Jack Dorsey Backs OCEAN To Launch Decentralized Bitcoin Mining Pools – CryptoHashy

Jack Dorsey Backs OCEAN To Launch Decentralized Bitcoin Mining Pools

[ad_1] Former Twitter (now X) chief and avid Bitcoin supporter Jack Dorsey has recently led a seed funding round for OCEAN, a protocol that’s designed to decentralize bitcoin mining. The seed funding round raised $6.2million to set up the protocol’s initiatives. According to an official press release shared with CryptoDaily, this initiative for the OCEAN … Read more

Wormhole raises $225m after split from Jump Crypto – CryptoHashy

Wormhole raises $225m after split from Jump Crypto

[ad_1] The cross-chain protocol raised funds at a $2.5 billion market valuation, finalizing its separation from Jump Trading which is downsizing crypto operations due to scrutiny. Wormhole, a cross-chain bridge platform, raised $225 million at a $2.5 billion valuation from investors Coinbase Ventures, Multicoin Capital and Jump Trading which initially incubated the defi protocol under … Read more

Borrowing USDC Is Very Expensive On Aave And Compound, What’s Going On? – CryptoHashy

USDC borrowing Aave Compound

[ad_1] Borrowing rates for USDC, one of the most liquid dollar-pegged stablecoin, remain high on Aave and Compound v2, two of the world’s top decentralized protocols. According to Kaiko, a blockchain analytics platform, rates have ranged from 4% to 15% on Aave and around 13% on Compound. It should be noted that this surge is when the … Read more

New Binance CEO reluctant towards senior leadership changes – CryptoHashy

Binance listing triggers 75% price surge for Blur token

[ad_1] Binance’s new CEO, Richard Teng, emphasizes the leadership team’s continuity following the DOJ settlement, ensuring operational stability amid legal challenges. Despite the earlier resignation of Changpeng Zhao as chair of Binance.US, the newly appointed Binance CEO, Richard Teng, is reluctant to change the exchange’s executive leadership team. This statement comes amid Bloomberg’s inquiries about … Read more

Vechain (VET) and Monero (XMR) Are Bullish: ScapesMania Presale Sells-Out Fast – CryptoHashy

Vechain (VET) and Monero (XMR) Are Bullish: ScapesMania Presale Sells-Out Fast

[ad_1] Table of Contents A surge of optimism has swept through the cryptocurrency market as Bitcoin (BTC) decisively breached the significant threshold of $38,000. Surpassing this level is seen as a crucial milestone which confirms strong bullishness of the leading coin. Amid that, the total market capitalization has approached the $1.40 trillion level, with the … Read more