Crypto

Momentum Raises Strategic Round Led By OKX Ventures, Coinbase Ventures, Protagonist and DNA Fund

June 6, 2025 3 mins read

Central liquidity engine of the Move ecosystem surpasses $3 billion swap volume in less than two months, becoming the fastest growing DEX on Sui; will use strategic funding round to help grow Sui DeFi ecosystem. Momentum, one of the fastest-growing decentralized exchanges (DEX) on the Sui blockchain, has raised a new strategic funding round at a $100 million valuation led by OKX Ventures with participation from Coinbase Ventures, Gate Ventures,

USD1 Stablecoin Goes Live on DWF Liquid Markets

June 5, 2025 2 mins read

The next-generation web3 investor and market maker DWF Labs has announced that the USD1 stablecoin has gone live on DWF Liquid Markets. Its introduction means that more than 1,000 counterparties can access USD1 via DWF’s institutional-grade trading solution. Developed by World Liberty Financial, USD1 operates as a fiat-backed stablecoin for institutional and retail traders. Custodied by BitGo, USD1 is fully backed by short-term US government treasuries, US dollar deposits, and

Bedroom Trader OLI (OLI) Is Now Available for Trading on LBank Exchange

June 5, 2025 3 mins read

LBank Exchange, a globally leading digital asset trading platform, is pleased to announce the listing of Bedroom Trader OLI (OLI). The OLI/USDT trading pair is available now at https://www.lbank.com/trade/OLI_usdt, inviting users around the world to embrace a new form of crypto lifestyle—one built on accessibility, humor, and community-first governance. As crypto continues to evolve beyond financial speculation into culture and identity, OLI is redefining what it means to be a trader. Born

HashPower Secures $4M Investment to Advance Decentralized Mining and AI Infrastructure

June 5, 2025 1 min read

HashPower, an on-chain staking and yield protocol, announced the completion of a $4 million strategic investment round, with participation from HashKey Capital, FBG Capital, Hailstone Labs, and DePIN X Capital. This round will accelerate HashPower’s vision to expand global decentralized mining capabilities, optimize staking rewards, and build real-world digital asset and AI infrastructure through permissionless, on-chain access. This investment builds on HashPower’s continued progress in ecosystem expansion and technology deployment.

Avantis Raises $8M in Series A Funding to Build DeFi’s Universal Leverage Layer for Real World Assets & Markets.

June 4, 2025 3 mins read

Pantera Capital and Founders Fund co-led the round to accelerate Avantis’ mission of bringing 24/7 leverage trading to global macro assets and real-world markets – from gold and FX to commodities, indices, equities, sports, and prediction markets. Avantis has raised an $8M Series A round, co-led by Pantera Capital and Founders Fund, both of whom participated in Avantis’ seed round in June 2023. The round also included participation from Symbolic Capital,

Best Crypto to Buy Right Now: 4 Top Picks Backed by Latest Moves

June 4, 2025 6 mins read

Buying at the right time can change everything. That’s why momentum and news matter more than hype. With the presale for BlockDAG nearing a major reveal and tokens like Cosmos, Polkadot, and Sui delivering solid network updates, this month brings some clear opportunities for those scanning the market. This list breaks down what’s actually happening with each coin, no fluff, just the facts and price points that matter. BlockDAG leads

Emirates Coin Investment LLC Obtained the First Virtual Asset License in the UAE from SCAx

June 3, 2025 1 min read

Emirates Coin Investment LLC (EmCoin) has become the first company in the United Arab Emirates to receive a Virtual Asset license from the Securities and Commodities Authority (SCA). This license marks the first issuance of its kind by the SCA under the country’s regulatory framework for Virtual Asset service providers. The approval reflects the UAE’s broader efforts to establish comprehensive oversight for digital finance activities. EmCoin’s licensing under the SCA framework

The GRVT Android App Is Available on Google Play Store Now

June 1, 2025 2 mins read

GRVT (pronounced “gravity”), the world’s first licensed onchain exchange – is excited to announce that its Android mobile app is available for download on the Google Play Store now. This launch brings the full power of GRVT’s trading platform to users worldwide at their fingertips. With the Android app, users can now access GRVT’s hallmark features on-the-go, including: Hong Yea, co-founder and CEO of GRVT, commented, “We’ve been working tirelessly to deliver the best product

Bybit Secures MiCAR License in Austria, Opens European Headquarters in Vienna with Strategic Expansion Plan

June 1, 2025 2 mins read

Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has received its Markets in Crypto-Assets Regulation (MiCAR) license from the Austrian Financial Market Authority (FMA), signifying a pivotal moment in its European expansion. With this new license, Bybit can now operate as a fully compliant crypto-asset services provider and passport its regulated and localized crypto products and services to nearly 500 million Europeans in 29 EEA (European Economic Area) member states

Donut Raises $7M Pre-Seed To Build the Future of Agentic Crypto Browsing

June 1, 2025 3 mins read

The first agentic crypto browser Donut —unifying wallets, networks, and DEXs— has announced the completion of its pre-seed funding round, led by Hongshan (formerly known as Sequoia CN), BITKRAFT, and HackVC, with participation from Sky9 Ventures, Matrix Partners, Makers Fund, Altos, Orthogonal Ventures, Vessel Ventures, and SonicSVM. Donut, the pioneering agentic crypto browser, today announced a 7 million pre-seed round led by Hongshan (formerly known as Sequoia CN), BITKRAFT, and HackVC, with participation from Sky9 Ventures, Matrix

Naoris Protocol Raises $3M in Strategic Round Led by Mason Labs

May 30, 2025 2 mins read

New institutional round opens following strong demand and six-month due diligence Naoris Protocol, the first quantum-resistant blockchain and cybersecurity mesh architecture, has raised $3 million in a strategic funding round led by Mason Labs, which includes Frekaz Group, Level One Robotics, and Tradecraft Capital, following a six-month technical due diligence process. The round, which includes proceeds from Naoris’s public sale and related allocations, was oversubscribed, prompting the team to open

Circle freeze two wallets linked to the Libra memecoin scandal

May 30, 2025 1 min read

Circle, a prominent stablecoin issuer, has taken action to freeze two wallet accounts associated with the controversial Libra memecoin scandal, which holds approximately $57.6 million in USDC. Reports from Arkham indicate that one of the frozen wallets contains around $44.59 million, while the deployer wallet for Libra has about $13 million in USDC. Stablecoin issuers like Circle and Tether have the authority to restrict token transfers in critical situations, such