Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Over the past decade, the tokenized credit market has soared to new heights. The industry, which converts traditional credit products, such as loans, bonds, or other debt instruments, into digital tokens that…
Locals in Yemen have turned to decentralized finance as a way to navigate sanctions imposed by the United States that have cut off access to traditional banking services. According to blockchain intelligence firm TRM Labs, some Yemenis are increasingly using DeFi protocols to send and receive funds, manage remittances, and bypass disruptions to local financial…
EPT, the native token of Balance, an AI-powered Web3 gaming and social platform, is set to debut on Binance’s Alpha and Futures platforms next week. Binance’s announcement comes ahead of the project’s long-awaited Token Generation Event, which is expected to take place shortly before the listings go live. While the exact timing hasn’t been confirmed,…
TAO rallied as much as 13% on April 18, reclaiming a key support level and pushing its market cap back above $2.2 billion following reports that Nvidia plans to maintain its presence in China despite new U.S. export restrictions. Bittensor (TAO) hit an intraday high of $259.2 during Asian trading hours, according to crypto.news, while…
Arizona’s Digital Asset Reserve bill is heading to a final House vote after clearing the Committee of the Whole. On April 17, Arizona’s State Bill 1373, also referred to as the Strategic Digital Asset Reserve Bill, moved one step closer to becoming law after being approved by the full House in a preliminary review. SB…
Etherlink’s TVL has surged 12x to over $18 million as the Apple Farm incentive program accelerates ecosystem adoption and DeFi activity. Etherlink, the EVM-compatible Layer 2 built on Tezos Smart Rollups, has seen significant growth since transitioning from its beta phase in February. Central to this growth is the $3m Apple Farm rewards initiative, which…
Velora plans to leverage the Across Protocol to enable users to perform cross-chain swaps in a single transaction. Cross-chain interoperability is one of the most important trends in crypto today. On Thursday, April 17, DEX platform Velora partnered with Across Protocol. In a press release shared with crypto.news, the company stated that the partnership will…
Raydium, a Solana-based DeFi platform, has launched its own memecoin launchpad after Pump.fun severed ties with the automated market maker last month. Dubbed LaunchLab, the new memecoin-making protocol officially went live on April 16, giving users a simple way to create, customise, and trade their own tokens directly on the Solana blockchain, according to an…
AERGO has plunged over 70% since its debut on Binance Futures, prompting accusations from community members who suspect market manipulation and coordinated sell-offs may be driving the steep drop. Aergo (AERGO) fell to an intraday low of $0.12 on April 17, afternoon Asian time, bringing its market cap down from $307 million to nearly $78.5…
Billionaire Mike Novogratz’s Galaxy Ventures Fund I LP is on track to raise up to $180 million by June to back early-stage crypto and blockchain startups, with a focus on payments and stablecoins. According to unnamed sources cited in an April 17 Bloomberg report, the fund has already surpassed its initial $150 million target and…
