Circle, the issuer of USDC, announced a new smart contract functionality that allows holders of the BlackRock USD Institutional Digital Liquidity Fund (BUIDL) to transfer their shares to Circle for USDC. As reported by Circle, this smart contract provides BUIDL investors with a near-instant, 24/7 off-ramp, leveraging the core benefits of tokenized assets: speed, transparency, The post BlackRock tokenized BUIDL fund now convertible to USDC 24/7 via Circle integration appeared first on CryptoSlate.

Decentralized finance lending platforms MarginFi, SolBlaze, and Solend have found themselves embroiled in a heated dispute, with accusations of misconduct and misinformation being leveled by all sides. The controversy stems from MarginFi’s alleged failure to replenish BLZE token emissions for its users over an 8-day period, which MarginFi attributes to blockchain congestion and prioritizing user The post Solana drama continues as leading DeFi founder quits amid $150 million outflows appeared first on CryptoSlate.

Distributed cloud GPU network project Aethir and Theta EdgeCloud, the hybrid cloud computing platform powered by Theta Edge Network, are preparing to launch the largest hybrid GPU marketplace for developers and enterprises. The collaboration aims to provide unprecedented global GPU compute capabilities, with the potential to deliver 20-30 times greater power than any comparable network The post Theta partners with Aethir to launch largest hybrid GPU marketplace for AI and DePIN appeared first on CryptoSlate.

Permissionless Capital, a web3 platform for startups, has announced the launch of its Permissionless Opportunities Event, inviting web3 startups to apply for a chance to secure resources and support to bring their products to market, as reported by the company. The program aims to provide eligible web3 startups access to tools, funds, and connections to The post Permissionless Capital partners with Solana, Immutable, Chainlink for web3 startup competition appeared first on CryptoSlate.

EigenLayer has officially launched on the mainnet, marking a milestone for the restaking collective and the broader crypto landscape. The launch, which took place on April 9, allows restakers to delegate to operators of their choice and operators to run actively validated services. Restaking allows ETH stakers to opt in and extends the security of The post EigenLayer mainnet launch allows restakers to delegate stake, aims to extend Ethereum security appeared first on CryptoSlate.