Verb Technology confirms $713M TON stake after $558M private placement
Its treasury has surpassed $780M, comprising $713M in Toncoin and cash worth $67M. The milestone comes after a $558M private placement completed early this month. Verb aims to accumulate 5%…
Zelenskyy’s attire divides Polymarket with $79M at stake
Initial ruling of “yes” on 24 June appearance has been formally challenged. Debate centres on lack of tie, trainers, and formality of attire. Background includes past bet confusion and political…
MetaMask users can now stake EOS after EOS Network integration
MetaMask users can now stake EOS coins, create EOS accounts, and interact with EOS DApps directly using the new EOS Wallet Snap. The integration brings lower friction and seamless access…
Proof of Stake (PoS)
What Is Proof of Stake? Proof of Stake (PoS) is a consensus mechanism used to validate new transactions and propose new blocks in blockchain networks. In PoS, validators are selected…
Curve founder Michael Egorov proposes 21m CRV funding for Swiss Stake AG
Michael Egorov’s proposal seeks new funding for Swiss Stake AG, the organisation building Curve. The Curve founder says a 21 million CRV grant will help fund the DeFi protocol’s research…
FTX trial: FTX used billions in customer funds for Binance stake buyback
FTX is accused of using customer deposits to repurchase Binance stake. An accounting professor hired by the US Department of Justice reveals over a billion dollars came from customer funds…
Crypto gambling site Stake sees suspicious withdrawals totalling $16M
The withdrawals were flagged by Security firm Cyvers Alerts. The cryptocurrencies involved in the withdrawals include USDT, ETH, DAI, USDC and STAKE. Alphapo, a supplier of payment services to several…
Coinbase buys a stake in USDC stablecoin issuer Circle
Previously, Coinbase only assumed a minority role as a distributor and promoter of the Circles USDC project. Buying a stake in Circle means Coinbase is taking a more hands-on approach…
Cathie Wood boosts stake in Coinbase stock despite SEC lawsuit
The U.S. SEC sued Coinbase Global for violating securities laws this week. Wood bought $21 million worth of Coinbase stock on consequent sell-off. Coinbase stock is currently up nearly 60%…
Crypto casino Stake partners with Alfa Romeo F1 Team
The partnership sees Stake become a co-title sponsor for the 2023 F1 season and beyond. The Alfa Romeo F1 Team will take on a new identity as Alfa Romeo F1…