Kraken, Galaxy Digital, & Others Launch Global Dollar Network
Kraken and Galaxy Digital have co-pioneered the Global Dollar Network to strengthen USDG in an effort to promote more universal stablecoin products. Leading Web3 companies, including Kraken, Galaxy Digital, Robinhood, and Paxos, have jointly established the Global Dollar Network, aiming to expand the use of the US Dollar through innovative stablecoin applications. Kraken’s Role in […]
Standard Chartered’s Crypto Custodian Zodia To Raise $50Million
Zodia, backed by several financial firms, plans to raise $50 million to reach out to more diverse investors. Zodia Custody, the institutional crypto custody platform partly owned by Standard Chartered, is set to scale its global operations through new funding. CEO Julian Sawyer revealed plans to raise $50 million to expand services and launch new […]
PONKE Price Jumps 19% On Binance Support, What’s Next?
PONKE’s price rises 19% after Binance offers support with a futures listing and up to 75x leverage. The Solana-based meme coin Ponke (PONKE) saw a 19% price surge following Binance’s announcement of a USDⓈ-Margined PONKEUSDT Perpetual Contract. Set to launch on November 4, 2024, the contract will offer up to 75x leverage, presenting new trading […]
Deutsche Telekom Subsidiary To Launch Bitcoin Mining With Excess Energy
Deutsche Telekom subsidiary MMS partners with Bankhaus Metzler to set up a Bitcoin mining pilot using excess renewable energy to stabilize energy grids. MMS, a subsidiary of Europe’s top telecommunications company Deutsche Telekom, has partnered with Bankhaus Metzler to explore Bitcoin mining using excess renewable energy. This pilot project in Germany aims to utilize extra power generated […]
DePIN Glow Raises $30M from Framework Ventures, USV
The funds will be used to expand Glow’s solar grid in India, which is projected to replace the energy consumption of 34,000 households. Ethereum-based platform Glow has secured $30 million from venture capitalists to expand its decentralized solar farm initiatives. Framework Ventures and Union Square Ventures led the funding round, with participation from Lattice Ventures, Protocol […]