Tether Increases its Bitcoin Reserves
On March 31, Tether, the company responsible for the stablecoin USDT, acquired 8,888 Bitcoins worth $618 million.
Moongate Raises $2.7M Seed Round to Develop a Modular Web3 Engagement Layer for Real-World Activations
Hong Kong, Hong Kong, April 2nd, 2024, Chainwire Moongate announces the closing of a $2.7M Seed round to develop a Modular Web3 Engagement Layer for Real-World Activations. Backed by its success in disrupting the ticketing industry, the company aims to expand its reach into other sectors to transform interactive experiences using blockchain and AI. The funding round was led by […]
BSX: The First CLOB Perp Exchange to Launch on Base Layer-2 Blockchain
Grand Cayman, Cayman Islands, April 1st, 2024, Chainwire Quick Take BSX, backed by Base Ecosystem Fund, is set to raise the bar as the world’s foremost premier, high-performance decentralized exchange, offering an enhanced DeFi trading experience that provides the best of both worlds by merging the benefits of centralized exchanges with the self-custody features of decentralized exchanges. BSX will begin […]
130,000 Bitcoins Withdrawn from Exchanges This Year
Since January 11, nearly $10 billion worth of Bitcoins have been withdrawn from exchange wallets.
USDC’s Market Cap Reaches an Annual High
Since the beginning of January 2024, the market supply of the second-largest stablecoin, USD Coin (USDC), has been increasing.
Consensys Urges SEC to Greenlight Spot Ethereum ETFs
Consensys has addressed the United States Securities and Exchange Commission’s inquiry into whether Ethereum’s proof-of-stake consensus mechanism raises unique concerns regarding spot ether exchange-traded fund (ETF) applications.
