Velo and Solana Collaborate on Laos Digital Gold Project
For the Laos Digital Gold Project, Velo and the Solana Foundation signed a MOU (memorandum of understanding). The Velo and Solana Foundation have partnered to provide a clearing house for Laos Digital Gold transactions. Following an announcement on April 8, Velo revealed a memorandum of understanding (MOU) on establishing the project’s clearance house. However, collaboration with its […]
Venture Capital Invents $2.5B Into Crypto StartUps in Q1
Venture capital investment in cryptocurrency startups rises to $2.5 billion in Q1 2024, demonstrating renewed optimism as Bitcoin’s price increases toward $100,000. The infusion of venture capital into cryptocurrency startups experienced a substantial surge of 32% in the first quarter of 2024, reaching an astounding $2.5 billion. This upswing is an optimistic indication of recovery […]
Polkadot Hits Milestone of 600K Active Addresses
The number of active addresses on the Polkadot blockchain has increased to a record milestone of 600,000. By the end of March, Polkadot had over 600,000 active addresses on-chain, based on data from DotLake that Polkadot revealed in an April 7 X post. “The Polkadot ecosystem is still growing, with many apps using dedicated blockspace […]
Elon Musk Under Investigation in Brazil for Defying Court Ruling
Elon Musk, the CEO of Tesla, is facing legal scrutiny in Brazil for fighting court orders on X, stirring disputes over free speech and regulatory monitoring in the country. Elon Musk, founder of the tech mogul X and billionaire, is involved in a legal dispute with the Supreme Court of Brazil. Musk is contesting a […]
DeFi Protocol dYdX Investigates Halt in Block Production
DeFi protocol developer dYdX declared that it is looking into the reason for the recent stoppage of block production during a planned chain update. dYdX released a status report on April 8 at 05:30 UTC, stating that the chain was moving forward with a planned protocol upgrade and that there would be some disruptions to […]