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OnRe, the onchain asset manager providing access to reinsurance-backed assets onchain, today announced expanded global access for ONyc through a new independently operated permissionless channel. This new channel gives DeFi users a direct way to access reinsurance-backed assets. In just the first week of its soft launch through OnReʼs Points Program, more than $1M of
HBAR has slipped slightly in the past day but still shows gains over the month. With whales adding millions and a breakout pattern forming, the token could see a 12% bounce if resistance breaks.
Spot Bitcoin ETFs saw a net inflow of over $600M on Thursday, with Ethereum ETFs seeing over $300M. The new capital signals a potential reversal from September's outflows.
To achieve scalability, the Predictive Market needs high leverage, high-frequency trading, and high market outcomes value.
- 15:20Crypto yield optimization protocol YO Labs completes $10 million Series A funding round, led by Foundation CapitalAccording to ChainCatcher, as reported by an exchange, the development team behind the crypto yield optimization protocol YO Protocol, YO Labs, has announced the completion of a $10 million Series A funding round. Foundation Capital led the round, with participation from an exchange Ventures, Scribble Ventures, and Launchpad Capital. To date, its total funding has reached $24 million. The company plans to use these funds to expand the protocol to more blockchains and improve its infrastructure.
- 15:04Suspected Matrixport wallet withdraws 3 million ASTER from an exchange, worth approximately $2.84 millionAccording to ChainCatcher, Arkham monitoring data shows that about two hours ago, a wallet address suspected to belong to Matrixport withdrew 3 million ASTER tokens, worth approximately $2.84 million, from a certain exchange's hot wallet address. Currently, this wallet holds a total of 5 million ASTER tokens, valued at $4.72 million.
- 14:50South Korean regulators failed to submit the Korean won stablecoin regulatory bill on timeChainCatcher News, according to Newsis, earlier this month, South Korea's ruling party called on various ministries and the Financial Services Commission (FSC) to submit a regulatory bill on Korean won stablecoins by December 10, but the FSC failed to submit the bill on time. An FSC spokesperson stated that the FSC needs more time to coordinate positions with relevant agencies, and that rather than rushing to meet the specified deadline, it would be better to announce its proposal while submitting the bill to the National Assembly. The FSC said this move is to protect the public's right to know about the matter.