LayerZero cross-chain interoperability protocol completes first airdrop snapshot
LayerZero’s ZRO perpetual futures contract is trading at $8.6 on Hyperliquid, the world’s largest perps DEX, suggesting a potential $17 billion fully diluted valuation.
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Maersk, IBM Launch Blockchain Shipping Supply Chain Platform
IBM and Danish transport and logistics giant Maersk have launched their global blockchain-enabled shipping solution, according to an official press release today, August 9. The new jointly developed blockchain solution revealed 94 organizations involved and 154 million shipping events already captured. The global supply chain platform has been dubbed ‘TradeLens,’ and its dataset is reportedly…

Ripple will drop cross-appeal in SEC case, get refund from lower court ruling
Ripple chief legal officer Stuart Alderoty said the firm had agreed to drop its cross-appeal with the SEC and will be refunded roughly $75 million from an August 2024 judgment. 1927 Total views 1 Total shares Blockchain firm Ripple Labs’ case with the US Securities and Exchange Commission (SEC) may be officially wrapped up after

Is Bitcoin price going to crash again?
Bitcoin’s failure to hold $64,000 could be an early sign that a price reversal is beginning.

Ledger, Trust Company Legacy Trust to Offer Crypto Custody for Institutional Investors
French hardware wallet producer Ledger has partnered with Hong Kong trust company Legacy Trust to offer institutional cryptocurrency custody services, according to a press release shared with Cointelegraph on March 28.The announcement — which also claims that this is the launch of the first institutional-grade digital asset custody service — specifies that the new offering…

DeFi Lending Attracts VC Backing Despite Sharp Drop in Crypto Fundraising
Despite heavy losses in VC funding across the crypto sector at large, DeFi lending firms saw a more than 50% increase in fundraising during April. 1383 Total views 45 Total shares A report published by venture capital research firm, Ana.vc, has revealed a 57% decline in crypto funding from VCs over the month of April.Despite…

The United States updates its crypto AML/CFT laws
Against great push back from the crypto industry and as the price of Bitcoin (BTC) reached new all-time highs several times during the last couple of months, the United States has updated its cryptocurrency Anti-Money Laundering/Combating the Financing of Terrorism laws.Related: COVID-19 pandemic spurs crypto law updates in J5 countriesThe Anti-Money Laundering Act of 2020…

Guilty Plea Moves First US ICO Fraud Case to Final Stages, Sentencing Set for April
The suspect at the center of the U.S.’ first Initial Coin Offering (ICO) fraud case has pleaded guilty in court, in part settling a case seen as a bellwether for the country’s securities laws, Bloomberg reported Nov. 15.Maksim Zaslavskiy, who faces a sentence of up to 37 months after lying to investors who put funds…

Archax, Assetera partner to offer 91 tokenized funds in UK market
Assetera and Archax are collaborating to provide UK and global investors with regulated access to tokenized funds, including real-world and digital assets.