Kaia Blockchain Goes Live: Bringing Telegram-Style Apps to Line
TL;DR Kaia DLT Foundation officially launched its mainnet on August 29, standing out as the fastest and most efficient EVM blockchain in the world. Kaia Wave,
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Xapo Bank Partners with Hilbert Group to Create $200M Bitcoin-Denominated Fund
TL;DR Hilbert Group and Xapo Bank have launched a Bitcoin-denominated hedge fund with an initial investment of over $200 million, set to begin in September 2024.
Terraform Labs Winding Down: Terra Blockchain Transitions to Community Management
TL;DR Terraform Labs (TFL) will begin to close its operations and management of the Terra blockchain will become a community-based process. Proposal 4818 will be the
Base L2 Shatters Records: 1 Million Daily Active Addresses and 200K Basenames in a Week
TL;DR Base L2 reaches 1 million daily active addresses and registers 200,000 new basenames in one week. Daily transactions on Base exceed 4 million; TVL on
Crypto Sees Largest Weekly Inflow in 5 Weeks—Bitcoin and ETH ETFs in the Spotlight
TL;DR Digital investment product revenues hit $533 million, highest amount in five weeks Bitcoin stands out with inflows of $543 million, while Ethereum faces outflows of
Tokenized US Treasuries Reach $2B Milestone as Private Credit Drives RWA Growth
TL;DR Total value of tokenized treasures exceeds $2 billion. Growth driven by private credit and US Treasuries is trending upward rapidly. The average yield to maturity
Artificial Superintelligence Alliance (FET) Token Skyrockets After Nvidia’s Surprising Earnings
TL;DR FET on the rise: The Artificial Superintelligence Alliance token (FET) has seen a 61.3% increase in the last week. Notable Transactions: A significant FET transaction
Bybit Unveils TON’s Bold Plan: Bringing 500M Telegram Users to Web3 by 2028
TL;DR TON integration with Telegram facilitates access to web3 services for almost 1 billion users. Toncoin price has risen by over 200% this year, and the
DWF Labs Sells All Curve DAO Tokens at a Loss—$4.12M CRV Offloaded to Binance
TL;DR DWF Labs has sold its entire Curve DAO (CRV) token at a loss of 17.5%. CRV price has fallen by more than 45% so far
Tether Abandoned Plans for Its Own Blockchain, Citing Future Commodity Status
TL;DR Tether decides not to launch its own blockchain. Paolo Ardoino considers that the blockchain market is saturated. Tether continues to expand its offering with new
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