crypto ecosystem

Crypto derivatives and copy trading exchange Bitget unveiled on Wednesday its ambitious Bitget EmpowerX Fund, which has a capital base of $100 million and aims to propel the platform's ecosystem development. The primary focus will be on investing in regional exchanges, data analytics...

In a move to protect the cryptocurrency community from potential market turbulence, Justin Sun, the founder of Tron (CRYPTO: TRON), said Monday he is considering a tender offer for (CRYPTO: TRX) tokens currently held by FTX (CRYPTO: FTT). This move aims to neutralize the potential adverse...

Mantle Network, an Ethereum (CRYPTO: ETH) layer-2 network, is voting to form a $200 million ecosystem fund. The so-called Mantle EcoFund will focus on developer and decentralized applications (dApps) adoption. It will consist of $100 million USDC from the Mantle Treasury and an expected matching...

Hong Kong government should consider launching its own stablecoin, the HKDG, backed by its foreign exchange reserves. That's according to a proposal put forward by web3 expert and Hong Kong University Vice Chancellor Wang Yang; angel investor Cai Wensheng; BlockCity founder Lei Zhibin; and Ph.D...

In a major move, Tether Operations Limited, the company behind the stablecoin Tether (CRYPTO: USDT), has announced the launch of its US dollar-pegged tokens on the Kava (CRYPTO: KAVA) blockchain. Kava is known for its scalability and speed, making this a significant addition for Tether....

The Odsy Foundation has raised $7.5 million in seed funding, valuing the Odsy Network blockchain ecosystem at $250 million. Blockchange Ventures led the round, with participation from Rubik Ventures, No Limit Holdings, Node Capital, Insignius Capital, FalconX, SolrDAO, TPC, and other investment...

Telegram users can now send each other Tether (CRYPTO: USDT), the world's largest stablecoin by market cap, within chats in the messaging app. What Happened: This service has been added to @wallet bot on Telegram, which expanded the app's capacity for buying and selling crypto, according to...