Cosmos Network developers transfer around $27.8m in Bitcoin

According to on-chain analyst Yujin, the Cosmos Network developers transferred 295.3 Bitcoins. It is the first large-scale transfer to be seen in almost two years.  At the current price of…

Grayscale files Form 8-K for Horizen Trust with U.S. SEC

U.S. Digital Asset Investment Manager Grayscale has submitted a Form 8-K filing with the U.S. Securities and Exchange Commission regarding Horizen Trust.  The Form 8-K was filed on Nov. 23…

RWA platform Allo secures $100m Bitcoin-backed credit facility

Allo, a real-world assets tokenization platform, has secured $100 million in debt financing to bolster its Bitcoin-backed lending business. On Dec. 23, the Allo team announced the platform had successfully…

Solana L2 Sonic includes TikTok users in airdrop

Solana GameFi network Sonic will airdrop free tokens to TikTok users for joining its crypto game. Layer-2 gaming-centric Solana-native network Sonic plans to send SONIC tokens to TikTok users onboarded…

Crypto.com launches U.S. trust company

Crypto exchange Crypto.com has launched a U.S. trust company dubbed Crypto.com Custody Trust Company. The exchange, founded in 2016 and currently boasting regulatory approval and licenses in numerous countries and…

Chainlink introduces MEV recapture solution for DeFi

Chainlink, the oracle network bringing global finance on-chain, has announced the launch of an oracle solution it says will help decentralized finance protocols recapture maximal extractable value. The Chainlink Smart…

Hyperliquid Labs debunks DPRK links, but experts are unsure

Hyperliquid Labs, the team behind HYPE’s $28 billion FDV token, refuted claims that North Korean hackers had infiltrated its layer-1 protocol. Hyperliquid Labs (HYPE) shared an announcement debunking any links…

Binance Labs, Kraken Ventures back $10m round for stablecoin issuer Usual

Binance Labs and Kraken Ventures led the $10 million Series A funding round for Usual, a decentralized fiat-backed real-world assets stablecoin issuer. Usual, the RWA-backed stablecoin issuer that uses its…

MicroStrategy enlarges Bitcoin coffers by $561m

MicroStrategy extended its weekly Bitcoin buying spree for the seventh consecutive time, solidifying its position as the largest corporate Bitcoin holder with nearly $45 billion in assets. Michael Saylor, MicroStrategy…

Gaming prediction market Forkast to launch on Ronin

Community Gaming has announced the upcoming launch of Forkast, a game prediction market built on the Ethereum sidechain Ronin. Ronin, the blockchain network developed by Sky Mavis, the creators of…