Project Updates

Tracks blockchain projects from inception to their latest updates and major milestones. By covering project financing, partnerships, and product upgrades, it helps investors stay informed about the latest industry trends and developments.

Pharos Network Completes $44 Million Series A Funding, Total Funding Reaches $52 Million, Accelerating the Scalable Development of the On-Chain Economy

Pharos Network, a Layer 1 blockchain designed for institutional financial applications, has raised $44 million in Series A funding, bringing its total funding to $52 million. The round was co-led by undisclosed major institutions, including a top Asian private equity fund, a listed new energy company, and a licensed Hong Kong institution. Other strategic investors include Sumitomo Corporation (via a subsidiary), SNZ, Chainlink, and Flow Traders. The funds will accelerate the development of its on-chain real-world asset (RWA) infrastructure in Asia and globally. Pharos aims to integrate $50 trillion in RWA, traditional finance (TradFi), and cross-chain capital into a modular on-chain economy. The network uses a deeply parallel execution architecture with built-in compliance modules tailored for real-time, asset-backed financial applications. The company recently partnered with energy giant GCL to launch an RWA pilot project backed by energy assets. Its Atlantic Ocean testnet is already operational, supporting millions of users and hundreds of millions of addresses, demonstrating its capacity for high-frequency, high-value asset transfers in preparation for mainnet launch. Pharos was co-founded by ex-Ant Group core management, including CEO Wish Wu, and previously raised an $8 million seed round in November 2024.

marsbit04/08 12:21

Pharos Network Completes $44 Million Series A Funding, Total Funding Reaches $52 Million, Accelerating the Scalable Development of the On-Chain Economy

marsbit04/08 12:21

Strategy CEO says, ‘STRC is our iPhone moment’ after $5B revenue in 7 months

Strategy CEO Phong Le has described the company’s Stretch (STRC) preferred stock product as its “iPhone moment,” following $5 billion in cumulative revenue generated within just seven months of its launch. STRC, a monthly variable yield-paying product, currently offers an 11.5% yield and is the firm’s fastest-growing offering, second only to BlackRock’s IBIT in terms of growth speed. Retail investors dominate STRC ownership at 80%, attracted by its relatively low volatility and steady returns, while the more volatile common stock MSTR is primarily held by institutional investors. A significant portion of STRC proceeds is used to purchase Bitcoin, with nearly 70% of a recent 4,800 BTC acquisition funded through the product. Year-to-date, Strategy has acquired 94,000 BTC, more than double the amount of Bitcoin mined during the same period.

ambcrypto04/08 09:34

Strategy CEO says, ‘STRC is our iPhone moment’ after $5B revenue in 7 months

ambcrypto04/08 09:34

BC.GAME Launches BC Engine: Instant $BC, Auto-Staked and Paid Hourly in BCD

BC.GAME has launched BC Engine, a new rewards feature that automatically converts instant $BC earned through gameplay into auto-staked balances, which then generate hourly BCD distributions. This system requires no extra wagering and allows withdrawals at any time, creating a continuous reward model integrated into regular platform activity. The feature is part of a broader rewards update that also includes daily, weekly, and monthly rewards, level-up bonuses, and Welcome Shield protection for new users.

TheNewsCrypto04/08 09:18

BC.GAME Launches BC Engine: Instant $BC, Auto-Staked and Paid Hourly in BCD

TheNewsCrypto04/08 09:18

Is DeFi Development Corp’s Solana bet finally paying off?

DeFi Development Corp. (DFDV) experienced flat growth in a challenging March 2026 but significantly increased its Solana (SOL) holdings to 2.22 million SOL, valued at $185 million. This resulted in a SOL Per Share (SPS) metric of 0.0754. The firm highlighted Solana's substantial growth in 2025, which now represents nearly 3% of the circulating supply held by Digital Assets Treasuries (DATs). DFDV's 2025 annual results showed an impressive 442% revenue growth. Looking forward, the company explored how autonomous AI agents could generate significant structural demand for SOL, with projections ranging from $27 billion to $112.5 billion. Despite a recent price drop for both DFDV stock and SOL, on-chain data showed that user engagement on the Solana network remained high. However, declining social volume and a large holder realizing substantial losses indicated some market weakness. SOL DATs have demonstrated relative strength compared to their Ethereum counterparts.

ambcrypto04/08 05:09

Is DeFi Development Corp’s Solana bet finally paying off?

ambcrypto04/08 05:09

ASTER vs. Hyperliquid: Can USD1’s 34.3% growth shift market leadership?

The market is shifting toward DeFi, with stablecoins acting as a key bridge between traditional and decentralized finance. In this context, Aster’s [ASTER] partnership with WorldLibertyFinancial [WLFI] positions WLFI’s native stablecoin, USD1, as the base layer for ASTER’s perpetual markets and real-world asset (RWA) initiatives. USD1’s market cap grew 34.3% this year, reflecting strong demand for structured, real-world assets. Despite broader market headwinds, the partnership aims to strengthen ASTER’s liquidity and competitiveness. While Hyperliquid [HYPE] dominated Q1 perpetual volume with $620 billion (compared to ASTER’s $318 billion) and saw its token rise 43%, ASTER declined 3.32%. The integration of USD1 could help ASTER narrow the gap with Hyperliquid and expand its presence in both trading and RWA markets.

ambcrypto04/08 03:02

ASTER vs. Hyperliquid: Can USD1’s 34.3% growth shift market leadership?

ambcrypto04/08 03:02

Solana Tries To Turn Fear Into FOMO — Can STRIDE Really Stop The Next $300M Rug?

