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Avalon Labs and Ethena Labs Launch 'Bitcoin Money' with New Stablecoin USDa for High-Yield Opportunities

Avalon Labs and Ethena Labs Launch 'Bitcoin Money' with New Stablecoin USDa for High-Yield Opportunities

Avalon Labs just announced an exciting partnership with Ethena Labs. Together, they’re launching something called ‘Bitcoin Money’ through the BTCFi platform. This collaboration aims to change how people generate yield in the crypto space by introducing a new stablecoin named USDa. Now, Bitcoin holders have access to some interesting

BlackRock Expands BUIDL Tokenized Fund Across Multiple Blockchains, Becoming Largest Globally by AUM

BlackRock Expands BUIDL Tokenized Fund Across Multiple Blockchains, Becoming Largest Globally by AUM

BlackRock has just rolled out its USD Institutional Digital Liquidity Fund, known as BUIDL, across several blockchain ecosystems. This fund is tokenized by Securitize and is now available on Aptos, Arbitrum, Avalanche, Optimism’s OP Mainnet, and Polygon. This move is a big deal in the tokenization world. It allows

Coinbase Acquires Utopia Labs Team to Boost On-Chain Payment Solutions on Base Network

Coinbase Acquires Utopia Labs Team to Boost On-Chain Payment Solutions on Base Network

Coinbase has made an exciting move by acquiring the team from Utopia Labs, a company known for its cryptocurrency payment solutions. This talented team will join Coinbase’s Layer 2 network called Base. Their main goal? To speed up the development of on-chain payment solutions for the Coinbase Wallet. The

OKX Lists AI Community Token (ACT) on Spot Market with Call Auction and Trading Launch

OKX Lists AI Community Token (ACT) on Spot Market with Call Auction and Trading Launch

OKX has announced some exciting news! They are listing ACT (Act I: The AI Prophecy) on their spot trading market. You can start depositing ACT right now. Spot trading for the ACT/USDT pair will kick off later today. But that’s not all. There’s a call auction for

Binance Launches Usual: A New Decentralized Fiat Stablecoin Issuer on Launchpool

Binance Launches Usual: A New Decentralized Fiat Stablecoin Issuer on Launchpool

Binance, the cryptocurrency exchange, has just announced something exciting. They’re launching Usual, a decentralized fiat stablecoin issuer. This marks the 61st project on their Launchpool. Here’s how it works: users can lock their BNB and FDUSD to receive USUAL airdrops. This will happen over a four-day period, starting

South Korean Authorities Arrest 215 in $231 Million Cryptocurrency Scam Involving Popular YouTuber

South Korean Authorities Arrest 215 in $231 Million Cryptocurrency Scam Involving Popular YouTuber

South Korean authorities have arrested 215 people in connection with a massive cryptocurrency investment scam. This operation allegedly defrauded thousands of victims. According to Yonhap News, the suspects, including a YouTuber with 620,000 subscribers, collected about 325.6 billion won, which is around $231 million. They lured in 15,

BIT Mining Invests in Prosper's Native Token to Enhance Bitcoin Mining Focus

BIT Mining Invests in Prosper's Native Token to Enhance Bitcoin Mining Focus

BIT Mining (NYSE: BTCM) has made a smart investment in Prosper's native token, PROS, to support its new focus on Bitcoin mining. Prosper is a decentralized protocol. It aims to connect institutional-level Bitcoin mining power on-chain. Plus, it wants to unlock Bitcoin's potential through liquidity farming.