Layer-1 Network Flare Raises $35M From Kenetic, Aves Lair
Flare blockchain has raised $35 million in a private round that included investment from Kinetic, Aves Lair and others, according to a press release.
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Uniswap’s UNI Jumps 50% on Proposal to Upgrade Governance
The upgrade would reward UNI token holders who staked and delegated their tokens, according to the proposal.
Avalanche Suffers Outage, Fails to Produce Block for Almost Two Hours
Layer-1 network Avalanche has failed to produce a block for more than an hour, Ava Labs co-founder Kevin Sekniqi said the issue “seems to be related to a new inscription wave.”
First Mover Americas: Worldcoin, The Graph and Filecoin Finish the Week on Top
The latest price moves in bitcoin (BTC) and crypto markets in context for Feb. 23, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Trump: Bitcoin Has Taken on ‘a Life of Its Own,’ Will Probably Need Some Regulation
Former president and Republican front-runner Donald Trump has said Bitcoin has taken a life on its own and will probably need some regulation.
Texas Blockchain Council, Riot Platforms Sue Dept. of Energy, OMB Over ‘Emergency’ Survey
The Texas Blockchain Council (TBC) and Riot Platforms, one of the largest crypto miners in the state, sued the U.S. Department of Energy for trying to collect information from many of its members, including Riot.
FIL, GRT Rally Boosts CoinDesk Computing Index as Bitcoin Struggles
FIL’s market-beating surge to a 12-month high of $8.5 comes on the heels of Filecoin’s Feb. 16 announcement that it would host programmable blockchain Solana’s block history.
PancakeSwap Plans ‘Affiliates’ for Expansion; Cake Holders to Benefit
CAKE token holders will benefit from the success of affiliate forks as they will receive native DEX tokens from affiliates, if things go as planned.
Ether ETFs Unlikely to Cause a ‘Bubble,’ Traders Say
Interest in ether bets rose significantly after the approval of spot bitcoin ETFs in January sparked optimism among ETH traders.
Injective Introduces ‘ERC-404’ Port to Capitalize on the Hype Around the Experimental Token Standard
Injective has partenred with DEX DojoSwap to introduce the CW-404 standard.