Tag: San Francisco
dYdX Community Approves Revenue Sharing Proposal – A Step Towards Growth
The dYdX Foundation recently announced a significant development for its community - the approval of a revenue-sharing proposal. This proposal, which was passed on November 15th, outlines the allocation of 50% of protocol revenue...
Unlocking the Profit Potential of Solana Trading Ecosystem
Solana's on-chain trading ecosystem is proving to be incredibly lucrative, with high revenues being generated due to the network's unique architecture and the opportunities it offers to traders. According to a report by David...
Eclipse: Solana-Ethereum Hybrid by VC Darling Makes Debut
Eclipse, a new blockchain platform, has finally launched its mainnet, combining technology from Ethereum and Solana to create a unique layer-2 network. This innovative network, similar to other layer-2 Ethereum rollups, allows users to...
Ethereum Foundation’s Treasury Decreases by 39% to $970M
The Ethereum Foundation recently disclosed its financial report, stating that it had $970.2 million in its treasury as of Oct. 31. This amount represents a 39% decrease from the $1.6 billion it held on...
Binance Labs Invests in DeSci Platform: BIO Protocol Revolutionizing Blockchain Technology
Binance Labs, the venture capital arm of Binance, has made a strategic investment in the BIO Protocol platform, signaling its entry into the world of decentralized science funding. This move marks a significant milestone...
California Regulators Permanently Revoke BlockFi’s License for Unethical Lending Practices
The California Department of Financial Protection and Innovation has taken strict action against BlockFi, a crypto lending platform, by permanently revoking its lending license due to unethical lending practices and regulatory issues. This decision...
Spark Introduces On-Chain Order Book for Ethereum Trading
Spark, a decentralized protocol, has recently introduced an on-chain order book for Ethereum (ETH) trading by utilizing layer-2 chain Fuel Network technology. This new system aims to provide fast execution for professional, institutional, and...
Square to Increase Bitcoin Mining Investment and Close ‘Web5’ Project
Jack Dorsey's company, Block (SQ), is shifting its focus towards developing equipment for bitcoin miners and its self-custody crypto wallet. This decision comes as the company plans to give up on its "Web5" project,...
Top 3 Cryptocurrencies Poised for Solana-Like Success by 2025
Cryptocurrency investors are always on the lookout for the next big opportunity that could bring substantial returns. With the success of Solana in mind, experts are eyeing potential breakout stars in the crypto market...
Lost $12m in Meme Coin Blunder: Ross Ulbricht-Linked Wallets
In a recent crypto blunder that made headlines across the digital currency world, wallets tied to Ross Ulbricht, the notorious Silk Road creator, lost a staggering $12 million worth of meme coins due to...















