Cryptocurrency Latest News & Updates
Crypto VC funding: Kaiko leads $180M week
Crypto and blockchain companies announced at least $180.25 million in disclosed financing across nine deals from Sep. 12 to Sep. 18. Crypto market data provider Kaiko led the week with a $110 million round backed by several major financial institutions. Summary Nine crypto companies announced funding during the week, with disclosed capital totaling $180.25 million. Kaiko secured $110 million in the week’s largest transaction, led by S&P Global....
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Solana moves closer to 200ms slots after latest speed upgrade
Solana has cut its target slot time from 300 milliseconds to 250 milliseconds, increasing the rate at which the network produces slots by nearly 17% without raising its overall processing ceiling by the same amount. Summary Solana has reduced its target slot time from 300ms to 250ms, bringing the network to four targeted slots per second. The faster clock cuts each validator’s four slot leader window from 1.2 seconds to one second. Overall proc...
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Hyundai Card eyes larger Avalanche stablecoin rollout
Hyundai Card has moved its Avalanche-based stablecoin payment experiment toward a new scale-testing phase after completing a live $20,000 corporate transfer between Hyundai Motor entities in the U.S. and Mexico. Summary Hyundai Card says its Avalanche pilot settled a $20,000 intercompany transfer in roughly seven minutes. Hyundai Motor America converted dollars into USDT before sending funds to Hyundai Motor Mexico directly. Hyundai Card plans to...
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