MANTRA has secured $20m from Inveniam to expand its RWA blockchain in the UAE and U.S., as its native OM token shows early signs of recovery after April’s 90%+ crash. Summary Inveniam’s $20m investment aims to scale MANTRA’s regulated RWA blockchain infra using AI-powered data tools. MANTRA’s TVL plunged from $4m in April to under…
Aave is showing signs of stability near the $265 level after a sharp retracement, even as it becomes the first decentralized finance protocol to surpass $60 billion in net deposits. Summary Aave price consolidates at $265, up 3% daily, but down 6% in 30 days. Net deposits top $60B, while TVL and fees signal growing…
Binance.US’s latest listings, Toshi and Worldcoin, sparked renewed interest in both tokens, but early price action suggests one is clearly leading the charge. How far can these rallies extend? Summary Binance.US listed WLD on Aug. 6 and is set to list TOSHI on Aug. 7 at 7 a.m. EDT. TOSHI rallied over 20% after the…
The long-hyped altcoin season had recently gone quiet. With several major assets pulling back and sentiment fading, the crypto market’s focus drifted back to Bitcoin. But this may be shifting again, as fresh signs of activity suggest that altcoins are back in play. Summary Binance just saw its highest altcoin inflows in 18 months, with…
South Korean digital bank KakaoBank hopes to cement its place in the stablecoin market and is reportedly reviewing various entry strategies, including a potential won-pegged stablecoin. Summary KakaoBank is reviewing stablecoin issuance and custody services as part of its digital asset strategy. The bank’s initiative is being led by a group-wide Stablecoin Task Force involving…
Decentralized advertising platform Alkimi has fully integrated Sui’s blockchain and technology stack to bring ad delivery, verification, payments, and data management entirely onchain. Summary Alkimi leverages the full Sui Stack—Sui, Walrus, Nautilus, and Seal—to automate ad delivery, verification, payments, and data management onchain. Major brands like AWS, TikTok, Currys, and Polestar are already using Alkimi’s…
Parataxis Holdings is merging with SilverBox Corp IV in a special purpose acquisition that includes the formation of a NYSE-traded Bitcoin treasury company worth $640 million. Summary Parataxis and SilverBox Corp IV are merging to form a Bitcoin Treasury targeting U.S. and South Korea markets. News of the merger boosted the stock price of SilverBox…
Curve Finance has officially launched on Etherlink, marking a major milestone in connecting Tezos with the wider Ethereum-compatible decentralized finance ecosystem. Summary Curve Finance launched on Etherlink on Aug. 7, bringing stablecoin liquidity to Tezos’ Layer 2. The deployment is part of Etherlink’s $3M Apple Farm Season 2 rewards initiative. Etherlink continues growing post-mainnet with…
Ethereum was trading at $3,658 at press time, posting a 2.2% gain over the last 24 hours as on-chain metrics show a surge in transaction activity. Summary Ethereum is trading at $3,658, up 2.2% on the day but down 4.7% over the week. Daily Ethereum transactions hit 1.87M on Aug. 6, nearing record highs. Technical…
Babylon Labs has introduced a breakthrough in decentralized finance with the launch of trustless Bitcoin vaults. Summary Babylon launched trustless Bitcoin vaults on Aug. 6, enabling native BTC to interact with DeFi without bridges or custodians. Vaults use BitVM3 and zero-knowledge proofs to enforce smart contract logic while BTC remains on-chain. The feature expands BTC’s…
