TL;DR Converge, the upcoming blockchain developed by Ethena and Securitize, is scheduled to launch its mainnet by the end of Q2 2025. It will leverage Arbitrum's scalability technology and Celestia's data availability layer to deliver superior performance with low latency.
Decentralized finance (DeFi) protocol Ethena and tokenization firm Securitize said they will use part of Arbitrum's tech and data availability network Celestia for their real-world asset focused, Ethereum-compatible blockchain, aiming to launch mainnet in the second quarter of this year.
Blockchain gaming network Immutable is charging ahead after the US SEC (Securities and Exchange Commission) closed its investigation into the platform's native token, IMX, in late March.
Binance, the world's largest cryptocurrency exchange, has recently wrapped up the second round of its “Vote to Delist” campaign, stirring concerns across the crypto market. This campaign allows users to vote on whether certain altcoins should stay listed on the platform.
Noble plans to expand its capabilities by launching Applayer. AppLayer is an Ethereum-compatible rollup that will help developers to create RWA applications.
Noble, a blockchain for issuing real-world assets (RWA) and stablecoins, announced Wednesday that it will expand its platform by introducing “AppLayer,” an Ethereum-compatible rollup that allows developers to create their own RWA applications and infrastructure.
The recent collapse of the Mantra (OM) token triggered comparisons to the infamous Terra ecosystem crash in May 2022, with some commentators referring to Mantra as the “next Terra.” Still, many in the community argue that the two projects share nothing in common besides visual similarities in price charts.
Celestia launches MAMO-1 testnet with 128MB blocks and 21.33MB/s throughput Celestia aims for 1GB blocks, but TIA token struggles amid tech progress
Modular blockchain Celestia has launched a new testnet, mamo-1, designed to push the network's scalability to new extremes ahead of future mainnet upgrades. According to an Apr.
Yesterday, MANTRA (OM) suffered a staggering 90% crash, and it's still spiraling down today. Most notably, OM charts and indicators seem as bad as the 2022 Terra LUNA collapse, if not worse.
The crypto market has registered a marginal increase as most cryptocurrencies, including Bitcoin (BTC), remained steady over the weekend. The crypto market cap currently sits at $2.69 trillion.
Since the sentencing of former FTX CEO Sam Bankman-Fried (SBF), the assets linked to his portfolio have shown mixed performance, with Bitcoin (BTC) emerging as the only one to post positive returns.
If you lost crypto due to the Terra collapse, there's still time to act. Terraform Labs has extended the deadline for victims to file their claims for crypto losses through its official portal.
U.S. prosecutors confirmed that a recent Department of Justice (DOJ) memo narrowing crypto-related enforcement will not impact the criminal case against Do Kwon, co-founder and former CEO of Terraform Labs. During a Thursday hearing in the Southern District of New York, Judge Paul Engelmayer asked if Deputy Attorney General Todd Blanches internal memo would affect charges against Kwon.
Prosecutors said they have no plans to alter the charges against Do Kwon despite a policy shift memo from deputy attorney general.
Prosecutors told a New York judge on Thursday that they don't plan to change the charges against Kwon in light of the memo.
The cryptocurrency market rallied sharply on Thursday after President Donald Trump paused tariffs imposed on almost all nations for 90 days, giving the stock and crypto markets a much-needed breather from constant volatility. The crypto market registered substantial gains, with some tokens rallying nearly 50%.
Binance has launched the second round of its Vote to Delist campaign, inviting users to vote on whether 17 tokens with the “Monitoring” tag should be removed from the platform.
Known for its long-term volatility and for missing out on the 2024 bull market since early March, Terra Classic (LUNC) is once again drawing attention as the next U.S. court hearing involving Terraform Labs co-founder Do Kwon approaches on April 10.
With just one day left, April 10 is shaping up to be a crucial date for Terra Classic (LUNC) and TerraClassicUSD (USTC) investors. This is when Terra co-founder Do Kwon will appear for a conference hearing that could influence the ongoing legal proceedings tied to the 2022 Terra crash.
1.03 trillion staked in vaults hint at long-term LUNC holders feeling price appreciation on the horizon.
TL;DR Immutable will merge its two main blockchain solutions, Immutable X and zkEVM, into a single unified chain, simply named “Immutable.” This integration will consolidate hundreds of millions of dollars in assets and optimize the Web3 gaming ecosystem, all without requiring any action from users.
Bitcoin (BTC) and the crypto markets plunged on Monday morning (Asia). The week started with a bloodbath as Donald Trump's tariffs decimated the global stock markets.
