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Bitfinex-backed Plasma raises $3.5 million to expand access to USDT stablecoins on Bitcoin

The team behind the Bitcoin-focused, EVM-compatible Plasma chain has raised $3.5 million from friends and family. Plasma, focused on expanding access to the USDT stablecoin, is backed by Bitfinex CTO and Tether CEO Paolo Ardoino.

theblock.co • 18/10/2024 - 14:04 PM

The Daily: Cosmos co-founder blames Iqlusion over North Korea-linked security risks, Italy plans 42% capital gains tax on bitcoin and more

Jae Kwon criticizes Iqlusion over security issues; Italy raises bitcoin tax to 42%; US seeks shorter sentence for Bitfinex hacker; TON blockchain partners with Axelar; Trump promotes crypto.

theblock.co • 16/10/2024 - 17:35 PM

Binance Labs invests in Bitcoin liquid staking platform Lombard

Binance Labs invests in Lombard Finance, a Bitcoin liquid staking platform, aiming to expand LBTC access across blockchains and enhance DeFi participation.

theblock.co • 16/10/2024 - 14:00 PM

Axelar's Mobius development stack will be integrated to TON

The TON Foundation has chosen Axelar’s Mobius stack to improve interoperability and asset transfers between TON and other blockchains, enhancing user experience and connectivity.

theblock.co • 16/10/2024 - 13:00 PM

'Crypto is the future' Trump proclaims as World Liberty Financial generates just $9 million in first-day WLFI token sales

World Liberty Financial, backed by Donald Trump, launched its token sale aiming to raise $300 million. Initial sales reached $9.15 million, causing mixed reactions within the crypto community.

theblock.co • 15/10/2024 - 23:48 PM

Opacity Network raises $12 million seed round for ZK-based data verification platform

Opacity Labs has raised $12 million for its data verification platform, Opacity Network, which uses zero-knowledge proofs for data privacy and security, bringing its total funding to $13.4 million.

theblock.co • 15/10/2024 - 17:00 PM

DBR liquidity bootstrapping gets underway on Jupiter's launchpad ahead of deBridge token launch

deBridge launches DBR governance token via Jupiter's LFG launchpad, aiming for decentralized governance and liquidity transfer without locking assets.

theblock.co • 15/10/2024 - 08:05 AM

The Daily: Trump-backed DeFi project claims 100,000 signups, Harris vows to support crypto legal framework for Black men and more

Donald Trump-backed World Liberty Financial claims 100,000 signups. Kamala Harris proposes crypto protection for Black men. Political shift to Republicans fuels $407M in crypto fund inflows.

theblock.co • 14/10/2024 - 18:21 PM

$35 million worth of tokens drained from a crypto whale in phishing attack

A phishing attack resulted in a crypto whale losing 15,079 fwDETH, worth $35 million, causing a sharp drop in the value of DETH.

theblock.co • 11/10/2024 - 08:38 AM

The Daily: Trump-linked DeFi project looks to raise $300 million, Uniswap Labs unveils Unichain Layer 2 and more

Today's digest highlights Trump's DeFi project, Uniswap's Layer 2 Unichain, Optimism's airdrop, PlusToken's ETH movements, and Ubisoft's NFT game 'Champions Tactics'.

theblock.co • 10/10/2024 - 18:19 PM

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