Breaking News: DEXS – Market Insights, Analysis & Latest Updates

Memecoins are here to stay, says expert panel — but is utility the goal?

Experts at a conference discuss the future of memecoins, acknowledging their lasting presence while debating utility, dominant platforms, and the competition between Base and Solana.

theblock.co • 05/12/2024 - 15:50 PM

DeFi.app raises $2 million seed round at $100 million token valuation

DeFi.app raised $2 million in seed funding, aiming to simplify DeFi trading and launch a public beta and mainnet in 2023, focusing on community involvement.

theblock.co • 04/12/2024 - 18:31 PM

The Daily: South Korea's short-lived military rule sparks record crypto trading volume and more

South Korea's military rule affected crypto markets, HYPE token's value soared, TRON hit new highs, Celsius CEO pleaded guilty, and the U.S. government moved seized crypto.

theblock.co • 04/12/2024 - 14:01 PM

Privacy-focused Cosmos Layer 1 Namada initiates mainnet launch and token airdrop

Namada has launched its mainnet, featuring a multi-asset shielded pool for privacy and community-driven governance, alongside a community airdrop of NAM tokens.

theblock.co • 03/12/2024 - 15:13 PM

Safe rolls out 'Safenet' to unify liquidity and user interactions across blockchains

Safe has launched Safenet, a transaction processor network for managing cross-chain assets, addressing DeFi challenges like liquidity fragmentation and enhancing transaction security and speed.

theblock.co • 03/12/2024 - 14:00 PM

Pump.fun reaches monthly revenue peak with $93 million in November, rakes in cumulative revenue of $240 million

Pump.fun experienced significant revenue growth, surpassing $93 million in November, driven by renewed investor interest and impressive gains among memecoins launched on the platform.

theblock.co • 03/12/2024 - 13:55 PM

The Daily: Hyperliquid set for HYPE token launch, MARA purchases $615 million in bitcoin and more

Hyperliquid prepares to launch its HYPE token; MARA purchases bitcoin; Celsius distributes $127 million; Coinbase's Celo decision causes community backlash; gamified AI Freysa retains $40,000 in crypto.

theblock.co • 28/11/2024 - 15:16 PM

WalletConnect launches first airdrop season with 50 million tokens allocated to community members

WalletConnect rolled out the eligibility checker for the first season of its airdrop, allowing users to stake tokens for governance. During the first season of the airdrop, 50 million tokens have been allocated for distribution to over 160,000 eligible users. The tokens are initially non-transferable, but users can stake them for periods ranging from one week to two years, with staking rewards starting on Dec. 19.

theblock.co • 27/11/2024 - 06:24 AM

The Daily: MicroStrategy buys record $5.4 billion in bitcoin, Sky Mavis cuts 21% of its workforce and more

Business intelligence firm and corporate bitcoin holder MicroStrategy purchased another 55,500 BTC for $5.4 billion between Nov. 18 and Nov. 24, according to an 8-K filing with the SEC on Monday. Axie Infinity crypto game developer Sky Mavis is laying off 21% of its workforce, affecting about 50 of its 250 global team, amid a “shift in priorities,” according to CEO and co-founder Trung Nguyen. Solana’s decentralized exchanges surpassed $100 billion in monthly trading volume for the first time, generating a record $109.8 billion in November so far, doubling Ethereum’s $55 billion. The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.

theblock.co • 25/11/2024 - 19:15 PM

DeFi platform Folks Finance raises $3.2 million Series A at $75 million valuation

Folks Finance raised $3.2 million in Series A funding led by Borderless Capital, exceeding expectations and indicating future token plans for its cross-chain DeFi platform.

theblock.co • 14/11/2024 - 13:00 PM

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