Crypto X

Chainlink Automation Is Now Live On Layer-2 Optimism Chainlink, an Oracle service provider, introduced Chainlink Automation on Layer-2 Optimism. Chainlink Automation allows developers to grow by offering them the capacity to do DevOps maintenance activities, similar to how Optimism lets DeFi developers smoothly scale their applications.

Binance’s VC Arm, With Over 200 Investments, Focuses on 'Explosive' Potential for Web3 Binance, the world’s largest crypto exchange in terms of trading volume, may have found itself in the crosshairs of the U.S. regulators, but its venture capital (VC) arm, Binance Labs, continues to invest across the Web3 ecosystem.

Stripe Launches New On-Ramp Crypto Service Despite Of US Banking Crisis Stripe said in a press release on May 4 that the onramp option would be beneficial to blockchain startups. The gateway, in particular, enables customers of blockchain firms in the United States to easily purchase cryptocurrencies such as Bitcoin, and the hosted onramp is an extension of what Stripe presently does.

While Binance battles regulators, its $9 billion VC arm keeps growing Now that Binance, the world’s biggest crypto exchange, and its CEO Changpeng Zhao are being sued by the Commodity Futures Trading Commission over unregistered trading activity in the United States, one might expect the business to steer clear of venture investments in the region. But Binance is nothing if not a risk-taker.

3.1 Trillion Shiba Inu Will Be Transferred By Voyager Digital To Binance.US A cryptocurrency lender known as Voyager Digital, which recently filed for bankruptcy, has recently reached an arrangement with the government of the United States. A transaction involving assets worth $1 billion will be carried out by Voyager Digital in conjunction with Binance.

Solana Announces Saga Mobile Launch Date, But Network Activity Declines Solana announced the launch date of its Web3 mobile device Sagam hoping the device will revive the ecosystem, which has been in decline in terms of on-chain activity this year. On April 13, Solana said that its flagship, security-conscious, crypto-first Android device from Solana Mobile is available to those who pre-ordered.

Crypto Exchange Bitget Starts $100M Asia-Focused Web3 Fund Seychelles-based crypto exchange Bitget has started a $100 million fund targeting Web3 startups as Asian countries build a framework for developing Web3. East Asian countries have been making strides to promote crypto in the last few months, with Hong Kong seemingly easing its crypto regulations and Japan approving a white paper for Web3 development last week.

Ether Rallies to 8-Month High, Gains Ground Against Bitcoin Ether (ETH), the native token of Ethereum's blockchain, rose to an eight month high on Tuesday, outshining market leader bitcoin (BTC), as U.S. stock futures traded higher while the dollar index dipped. Ether rose nearly 3% to $1,873, the highest since August, according CoinDesk data. Bitcoin rose 1.7% to $28,300. The ether-bitcoin ratio rose over 1% to 0.066.

Bitdeer Will Be Listed On Nasdaq With A Valuation Of $1.18 Billion The U.S. Securities and Exchange Commission (SEC) has announced that the F-4 registration statement of Bitdeer Technologies Group (BTG) has come into effect. This form is the same as that previously announced by Bitdeer and Blue Safari related to the proposed business combination. Blue Safari will hold an extraordinary general meeting of shareholders on April 11 to approve business mergers and other matters.

Terraform Labs CEO Do Kwon believed to be arrested in Montenegro, Yonhap says A person suspected to be Do Kwon, founder of the Terra blockchain that collapsed in spectacular fashion last year, has been arrested in Montenegro, Yonhap reported, citing South Korean police. The report followed an unverified tweet attributed to Montenegro's Minister of Interior Filip Adzic that said a person suspected to be Do Kwon had been arrested.

Polygon And Avail Split After 3 Years, Co-founder Forms A New Entity Polygon spun out its modular blockchain project Avail into its own company. Anurag Arjun, the co-founder of Avail, departed and purchased the company, and the Avail employees will transition to the new organization.

Top 50 cryptocurrencies' volatility is 'predictable' and digital assets behave more like equities Authors of perhaps “the most exhaustive study” ever done on the volatility of cryptocurrencies say they can now more accurately predict the intense swings gripping the digital-asset market.The Risk Protocol — billed as a digital-assets investment platform — on Thursday released a 44-page report evaluating the volatility among the world’s 50 “largest” cryptocurrencies.

Coinbase Acquires One River Digital Asset Management To Promote Retail Trading One River Digital Asset Management (ORDAM) has been acquired by crypto exchange Coinbase, according to an announcement on Friday.Eric will continue to be the CEO/CIO of ORDAM (now CBAM) as well as the CEO/CIO of One River Asset Management, a separate and unaffiliated company.

Coinbase’s In-House Blockchain Launch Followed By Impersonation Tokens At least 4 new token mints with names similar to Coinbase’s new blockchain have been spotted. Coinbase launched its own Layer-2 blockchain yesterday, built in collaboration with Optimism in its OP stack. The new Layer-2 blockchain, named Base, will host many of Coinbase’s on-chain products.

Helium Sets Solana Migration for March 27 Helium Network migration to Solana now has a proposed date as it is set to happen on March 27. According to the announcement from its Foundation. In a blog post detailing its plans for the migration, the foundation stated that it is currently constituting an Upgrade Readiness Working Group.

Tron Generated $48 Million in Revenue in Q4, 2022: Research Messari revealed that Tron’s financial results in Q4 outperformed those from Q3, while user transactions were also on the rise.According to figures provided by Messari, the decentralized digital platform – Tron – made a revenue of $47.9 million in the last quarter of 2022, a 25% increase compared to Q3.

Turkish rock star and charity establish crypto donation wallet for earthquake support The crypto community is stepping up to help victims of the tragic natural disaster in Turkey by opening a multisig wallet on BNB Chain for earthquake support. So far, over $170,000 in donations have been made, predominantly in the stablecoin BUSD.

Cross-chain margin platform Prime Protocol is launching on Arbitrum Cross-chain margin platform Prime Protocol launched its testnet on Arbitrum today, and will be the first cross-chain brokerage that allows users to take out margin on their entire account — regardless of what chain they are on. launching a version of the application on the Ethereum scaling platform.

El Salvador’s Bitcoin City Wins an International Design Award The LOOP Design Awards reportedly recognized the Bitcoin City of El Salvador’s government as one of the most outstanding projects in interior design and architecture. When completed, the metropolis will use the energy released from the Conchagua volcano to power.