Author: Ravi Kumar

An IMF team is currently in Islamabad to discuss the release of the final $1.1B tranche. Meanwhile, the finance ministry’s premature verdict has sparked discontent, awaiting the IMF’s full review.

“The biggest challenge to crypto adoption is fraud. Merchants and consumers are reluctant to transact with digital currency in a business environment where crypto fraud is rampant,” states Merkle Science CEO, Mriganka Pattnaik.

Elixir’s journey from a $100 million valuation in October 2023 to a staggering $800 million in its latest Series B round reflects the burgeoning demand for efficient on-chain trading environments.

“At Bluwhale, wallet holders can take control of their digital profile and decide if they want to receive communication, and at the same time take a cut of the outreach spending.” states Bluwhale CEO, Han Jin.

“This initiative will pave the way for a more robust Web3 space, where AI and blockchain will unlock new possibilities and redefine what is possible in the digital domain,” states Ilan Rakhmanov, CEO and Founder of ChainGPT.

This milestone underscores a significant shift in the investment landscape, with Bitcoin and other digital assets increasingly being embraced by mainstream financial institutions.

“As the cryptocurrency market rallies, driving up demand for leverage, the protocol has strategically shifted its balance sheet allocation from T-bills to higher-yielding crypto-backed loans,” states Steakhouse Financial Co-founder, Sébastien Derivaux.

“Over the past 12 months, we have been building out a series of non-custodial, on-chain products, creating a whole new type of crypto payment,” states Baanx Chief Commercial Officer, Simon Jones.

“There is a huge opportunity to bring DeFi and other innovations to the Bitcoin community through BTC restaking,” states Blockchain Capital General Partner, Aleks Larsen.

The protocol aims to provide a seamless and non-intrusive method for establishing Proof of Humanity within Web3 applications.