‍Galaxy Digital Reports $505M Q3 Profit, Signaling Strong Institutional Crypto Demand Galaxy Digital announced a substantial $505 million profit for the third quarter, with shares rising significantly. This performance highlights growing institutional interest in digital assets. The firm reported $28.4 million in Q3 revenue, a 231% year-over-year increase, driven by a 140% quarter-over-quarter surge in trading volumes. Assets on Galaxy's platform reached a record $17 billion, up 70% QoQ, with $9 billion in AUM and $7 billion in "assets under stake." Galaxy also launched GalaxyOne, targeting accredited investors with integrated stock and crypto trading, and is expanding into data center infrastructure.
Cryptovka
Galaxy Digital Soars: $505M Q3 Profit Signals Robust Institutional Crypto Growth
Galaxy Digital, a prominent institutional cryptocurrency firm, has reported an impressive third quarter, with shares jumping significantly followin...
‍Flare Network Emerges as Premier DeFi Hub for XRP Holders Flare Network is rapidly establishing itself as a leading DeFi platform for XRP holders. Following the launch of FAssets and FXRP (a trustless XRP representation on Flare), the network's Total Value Locked (TVL) has surged by 37.9% since September 24th, driven by increased FXRP activity. $86.2 million worth of XRP has been bridged, positioning Flare as the largest EVM DeFi ecosystem for XRP. This development initiates "XRPFi," allowing XRP holders to engage in DeFi, earn yield, and lend using their XRP assets. Flare's integration with Xaman wallet and upcoming chain-abstracted experiences aim to simplify DeFi access. Native oracles (FTSO, FDC) and institutional interest further bolster the ecosystem.
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XRP Unleashed: Flare Becomes the Premier DeFi Hub
Flare Network is rapidly emerging as a dominant force in decentralized finance, particularly for XRP holders....
‍Bombastic Casino Launches Major Platform Update Bombastic Casino has introduced a significant update, featuring a redesigned user interface and expanded functionalities to enhance player experience and community engagement. The platform now supports a wider range of cryptocurrencies, including BTC, ETH, DOGE, SOL, and ADA, ensuring fast, transparent, and blockchain-verified transactions. Players can access thousands of games from over 65 providers, with new social tools and daily rewards aimed at fostering a vibrant community. Licensed by the Curaçao Gaming Control Board, Bombastic Casino prioritizes fairness and security.
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Bombastic Casino Levels Up: A New Era for Crypto Gaming with Enhanced Features
Bombastic Casino, a prominent player in the blockchain gaming space, has unveiled a significant update to its platform....
‍Nika Finance Launches Unified App for Simplified Crypto Investing Nika Finance introduces a new unified platform designed to simplify crypto investing by integrating trading, portfolio management, and yield generation into a single application. The platform aims to address the fragmentation and complexity of the current market. Key features include spot and perpetual trading, advanced portfolio management, yield-generating strategies, and cross-chain asset management, all within an intuitive user interface. The platform has seen significant early interest, attracting over 75,000 users to its waitlist in the first week. Nika Finance emphasizes security and transparency, developed by a team with expertise in traditional finance and Web3.
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Nika Finance Unveils Unified App: The Future of Simplified Crypto Investing
Nika Finance is set to revolutionize the way investors manage their digital assets with the upcoming launch of its unified platform....
‍TBook Secures $5 Million for Digital Workforce Payments Innovation TBook, a StableFi layer for the digital workforce, has successfully raised $5 million in a funding round led by the Sui Foundation, with participation from HT Capital, KuCoin Ventures, and others. The capital will accelerate TBook's rollout of instant stablecoin payouts, Real-World Asset (RWA) distribution vaults, and identity-linked settlement rails. The platform aims to bring programmable finance to creators, freelancers, and AI agents globally, revolutionizing remittances and unlocking new passive income avenues for digital workers through RWA-generated yield. TBook has established the largest asset distribution network on TON and Sui, with over 4 million users and 9.8 million claimed assets.
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TBook Secures $5M to Revolutionize Digital Workforce Payments with Stablecoins and RWAs
TBook, a pioneering StableFi layer designed for the digital workforce, has successfully closed a strategic investment round, bringing its total cap...
