News
24 Apr 2025, 18:03
RockawayX Raises $125M for Solana Startups
RockawayX, a crypto investment firm with over $2 billion in assets, has raised $125 million for its second funding round. This funding will focus on supporting early-stage crypto startups. This is particularly true for those working with the Solana blockchain, decentralized finance (DeFi), and decentralized networks. Pushing for Focus on Solana RockawayX is increasing its investment in Solana blockchain , which is known for its high speed, low costs, and easier development than the Ethereum network. The venture capital firm believes Solana could become the leading blockchain, offering products that attract builders and institutions. RockawayX plans to invest between $62 million and $94 million, 50% to 75%, of its second fund in Solana-based projects. The success of its first funding program helped raise money for the second fund. This is because the funding delivered strong returns with investments in the Solana ecosystem, Wintermute, and Morpho Labs. The second fund exceeded its $120 million target, and more than 20% is already invested in companies like DoubleZero, Exponent, and Hyperlend. Funding for blockchain projects has been growing, with more investors putting money into networks that can handle more transactions quickly and at a lower cost. This shows that people believe blockchain technology can change many industries, like finance, entertainment, and blockchain networks. In March, Haun Ventures, a venture capital firm, revealed it is looking to raise $1 billion for new investment funds in the next three months. Half the $500 million will support early-stage crypto projects, while the other half will go towards advanced crypto investments. RockawayX: A Multifaceted Crypto Investor RockawayX has always supported the Solana network, including Solana Labs in 2019. The firm plays an active role by working closely with its projects and offering more than just funding. The exchange provides support for validators, liquidity, and hardware services to help Solana projects succeed. In addition to venture capital, RockawayX manages a $110 million credit fund, which has been a significant source of on-chain liquidity for years. The firm also has an infrastructure division that builds tools like optimized GPUs and runs its European data centers. Its Labs division helps start web3 projects, and its solver unit supports trading platforms. RockawayX Expands Workforce to Strengthen Crypto Expertise RockawayX has over 45 employees and plans to expand even further. While many firms are downsizing their workforce , they are currently hiring for infrastructure analyst and Solana product manager positions. This move will help strengthen its expertise in the fast-growing crypto industry. The post RockawayX Raises $125M for Solana Startups appeared first on TheCoinrise.com .
24 Apr 2025, 18:00
Why BinoFi (BINO) Is Getting Massive Attention From Solana (SOL) Investors ?
Solana has built a reputation as a high performance blockchain with unmatched speed and cost efficiency. But even innovative blockchains like Solana haven’t fully solved the crypto trading problem, leaving users to choose between centralized exchanges (CEXs) and decentralized exchanges (DEXs). Enter BinoFi, the first ever hybrid crypto exchange that combines the speed and liquidity of CEXs with the security and transparency of DEXs. Already raising $450,000 in presale and selling over 22 million $BINO tokens, BinoFi is changing the way traders interact with digital assets. Here’s why it’s got the crypto community and beyond talking. BinoFi’s Game Changers BinoFi is more than an exchange. It’s a next gen trading ecosystem that’s using cutting edge tech to redefine the trading experience from every angle. AI Trading Tools BinoFi is breaking new ground with AI trading tools that simplify decision making and deliver pro grade trading capabilities. The platform’s AI offers a suite of features for both newbies and experienced traders. One of the standout features is AI automated strategies that traders can use to implement market making, scalping and arbitrage with zero effort. These bots run 24/7 to optimize gains and help users catch opportunities they would otherwise miss. For more advanced traders BinoFi’s AI tools offer high frequency trading optimization and market sentiment analysis. By interpreting news, social media and blockchain data in real time the platform helps users identify market shifts early and execute trades at the best possible moment. Non Custodial Security While many popular exchanges require users to trust their assets to a central authority, BinoFi eliminates that risk with innovative use of Multi Party Computation (MPC) wallets. With MPC wallets users retain control of their private keys without the complexity of managing seed phrases. Transactions are signed across distributed systems so there’s no single point of failure. And these wallets enable gasless transactions so users can trade without worrying about fees in native blockchain tokens. What sets BinoFi apart is the ability to combine non custodial security with ease of use. Whether you’re an individual trader or an institution the