XYO Network tops 10M DePIN nodes — Co-founder

XYO Network tops 10M DePIN nodes — Co-founder

Non-crypto native users comprise about 80% of participants in the decentralized physical infrastructure network. XYO Network has onboarded more than 10 million nodes to its decentralized physical infrastructure network (DePIN), co-founder Markus Levin told Cointelegraph in an interview. The nodes mostly comprise human users who provide data in exchange for rewards via the network’s mobile…

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DeFi Development seeks B to boost Solana investments, expand treasury

DeFi Development seeks $1B to boost Solana investments, expand treasury

DeFi Development Corp is seeking to raise more capital for its Solana treasury and operational expenses. DeFi Development Corp (formerly Janover) aims to raise over $1 billion worth of capital to invest in Solana, the industry’s sixth-largest cryptocurrency by market capitalization. The Nasdaq-listed firm, previously a real estate financing platform connecting commercial property lenders and…

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ARK adds staked Solana to two tech ETFs

ARK adds staked Solana to two tech ETFs

The ETFs will access Solana staking through Canada’s newly approved staking feature for crypto funds. ARK Invest has added exposure to staked Solana (SOL) to the portfolios of two of its exchange-traded funds (ETFs), the asset manager said in a client email reviewed by Cointelegraph.  As of April 21, the two ARK funds — ARK…

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Now is not the time for a restaking revival

Now is not the time for a restaking revival

Restaking promised to supercharge Ethereum’s ecosystem, but mounting risks and UX woes threaten to fracture the network further. bApps are the answer and can unify the fragmented ecosystem. Opinion by: Alon Muroch, founder of SSV Labs Even though Ethereum remains a leader in terms of total value locked (TVL), things aren’t looking great. Network activity…

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Canary Capital files for staked TRX ETF

Canary Capital files for staked TRX ETF

The ETF plans to hold and stake TRX, the native token of the Tron blockchain, which currently offers an annual yield of about 4.5%, according to StakingRewards.com. United States asset manager Canary Capital has filed to list an exchange-traded fund (ETF) holding the Tron blockchain network’s native token, TRX (TRX), regulatory filings show.  The fund…

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