At first glance, ZKasino looked like any other crypto project. It had announced a $350 million valuation for its Series A round, backed by $26 million from investors including crypto exchange MEXC. Its smart contracts were audited by the well-known security firm Certik (after an initial pass by ChatGPT). The project’s testnets were operational. And
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
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
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
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
Published 1 minute earlier on Ethereum’s latest major upgrade Dencun went live on the Sepolia test network on Tuesday, leaving just one more testnet before its anticipated “proto-danksharding” feature comes to fruition. Dencun deployment on Sepolia commenced at 22:51 UTC Tuesday and was finalized soon after. “Blobs are now flowing in Sepolia,” Parithosh Jayanthi, DevOps
Layer 1s • January 21, 2024, 5:37PM EST Published 1 minute earlier on What do you get when you combine cryptocurrency charts with Tinder? Answer: Chinder, naturally, a new app that lets users swipe between cryptocurrency charts for Solana-based tokens. Swipe right to buy, and swipe left to keep browsing. The experiment comes courtesy of
For anyone craving a return to last week’s exciting spot bitcoin ETF horse race, I have unfortunate news: tomorrow marks the federal holiday of Martin Luther King Jr. day, so the stock market will be closed. However, the blockchains will continue on validating, and several important events are scheduled for later in the week, including
Published 1 minute earlier on Over the course of 332 transactions, an anonymous wallet spent about 1.5 BTC, worth about $66,000 at current prices, to inscribe almost 9 megabytes of encrypted data onto the Bitcoin blockchain. The most expensive transactions cost thousands of dollars each in fees, though most of the transactions were closer to
Crypto hardware wallet provider Ledger will enact changes to transaction signing processes after a Dec. 14 exploit in the Ledger Connect Kit software library. “We are aware of approximately $600,000 in assets impacted, stolen from users blind signing on EVM DApps,” Ledger wrote in a Wednesday X post. It’s “committing to work with the DApp