Why you should listen Storm Labs is an open-source software development studio that builds infrastructure for the next financial generation. Their mission is to build and share foundational infrastructure that enables economic empowerment for all. Storm Labs raised $3 million in pre-seed funding from leading venture capital firms and angel investors to launch their protocol Cove, the first onchain portfolio manager that addresses the challenges of Automated Market Makers (AMMs). The round was led by Electric Capital. The current scarcity of dedicated onchain management platforms forces retail ..read more

Today marks a monumental day as Hipposol, A solana memecoin proudly announces the launch of $hippos pre sale round for early participants. Drawing vibrant inspiration from the mighty and playful hippopotamus, the $Hippos token presale event begins today April 24th 2024, with a sale duration of 26 days. Hipposol Ready To Pioneer A New Era in Memecoin $Hippos isn’t merely another entry in the memecoin ledger; it heralds a new era where community, technology, and sheer fun merge to forge genuine value. “With $Hippos, we’re not just redefining memecoins; we’re revolutionizing how a meme ..read more

Today federal prosecutors brought charges against Keonne Rodriguez and William Lonergan Hill, founders of the Bitcoin wallet and mixer, Samurai Wallet, accusing them of conspiring to commit money laundering. This action reflects the U.S. government’s ongoing efforts to prosecute crypto protocols that could facilitate illicit activities and aid foreign entities in concealing financial transactions. According to a press release issued on Wednesday, Rodriguez and Hill are alleged to have developed, promoted, and operated the mixer, enabling over $100 million in money laundering transactions from ..read more

DePINs, leveraging blockchain technology and the Internet of Things (IoT), aim to enhance data sovereignty, reduce dependency on centralized models, and improve system resilience against potential failures. The research specifically highlights and evaluates Acurast, a new decentralized serverless cloud network that capitalizes on underutilized resources of smartphones to perform complex computing tasks with enhanced security and efficiency. Key Findings: Enhanced Efficiency: Acurast has shown potential to perform computationally intensive tasks more efficiently than traditional clo ..read more

“Yoki Origins,” supported by Bandit Network and Brave Ads, introduces a gamified and rewarding experience for Astar zkEVM users, marking a significant milestone in Web3 adoption. Bandit Network, a leading provider of White-Labelled Quest solutions with Points SDK, proudly announces its collaboration with Astar Network to power the ongoing “Yoki Origins” journey. Launched on March 8th, this innovative user onboarding journey coincides with the mainnet release of Astar zkEVM, a Layer 2 scaling solution for Ethereum. This collaboration represents a significant milestone in the evo ..read more

Zircuit, a ZK rollup with parallelized circuits and AI-enabled security, today announced that its staking program has soared past $2B in TVL in only 2 months. As Zircuit forges ahead towards mainnet, the ZK rollup’s staking program is rapidly gaining momentum, attracting over $2B TVL in a short 2 months. Zircuit Staking allows users to earn Zircuit Points by depositing assets that can then be migrated to Zircuit’s mainnet upon launch. Users can deposit ETH, liquid staking tokens (LSTs), liquid restaking tokens (LRTs), and USDe (Ethena USD) to earn Zircuit Points. In March, Zircuit l ..read more

As a leading force in the cryptocurrency market, WEEX Exchange is poised to significantly elevate its ecosystem with the introduction of its exclusive proprietary token, the WEEX Token (WXT), scheduled for release this upcoming summer. What is WEEX: Introduction Since its establishment in 2018, WEEX has rapidly emerged as a leading force in the cryptocurrency exchange domain, offering robust, intuitive, and comprehensive trading solutions. Boasting over 2 million users worldwide, WEEX provides an extensive array of trading options, including spot and futures trading, along ..read more

Sui, the Layer 1 blockchain that offers industry-leading performance and infinite horizontal scaling, has seen funding for Sui Overflow, the first-ever global virtual hackathon focused on creating exciting products on Sui, double in recent weeks with enthusiastic supporters contributing funds. Initially set at $500k, after a groundswell of support from external backers, Sui Overflow’s funding pool has ballooned to $1,000,000. The sizable rewards pool is drawing builders from around the world to build projects on the Sui network and demo them to a panel of judges. Among the categories eligible ..read more

Why you should listen Persistence One is one of the first Cosmos app chains and has been relentlessly building at the edge of the Proof-of-Stake landscape since 2019. Ehile staking attracts a large number of participants in their pursuit to earn rewards and provide better network security, significant potential TVL and activity have been siloed away from the DeFi landscape into PoS. Reversely, the emergence of DeFi has highlighted the limited utility that staked assets provide compared to the composability and financial opportunities available in the vibrant DeFi space, thereby taking away fr ..read more

In the fast-evolving landscape of digital currencies, Bitcoin stands as the pioneer, capturing the imagination of investors, technologists, and economists alike. At the heart of Bitcoin’s ecosystem lies a unique event known as the halving, which plays a pivotal role in shaping its supply dynamics and, consequently, its price trajectory. As the fourth Bitcoin halving event unfolds today, let’s delve into the fundamentals of Bitcoin, the significance of halving, and the historical patterns surrounding its price movements post-halving. Today’s Bitcoin halving is scheduled to happen around 8 p.m ..read more