Crypto News

Raydium's team lead believes the majority of asset issuance will occur on Solana. "We want Raydium to play a central role in that," he said.Source link

Canaan Inc. reported $269.3 million in revenue for 2024, with bitcoin mining revenue surging 312% year-over-year to $44 million. The company also expanded its North American mining footprint, securing new agreements in Pennsylvania and Texas to add 4.7 EH/s of computing power. Canaan Reports $269M in Revenue Canaan Inc., a crypto mining hardware manufacturer, hasSource link

Could the crypto revolution’s legacy extend beyond democratizing money? Today, it’s paving the way to reinvent private credit. Envision a future where lending to mid-sized businesses or financing infrastructure projects mirrors the efficiency and openness of a decentralized exchange. That’s the aim of tokenization, a blockchain-powered innovation breaking down decades-old barriers in a $1.7 trillion (and growing) private credit market.Private credit 101: the invisible engine of global financePrivate credit is an integral element of non-bank lending in which institutional players like hedge funds, private equity firms and specialized lenders provide loans directly to businesses. These aren’t your typical bank loans — think bespoke financing for startups, real estate developments or corporate expansions, often offering higher yields than public bonds, averaging...

This content is provided by a sponsor. The meme coin market is chaotic, fun, and wildly unpredictable. But with just five days left in its ICO phase, Meme Index (MEMEX) aims to bring some structure to the madness. Could this be the simplest way to invest in meme coins without gambling on which one goesSource link

The final dress rehearsal for Ethereum’s upcoming Pectra upgrade occurred Wednesday, as the blockchain's biggest changes in over a year were tested an additional time following a series of mishaps.The upgrade on the new Hoodi testnet was closely watched given that two previous tests, on the Holesky and Sepolia test networks, failed to finalize properly.Following those tests, developers created a new testnet, Hoodi, to give ecosystem players, particularly staking providers, one more testing opportunity before the Pectra upgrade hits Ethereum’s mainnet.The test involved passing Hoodi a series of code changes meant to make Ethereum more user-friendly for both end-users as well as developers. One of those changes adds smart contract functionality to wallets, allowing wallet software developers to build new...