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The lure of generating yield on large stablecoin reserves could encourage a switch to the newer assets, says Ondo’s COO.

Superstate has introduced its first product — an Ethereum-based short-duration U.S. government securities fund called USTB.

Superstate’s USTB token aims to offer institutional investors an alternative to stablecoins to earn a yield on their on-chain cash holdings, Superstate founder and CEO Robert Leshner said.

The Ethereum-focused developer firm attributes the layoffs to working more effectively, rather than financial reasons.

Company rolls out no-fee promotion in an attempt to attract high-volume crypto traders that utilize services offered by rival platforms.

Crypto trading startup Velar raised $3.5 million to build a suite of DeFi tools for Bitcoin’s nascent DeFi scene

The Aevo token contract was deployed, with plans to reward traders and early adopters.

A new study by the on-chain sleuth found possible pump and dump patterns for 54% of tokens listed in 2023.

The new company, Ionic Digital, expects to hit mining capacity of 12.7 exahash per second (EH/s).

Saltwater closed its seed round on the heels of acquiring gaming developers Maze Theory, Nexus Labs and Quantum Interactive.