‍Malta Faces $33 Million Crypto Dilemma Over Binance Donation Malta's political sphere is divided over a rejected cryptocurrency donation from Binance Charity. Initially valued at $200,000 in 2018, the 30,644 BNB donation is now worth approximately $33 million. The Malta Community Chest Fund (MCCF) declined the funds due to reputational concerns surrounding Binance and a dispute over patient data privacy. Binance's condition for the donation was direct fund transfer to patients, requiring sensitive information, which the MCCF refused to provide. While Finance Minister Clyde Caruana supported the rejection, Prime Minister Robert Abela urged the MCCF to reconsider, citing the substantial loss of funds. The situation highlights the complexities of integrating crypto donations into traditional charitable frameworks.
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Malta
Malta’s political landscape is currently embroiled in a contentious debate surrounding a rejected cryptocurrency donation from Binance Charity....
‍Остерегайтесь цифровых двойников: как защититься от мошенничества с выдачей себя за крипто-персону Пространство криптовалют стало плодородной почвой для мошенников. Используя доверие к брендам и известным личностям, злоумышленники стремятся опустошить кошельки или украсть данные. Даже официальные аккаунты, как аккаунт SEC в X, подвергались атакам. Признаки мошенничества: • Подозрительные никнеймы. • Несоответствующая история профиля. • Быстрое предложение перейти в личные сообщения. • Просьбы о "плате за освещение" или платежах в криптовалюте. Всегда проверяйте контакты через официальные каналы.
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Beware the Digital Doppelgängers: Protecting Yourself from Crypto Impersonation Scams
The cryptocurrency space, while innovative, has become a fertile ground for sophisticated social engineering attacks....
‍Moca Network Launches AIR Shop: A New Era of Verifiable Web3 Loyalty Moca Network, an Animoca Brands project, has launched AIR Shop, a verifiable loyalty platform developed with Spree Finance and SK Planet. Leveraging Moca Network’s decentralized digital identity infrastructure and zero-knowledge proof technology, AIR Shop offers verifiable and interoperable loyalty programs with user data sovereignty. The platform provides global rewards, including flights, hotels, and luxury experiences, with potential rewards up to 31% of spend, redeemable transparently on-chain. SK Planet, operator of OK Cashbag, integrates AIR Identity, empowering its 29 million users and 95,000 merchants with verifiable identity services. Membership tiers are based on OK Cashbag points, MOCA Coin holdings, or Mocaverse NFT staking, unlocking higher reward percentages in AIR SP, a stablecoin-backed loyalty point system. Moca Network aims to create the world’s largest chain-agnostic decentralized identity network, with MOCA Coin as its utility and governance token.
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Moca Network Launches AIR Shop: Ushering in a New Era of Verifiable Web3 Loyalty
Moca Network, a flagship project by Animoca Brands, has officially launched AIR Shop, a groundbreaking verifiable loyalty platform set to redefine ...
‍GameFi's Reset: From P2E Demise to True Innovation The decline of Play-to-Earn (P2E) gaming, often characterized by "extraction mechanics" and prioritizing payouts over gameplay, signals a crucial evolution for the GameFi ecosystem. The market's harsh response and increased regulatory scrutiny are forcing developers to focus on creating genuinely fun and engaging games. The future of GameFi lies in a shift from "extraction to expression," emphasizing player enjoyment, sustainable economies, and blockchain technology as an enhancement to ownership and transparency, not the primary reward driver.
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GameFi
Play-to-Earn (P2E) gaming once promised a revolutionary blend of entertainment and financial opportunity within the cryptocurrency space....
‍Etherlink Developers Gain Access to $200K Google Cloud Credits Etherlink has announced its builders are now eligible for the Google Cloud Web3 Startup Program's Scale Tier. This initiative provides developers with up to $200,000 in Google Cloud credits, along with dedicated Web3 engineering resources and go-to-market support. This collaboration aims to foster innovation on the EVM-compatible Layer 2 blockchain, leveraging Google Cloud's infrastructure. Developers also gain access to exclusive community channels and VIP invitations to major Web3 conferences. Rich Widmann of Google Cloud stated, "Remove the friction, and innovation follows." Yann Régis-Gianas of Nomadic Labs noted the significant advantage, allowing builders to "experiment and build without worrying about infrastructure costs." The program also offers introductions to Google Cloud's investor network.
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Powering Innovation: Etherlink Builders Unlock $200K Google Cloud Credits and Elite Support
In a significant boost for its growing developer community, Etherlink has announced that all builders within its ecosystem are now eligible for the...