ParaFi Capital, a prominent venture capital firm, has made a groundbreaking move by tokenizing a portion of its $1 billion venture fund on the Avalanche blockchain in collaboration with the real-world asset tokenization platform Securitize. This innovative step signifies a significant advancement in the intersection of traditional finance and decentralized finance (DeFi). Parafi is a… Continue reading ParaFi Capital Pioneers Tokenization on Avalanche: $1 Billion Venture Fund Goes Digital
Category: News
Never miss a beat with our daily news of the most influential events happening across the crypto market.
Treasure DAO Eyes ZKsync Migration: Enhanced Scalability and Efficiency
Treasure DAO, a prominent decentralized autonomous organization (DAO) in the Web3 space, has proposed migrating its platform from Arbitrum to ZKsync. This strategic move aims to leverage the benefits of ZKsync’s zk-rollup technology to enhance scalability, reduce costs, and improve the overall user experience. Why ZKsync? ZKsync is a layer-2 scaling solution that utilizes zero-knowledge… Continue reading Treasure DAO Eyes ZKsync Migration: Enhanced Scalability and Efficiency
Ethereum Stablecoin Volume Hits Record High as DeFi Demand Increases
The Ethereum ecosystem continues to thrive, with stablecoin volume reaching a new all-time high of $1.46 trillion. This surge is primarily driven by the growing demand for decentralized finance (DeFi) applications built on the Ethereum blockchain. DeFi’s Increasing Popularity DeFi protocols offer a wide range of financial services, including lending, borrowing, and trading. These applications… Continue reading Ethereum Stablecoin Volume Hits Record High as DeFi Demand Increases
TONCOIN Rebounds Amidst The Slow Market
Following the recent release of Telegram CEO Pavel Duro, the TONCOIN token has begun to show signs of recovery. This positive development has instilled renewed optimism within the TON community, even as the broader cryptocurrency market faces challenges. Read more: TON Blockchain Stands in Solidarity Amid Telegram CEO Detention Durov’s Release: A Motivation for TON’s… Continue reading TONCOIN Rebounds Amidst The Slow Market
DRiP: Solana Creator Platform Raises $8 Million in Seed Round
DRiP, a decentralized creator platform built on the Solana blockchain, has successfully secured $8 million in a seed funding round led by Multicoin Capital. The investment will be used to develop DRiP’s platform further and expand its ecosystem. Trade SOL easily on Tokenize Platform HERE DRiP aims to revolutionize the creator economy by providing a… Continue reading DRiP: Solana Creator Platform Raises $8 Million in Seed Round
MATIC Token to POL: A Strategic Move for the Future
Polygon, a popular layer-2 scaling solution for Ethereum, has announced that it will be transitioning its native token, MATIC, to a new ticker symbol: POL, after a year of extensive community discussions. This rebranding is a strategic move aimed at better aligning the token with Polygon’s growing ecosystem. The decision to rebrand MATIC to POL… Continue reading MATIC Token to POL: A Strategic Move for the Future
Starknet Introduces Parallel Execution: A Leap Forward in Scalability
Starknet, a layer-2 scaling solution for Ethereum, has unveiled a significant upgrade that introduces parallel execution for transactions. This new feature is designed to significantly improve the network’s throughput and efficiency, paving the way for a more scalable and user-friendly experience. Understanding Parallel Execution Traditional blockchains process transactions sequentially, limiting the number of transactions that… Continue reading Starknet Introduces Parallel Execution: A Leap Forward in Scalability
Bitcoin Breaks Below $59,000, Crypto Market Faces Pressure
The cryptocurrency market has experienced a downturn, with Bitcoin (BTC) again dipping below the $59,000 mark today, amid a broader crypto market plunge. In the past 24 hours, BTC has been down by 6,61% to $58,809, according to the Tokenize Xchange Market Price Page. Ether saw a bigger drop of around 9.11% to trade at… Continue reading Bitcoin Breaks Below $59,000, Crypto Market Faces Pressure
Stablecoin Market Cap Surges to New All-Time High
The stablecoin market has reached a significant milestone, surpassing its all-time high in early 2022. This surge indicates a growing confidence in the stability and utility of these digital assets, cementing their position as essential components of the cryptocurrency ecosystem. Market Cap Surges to New Heights In the past week, the total market capitalization of… Continue reading Stablecoin Market Cap Surges to New All-Time High
TON Blockchain Stands in Solidarity Amid Telegram CEO Detention
The TON blockchain has reaffirmed its support for Telegram’s CEO Pavel Durov, who was recently detained in France. This public show of solidarity comes as the price of TON’s native token, TONCOIN, experienced a significant 12% decline on 25th Aug 2024. The detention of Durov, a prominent figure in the cryptocurrency and messaging app industries,… Continue reading TON Blockchain Stands in Solidarity Amid Telegram CEO Detention