Author: Chris Smith
Crypto Miner Auradine Launches 4 nm Miners Line
Reading Time: < 1 minuteCrypto miner Auradine has released their Teraflux brand line of devices for mining the first ever crypto using 4 nm technology chips.
EOS Network Foundation Plans to File a $1B Lawsuit Against Block.one
Reading Time: < 1 minuteThe EOS Network Foundation (ENF) is attempting to seek recovery of its claimed $1 billion from Block.one.
UK’s Watchdog Will Check Worldcoin’s Activity
Reading Time: < 1 minuteThe UK Information Commissioner’s Office (ICO) is investigating the user verification process of Sam Altman’s Worldcoin project.
Flashbots Reaches $1M Valuation Following a $60M Funding Round
Reading Time: < 1 minuteFlashbots, an infrastructure company, has announced that it has raised $60 million during a Series B round of investment at a $1 billion valuation.
US Users Think Bitcoin Will Hit $69K: Survey
Reading Time: < 1 minuteRecent opinion polls have revealed a considerable surge in the enthusiasm of American investors towards the digital currency market.
US Accuses Former FTX CEO of Providing Media with Materials of Caroline Ellison’s Diary
Reading Time: < 1 minuteThe US Department of Justice has accused Sam Bankman-Fried (SBF) of transferring personal records of ex-Alameda Research CEO, Caroline Ellison, to journalists as an attempt to discredit her in court.
Users Accused of Laundering BTC Stolen from Bitfinex Will Plead Guilty
Reading Time: < 1 minuteA couple from New York has agreed to plead guilty to laundering billions of dollars worth of Bitcoin connected to the 2016 Bitfinex hack.
Tesla Has Not Sold Any Bitcoin Since Q2 2022
Reading Time: < 1 minuteTesla is holding approximately $184 million worth of Bitcoin.
Bitfinex: Crypto Miners Feel Optimistic Regarding BTC
Reading Time: < 1 minuteMining companies of BTC have been employing new strategies to reduce risks, as evidenced by recent records of large amounts of Bitcoin being sent to exchanges.
Blockchain Capital Participates in RISC Zero’s $40M Funding Round
Reading Time: < 1 minuteRISC Zero, the startup behind the zero-knowledge proof (ZKP) Virtual Machine, has raised $40 million in Series A funding.
Number of Kraken Users Increases x5
Reading Time: < 1 minuteKraken’s share of the US crypto market has more than doubled in 18 months due to the bankruptcy of FTX in November and lawsuits against Binance and Coinbase in July 2023.
Ark Invest Sold Almost 500,000 Coinbase Shares Last Week
Reading Time: < 1 minuteLast week, Cathy Wood’s asset management firm, Ark Invest, sold off almost 500,000 shares of the crypto company Coinbase which earned them an impressive $53 million.
Indonesia Will Launch a National Crypto Exchange This Month
Reading Time: < 1 minuteThe Indonesian Commodity Futures Trading Regulatory Agency announced in January that a national cryptocurrency exchange is slated for completion in 2023.
US Authorities Arrest Former Celsius CEO
Reading Time: < 1 minuteAnonymous Bloomberg sources reported yesterday that US law enforcement officers had apprehended Alex Mashinsky, the former CEO of the Celsius crypto lending platform.
Crypto Exchange Binance Appoints Eleanor Hughes as Company’s General Counsel
Reading Time: < 1 minuteEleanor Hughes has been appointed as General Counsel of Binance, according to a press release.
The Digital Real Will Increase Financial Services Availability in Brazil
Reading Time: < 1 minuteThe Central Bank of Brazil is aiming to introduce a digital real (CBDC) into the financial system by the end of 2024, partnering with fintech startups and commercial banks.
Berenberg Believes Bitcoin Rally Will Benefit MicroStrategy
Reading Time: < 1 minuteAnalyst firm Berenberg Capital Markets has predicted that the value of the IT giant will boom during the next Bitcoin bull market.
Study: Gaming Industry is Ahead of DeFi and NFT Markets
Reading Time: < 1 minuteAccording to a new study from DappRadar, the gaming industry is leading the blockchain economy and is far ahead of the DeFi decentralized finance market and the NFT ecosystem.
Europe Warns Against Exclusion of DeFi Sector from MiCA Regulation
Reading Time: < 1 minuteAFME has called on regulators to keep DeFi services within the MiCA regulatory framework in order to protect market integrity, financial stability, and end users while promoting financial and technological innovation.
CFTC Accuses Two US Residents of $5M Bitcoin Scam
Reading Time: < 1 minuteThe US Commodity Futures Trading Commission (CFTC) has charged two residents of Florida with defrauding investors out of more than $5 million.
Non-custodial Exchange IDEX Plans to Launch its Own L2 Network
Reading Time: < 1 minuteIDEX, one of the oldest Ethereum exchanges, has initiated the development of a second-level Xchain solution leveraging Polygon’s zkEVM technology.
Abracadabra Proposes to Transfer DAO Management to a Legal Entity
Reading Time: < 1 minuteThe Abracadabra DeFi project team proposed the creation of a centralized organization to protect intellectual property rights and manage costs.
Vietnam’s Authorities Highlight the Risks Associated to Transactions with Pi Crypto
Reading Time: < 1 minuteLe Xuan Minh, the head of the Department of Cybersecurity and High-Tech Crime Prevention of Vietnam, declared that the operations of cryptocurrency models are “extremely complex and uncontrollable.”
Binance to Suspend Support for Multichain-related Tokens
Reading Time: < 1 minuteBinance has announced that from July 7, support for the deposit and withdrawal of multiple tokens, due to an issue with the Multichain cross-chain project in May, will be suspended.
Animoca Brands Founder Believes Hong Kong is Becoming a Blockchain Hub
Reading Time: < 1 minuteYat Siu, co-founder of the investment company Animoca Brands, is part of an expert group that advises Hong Kong officials on developing regulations for the blockchain industry.
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