Gate Ventures and the Blockchain Center in Abu Dhabi have launched Falcon Gate Ventures, a $100 million fund designed to promote global Web3 innovation.
EigenLayer, a prominent Ethereum restaking protocol, has seen a dramatic $351 million reduction in its Total Value Locked (TVL) within the last 24 hours.
South Korea’s Public Pension Service (NPS) buys 245,000 MicroStrategy shares worth $33.75M, expanding into digital assets.
In their attempt to scale Bitcoin, developers working on Sidechain performance have launched a new BitVM2 Whitepaper.
The Arbitrum DAO has approved a key proposal focused on increasing the utility of the ARB token and bolstering governance security. This staking initiative is set to play a crucial role in maintaining the network’s growth and strengthening its resilience.
Parcl, an on-chain real estate synthetics platform, has partnered with Truflation, a leader in real-world asset indices and inflation data, to transform the accessibility and transparency of housing data on a global scale.
Cardano founder has weighed in on the use cases of AI and the accompanying challenges and how blockchain may help in solving it.
Cronos Labs, a prominent Web3 accelerator firm, has confirmed in an announcement that it is partnering with the engineering team from Matter Labs, a firm specializing in Ethereum Layer 2 scaling solutions, to debut the Cronos zkEVM on the Ethereum mainnet. The Cronos zkEVM is the “first layer-2 ZK chain besides ZKsync Era”.
Two alumni of the TON Foundation – Ian Wittkopp and Inal Kardan – announced the launch of their for-profit VC firm TON Ventures with an inaugural funding of $40million. The goal of this new entity is to create the next generation of Telegram mini apps.
Decentralized Finance (DeFi) protocol dYdX has announced a major upgrade coming to its Chain. The launch is scheduled for later this autumn and will bring a suite of new features to the protocol.
Pump.fun has reached a new milestone by generating $5.2 million in daily revenue, surpassing the combined revenue of the next 24 highest-earning protocols.
The Australian Securities and Investments Commission (ASIC) has filed a lawsuit against the country’s leading stock exchange, the ASX, alleging it made “misleading and deceptive” statements regarding its failed blockchain project in 2022.
Ethereum’s Layer 2 ecosystem has hit a new milestone, setting a record for daily transaction volume. Data also shows that Layer-2 networks now have more stablecoins than Solana and Binance Chain combined.
DBS Bank said that the DBS Treasury Tokens project will test the benefits of tokenization by applying the company’s systems and learnings developed by working with the Monetary Authority of Singapore (MAS).
If BlackRock proceeds with this blockchain project, it could manage its $10 trillion in assets using a single, transparent global ledger.