April 19, 2024
Loans

April’s first two weeks saw more Ethereum loans liquidated than any month since June 2022

Published 1 minute earlier on While crypto prices have staged a modest recovery following yesterday’s sharp selloff, the volume of liquidations on Ethereum lending markets has already reached its highest monthly value in years—despite April hardly being half over.  According to The Block’s data dashboard, nearly $80 million in liquidations in lending protocol Aave and

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Crypto

Three crypto advocacy groups file amicus briefs in Tornado Cash developer Roman Storm’s case

Tornado Cash developer Roman Storm, who was arrested in August and slapped with three charges related to his role as a co-founder of Ethereum privacy protocol Tornado Cash, has received support in the form of three amicus briefs from prominent pro-crypto organizations.  Storm motioned to drop the charges against him last week, claiming the government’s

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Crypto

Pantera Capital posts 66% gain for crypto fund last quarter, despite selling Bitcoin: Bloomberg

Markets • April 6, 2024, 1:08PM EDT Published 1 minute earlier on Pantera Capital, the $5.2 billion asset manager which was the first to focus exclusively on blockchain technology and digital assets, has posted a 66% gain for its Liquid Token Fund over the first quarter of 2024.  The gains were led by Solana and

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Crypto

Is Insurance Crucial for Cryptocurrency to Penetrate Mainstream Markets?

The world of cryptocurrency is grappling with considerable challenges following its tumultuous boom and subsequent decline, which garnered significant media attention. The process of mainstream integration has been uneven, partly due to the difficulty in securing regulatory approval. The risk of theft – whether via hacking or other means – poses a considerable barrier in

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Funds

Ethereum-based token streaming protocol Superfluid raises $5.1 million in strategic funding

Superfluid, an Ethereum-based token streaming protocol that enables real-time crypto transfers, has raised $5.1 million in a strategic funding round. Fabric Ventures led the round, with Multicoin Capital, Circle Ventures, Safe Foundation, The LAO, Taavet+Sten, and others participating, Superfluid said Thursday. The round closed late last year, Superfluid co-founder and CEO Francesco George Renzi told

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Crypto

Ethereum NFT volume approaching yearly high as Pudgy Penguins eye #2 spot

Published 1 minute earlier on While this fall undoubtedly saw a significant rise in Bitcoin NFT trading, the volume of Ethereum NFTs traded on-chain is currently at its highest weekly level since the week of Feb. 26, 2023, according to data from The Block.  The increase in Ethereum NFT volume comes as the current #3

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Investors

Former BlockTower investors raise $6.5 million for crypto yield marketplace Superform

Superform Labs, a crypto startup founded by two former BlockTower Capital investors and a former Microsoft product manager, has raised $6.5 million in seed and angel funding rounds. Polychain Capital led the seed round, with BlockTower Capital, Maven 11, Circle Ventures, and other firms participating, Superform said Wednesday. Angel investors in the round included Arthur

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Funds

Mississippi Supreme Court hears oral arguments in taxpayer funds for private schools case

The legal battle began after the legislature passed a $10 million appropriation in 2022 which would provide funds toward infrastructure improvements at private schools across the state.  Facilitated through a grant program and funded in part by federal COVID-19 relief money under the American Rescue Plan Act, or ARPA, those schools could be granted funds

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Loans

Digital nano-loans as enablers of financial empowerment

Chik Shampoo’s case study on sachets in the 70s often serves as a playbook to tap into India’s billion people-strong potential. What started as a revolution in FMCG has now transcended industries, even reaching financial services. And one such space in the BFSI subset has managed to gain significant momentum: lending. Sachetised loans, also called

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Crypto

February will see $800 million of unlocks from Avalanche, Optimism, Aptos and more

Published 1 minute earlier on In the month ahead, a number of crypto projects will unlock significant quantities of tokens. Here’s a breakdown of the most significant unlocks and airdrops for the month of February, according to TokenUnlocks data.  Significant unlocks Aptos will unlock nearly 25 million tokens worth $222 million at current prices on

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