GSR Invests in Maverix for Digital Asset Products

GSR, a prominent crypto trading and liquidity provider, has invested in Maverix Securities, a Swiss structured products innovator, to jointly develop regulated digital asset solutions for institutional investors. The partnership will focus on yield-enhancing structured products, crypto index strategies, and exchange-traded products (ETPs), leveraging GSR’s market-making expertise and Maverix’s regulatory track record on the SIX Swiss Exchange. Alain Kunz of GSR will join Maverix’s board to accelerate product launches, with the first offerings expected in late 2025. The collaboration reflects institutional appetite for crypto exposure combined with traditional financial engineering and compliance safeguards. Both firms emphasize selective, high-quality partnerships to drive long-term innovation in digital assets.

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MapleStory N Launches with NXPC Token on Major Exchanges

NEXPACE, backed by Nexon, has officially launched MapleStory N, a blockchain-based MMORPG, and its NXPC token on exchanges like Binance, Bitget, and KuCoin. The game blends classic MapleStory gameplay with blockchain features such as NFTs, on-chain item mechanics, and open marketplaces, enabling players to earn real-world value. The NXPC token facilitates a self-balancing economy through its Fusion-Fission model, allowing players to convert tokens into NFTs and vice versa. The launch follows a successful OpenSea campaign with over 1 million mints, driving record activity on the Avalanche Network. This initiative aims to address traditional gaming issues like inflation and centralized control by empowering players with true asset ownership.

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TRON DAO Adopts Chainlink Data Feeds for DeFi Security

TRON DAO has adopted Chainlink Data Feeds as its official oracle solution, reinforcing the security and scalability of its DeFi infrastructure. This integration, following TRON DAO’s entry into the Chainlink Scale program in 2024, ensures that over $5.5 billion in DeFi TVL is secured by Chainlink’s verifiable data. The upgrade empowers developers to build more resilient applications while discontinuing reliance on WINkLink. TRON’s ecosystem, including major protocols like JustLend and USDD, will benefit from this enhanced infrastructure, furthering its mission of decentralization and transparency.

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Pareto Launches DeFi-Backed Synthetic Dollar for Private Credit

Private credit marketplace Pareto has introduced a synthetic dollar, USP, to connect institutional investors with decentralized finance (DeFi) opportunities. The USP is fully collateralized by stablecoins like USDC and USDT, ensuring a 1:1 backing ratio. This move underscores the growing role of stablecoins in global finance and Pareto’s vision to reimagine private credit with DeFi’s transparency and efficiency. The launch highlights the increasing convergence of traditional finance (TradFi) and DeFi, offering institutional players a secure entry into decentralized markets.

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Pi Network Launches $100M Fund for Blockchain Startups

Pi Network has announced the launch of Pi Network Ventures, a $100 million fund aimed at investing in startups and businesses that enhance its blockchain ecosystem. The fund, backed by both Pi (PI) tokens and US dollars, will focus on high-quality projects driving innovation and adoption. According to the May 14 announcement, the initiative seeks to expand Pi Network’s utility and foster ecosystem growth. This strategic investment underscores Pi Network’s commitment to becoming a key player in the blockchain and DeFi sectors.

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Sportsbet.io Launches $1M USDT Champions League Giveaway

Sportsbet.io has unveiled a major promotional campaign offering users the opportunity to win 1 million USDT in a football-themed quiz coinciding with the climax of the 2024/25 UEFA Champions League. The initiative requires a 1 USDT entry fee and tests participants’ knowledge with twenty questions, with a perfect score making them eligible for the grand prize. Additionally, the platform is running a Cup Finals Leaderboard and a BetBuilder promotion, collectively offering 20,000 USDT in rewards. The campaign aligns with Sportsbet.io’s strategy of engaging football fans through crypto-based activations during high-profile sporting events. The platform, known for its fast withdrawals and innovative features, continues to strengthen its presence in the crypto betting space with partnerships in top-tier football leagues.

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BTCS Invests $57.8M in Ethereum Staking Expansion

BTCS has announced a $57.8 million financing agreement to scale its Ethereum staking and validator node operations, led by investment firm ATW Partners. The publicly traded company plans to purchase Ether (ETH) as part of its blockchain infrastructure expansion, aiming to generate recurring revenue from staking. BTCS CEO Charles Allen likened the strategy to MicroStrategy’s Bitcoin accumulation approach, positioning Ethereum as a long-term growth driver. The deal, announced on May 14, underscores the growing institutional interest in blockchain-based passive income opportunities.

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MEXC Passes Hacken Security Audit, Boosts Crypto Trust

MEXC, a leading cryptocurrency exchange, has strengthened its security credentials by passing a full-spectrum audit conducted by cybersecurity firm Hacken. The assessment focused on the exchange’s mobile application, identifying no severe vulnerabilities and praising its robust security architecture. Hacken’s evaluation covered trade execution, data encryption, and fund transfer protocols, confirming MEXC’s adherence to industry best practices. Minor issues discovered were promptly resolved, showcasing MEXC’s proactive risk management. The audit also highlighted the app’s user-friendly design and secure data handling. MEXC’s COO, Tracy Jin, emphasized the importance of independent verification for trust and accountability. The exchange’s transparency efforts include regular Proof of Reserves disclosures, aligning with growing regulatory and user demands for secure, transparent platforms in Web3.

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British Museum & Asprey Studio Merge Art with Bitcoin Blockchain

Asprey Studio and the British Museum are producing 11 sterling silver sculptures based on Albrecht Dürer’s 1515 artwork ‘The Rhinoceros,’ each accompanied by a unique digital inscription on the Bitcoin blockchain. The 40cm sculptures, crafted through a meticulous process of digital sculpting and welding, incorporate a parent/child blockchain inscription to ensure provenance. The project highlights Dürer’s historical significance as an artistic and intellectual property pioneer, drawing parallels to modern digital art and NFTs. The British Museum continues its engagement with Web3, having previously ventured into NFTs and metaverse collaborations. This initiative underscores the fusion of traditional art with cutting-edge blockchain technology for lasting legacy and authenticity.

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Ethereum Foundation Launches Trillion-Dollar Security Plan

The Ethereum Foundation (EF) has unveiled the Trillion-Dollar Security (1TS) initiative, a comprehensive strategy to enhance Ethereum’s security framework as it scales to accommodate trillions in assets. The initiative, led by EF’s Protocol Security Lead Fredrik Svantes and leadership team member Josh Stark, will involve a three-stage process: mapping vulnerabilities, executing improvements, and transparently communicating progress. The mapping phase will assess risks across UX, wallet security, smart contracts, infrastructure, and consensus protocols, with input from the Ethereum community. Subsequent upgrades will address identified weaknesses while preserving usability and decentralization. The EF aims to position Ethereum as a secure, institutional-grade blockchain network capable of supporting massive asset storage and smart contract functionality.

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