Libeara, FundBridge Introduce Onchain US Treasurys Fund
Libeara and FundBridge Capital’s Ultra Fund brings US Treasury investments onchain, strengthening blockchain finance. Libeara, a blockchain-based asset tokenization platform, and FundBridge Capital, an infrastructure provider for fund management, have introduced a tokenized U.S. Treasurys fund on a public blockchain. The fund, named the “Delta Wellington Ultra Short Treasury On-Chain Fund” or “Ultra Fund,” provides […]
BlackRock Bitcoin ETF Passes $30B, US ETFs Near 1M BTC
Continued ETF inflows might help Bitcoin hit an all-time high, which the asset came within $200 of on Oct. 29. BlackRock’s spot Bitcoin exchange-traded fund (ETF) has exceeded $30 billion in holdings, indicating a growing interest in the leading cryptocurrency. The largest asset manager achieved this $30 billion milestone less than 10 months after launching […]
Starknet Records 857 TPS, Averages 127.5 Stress Test
Starknet’s new TPS record suggests that Ethereum has scaling potential, but it also raises key questions concerning real-world scalability. On Oct. 29, Starknet, an Ethereum layer-2 (L2) scaling solution, achieved a significant milestone by reaching a peak of 857 transactions per second (TPS) during a controlled stress test. The test recorded an average of 127.5 TPS […]
Nillion Network Secures $25M for Decentralized Privacy Solutions
Nillion, a privacy service, has raised $50 million since graduating from an accelerator in January 2023. Nillion Network has secured $25 million in its latest funding round to develop further its decentralized privacy platform, which includes an optional blockchain component. This is the network’s second fundraising effort this year, following a round in February. The […]
Pyth Flips Chainlink in 30-Day Volume, Chronicle CEO Comments
Pyth Network’s pull-based model has resulted in significant transaction volumes, adding to Oracle’s competition with Chainlink. Pyth Network, a leading Oracle provider, has recently surpassed Chainlink in 30-day transaction volume despite holding a lower total value secured (TVS). This change could be due to Pyth’s unique pull-based Oracle model, which delivers data upon request rather than […]