DeFi
Venture capital funding directed towards crypto startups totaled $4.5 billion during the second quarter, down 22% versus the previous three months. According to DefiLlama data, the breakdown of the second quarter shows monthly flows of roughly $1.29 billion in April, $624 million in May, and $2.5 billion in June. June’s figure is over 4x larger […]
Crypto VC funding drops 22% in Q2 despite strong June finish Read More »
In brief Botanix, a layer-2 blockchain built on Bitcoin, launched its mainnet on Tuesday. The network has touted its decentralization credentials, revealing a federation of notable node operators. Botanix has launched with a game that lets players earn tiny bits of free Bitcoin. Botanix, a Bitcoin-based layer-2 blockchain, underwent its mainnet debut on Tuesday, Botanix
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure In a significant revival of political activity, crypto-focused Political Action Committees (PACs) are gearing up to amplify their influence in upcoming special elections across the United States. Following a successful campaign during last year’s elections, these super PACs are determined to position
Crypto Super PACs Make A Comeback, Pouring Millions Into Upcoming US Elections Read More »
Decentralized exchanges (DEX) processed roughly $385 billion of spot trades in June, equal to almost 30% of the turnover recorded by centralized venues, according to DefiLlama and The Block data. The 30-day DEX figure represents a 12% decline from May, but centralized exchange (CEX) spot volume contracted nearly 30% in the same period. Notably, this
DEXs capture almost 30% of CEX spot activity in June, setting new record Read More »
Key Takeaways The XRP Ledger launched an EVM-compatible sidechain to enable Ethereum-based smart contracts and cross-chain DeFi. The sidechain uses XRP as its gas token, connects through Axelar bridge, and is supported by partners like Band Protocol, Grove, and Wormhole. Share this article Ripple-backed XRP Ledger has rolled out its EVM-compatible sidechain, empowering Ethereum-based smart
Ripple-backed XRP Ledger launches EVM-compatible sidechain on mainnet Read More »
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure As crypto prices see a new rebound with Bitcoin (BTC) leading the pack, US investors are not only anticipating significant returns on BTC and other digital assets but also facing increased scrutiny from the Internal Revenue Service (IRS). Recent reports indicate that
IRS Intensifies Scrutiny Of Crypto With Surge In Warning Letters Read More »
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure US President Donald Trump’s growing support for Bitcoin has drawn sharp criticism from economist Peter Schiff, who warns that the move could weaken the dollar. Schiff posted on X that exchanging dollars for Bitcoin “puts added pressure on the dollar” and called
Bitcoin Over Country? Peter Schiff Thinks Trump’s Priorities Are Off Read More »
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The Financial Action Task Force (FATF) has raised alarms about the “increasing risks” associated with the adoption of stablecoins and other cryptocurrencies. Stablecoin Adoption Raises Security Concerns In a press release issued on June 26, the FATF noted that the growing use
Global Watchdog Reveals Surge In Criminal Activity Involving Stablecoins Read More »
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure On Thursday, crypto exchange Kraken launched a peer-to-peer payments app, enabling users to send and receive funds in both cryptocurrencies and fiat currencies across more than a hundred countries. This move aims to broaden Kraken’s services beyond its core digital asset trading
Kraken Launches Krak: A New Peer-To-Peer Crypto Payments App—Details Read More »
Ripple has partnered with Wormhole, a cross-chain messaging protocol, to bring multichain support to the XRP Ledger (XRPL) and its upcoming Ethereum Virtual Machine (EVM) sidechain. According to the June 26 statement, the integration will introduce advanced functionality to the XRPL and allow assets and data to flow freely between it and over 35 other
Ripple enhances XRP Ledger’s cross-chain capabilities through Wormhole Read More »
