Stablecoin issuer Tether has become the largest shareholder of Nasdaq-listed technology consulting services firm VCI Global, following a $100 million digital asset transaction involving OOBIT’s native token OOB. Summary Tether is set to become the largest shareholder of VCI Global through a $100 million digital asset transaction involving OOBIT’s OOB token. VCI Global is set…
Zcash price could be on the verge of a major crash after confirming a highly bearish pattern, just days after surging nearly 850% from its October low. Summary Zcash price has dropped 30% since hitting a 7-year high at $734.96 over the weekend. Zcash futures open interest has dropped 28% in the past 24 hours….
Hacken introduced a new framework to assess security, financial logic, and systemic risk across crypto yield products, providing investors with a verifiable gauge of sustainability in volatile markets. Summary Hacken launched the Yield Risk Score, a standardized metric for assessing crypto yield products. The framework evaluates protocols across technical security, financial logic, and dependency risk….
Anchorage Digital, the platform that operates the only federally chartered crypto bank in the United States, is partnering with Build on Bitcoin to expand institutional access to decentralized finance on Bitcoin. Summary Anchorage Digital now supports BOB, a decentralized finance chain that taps into Bitcoin and Ethereum. BOB has picked Anchorage Digital as its crypto…
Decentralized finance liquidity provider Elixir has pulled the plug on its stablecoin deUSD after Stream borrowed the token to stabilize its own stablecoin. Summary Elixir declared that it would be permanently retiring its deUSD stablecoin after the collapse of its major counterparty, Stream Finance, which owes the protocol $68 million after suffering a $93 million…
Ex-TRON lead Hunter Rogers has joined Bitcoin-native yield platform TeraHash, aiming to drive further adoption of Bitcoin across the decentralized finance ecosystem. Summary TeraHash has added ex-TRON lead Hunter Rogers to its leadership team. Rogers joins as co-founder and will drive the Bitcoin DeFi protocol’s next growth phase. TeraHash brings hashrate-backed BTC yield to DeFi….
MEXC exchange has launched Smart Candles, an AI-powered tool that analyzes price charts, joining a growing wave of platforms adopting AI to assist traders with market analysis. Summary MEXC’s Smart Candles provides traders with AI-powered insights, including analysis of candlestick charts and news headlines. MEXC’s Smart Candles is a welcome addition to the growing range of AI-powered trading…
Monad is set to launch its high-performance Layer-1 blockchain mainnet on November 24, alongside the token generation event for its native MON token, which will list on Kraken on launch day. Summary Monad leverages parallel transaction execution and superscalar pipelining, supporting up to 10,000 transactions per second with one-second finality, while enabling smart contracts, DeFi…
DeFi decentralization has seen its golden age, but technical issues are pushing toward centralization, says Syndicate’s Will Papper. Summary DeFi protocols still struggle in terms of performance, says Syndicate’s Will Papper. Uniswap V3, Curve, and Velodrome were the golden age of decentralized DeFi Institutional capital is flowing into the top 5 assets; everything else is…
CMT Digital now commands a $136 million investment vehicle, leveraging its trading heritage to identify and scale promising infrastructure and DeFi protocols. Summary CMT Digital has closed its fourth fund at $136 million to back crypto startups in infrastructure and DeFi. The raise comes amid a major downturn in crypto venture funding, which fell 59%…
