Aragon Project adds $20M ETH to treasury amid FTX collapse

The Aragon project has increased its Ethereum (ETH) holdings in its treasury by more than $20 million as part of a strategy to move towards more censorship-resistant crypto assets. According to a weekly report, Aragon (ANT) traded $20.4 million worth…

Argentine company Ripio opens its first U.S. office in Florida

The Buenos Aires-based cryptocurrency exchange, which has 4.5 million users and has been in operation for a decade, has already received regulatory approval to start operating in the state with Ripio Select. The offer is intended for companies, institutional investors…

The launch of the Ardana stablecoin project on Cardano will not take place

Cardano’s flagship stablecoin project, Ardana, is shutting down after lengthy launch delays, although the developers stated back in January that “almost all product/smart contract development has been completed.” Ardana (DANA), the leading decentralized finance (DeFi) and stablecoin ecosystem built on…

Binance SAFU Insurance Fund 44% Backed by Native Token

According to data on the network, Binance’s emergency insurance fund is mainly composed of reserves of the company’s own token. The two addresses associated with the fund show that its BNB tokens make up 44% of its reserves. Wrong type…

Polkadot launches anti-scam bounty

Polkadot, the protocol that connects blockchains, has announced its latest initiative to help its ecosystem fight fraud. Relying on the security-conscious people in their community to fight fraud has proven to be an effective method of protecting the ecosystem, according…

Sei attracts Indian developers with Graviton Web3 Accelerator

Blockchain platform Layer 1 Sei has announced a partnership with Indian web3 accelerator Graviton. The company wants to connect India’s non-banking population to web3 as part of a broader strategy targeting the developer ecosystem in emerging markets. The company has…

Wrapped Bitcoin DAO removes FTX from multisig

Kyber Network and BitGo are coordinating the transition to a new multisig smart contract for the Wrapped Bitcoin DAO. This move is due to some of the original signers becoming inactive. The WBTC DAO, the community that administers the Wrapped…

XDao Closes Token Round with $50M Valuation

XDao, a startup that helps the DAO expand across various blockchain networks, has raised $2.3 million in a seed round at a $50 million valuation. Investors in the round were Panony, DWF Labs, Telos Foundation and Grizzly Capital, XDao CEO…