Tether invests in Zengo Wallet to advance self-custody

Tether has announced a strategic investment in self-custodial crypto wallet Zengo to enhance the security and accessibility of blockchain tools. In a press release shared to crypto.news, Tether (USDT)’s investment aims to help Zengo Wallet further develop its blockchain-based financial tools in order to create a seamless process for Tether’s stablecoins across various major ecosystems. […]
BTguru and Chainlink team up to advance tokenization in Turkey

BTguru, a virtual and crypto assets provider in Turkey, has partnered with Chainlink to accelerate the adoption of tokenized securities by institutions. The partnership will leverage Chainlink (LINK)’s interoperability protocol,data feeds and proof-of-reserve technology, BTguru said in an announcement. As part of the integration, BTguru will incorporate Chainlink’s Cross-Chain Interoperability Protocol and other tech infrastructure […]
EigenLayer introduces Protocol Council to advance decentralized governance

Is the newly formed Protocol Council the key to strengthening EigenLayer’s protocol security and supporting community-driven growth? On Jan. 14, EigenLayer (EIGEN) announced the formation of the Protocol Council to ensure protocol security and evaluate EigenLayer Improvement Proposals. The news was shared via a tweet from the Eigen Foundation. 3/ The Protocol Council maintains protocol […]
Cyprus police warn public after crypto investor loses $58K to advance fee fraud

Cyprus authorities have urged investors to be cautious after a local lost $58,000 in a cryptocurrency scam that promised lucrative returns. According to a Knews report, the Limassol Criminal Investigation Department is currently investigating a fake crypto trading platform that scammed a 50-year-old man. Notably, the victim came across the phony website in December. At […]
Binance Labs and THENA join forces to advance the BNB Chain ecosystem

THENA secures strategic investment from Binance Labs to drive DeFi innovation. THENA (THE), a decentralized exchange and liquidity mechanism on the BNB Chain, has secured investment from Binance Labs, the venture financing and incubator arm of Binance. Launched in Jan. 2023, THE adopts the innovative ve(3,3) tokenomics model, which is a blend of decentralized governance […]
Oak Grove Ventures invests $5M in DuckChain to advance blockchain innovation

DuckChain’s goal of enabling decentralized apps within the Telegram ecosystem is supported by the $5 million investment from Oak Grove Ventures. Oak Grove Ventures has publicly disclosed a $5 million investment in DuckChain, an innovative blockchain platform that utilizes TON-based EVM solutions. Several well-known companies, including dao5, Tandem by Offchain Labs, Kenetic Capital, DWF Ventures, […]
SOL, AVAX, SUI and NEAR advance as Bitcoin price trades in the $90K zone
Bitcoin maintaining above $85,000 improves the price prospects for SOL, AVAX, SUI, and NEAR. Source link
Web3’s responsibility is to advance data privacy

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. In the United States, 92 per cent of individuals reported concern over their privacy while using the internet, highlighting how recent massive data breaches and narratives around Big Tech data monetization have […]