platform ensures keeping assets secure doesn’t have to come at the cost of usability. $BINO Token Presale BinoFi’s presale has taken off big time with its strong value proposition and massive growth potential. The native token $BINO isn’t just a currency it’s a gateway to the platform’s ecosystem with exclusive benefits and incentives. Here’s an example. Investing $750 at the presale price of $0.02 per token would get you 37,500 $BINO tokens. When $BINO lists at $0.30 your investment would be $11,250, that’s an incredible 1,400% ROI. For those who can invest more the numbers are even more impressive. A $1,500 investment during the presale would get you 75,000 $BINO tokens, valued at $22,500 at the launch price. But that’s not all. If $BINO reaches $1 that same investment would be worth $75,000. Beyond token value presale participants get exclusive benefits like up to 50% off trading fees and high-yield staking bonuses which offer passive income opportunities just for holding $BINO tokens. These incentives make the presale a low barrier high reward opportunity for both small and large investors. How does BinoFi compare? Solana focuses on blockchain performance and scalability BinoFi is focused on improving how assets are traded across all chains. Unlike other platforms BinoFi doesn’t make users compromise. It offers the liquidity and speed of traditional CEXs while keeping the transparency and security of DEXs. Its innovations like AI trading tools and native cross chain capabilities create a unified ecosystem that solves long standing problems. While Solana is a great foundation for decentralized applications BinoFi is leading the charge in revolutionizing crypto exchanges. Don’t miss the BinoFi evolution BinoFi isn’t just a glimpse of the future it’s shaping it right now. With its hybrid model advanced features and life changing returns BinoFi is setting a new standard for cryptocurrency exchanges. Website: https://binofi.com Whitepaper: https://whitepaper.binofi.com Giveaway: https://giveaway.binofi.com Telegram: https://t.me/binofilabs Twitter: https://x.com/Binoficom CoinMarketCap: https://coinmarketcap.com/currencies/binofi/
24 Apr 2025, 17:50
Wall Street’s Next Bet: Staking-Enabled ETH ETFs
Disclosure: This is an op-ed. The opinions expressed in this article are solely those of the author and do not reflect the views and opinions of The Defiant. On the surface, Ethereum may appear to have lagged behind some of its peers over the last few months, but in reality the birth chain of smart contracts and decentralized applications is getting ready to steal the spotlight. Don’t let the cheap memes cloud your vision — ETH ETFs’ just had their biggest day since February, bringing in $38.7M on April 22nd alone. Ethereum co-founder Vitalik Buterin also recently noted in an X post about Ethereum developments that so-called based rollups, a type of layer 2 scaling solution, were “making rapid progress.” Not to mention the potential of the fast approaching Pectra upgrade , slated for early May, to level up the network, including improved staking. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io
24 Apr 2025, 17:46
Ethereum Leadership Seeks to Reverse Rock-bottom Sentiment with New Roadmap
If you’re paying attention to crypto social media, it’s hard not to see an Ethereum in crisis. Criticism of the Ethereum Foundation’s leadership, and even co-founder and chief scientist Vitalik Buterin himself, runs rampant. After growing pressure born out of ETH’s underperformance against other cryptocurrencies and the broader market, Ethereum is shifting its strategy. Specifically, the result has been a change in leadership at the Ethereum Foundation, which has two new co-executive directors, a council of community members to advise the EF, a new Ethereum marketing arm, and a new, simpler roadmap refocused on scaling the Layer 1. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io
24 Apr 2025, 17:34
Cloudflare removes RTFKT CloneX NFT art due to Terms of Service violation
This is a segment from The Drop newsletter. To read full editions, subscribe . RTFKT, Nike’s abandoned digital brand pronounced “artifact,” lost its CloneX art overnight. The art for all 19,500 Ethereum NFTs in the collection was replaced with a black background with white text that reads: “This content has been restricted. Using Cloudflare’s basic service in this manner is a violation of the Terms of Service. Please visit cfl.re/tos for more.” That URL redirects to a Cloudflare terms page that states that a more basic Cloudflare plan does not allow clients to stream videos. “We limited your ability to use our services to deliver video bits from our network to your visitors. This is because every second of a typical video requires as much bandwidth as loading a full web page,” the page reads. “Unfortunately, while most people respect these limitations and understand they exist to ensure high quality of service for all Cloudflare customers, some users attempt to misconfigure our service to stream video in violation of our Terms of Service,” the post continues. The issue, then, appears to be due to the fact that the CloneX NFT data was not being hosted on an adequate