Crypto leaders have collectively raised $78 million for super PACs, focusing on increasing the presence of crypto-friendly lawmakers in Washington, Axios reports. Further, according to a statement from Fairshake, the following entities have shown support for Fairshake: Andreessen Horowitz, Ark, Brian Armstrong, Blockchain Capital, Wences Casares, Circle, Coinbase, Ron Conway, Cumberland, Framework Ventures, Hunter Horsley, The post Crypto heavyweights invest $78 million in US PACs aiming for regulation-friendly legislators appeared first on CryptoSlate.

In a turnaround from last year’s downturn, real-world assets (RWAs) such as private credit leveraging blockchain technology have witnessed a significant rebound. On-chain Private Credit. According to rwa.xyz, there has been a 127% surge in active private loans via digital ledgers since the beginning of 2023, currently at around $581 million. This recovery, though still The post Blockchain private credit and tokenized treasuries value hits combined $1.34B continuing RWA resurgence appeared first on CryptoSlate.

Following 11 weeks of consistent inflows into digital asset investment products, outflows totaling $16 million showcased a slight reversal in the market. The latest CoinShares report highlights this subtle shift in the investment landscape of digital assets. The overall trading activity for the week stood at $3.6 billion, significantly higher than the year-to-date average of The post Crypto funds break 11-week hot streak of inflows with $16M net outflows, amid record $3.6B traded appeared first on CryptoSlate.

Tap Protocol has completed a $4.2 million funding round led by Sora Ventures to enhance its role in the Bitcoin ecosystem. This investment, featuring contributions from numerous venture capital firms and angel investors, equips Trac Systems, the German company behind Tap Protocol, for significant growth. The funding round attracted notable venture capital firms, including Cypher The post Tap Protocol secures $4.2M for Bitcoin OrdFi innovation and expansion through Ordinals appeared first on CryptoSlate.

The second annual Gam3 Awards has concluded, with Parallel earning top honors in several categories, including Best Strategy Game, Best Card Game, and the prestigious Game of the Year award. The event, celebrating the hard work of development teams in web3 gaming, showcased the diverse potential of blockchain technology in gaming. The Gam3 Awards, hosted The post Parallel dominates Gam3 Awards with triple win including Game of the Year appeared first on CryptoSlate.