Category: News
Latest news on blockchain, cryptocurrencies and the crypto world in general.
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 Congress Might Criminalize CBDC Issuance
Reading Time: < 1 minuteOhio Republican Warren Davidson, US Representative for the House of Representatives, has recently called on Congress to ban, then criminalize, any attempts to design, build, refine, test, or launch a Central Bank Digital Currency (CBDC).
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.
800,000 Blocks Have Been Mined in the Bitcoin Network
Reading Time: < 1 minuteThe Bitcoin network yesterday reached a milestone with 800,000 blocks left until the halving. Dylan Leclerc reported that 3,721 transactions were included in the 1.64 MB block for $29,815.
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.
Whales Buy Litecoin After Coin’s Price Falls Below $100
Reading Time: < 1 minuteA bullish trend in Litecoin (LTC) had strengthened in July, with its price reaching as high as $112 – the highest since April 2022.
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.
Crypto Exchange FTX Wants to Receive a $71M Refund from Charities
Reading Time: < 1 minuteThe FTX Foundation, a charitable arm of the group of companies, and Latona, a fictitious non-profit organization registered in the Bahamas, were a target of litigation by the crypto exchange.
Tesla Has Not Sold Any Bitcoin Since Q2 2022
Reading Time: < 1 minuteTesla is holding approximately $184 million worth of Bitcoin.
Binance Labs Puts $10M into Radiant Capital
Reading Time: < 1 minuteBinance Ventures Capital has injected $10M into Radiant Capital’s Lending Protocol.
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.
Number of Employees in Blockchain Industry Increases by 160% in 4 Years
Reading Time: < 1 minuteBy the mid-2023, the total number of employees in the blockchain industry has nearly doubled since 2019, reaching close to 190,000, according to K33 Research.
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.
Monerium and Safe Team Up to Develop On-chain Payments in EUR
Reading Time: < 1 minuteSafe and Monerium have partnered to promote both off-chain and on-chain payments in euros using Monerium’s EURe stablecoin, integrated into Safe’s Web3 accounts.
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.
Uniswap Labs Launches its Liquidity Aggregator UniswapX
Reading Time: < 1 minuteUniswap Labs has recently launched UniswapX, its open-source liquidity aggregation protocol in beta mode on Ethereum.
zkSync Devs Create New Proof Mechanism
Reading Time: < 1 minuteMatter Labs has just unveiled its new STARK-based proof system, Boojum, for their Layer 2 Ethereum solution, zkSync Era.
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.
Crypto Funds See Influx of Funds for 4th Consecutive Week
Reading Time: < 1 minuteCoinShares analysts have reported that from July 8 to July 14, inflows into cryptocurrency investment products totaled $137.4 million.
SEC Accepts Spot Bitcoin ETFs Applications
Reading Time: < 1 minuteThe SEC has accepted applications for spot Bitcoin ETFs from BlackRock, VanEck, Invesco, Fidelity Investments and WisdomTree.
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.
JPMorgan: Bitcoin Halving is Similar to a Stress Test for Crypto Miners
Reading Time: < 1 minuteJPMorgan strategists Nikolaos Panigirtzoglou and his team have noted that a Bitcoin halving can have a positive effect on the cryptocurrency’s price.
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 Bitget Says its Reserves Amount to $1.44B
Reading Time: < 1 minutePopular cryptocurrency exchange Bitget has recently revealed that its total reserves amount to $1.44 billion. Most of these funds are held in Bitcoin, Tether, Ethereum and USDC.
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.
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