Cloudflare plan. Others, like Yuga Labs blockchain lead 0xQuit, speculated that RTFKT may have forgotten to pay their Cloudflare bill and saw their service cancelled (RTFKT lead Samuel Cardillo told me it has “nothing to do” with an unpaid bill).. Other RTFKT collections — like its NFTs with artist Fewocious, its Animus Eggs, and its Nike Dunk Cryptokicks — still had visible video art live as of Thursday at 10:30am ET white the CloneX art was gone. The CloneX shakeup appears to have happened overnight, when several X users noticed the issue and flagged it on social media. “And some of you thought this was the next @cryptopunksnfts since it was abandoned,” Ape Ventures founder Xeer wrote early Thursday morning. Unlike most NFT collections, CryptoPunks art is stored fully onchain on Ethereum. Because NFTs can use art or visual data that’s hosted by a centralized company — like Cloudflare or AWS — they are inherently more mutable and censorable than decentralized data storage options. The tokens will still exist — but the art associated with it can vanish or be altered. By 11:15 am ET on Thursday, however, some of the CloneX NFT art had reappeared, suggesting the issue with Cloudflare had been resolved (By 12:30pm ET, the art had reappeared). So what happened? RTFKT Head of Tech Samuel Cardillo said the CloneX and Animus NFTs are moving to decentralized blockchain storage platform Arweave. Cardillo added that their Cloudflare plan will end at the end of April. The team had been trying to switch their storage infrastructure since December, but the switch took longer “because of internal corpo [sic] process.” “Somehow this morning Cloudflare decided to move to the Free plan [a] few days before the end of the contract which also triggered that bug in which Cloudflare refuses to stream images and videos,” Cardillo said. RTFKT shut down operations in December, spurring a slew of over 3,300 CloneX sales in one day as traders gave up hope on the future of the collection. RTFKT’s post about its shutdown at the time didn’t offer much of an explanation. It instead claimed the shutdown was “a new chapter” for the company. “RTFKT isn’t ending. It’s becoming what it was always meant to be — an artifact of cultural revolution,” the post read. It’s a bitter end for those who lost money on the NFTs as well as those who had longer-term hopes for the December 2021 collection. The CloneX floor price hit an all-time low earlier this month, with NFTs selling for roughly $230 worth of ETH, per NFTPriceFloor data . In April 2022, RTFKT CloneX NFTs had a floor price of over $60,000 per NFT. Rarer CloneX NFTs have sold for prices as high as $1.25 million. Blockworks has reached out to Cloudflare for comment. Get the news in your inbox. Explore Blockworks newsletters: Blockworks Daily : Unpacking crypto and the markets. Empire : Crypto news and analysis to start your day. Forward Guidance : The intersection of crypto, macro and policy. 0xResearch : Alpha directly in your inbox. Lightspeed : All things Solana. The Drop : Apps, games, memes and more. Supply Shock : Bitcoin, bitcoin, bitcoin.
24 Apr 2025, 17:15
Crypto Prices Surge 12%—Qubetics Named Best Crypto to Invest in April 2025 as Arbitrum and Immutable X Advance
Crypto is heating up again—and this time, it’s not just Bitcoin stealing the show. A recent market-wide surge, with ETH and XRP jumping over 10% and BTC brushing $94,000, has sparked a new altcoin wave. Riding this momentum, altcoins tied to governance, gaming, and tokenized infrastructure are starting to roar. Arbitrum kicked off its Security Council election, Immutable X revealed bullish Layer-2 updates, and one under-the-radar presale—Qubetics—is now grabbing serious attention from early adopters and analysts alike. What makes Qubetics so unique is its real-world application as a Decentralized VPN and cross-chain aggregator, a feature that’s long been missing from most blockchain offerings. While Arbitrum strengthens its decentralized governance and Immutable X powers up the GameFi space, Qubetics is quietly building infrastructure that could underpin all of them. Its presale is now approaching its final stages, making it the Best Crypto to Invest in April 2025 for those not looking to miss the next big breakout. Qubetics Bridges Privacy, Speed, and Scalability in a Fragmented Ecosystem Qubetics is changing how Web3 users interact across blockchains, thanks to its Decentralized VPN feature paired with robust cross-border utility. It’s built to act as a multi-chain bridge with privacy protocols layered in—allowing everyday users, businesses, and devs to interact with different chains seamlessly, without relying on centralized services or exposed IPs. Take a digital nomad working remotely in Europe while accessing dApps on Solana, Arbitrum, and Ethereum. Instead of juggling wallets, browser extensions, or worrying about surveillance, they route through Qubetics’ privacy-first infrastructure—fully shielded, fully interoperable. For institutions managing assets across multiple chains, Qubetics acts like the missing piece that allows real-time compliance, routing, and audit-layer visibility. It’s infrastructure that works, not just buzzwords. That’s