blockchain Association and the Crypto Freedom Alliance of Texas (CFAT). An expanded definition of a “dealer” in the context of digital assets is the target of the lawsuit, which challenges a recent regulation. The challenge seeks to reverse this

April 24, 2024 1 min read

0G and OnePiece Labs Launch Crypto x AI Incubator for Entrepreneurs

0G Labs and One Piece Labs have announced the launch of the first incubator for entrepreneurs operating at the confluence of blockchain and AI. The goal of the OPL x 0G incubator is to find and assist bright Web3 entrepreneurs who are investigating the ways in which AI may assist crypto

April 23, 2024 3 mins read

SEC Fines $5.2B in Penalties on Terraform Labs and Co-Founder Do Kwon

In light of a recent civil case ruling, Terraform Labs and its co-founder, Do Kwon, are facing the prospect of heavy financial penalties from the U.S SEC. A filing made on April 19 in the U.S. District Court of New York in the Southern District of New York states that

April 23, 2024 1 min read

DODO Launches DODOchain: Layer 3 Omni-Trading Blockchain for Cross-Chain Liquidity

The DODO team is excited to announce the launch of DODOchain, an Omni-Trading Layer 3 that is powered by EigenLayer, AltLayer, and Arbitrum Orbit. As the first Layer3 solution, DODOchain bridges Bitcoin and Ethereum’s Layer2 effortlessly and focuses on bringing liquidity from several chains together in one place. Trade tokens on the

April 23, 2024 4 mins read