Crypto News

Polyhedra Network Closes $20M Round at $1B Valuation

Polyhedra Network Closes $20M Round at $1B ValuationSource link

Hong Kong HKMA Advances CBDC Development with Phase 2 of e-HKD Pilot

The HKMA has initiated Phase 2 of the e-HKD pilot program, focusing on the tokenization and programmability of digital currency. (Read More)Source link

Ethereum L2s Base and Optimism ‘Finally Getting Scalability’ After Dencun Upgrade

Ethereum Layer-2 networks Base and Optimism have been marveling at the impact of Dencun, including less-than-a-penny transaction fees.Source link

Thai Rule Change Allows Asset Management Funds to Invest in Bitcoin ETFs

Thailand-based asset management funds can now launch private funds for investing in U.S. spot bitcoin exchange-traded funds (ETFs), according to the country’s securities regulator. The approval of bitcoin ETFs by U.S. regulators has opened opportunities for Thai asset management firms to gain exposure to the premier crypto asset. Only Institutional Investors and Ultra-High-Net-Worth Individuals AreSource link

Meme Coins Strongly Correlated to Network Growth: Franklin Templeton

Meme coin markets have boomed in tandem with the growth of addresses on their underlying blockchains.Source link