Category: News
Latest news on blockchain, cryptocurrencies and the crypto world in general.
Turkish Crypto Exchange Metatime Raises $11M
Reading Time: < 1 minuteMetatime, a crypto exchange startup based in Istanbul, has raised $11 million in seed funding.
Outflow from Crypto Funds Continues for Sixth week in a Row: CoinShares
Reading Time: < 1 minuteCoinShares analysts reported that from March 11 to 17, $95 million were withdrawn from cryptocurrency investment products, following a record of $255 million the week prior.
Fireblocks Explains How Recent Vulnerability in BitGo Wallets Was Fixed
Reading Time: < 1 minuteFireblocks, a crypto-custodial service provider, has revealed that a vulnerability was discovered in BitGo wallets in December 2022.
Coinbase to Launch an Exchange Overseas
Reading Time: < 1 minuteCoinbase Global Inc. is exploring the potential of creating a new trading platform in a jurisdiction outside of the US.
US Senator Criticizes Banks for Ties with Crypto Industry
Reading Time: < 1 minuteColorado Senator Michael Bennet has expressed his opinion that banks working with the crypto industry are being reckless, as digital assets are incredibly unstable.
Messari CEO: Bitcoin Will Hit $100K
Reading Time: < 1 minuteRyan Selkis, the founder and CEO of the analytical company Messari, has predicted that Bitcoin’s price would reach $100,000 within 12 months.
Bitcoin Fund Reserves Drop to Lowest Level Since October 2021
Reading Time: < 1 minuteThe amount of BTC held in ETFs has fallen to its lowest level since October 2021.
Ethereum Developers Will Implement Shapella Hard Fork on April 12
Reading Time: < 1 minuteThe Ethereum team has announced April 12 (epoch 620.9536) as the date of the Shanghai-Capella (Shapella) hard fork on the mainnet.
Polygon Co-founder to Launch Project Based on Avail Protocol
Reading Time: < 1 minuteThe Chief Product Officer of Polygon Labs has decided to step down and create a separate project based on the Avail scaling solution.
USDT Doubles USDC’s Market Capitalization
Reading Time: < 1 minuteTether’s USDT market capitalization currently stands at $74.7 billion, almost double that of Circle’s USDC stablecoin capitalization of $37.6 billion.
Crypto Exchange KuCoin Invests in Yuan-Based Stablecoin Issuer
Reading Time: < 1 minuteKuCoin Ventures has announced it has led a funding round for the issuer of the stablecoin CNHC, pegged to the value of the offshore yuan.
Lido Finance Will Open stETH Redemption in mid-May 2023
Reading Time: < 1 minuteLido Finance has announced that the redemption of the original cryptocurrency is set to be available on their liquid staking platform in mid-May 2023.
US and German Authorities Seize Servers of Crypto Mixer ChipMixer
Reading Time: < 1 minuteThe Europol has reported that German and US authorities have disabled the infrastructure of cryptocurrency mixer ChipMixer.
Ripple Launches Testnet of its EVM-compatible Sidechain
Reading Time: < 1 minuteThe Ripple team has recently announced the launch of a testnet for their EVM-compatible sidechain XRP Ledger, which boasts a throughput of 1000 TPS.
Circle Reduces USDC’s Supply by 4.5 Billion Coins in Less Than a Week
Reading Time: < 1 minuteCircle, the co-issuer of the USD Coin (USDC) stablecoin, has redeemed approximately 6.2 billion coins since March 10.
MetaMask Fixes Privacy Issue Affecting Account Merging
Reading Time: < 1 minuteThe developers of MetaMask have recently released an update that eliminates the automatic merging of all accounts when a non-custodial wallet interacts with dApps.
Decentralized Exchange Alex Raises $2.5M
Reading Time: < 1 minuteTrust Machines, Gossamer Capital, and other investors have recently invested $2.5 million in the development of the decentralized exchange Alex.
Ark Invest Purchases $6.4M of Block Shares
Reading Time: < 1 minute
ARK Invest has acquired a total of 92,165 shares of Jack Dorsey Block for an estimated $6.4 million, according to the organization’s trading documents.
BitMEX Resumes Trading After a Temporary Crash
Reading Time: < 1 minuteCryptocurrency exchange BitMEX yesterday experienced a technical issue which led to a suspension of trading.
Car Maker Nissan Registers Web3-related Trademarks
Reading Time: < 1 minuteNissan has registered four Web3-related trademarks in the US, which apply to the brands Infiniti, Nismo and Nissan.
Crypto Exchange Gemini Says It Does Not Have Any Business Relationship with Signature Bank
Reading Time: < 1 minuteCryptocurrency exchange Gemini has announced that all customer funds are secure and held solely in JPMorgan, Goldman Sachs and State Street Bank.
OpenSea Removes Vulnerability Affecting Users
Reading Time: < 1 minuteImperva specialists have recently discovered a vulnerability in the NFT marketplace OpenSea that could have exposed user data.
Aave Plans to Launch a Mission to Rescue Lost Tokens
Reading Time: < 1 minuteAave’s “rescue mission” for tokens lost due to being sent to erroneous smart contracts has been approved by 100% of the votes.
Gate.io Releases a Visa Cryptocurrency Card
Reading Time: < 1 minuteGate Group, the parent organization of cryptocurrency exchange Gate.io, has announced the launch of a Visa-branded cryptocurrency debit card for customers in Europe.
Algostablecoins DAI and FRAX Lose Their Peg to USD
Reading Time: < 1 minuteThe algorithmic stablecoins DAI and FRAX lost their peg to the US dollar, mirroring similar problems experienced by the stablecoin USD Coin (USDC).
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