FG Nexus, the digital assets arm of Fundamental Global Inc., has acquired 47,331 ETH worth roughly $200 million at $4,228.40 per token …
network
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Pharos Network, a L1 blockchain focused on real-world asset finance, has partnered with Morpho, a lending network with more than $9 billion …
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Web3
Bestselling Author Todd Thomas Featured in the Debut Episode of Tech Leaders Spotlight on The NOW Network
by shayaanby shayaanTech Leaders Spotlight debuted August 5 at 10:30 PM EST on The NOW Network, featuring bestselling author Todd Thomas. The nationally syndicated …
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Mining
UK-based Union Jack Oil turns to Bitcoin mining amid rising network difficulty
by shayaanby shayaanUnion Jack Oil (UJO), a UK-listed oil and gas firm, is exploring a new path to monetize its gas resources by turning …
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Markets
Sei Network Gets MetaMask Support as Buy Signals Emerge for SEI Token, $0.5 on the Horizon
by shayaanby shayaanMetaMask, one of the most widely used Web3 wallets with over 100 million users, has officially integrated the Sei Network, a Layer-1 …
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Adoption
Succinct’s Prover Network goes live with 1,700 programs and $4b in secured value
by shayaanby shayaanThe Succinct Prover Network is entering the market at full speed with an active ecosystem already securing billions across Ethereum, Solana, and …
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Markets
Base Network Suffers 1st Downtime Since 2023, Halts Operations for 29 Minutes
by shayaanby shayaanCORRECT (Aug. 5, 10:00 UTC): Changes reference to first outage since 2023. An earlier version of this story said the outage was …
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DeFi
Stables Labs Launches USDX, sUSDX on Base Network for Advanced Cross-Chain Accessibility
by shayaanby shayaanStables Labs, a decentralized platform that offers stablecoin and tokenization solutions, has announced the launch of its USDX and sUSDX synthetic stablecoins …
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Finance
Two Dollar-Backed Stablecoins, Two Blockchains, and EURC Make Their Way to Visa’s Payment Network
by shayaanby shayaanLeading card payment organization, Visa, is expanding its stablecoin settlement support, according to an announcement. The payment platform will add two USD-backed …
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DeFi
Strobe Finance Launches on Axelar Network to Power DeFi Capabilities, Cross-Chain Interoperability
by shayaanby shayaanStrobe Finance (STROBE) has disclosed its strategic collaboration with Axelar Network. Strobe Finance is a DeFi platform that offers decentralized finance products …