The Solana Foundation has launched a new security initiative called STRIDE (Solana Trust, Resilience and Infrastructure for DeFi Enterprises) in collaboration with Asymmetric Research. This framework is designed to continuously assess and oversee the security of projects built on Solana through an eight-pillar system, with results made public. Alongside STRIDE, the Solana Incident Response Network (SIRN) was introduced—a coalition of security firms focused on threat intelligence and coordinated responses to hacks. These efforts follow a recent $286 million exploit on the Drift Protocol and represent a shift toward continuous, foundation-funded security monitoring rather than one-time audits. While these measures may help restore trust, new exploits on unaudited protocols could still face severe market reactions.

bitcoinist04/07 21:01

Solana Tries To Turn Fear Into FOMO — Can STRIDE Really Stop The Next $300M Rug?

bitcoinist04/07 21:01

Whale.io Launches the First AI Agent MCP for Crypto Casino

Whale.io has launched the first AI Agent MCP (Model Context Protocol) for the crypto casino industry, accompanied by a two-week competitive campaign. The MCP enables AI agents to autonomously interact with the platform—placing bets, playing games, and managing real cryptocurrency funds. The campaign features a live leaderboard, performance-based rewards, and a $10,000 USDT prize pool. Aimed at developers and the vibe coding community, it allows participants to deploy AI models—compatible with Claude, OpenAI, LangChain, and others—to test strategies in a real-world crypto casino environment without human intervention.

TheNewsCrypto04/07 19:39

Whale.io Launches the First AI Agent MCP for Crypto Casino

TheNewsCrypto04/07 19:39

Why Aave’s $42B risk model faces its first real test after Chaos Labs’ exit

Risk management is central to DeFi protocol performance, especially during volatile periods. Aave, with $42.34B in TVL and $16.55B in loans, relies on continuous risk model adjustments rather than fixed settings. External teams like Chaos Labs have historically updated liquidation thresholds, borrow limits, and collateral rules in response to market conditions. Chaos Labs’ recent exit signals strain in Aave’s risk framework as the protocol scales. Their departure reflects deeper misalignments in risk management strategy and comes despite their critical role in overseeing Aave’s growth from $5.2B to over $26B in TVL. The exit also highlights operational and financial challenges, as the engagement remained unprofitable even with a proposed $5M budget. Aave now faces its first major test in risk continuity. Responsibility shifts to internal teams and other providers like LlamaRisk, but questions remain about response speed and coordination—especially as Aave introduces greater complexity with V4. While systems are currently stable, any delay in adjustments could allow risks to accumulate. Market confidence may now depend less on past performance and more on how effectively Aave manages this transition.

ambcrypto04/07 19:02

Why Aave’s $42B risk model faces its first real test after Chaos Labs’ exit

ambcrypto04/07 19:02

MetaWin Gives Back Over $13 Million to Players Through Ongoing Loyalty Rewards Program

MetaWin, an online casino and gaming platform, has announced it is returning over $13 million to its players through an extensive loyalty rewards program. This initiative, designed to reward community support, includes a series of Cashdrops, weekly prizes, monthly leaderboard races, and exclusive benefits for NFT holders. Key distributions include a $1.1 million initial payout, a $4 million Cashdrop before April 15, and an additional $3 million Cashdrop in July for active players. Weekly and monthly competitions contribute $150,000 and $1 million respectively, while daily NFT holder contests offer $2,000 in prizes. According to Sebastian Zinke, MD at MetaWin, the program reflects the company’s player-first philosophy and commitment to recognizing loyalty in a meaningful and immediate way. MetaWin encourages users to join the platform to qualify for a share of the rewards.

TheNewsCrypto04/07 17:15

MetaWin Gives Back Over $13 Million to Players Through Ongoing Loyalty Rewards Program

TheNewsCrypto04/07 17:15

Why Avalanche’s Broadridge integration fails to stop AVAX’s 10% slide

Despite the integration of Avalanche with Broadridge's on-chain proxy voting platform, which began its rollout on Avalanche and was adopted by Galaxy Digital, AVAX's price fell nearly 10%. This decline was driven by weak on-chain fundamentals, including a significant drop in Total Value Locked (TVL) to $720 million—its lowest since July 2024—indicating capital outflow and reduced activity. Derivatives market data showed increased bearish sentiment, with a Long/Short Ratio of 0.89 and negative Funding Rates, reflecting dominant short positions. Additionally, exchange netflows revealed distribution, as more AVAX was moved to exchanges and sold, suggesting investors used the news as an exit opportunity rather than a bullish catalyst.

ambcrypto04/07 17:08

Why Avalanche’s Broadridge integration fails to stop AVAX’s 10% slide

ambcrypto04/07 17:08

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