Hermetica, the creator of USDH, a Bitcoin-backed, yield-bearing synthetic dollar, has secured $ 1.7 million in seed funding. The round, led by UTXO Management, will accelerate the development of USDH, a stablecoin that operates on Bitcoin’s layer one (L1) and layer two (L2) networks. USDH Gains Momentum as Hermetica Raises $ 1.7 Million …
Mega Dice, the popular Solana-based casino, has just hit a huge milestone. The presale for its native Mega Dice Token (DICE) has now passed $ 1.7 million – with many early backers believing it could be the next big thing in GambleFi. Mega Dice Casino Passes $ 1.7M in Presale for DICE Mega …
On May 13, the Commodity Futures Trading Commission announced it had fined crypto brokerage firm Falcon Labs Ltd. approximately $ 1.7 million. The fines are penalties for the firm’s illegal facilitation of U.S. residents’ access to digital asset derivative exchanges. The commission has urged digital asset intermediaries in similar situations to report their activities …
On August 16, 2023, the Shiba Inu meme coin enthusiasts celebrated the unveiling of the second-layer (L2) blockchain, Shibarium. This platform is designed to bolster decentralized app growth while tackling Ethereum’s scalability and transaction fee challenges. Yet, even amidst the celebrations, SHIB, the project’s native cryptocurrency, slid over 8% against the U.S. dollar, mirroring the […]