Decentralized finance protocol Morpho secured $175 million in a strategic funding round led by Paradigm, a16z crypto, and Ribbit Capital, valuing the platform at around $2 billion. The funds will support scaling its blockchain-based credit infrastructure and enhancing institutional lending capabilities, with total deposits surpassing $11 billion. Morpho enables customizable lending pools and credit solutions for banks, exchanges, and fintech firms, aiming to modernize credit markets with transparent, programmable technology. The capital raise will fund technical integrations, partnerships, and product expansion, positioning Morpho as a key player in blockchain credit infrastructure.
Morpho Association secured $175 million in one of the largest funding rounds in decentralized finance, led by Paradigm, a16z Crypto, and Ribbit Capital. The funding will support the expansion of Morpho's open credit network, which connects capital pr...
Cryptocurrency markets are experiencing mixed price changes, with Bitcoin trading around $62,754, slightly down by 0.21%. Ethereum and several altcoins like Zcash and Velvet have seen notable gains, with Zcash up 12.68% and Velvet surging nearly 25%....
BNB price has fallen more than 16% from its recent peak near $720, with technical patterns suggesting a possible deeper correction toward the $500 support zone. A broken multi-year ascending trendline on the weekly chart has turned into resistance be...
Bitcoin slipped below $63,000 as markets reacted to expanding U.S. regulatory oversight by the CFTC, net outflows from Solana ETFs, and rising malware risks targeting macOS crypto wallets. The CFTC is increasing staff to handle growing crypto regulat...
AI-related stocks saw a strong rebound overnight, with MSCI's Asia Pacific index rising 2.5%, South Korea's Kospi up to 8%, and the Nasdaq 100 gaining 1.6%. Semiconductor stocks also surged, with SK Hynix up 11%. Despite this tech rally, cryptocurren...
