What Are Algorithmic Stablecoins
Stablecoins have emerged as a critical component of the cryptocurrency ecosystem, providing a bridge between traditional financial systems and decentralized finance (DeFi).
Crunchbase Taps AllianceBlock To Boost Novel Applications in DeFi
Crunchbase has partnered with AllianceBlock to explore new applications for decentralized finance (DeFi). AllianceBlock is a blockchain-based platform that provides financial services for the DeFi industry, while Crunchbase is a leading provider of business information and insights.
AllianceBlock Strikes Deal With Crunchbase to Bring Traditional Business Data to DeFi
AllianceBlock, a blockchain-agnostic platform that links traditional and decentralized finance, has signed a deal to add business data from Crunchbase to its ecosystem. This is Crunchbase's first foray into the crypto market. The data, which includes funding rounds and information on earnings, will initially be available to AllianceBlock’s Data Tunnel users. The deal follows AllianceBlock's recent agreement with ABO Digital to offer institutional and retail investors a series of tokenized investment products. The AllianceBlock token (ALBT) fell 51% last month after Bonq, a decentralized borrowing protocol, was struck with an exploit worth around $5m.
Crypto Morning Briefing: Justin Sun’s US Fraud Charges Could Hamper Huobi’s License Application in Hong Kong
CFTC Sues Binance and CEO for Violating Trading Rules, Bitcoin and Ethereum Prices Dip; Binance Continues Global Expansion With New ‘Web3 Outpost’ in Georgia; Dogecoin To Get Upgrade Release Packed With New Features and Enhancements
Crypto Evening Briefing: Michael Saylor’s MicroStrategy Repays Silvergate Loan and Buys 6.5K BTC
MicroStrategy has increased its total Bitcoins holdings to 138,955 BTC, purchased for $4.1 billion at an average of $29,817 per coin.
Franklin Templeton Sees Web3 Driving Next Wave of Tech Innovations
According to a report by global asset manager Franklin Templeton, decentralization will drive a fourth wave of technology-backed innovations. The report outlines five "megatrends" transforming modern society, including the shift from proprietary networks to open networks, the focus on intangible assets, and the increased impact of an individual's voice on a company's strategy. The report also highlights the rise of decentralized solutions, such as tokenized assets and decentralized finance (DeFi), which offer advanced trading techniques like derivatives and staking. Franklin Templeton has made firm moves into the blockchain space, and announced plans to offer digital asset strategies to wealth managers last September.
European DeFi Startups Saw 120% Increase in VC Investment in 2022: Data
According to a new study released by European investment firmRockawayX, VC investment in crypto startups based in Europe reached its all-time high in 2022 with $5.7 billion invested
LD Capital Invests in Davos Protocol’s Innovative DeFi Project
LD Capital, a renowned investment firm, has announced its investment in Davos Protocol.
Euler Hacker Returns 51,000 Ether Worth About $89 Million
The Euler Finance exploiter has returned 51,000 ether to the DeFi lending protocol.
Thala Labs Launches Token Generation Event (TGE) for Governance Token $THL via Liquidity Bootstrapping Pool
The event will take place between March 31st, 7pm EST (UTC-5) and April 5th, 7pm EST (UTC-5).