Category: News
Latest news on blockchain, cryptocurrencies and the crypto world in general.
JPMorgan: Ethereum Miners Will Be Affected by The Merge Update
Reading Time: < 1 minuteWith the transition of Ethereum to the Proof-of-Stake (PoS) consensus algorithm, miners will have to look for alternative sources of income.
Symbiosis Finance Teams Up with Benqi Finance
Reading Time: < 1 minuteSymbiosis Finance, a multi-chain liquidity protocol, has joined forces with Avalanche-based lending protocol Benqi Finance.
Binance Labs Invests in Node Provider Ankr
Reading Time: < 1 minuteBinance Labs has recently made a major investment in Ankr, the second largest node provider just behind Alchemy.
CoinFLEX Files For Company’s Restructuring
Reading Time: < 1 minuteCrypto derivatives platform CoinFLEX has filed a restructuring application with the Seychelles Court.
Decentralized Finance Project Injective Protocol Attracts $40M
Reading Time: < 1 minuteDeFi protocol Injective Protocol has recently raised $40 million in a funding round to accelerate the adoption and development of Web3.
Hotbit Suspends Trading and Withdrawals
Reading Time: < 1 minuteCryptocurrency exchange Hotbit suspended trading, depositing and withdrawing funds for all customers yesterday.
Social Network Reddit to Transfer Tokens to Arbitrum Nova Network
Reading Time: < 1 minuteSocial content platform Reddit has teamed up with the Arbitrum platform and FTX to implement the Community Points program in the second layer network.
ARK Invest Sells Block Shares to Increase its Position in GPU Maker Nvidia
Reading Time: < 1 minuteThe Ark Innovation ETF has dumped 235,489 Block (formerly Square) shares worth over $20.1 million to buy an additional 366,982 Nvidia shares worth $65.3 million.
ETC Cooperative Questions Feasibility of ETH PoW Fork
Reading Time: < 1 minuteA potential PoW fork of Ethereum would require a huge coordination effort and would not be viable if implemented.
US Authorities Deny Alexander Vinnik Bail
Reading Time: < 1 minuteAlexander Vinnik is not subject to bail, according to the prisoner’s profile on the website of the Santa Rita prison.
Nansen CEO Says Activity in Other Networks Will Fall Following The Merge Update
Reading Time: < 1 minuteCrypto users may switch to using Ethereum after the network’s upcoming transition to the Proof-of-Stake consensus algorithm.
Polygon-based Gaming Project Dragoma Turns to Be Rug Pull Scam
Reading Time: < 1 minuteThe developers of the Polygon-based web3 game Dragoma have reportedly implemented a rug pull scam.
Alexander Vinnik Appears Before US Court for First Time
Reading Time: < 1 minuteAlexander Vinnik has appeared for the first time before an American court in San Francisco.
Changpeng Zhao: Binance Is Not Associated With Indian Crypto Exchange WazirX
Reading Time: < 1 minuteCrypto exchange Binance has never held a stake in Zanmai Labs, the company behind the Indian platform WazirX.
Hackers Steal $5M from Exchange ZB.com
Reading Time: < 1 minuteAlmost $5 million in cryptocurrencies has been stolen from crypto exchange ZB.com by hackers.
FTX CEO Supports Bill to Transfer Crypto Market Control to CFTC
Reading Time: < 1 minuteSam Bankman-Fried has praised the bill submitted to the US Congress to empower the Commodity Futures Trading Commission (CFTC) to regulate the cryptocurrency market.
Frax Finance Team Proposes Abandoning PoW ETH Forks
Reading Time: < 1 minuteThe algorithmic stablecoin FRAX will not be launched in potential Proof-of-Work (PoW) forks of the Ethereum blockchain.
Blockchain Infrastructure Platform Alchemy Joins Forces with Polkadot-based Astar Project
Reading Time: < 1 minuteBlockchain infrastructure platform Alchemy has joined forces with the Astar project to develop Web3 in the Polkadot ecosystem.
Softbank and DST Global Support MarqVision’s $20M Funding Round
Reading Time: < 1 minuteIP-focused startup MarqVision ha recently completed a $20M Series A funding round.
Expert Believes Ethereum Price Will Consolidate Thanks to The Merge Update
Reading Time: < 1 minuteThe price of Ethereum could enter a consolidation phase after a sharp increase in July amid expectations of a migration to the Proof-of-Stake consensus algorithm.
Italian Luxury Brand Gucci Begins to Accept ApeCoin
Reading Time: < 1 minuteItalian fashion house Gucci has added support for ApeCoin.
Arcane Research: Bitcoin Price Will Hit $27,000
Reading Time: < 1 minuteIf Bitcoin holds the $20,700 level, the price will soon be in the $27,000-$28,000 range.
Crypto Lending Platform Vauld Gets Temporary Protection from Creditors
Reading Time: < 1 minuteThe High Court of Singapore has granted crypto lending platform Vauld a moratorium on proceedings until November 7.
Changpeng Zhao is Against Liquidity Segregation
Reading Time: < 1 minuteChangpeng Zhao has come to the conclusion that some countries want to create a separate order book (liquidity) to effectively protect consumers.
Music Band Muse Intends to Launch a New NFT Album
Reading Time: < 1 minuteBritish rock band Muse’s ninth album, dubbed Will of the People, will be released in a limited edition NFT format powered by Polygon.
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