Category: News
Latest news on blockchain, cryptocurrencies and the crypto world in general.
Nym Technologies Unveils $300M Fund with a16z Support
Reading Time: < 1 minuteThe CEO of Nym Technologies, Harry Halpin, has announced the launch of an Innovation Fund program with the goal of supporting developers of privacy-focused solutions for the decentralized web.
NFT Trading Volume Drops to Lowest Level in 2 Years
Reading Time: < 1 minuteThe NFT market experienced a significant decrease in trading volume in September, reaching its lowest level since January 2021.
Report: US Residents Conducted $1T in Crypto Transactions in a Year
Reading Time: < 1 minuteBetween July 2022 and June 2023, US residents conducted over $1 trillion in cryptocurrency transactions, making it the highest in the world.
4,800 BTC from Closed Darknet Market Abraxas Enter into Motion
Reading Time: < 1 minuteIt was recently discovered that an unknown group of individuals has moved approximately 4,800 BTC, which is equivalent to around $144 million, from the darknet marketplace Abraxas.
Berkshire Vice President: Investing in Bitcoin is Pointless
Reading Time: < 1 minuteAs per Berkshire’s Vice President Charlie Munger, there is absolutely no reason to buy into the hype surrounding Bitcoin.
MicroStrategy’s Paper Profit on Bitcoin Surpasses $170M
Reading Time: < 1 minuteAs of October 23, as the price of Bitcoin surpassed $30,000, MicroStrategy, a software analytics provider, saw a positive return on their investment in digital gold.
Former ConsenSys Employees File Lawsuit Against Joseph Lubin
Reading Time: < 1 minuteA lawsuit has been filed by more than 20 ex-employees of ConsenSys against founder Joseph Lubin, alleging that he failed to fulfill a stock agreement for the infrastructure company.
Finland to Integrate Digital Euro into Financial System
Reading Time: < 1 minuteThe Central Bank of Finland is planning to implement the digital euro (CBDC) into its payment system.
LBRY Shuts Down
Reading Time: < 1 minuteLBRY, the developer of the decentralized media platform Odysee, has announced that it will be shutting down, citing debts amounting to several million dollars.
Gary Gensler Refuses to Say When BTC ETFs Will Be Approved
Reading Time: < 1 minuteSecurities and Exchange Commission (SEC) Chairman Gary Gensler stated that the regulatory agency will not rush in approving applications for Bitcoin ETFs.
Kyrgyzstan is Becoming a Blockchain Hub in Asian Region
Reading Time: < 1 minuteThe Kyrgyz government is opposed to recognizing Bitcoin as a legitimate form of payment, but is taking steps to encourage the growth of blockchain technology.
Developers Are Leaving the Bitcoin Industry: Report
Reading Time: < 1 minuteAs of October 1, 2023, there were 19,300 developers working on open source crypto projects, a decrease of 27% in 12 months according to a report by Electric Capital.
El Salvador Says BTC Has Contributed to Country’s Recovery
Reading Time: < 1 minuteAccording to El Salvador’s Vice President Felix Ulloa, the country’s decision to adopt the first cryptocurrency as legal tender in 2021 was crucial for its recovery from the crisis.
US Congress Urges Government to Deny Hamas Access to Crypto
Reading Time: < 1 minuteUS Congress members have urged the US government to prevent the Hamas group from accessing its cryptocurrency wallets.
ECB Study: DAO Future is Limited Due to Lack of Regulation
Reading Time: < 1 minuteA recent study by the ECB highlights the negative impact of uncertain regulatory conditions on the growth of the decentralized autonomous organization (DAO) segment.
BNB Chain Rolls Out BNB Greenfield Mainnet
Reading Time: < 1 minuteThe developers of BNB Chain have just launched the BNB Greenfield mainnet.
Sazmining Unveils Green Bitcoin Farm in Paraguay
Reading Time: < 1 minuteAmerican mining company Sazmining has set up a Bitcoin mining facility in Paraguay that is solely powered by renewable energy.
BlackRock CEO: Investors Are Increasingly Interested in Bitcoin
Reading Time: < 1 minuteFink reiterated that there is a significant demand for BTC among investors.
BitGo Buys Asset Manager Software Developer HeightZero
Reading Time: < 1 minuteCrypto custodian BitGo has recently acquired HeightZero, a company that provides software for asset managers.
Study: Centralized Crypto Exchanges Enjoy Great Popularity in Latin America
Reading Time: < 1 minuteA recent study by Chainalysis found that centralized exchanges (CEX) are the preferred option for Latin American cryptocurrency investors.
Ethereum Staking Demand is Slowing: Report
Reading Time: < 1 minuteFollowing the activation of The Merge update, the queue of validators for Ethereum has been cleared for the first time since the Shanghai hard fork in April.
Trust Wallet Undergoes Rebranding
Reading Time: < 1 minuteTrust Wallet, a non-custodial cryptocurrency wallet, has undergone a rebranding campaign that includes a new logo and app design.
Paolo Ardoino Becomes New Tether CEO
Reading Time: < 1 minuteThe current technical director of Tether, Paolo Ardoino, has been named as the new CEO of the stablecoin issuing company.
EU Authorities Believe DeFi Market Is Not a Threat for Financial Stability
Reading Time: < 1 minuteAccording to a report published by the European Securities and Markets Authority (ESMA) last week, there is no perceived risk to the EU financial stability from the DeFi (decentralized finance) market.
US Authorities Concerned About China’s Mining Firms: Media
Reading Time: < 1 minuteChinese mining companies operating in the US have raised concerns over national security. The New York Times reported on this issue, citing sources from the US government.
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