USDC

Circle Ventures, the venture arm of the stablecoin issuer Circle, invested in Sei to expand the USDC ecosystem.

Circle Ventures invests in Sei to expand USDC ecosystem

The event will spotlight 11 startups from the partnership's incubator program, including GameFi, SocialFi, and AI+Web3 firms.

OnePiece Labs and Sei to Showcase Web3 Startups at Demo Day

Sei Labs, a core contributor to the Sei blockchain, has partnered with the established payment rails company Plaid.

Fintech Plaid partners with Sei Labs shortly after Layer 1's launch

Shiba Inu

Shiba Inu's new Layer-2 Shibarium gets off to a shaky start, while multiple projects announce airdrops. Read on to find out more DeFi news and alpha!

Week in DeFi: CoWSwap TWAP, Shibarium's Shaky Launch and Sei Mainnet Arrives

The newly listed cryptocurrency SEI took a substantial hit after its debut, plummeting over 65% from its peak value in just three days. The coin's latest 13% tumble mirrored a decline in the broader crypto market in the last 24 hours.

SEI's Rocky Start: New L1 Crypto Token Dives 65% in 3 Days Amid Market Turmoil

In this week's issue, we cover Coinbase's launch of "Base," a layer-2 network atop Ethereum, along with the crypto community's reaction to PayPal's new stablecoin and the brouhaha over Matter Labs' use of Polygon-crafted open-source software. The Protocol is CoinDesk's weekly newsletter devoted to blockchain and crypto technology.

The Protocol: Blockchains Keep Launching, From Sei to Shibarium

Ethereum

Bitcoin (CRYPTO: BTC) moved lower, with the cryptocurrency prices trading below the $28,500 level on Thursday. Ethereum (CRYPTO: ETH) also recorded losses, falling below the key $1,800 mark this morning.

Ethereum Tumbles Below $1,800 Following Jobless Claims Data; Sei Becomes Top Loser

Complaints flooded X (formerly Twitter) about the scantiness of the new SEI token allocations to early adopters, as many recipients apparently moved to dump their holdings on the market.

Just-Launched Sei Blockchain's New Token Plunges 24% After Airdrop

The buzzy blockchain project's SEI token saw a flurry of trading as it debuted on several crypto exchanges Wednesday, but there was much confusion over the status of a promised token "airdrop" to early adopters of the network.

Sei, Blockchain Designed for Trading, Goes Live but 'Frustration' Mounts Over Airdrop

Trading volumes for the new SEI token nearly outpaced market heavyweights like Bitcoin, Ethereum, and XRP on top crypto exchanges.

Trading Volumes for Newly Launched SEI Token Topped $1B in One Day

SEI token (SEI), a layer-1 cryptocurrency that has garnered significant attention in the market, has witnessed a 29% surge over the past 24 hours. What Happened: This comes even as Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) were down 0.69% and 0.85% in the last 24 hours.

SEI Token's Spectacular 29% Surge Steals Spotlight Amid Bitcoin, Ethereum Dip: What's Going On?

Sei Labs announced on Tuesday the launch of its Sei Mainnet beta phase, following a successful Testnet alpha phase that witnessed more than 400 million transactions and the creation of 7.5 million unique testnet wallets. This Layer 1 platform is optimized for trading digital assets, aiming to facilitate the mass adoption of such assets across various platforms, including gaming economies, NFT marketplaces and decentralized exchanges.

Sei Labs Launches Mainnet Beta Phase To Facilitate Mass Adoption Of Digital Assets

Bitcoin

Bitcoin (CRYPTO: BTC) moved slightly higher, with the cryptocurrency prices trading above the $29,300 level on Tuesday. Ethereum (CRYPTO: ETH) meanwhile edged lower, but remained above the $1,800 mark this morning.

Bitcoin Edges Higher Following Economic Data; Sei Emerges As Top Gainer

The trading focused layer 1 blockchain is backed by Jump Crypto and Flow Traders.

News for Sei Crypto (SEI)