On April 10, Auradine, a tech company focusing on web structure and cryptocurrency mining technology, completed a $80 million Series B investment round successfully. In May 2023, Celesta Capital and Mayfield Fund spearheaded the funding round for the company, with participation from Marathon Digital and earlier investors. More investors, including StepStone Group, Top Tier Capital … Read more
Polygon introduced zkEVM amid initial criticism Despite setbacks, MATIC may be in for a potential uptrend Polygon has risen as a key contender, most notably as an leading layer-2 (L2) scaling option for Ethereum. With its sophisticated technology and unwavering commitment to improving Ethereum‘s capacity, Polygon offers multiple solutions including sidechains, zk-rollups, and optimistic roll-ups. … Read more
The court filing in the Southern New York District Court announces a new sentencing date for Ryan Salame, former co-CEO of FTX: May 28. The reason for the change from the initial May 1 sentencing remains undisclosed. Salame was one of the four members of the FTX top management to be charged by the United … Read more
Bitcoin’s Sharpe Ratio was higher than Gold’s and that of other key equity and commodity markets Bitcoin’s 30-day realized volatility in the first week of April was the highest since late 2022 In simpler terms, Bitcoin, the world’s leading cryptocurrency, has given better risk-adjusted returns than standard financial assets despite its reputation for significant price … Read more
STEpn, a move-to-earn lifestyle app established on the Solana blockchain, is distributing 100 million FSL points, equivalent to around $30 million, among its users as an airdrop. Based on the announcement made on April 10, FSL points can be exchanged for STEPN’s GMT token at a rate of one-to-one. Additionally, these points will be usable … Read more
These days, memecoins such as Dogecoin (DOGE), DogeCannon (WIF), and Pepe (PEPE) are underperforming in the cryptocurrency market. This lackluster performance indicates a significant decrease in the excitement that once drove this sector. Pre-halving correction fractal At first glance, it seems that the drop in value for many top joke cryptocurrencies is simply a part … Read more