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  • Stellar Development Foundation forms $30 million fund for blockchain startups

    Stellar Development Foundation forms $30 million fund for blockchain startups

    The Stellar Development Foundation (SDF), a non-profit organization founded to support the development and growth of the open-source Stellar network, has established a new $30 million Matching Fund to provide more early-stage firms access to funding.

    SDF is seeking to invest in pre-seed and Series B firms interested in using the Stellar blockchain. The four projects include Trace Finance, Bitwage, Afriex, and FanVestor. The funds also focused on NFTs and cross-border remittance solutions.

  • Ripple commits 1 billion XRP to grants program

    Ripple commits 1 billion XRP to grants program

    Ripple (XRP), the enterprise payment technology company, plans to give out 1 billion XRP in grants for developers. The newly announced grant is an extension of the company’s XRPL Grants program, which was launched in 2021.

    The developer grant would be focused on encouraging open-source projects on the XRP ledger built for enterprise remittance assistance.

  • Mina Protocol raise $92 million from Three Arrows, FTX and others

    Mina Protocol raise $92 million from Three Arrows, FTX and others

    The Mina Ecosystem, a group representing several teams behind the privacy-focused blockchain protocol Mina, has raised $92 million in a token sale and plans to use the funds to attract more software developers.

    Three Arrows Capital and FTX Ventures co-led the raise, with Alan Howard, Brevan Howard, Amber Group, Blockchain.com, Circle Ventures, Pantera Capital and others participating, according to a statement from the Mina Ecosystem.

  • CAKE price soars 30% as Binance announces the launch of PancakeSwap Mini Program

    CAKE price soars 30% as Binance announces the launch of PancakeSwap Mini Program

    Binance, the world’s leading crypto infrastructure provider and blockchain ecosystem, today announced the launch of its first DeFi project on its mobile platform, PancakeSwap Mini Program.

    After the official announcement, CAKE reacted positively, gaining 12.73% to $6.4 with a trading volume of 676 million USD after 24h.

  • LTD rises 93.86% after 24h

    LTD rises 93.86% after 24h

    LTD rises 93.86% after 24h

    LTD, the utility token of the LiveTrade platform, witnessed an impressive growth of 93.86% to a price of $0.01154352 after a few days fluctuating around $0.00553443 – $0.00623357. Based on the price movement over the last week, LTD has gained 104.51%.

    LTD’s trading volume reached $469.1k, 8 times higher than the average trading volume of the previous 10 days. With these achievements, LTD is now leading the Top Gainers and Top Trending on the ONUS app with 318.51k views.

  • Cardano surpasses Kusama in total value locked on decentralized finance applications

    Cardano surpasses Kusama in total value locked on decentralized finance applications

    The Cardano network has surpassed Kusama, Polkadot’s canary network, in total value locked on its decentralized applications after seeing the value locked in its smart contracts swell by around $100 million this month.

    According to data from decentralized finance analytics platform DeFiLlama, the Cardano network now holds around $293.5 million in total value locked across six tracked protocols. Kusama, on the other hand, has $290 million across 52 protocols.

  • Helium announced launching new Roaming services

    Helium announced launching new Roaming services

    Helium, a decentralized wireless network (Decentralized Wireless Network) created to route data for long-range IoT devices, announced launching Roaming services.

    Roaming with Helium gives public and private LoRaWAN network providers around the world the ability to leverage Helium’s ubiquitous coverage, enabling both these providers and their customers to expand into new markets globally.

  • Ukraine’s president signs law establishing regulatory framework for crypto

    Ukraine’s president signs law establishing regulatory framework for crypto

    Ukraine’s president signs law establishing regulatory framework for crypto

    In a Wednesday announcement, Ukraine’s Ministry of Digital Transformation said Zelenskyy signed a bill named “On Virtual Assets” to establish a legal framework for the country to operate a regulated crypto market.

    Crypto exchanges and firms handling digital assets will be required to register with the government to operate legally in Ukraine, and banks will be allowed to open accounts for crypto firms.

  • DeFi platform Aave lauches version 3v

    DeFi platform Aave launches version 3v

    Aave, one of the largest lending platforms in decentralized finance (DeFi) announced the launch of Aave v3 across six different blockchains including Polygon, Fantom, Avalanche, Arbitrum, Optimism and Harmony.

    According to Aave founder Stani Kulechov, v3 will feature a range of new functionalities and mechanisms designed to improve user experience, risk management and capital efficiency.

  • South Korea’s incoming president aims to turn the country into crypto hub

    South Korea’s incoming president aims to turn the country into crypto hub

    Yoon Suk-yeol – South Korea’s new president – promised he will allow initial coin offerings (ICOs) and impose friendly crypto taxation rules.

    South Korea’s newly elected president – Yoon Suk-yeol – displayed a pro-crypto stance during his campaign. The president promised he will allow initial coin offerings (ICOs), impose friendly crypto taxation rules and increase the minimum threshold for paying capital gains tax on profits from digital asset investments.