Author: Tony Pearce
MimbleWimble Update is Activated on Litecoin Network
Reading Time: < 1 minute The MimbleWimble Extension Block (MWEB) update has been activated on the Litecoin main network today at approximately 05:30 CET.
Crypto.com Makes Donation to University of Pennsylvania’s Crypto Research Laboratory Fund
Reading Time: < 1 minute Crypto.com has just announced it has committed a 2-year gift to support the University of Pennsylvania’s (Penn) new Crypto Research Laboratory Fund.
Voyager Digital Raises $60M in Funding Round Led by Alameda
Reading Time: < 1 minute Crypto broker Voyager Digital has raised about $60 million in a private placement led by Sam Bankman-Fried-owned Alameda Research.
AQX Launches its New DeFi Platform in Open Beta on 18th May 2022
Reading Time: 4 minutes Now interested parties will have an opportunity to access the AQX cryptocurrency exchange platform on 18th May 2022. T
Spotify Starts Testing NFT Support
Reading Time: < 1 minute Streaming music service Spotify is exploring the use of NFTs on the platform.
Australia Plans to Tighten Control Over Crypto Taxes Payments
Reading Time: < 1 minute The Australian Taxation Office (ATO) has listed cryptocurrencies and NFTs as a key focus for 2022.
Chinese Court Recognizes Bitcoin as an Asset Protected by the Law
Reading Time: < 1 minute The Shanghai District Court has ruled in favor of a Bitcoin owner and awarded him a compensation.
David Marcus Launches Lightning Network Growth Startup
Reading Time: < 1 minute The former head of the payments division of Meta has announced the launch of Lightspark, a new company focused on expanding the use of Bitcoin.
Chainalysis Valued at $8.6B Following Results of Latest Investment Round
Reading Time: < 1 minute Analytical firm Chainalysis has raised $170 million in Series F funding from the Sovereign Fund of Singapore and other investors.
Citigroup and Wells Fargo Invest $105M in a Crypto Trading Platform
Reading Time: < 1 minute Crypto trading infrastructure provider Talos has raised $105M in a Series B funding round, which has resulted in the startup’s valuation reaching $1.25B.
Avarta and Tokocrypto Join Forces to Work on Authentication, Security and Compliance For Indonesia’s Crypto Market
Reading Time: < 1 minute Avarta has entered into a strategic partnership with Indonesia’s largest crypto asset exchange and blockchain ecosystem Tokocrypto.
Bank Of America: Bitcoin is Not a Means of Saving From Inflation
Reading Time: < 1 minute According to analysts from the Bank of America, Bitcoin has not been an insurance against inflation for a long time.
Tech Giant Google Will Create Services for Blockchain Devs
Reading Time: < 1 minute Google’s cloud division is forming a team that will create services for developers focused on blockchain applications.
US Department of State Offers $15 Million for Data About Operators of Ransomware Virus Conti
Reading Time: < 1 minute The US Department of State will pay $10 million for information identifying “key leaders” of the group behind the ransomware virus Conti.
Tether CTO: The Company Has No Plans to Hold an IPO
Reading Time: < 1 minute Tether, issuer of the stablecoin with the same name Tether (USDT), is not considering an IPO.
Crypto Market Data Provider Amberdata Completes $30M Funding Round
Reading Time: < 1 minute Amberdata, a US-based blockchain analytics startup, has raised $30 million in a Series B funding round led by Knollwood Investment Advisory.
Drops DAO Announces it is Releasing its Mainnet
Reading Time: < 1 minute Drops, a DAO that provides loans for NFT and DeFi assets, supplying them with much-needed utility, has just announced the launch of its mainnet.
Solana Devs Explain Why the Blockchain Suffered a Seven-hour Outage Last Month
Reading Time: < 1 minute A huge number of incoming transactions and intense traffic led to the suspension of the Solana network on the night of April 30-May 1.
Pace of Installation of BTC ATMs Slows Down Since the Beginning of the Year
Reading Time: < 1 minute Last month was the fourth consecutive month of declining rates of crypto ATM installations in the world.
BitMEX Co-Founder Predicts Bitcoin Will Rise to $1M by 2030
Reading Time: < 1 minute The former CEO and co-founder of the BitMEX, Arthur Hayes, has predicted the price of BTC will rise to $1 million by the end of the decade due to the ineffective monetary policy of the US and the EU.
One of Dubai’s Largest Property Development Companies to Accept Bitcoin and Ethereum
Reading Time: < 1 minute DAMAC Properties has announced it will start accepting cryptocurrencies.
Coinbase CEO Says Elon Musk’s Twitter Purchase is “A Victory for Free Speech”
Reading Time: < 1 minute Coinbase CEO Brian Armstrong has supported Elon Musk’s decision to acquire Twitter.
Jelurida and Blockchain Ecosystem IGNIS Announce Partnership with Ticino Blockchain Technologies
Reading Time: < 1 minute Jelurida has recently announced it has entered into a partnership with Lugano-based Ticino Blockchain Technologies Association [TBTA].
LOUD-affiliated Startup SNACKCLUB Attracts $9 Million
Reading Time: < 1 minute Startup SNACKCLUB, which is affiliated with the Brazilian esports team LOUD, has closed a $9 million seed funding round.
ECB Calls for Global Crypto Regulation
Reading Time: < 1 minute Cryptocurrencies are a global phenomenon, so a coordinated effort is needed to regulate them.