why so many see Qubetics as the Best Crypto to Invest in April 2025—because it doesn’t just build for hype; it builds for utility and demand that already exists. Qubetics Presale Smashes Milestones with Major ROI Projections With every stage of the Qubetics presale lasting just seven days and a 10% price hike scheduled at the end of each stage, urgency is baked right into the tokenomics. The project is now in Stage 31, priced at $0.1902 per $TICS, with more than 509 million tokens sold and $16.3 million+ raised from over 25,200 token holders. If $TICS reaches $1, early participants are looking at a 425.53% return. A jump to $5 delivers 2527.67%, while hitting $15 post-mainnet would hand out an eye-watering 7783.02% ROI. So, if someone drops just $100 at the current price, and $TICS hits $10, that’s a projected return of $5,155. That’s not hypothetical—it’s based on published metrics and hard math. This is why many analysts label Qubetics the Best Crypto to Invest in April 2025. With the Qubetics presale heating up and the mainnet slated for Q2 2025, early entry isn’t just attractive—it’s strategic. This isn’t just a presale—it’s arguably the best crypto presale in the current market. Arbitrum Votes in Security Council Election as Decentralization Deepens While Qubetics drives token demand through infrastructure, Arbitrum is doubling down on governance. From March 15 to May 21, 2025, the Arbitrum ecosystem is holding a Security Council election, a move that further decentralizes control of one of Ethereum’s most dominant L2 scaling solutions. Why does this matter? These 12 elected members oversee Arbitrum’s on-chain upgrade mechanisms, treasury disbursements, and protocol changes. Their term lasts six months, with half the council rotating out at the end of each term to maintain flexibility and prevent centralization. This structure isn’t just a formality—it’s a major milestone toward making Arbitrum a truly community-driven ecosystem. With Arbitrum already dominating Ethereum L2 usage by volume, this governance update signals even more credibility. As the Security Council takes shape, ARB is likely to gain price momentum from those tracking real governance utility—a major catalyst during an altcoin season like the one April is shaping up to be. Immutable X Pops After Game-Changing Announcement from Co-Founder Over in the Web3 gaming world, Immutable X just got a serious jolt. Following a major announcement by co-founder Robbie Ferguson, IMX surged as the ecosystem braces for expanded gaming infrastructure and deeper GameFi integrations. This rise wasn’t a fluke—it came on the back of high-volume trading and notable wallet accumulation. Ferguson’s update included multiple key signals: more AAA studios partnering with Immutable, increased scaling capacity thanks to zk-rollup upgrades, and deeper incentives for NFT trading across marketplaces built on Immutable’s rails. These updates have market watchers bullish, with IMX volumes jumping and sentiment tracking strong uptrends. With GameFi expected to dominate the next leg of Web3 growth, Immutable X is now back on the radar of every serious altcoin list. While Qubetics handles infrastructure, and Arbitrum focuses on governance, Immutable X is clearly taking the lead in user-centric scalability—especially for gaming-native ecosystems. Conclusion: Three Coins, One Standout Opportunity It’s been a wild April for crypto—and with ETFs in the pipeline, DeFi protocols gaining billions in TVL, and altcoins outperforming majors, this is one of the hottest windows in months to explore fresh picks. Arbitrum is setting governance standards with its Security Council election. Immutable X is creating buzz with real growth in gaming. But there’s only one project that checks all the boxes for breakout utility, ROI potential, and real-time adoption: Qubetics . The current Qubetics presale isn’t just a discount phase—it’s a launching pad for those seeking a token that merges privacy, interoperability, and real-world asset tokenization in one unified Web3 layer. With the price locked at $0.1902 and the next 10% jump just days away, early participants aren’t hesitating. In a crowded field of Layer-2s, GameFi tokens, and governance plays, Qubetics is still the only one with infrastructure power, practical use, and a 7783.02% ROI projection. Join this crypto presale now—before that window closes. For More Information: Qubetics: https://qubetics.com Presale: https://buy.qubetics.com/ Telegram: https://t.me/qubetics Twitter: https://x.com/qubetics FAQs What is the best crypto to invest in April 2025? Qubetics leads the pack due to its decentralized VPN infrastructure, strong tokenomics, and ongoing presale with major ROI potential. How much has Qubetics raised in its presale so far? Over $16.3 million has been raised, with more than 509 million tokens sold across 25,200+ holders. Why is Arbitrum holding elections? To increase decentralization and rotate its Security Council members every six months, making governance more transparent and efficient. The post Crypto Prices Surge 12%—Qubetics Named Best Crypto to Invest in April 2025 as Arbitrum and Immutable X Advance appeared first on TheCoinrise.com .