Celestia (TIA) has recently experienced a significant drawdown, losing nearly 30% of its value in the past two weeks. This decline has been attributed to the broader bearish market conditions, which caused panic among investors.
Immutable's (IMX) price has been on a significant downtrend recently, falling to multi-year lows. The token has suffered a sharp decline, and its price is currently hovering around $0.433.
The crypto market took a dramatic tumble after President Donald Trump's Liberation Day speech on Wednesday. Markets panicked after President Trump imposed sweeping tariffs on global trading partners.
TL;DR VanEck launched an ETN linked to Celestia, allowing investment in the TIA token without directly managing digital assets. TIA uses a modular model that separates consensus and data, making it easier to create customized blockchains. The product, domiciled in Liechtenstein, has a NAV of $8.28 and manages $27.75 million in assets with a 1.
Terra Luna Classic token consolidated at a crucial support level as the weekly burn rate soared and a key community vote began. Terra Luna Classic (LUNC) was trading at $0.
VanEck is a global investment management firm focused on specialized and often underrepresented asset classes.
Asset management firm VanEck has expanded its cryptocurrency offerings by launching an investment product based on Celestia. Celestia is a modular blockchain designed to scale decentralized applications.
On-chain records showcase a massive burn of Terra system's native tokens, sparking rebound hopes for LUNC holders.
Galaxy Digital, founded by Michael Novogratz, has agreed to pay $200 million in penalties to resolve allegations that it violated New York laws by promoting the cryptocurrency LUNA without disclosing its financial interests.
Terraform Labs will launch a Crypto Loss Claims Portal on March 31, 2025, enabling investors impacted by the 2022 collapse of terrausd (UST) and associated cryptocurrencies to seek compensation.
Managed by administrators at New York-based Kroll, the portal will open on Monday, March 31 and close on April 30.
FTX will repay major creditors on May 30 using $11.4B in cash. Repayments are based on November 2022 asset values, not current prices.
Terraform Labs, the company behind the collapsed Luna token and TerraUSD stablecoin, is launching an online claims portal on March 31. The portalclaims.terra.moneywill allow eligible investors to file for compensation tied to the companys 2022 downfall and ongoing bankruptcy process.
The crypto investment giant Galaxy Digital has settled with the New York State Attorney General for $200 million after facing allegations that it illegally propped up the ill-fated LUNA token.
Creditors must file claims by April 30, 2025, to seek potential recovery.
Nonoperational blockchain firm Terraform Labs confirmed opening its crypto loss claims portal on 31 March. That comes after the company filed for insolvency in January 2024. It applied for Chapter 11 bankruptcy after its $40 billion empire fell in 2022. As part of its closure, Terraform Labs introduced a crypto loss claims portal.
Trump is shaking things up in crypto again! This time, he's handing out pardons, and the latest beneficiaries are BitMEX co-founders Arthur Hayes, Benjamin Delo, and Samuel Reed. The trio had pleaded guilty to breaking banking laws, but Trump's move wipes their records clean.
The claims process requires proof of ownership, with on-chain verification preferred over manual submissions to avoid delays or rejections.
The New York Attorney General and Galaxy Digital have agreed to a settlement over the firm's handling of LUNA before its 2022 collapse.
Terraform Labs — the company behind LUNA (LUNA) and algorithmic stablecoin TerraUSD (UST) — will launch its crypto loss claims portal on March 31. The portal is aimed at reimbursing individuals who lost at least $100 due to the collapse of the Terra ecosystem in 2022.The move follows a Delaware court's approval for Terraform Labs to wind down operations.
Terraform Labs will open its claims portal for crypto creditors on March 31, 2025, allowing individuals impacted by its bankruptcy to submit claims. The portal will help those who suffered losses due to the collapse of TerraUSD and other cryptocurrencies related to Terraform Labs' operations.
The New York Attorney General (AG) office has commenced an investigation on Galaxy Digital with a settlement of $200 million over its involvement in the LUNA cryptocurrency. The crypto crashed alongside Terra Blockchain powered by Terraform Labs and led to the erasure of over $40 billion in investor funds.
Terraform Labs' Crypto Loss Claims Portal opens on March 31, 2025, and closes on April 30, 2025. Creditors must submit proof of ownership; manual evidence may slow review or risk rejection.
Sunsetting its operations after getting slapped with a $4.47B fine, TerraForm is getting ready to reimburse investors.