Pi Squared Raises $12.5 Million in Seed Funding Led by Polychain Capital to Build a Universal ZK Circuit Powered by Proof of Proof
Reading Time: 2 minutesChampaign, Illinois, United States, 2nd July 2024, Chainwire
Lif3.com partners with evmOS to deploy “Lif3 Chain,” first Layer-1 solution with curated DeFi contracts
Reading Time: 3 minutesRoadtown, British Virgin Islands, 2nd July 2024, Chainwire
Market Update July 2
Reading Time: < 1 minuteThis morning, the crypto market displayed mixed signals, with Bitcoin experiencing a slight decline while some altcoins saw moderate increases.
Solciety’s PolitiFi Meme Coin Presale Raises $600K+ in First Two Weeks
Reading Time: 2 minutesLondon, United Kingdom, 2nd July 2024, Chainwire
Bitfarms Mines 21% More Bitcoins in June
Reading Time: < 1 minuteAs Bitfarms faces a potential takeover bid from Riot Platforms, the company’s mining operations have been steadily recovering since the Bitcoin halving in April.
Bahamas Will Require Banks to Support its CBDC
Reading Time: < 1 minuteThe Bahamas government is taking steps to boost the use of its “Sand Dollar” central bank digital currency (CBDC) by introducing a new law that will require commercial banks to support it.
Circle Obtains MiCA License for its Stablecoins
Reading Time: < 1 minuteCircle has now obtained an Electronic Money Institution (EMI) license, a necessary step in order to offer cryptocurrency tokens pegged to the dollar and euro in the European Union (EU) under the new Markets in Crypto Assets (MiCA) regulations.
Philippines Adds USDT As Payment Method for Social Security Payments
Reading Time: < 1 minuteTether has announced a new option for citizens of the Philippines to pay their Social Security System (SSS) contributions using USDT.
Cloudbet Integrates Ethena USDe (sUSDe) Stablecoin and ENA Tokens
Reading Time: 2 minutesWillemstad, Curaçao, Netherlands, 1st July 2024, Chainwire
Nubila Kickstarts Fundraising Round Led by IoTeX, VeChain and Other Leading Investors
Reading Time: 2 minutesSan Francisco, United States, 1st July 2024, Chainwire
CARV Launches Alphanet: $35M Node Sale Propels Decentralization Milestone
Reading Time: 2 minutesSanta Clara, USA, 1st July 2024, Chainwire
Hawaii’s Crypto Companies Will Not Have to Obtain a Money Transmitter License
Reading Time: < 1 minuteHawaii has officially decided to exempt cryptocurrency companies from the need to obtain a Money Transmitter License (MTL) in order to operate in the state.
Internal Revenue Service Releases Latest Broker Rule Guidance
Reading Time: < 1 minuteOn Friday, the Internal Revenue Service (IRS) released the latest version of its controversial guidance on the “broker rule.”
NFT Sales Plummet 44% in Q2
Reading Time: < 1 minuteDuring the second quarter, the sale of non-fungible tokens (NFTs) saw a significant decline of 44%, attributed to various factors such as the increase of celebrity, political, and animal-themed memecoins and a downturn in the overall crypto market.
SEC Sues Consensys
Reading Time: < 1 minuteIn a complaint filed on Friday in the U.S. District Court in the Eastern District of New York, the U.S. Securities and Exchange Commission accused Consensys of violating the law by not registering as a broker for its MetaMask swaps service and its staking service.
Crypto Exchange Coinbase Sues SEC and FDIC
Reading Time: < 1 minuteA research firm hired by Coinbase is taking legal action against the US Securities and Exchange Commission (SEC) and a federal banking agency.
Coinbase Teams Up with Stripe
Reading Time: < 1 minuteA partnership has been formed between the cryptocurrency exchange leader Coinbase and the payment company Stripe.
VanEck Files Application for a Solana ETF in the US
Reading Time: < 1 minuteVanEck, a leading issuer of Bitcoin exchange-traded funds (ETFs) in the US, has submitted a request for a new Solana ETF.
Animoca Brands to Go Public in 2025
Reading Time: < 1 minuteAccording to Yat Siu, the chairman of Hong Kong-based gaming and metaverse company Animoca Brands, the company is considering going public sometime next year.
Worldcoin Plans to Build a Blockchain Infrastructure
Reading Time: < 1 minuteAlchemy and Worldcoin have joined forces to build the necessary infrastructure for the World Chain ecosystem.
SEC May Approve Spot Ethereum ETFs Next Week
Reading Time: < 1 minuteReuters has reported that the Securities and Exchange Commission may approve spot Ethereum ETF applications by July 4.
South Korea-based Crypto Firm Hashed to Expand to Abu Dhabi
Reading Time: < 1 minuteSeoul-based crypto venture capital firm Hashed Ventures has recently partnered with Hub71, a technology ecosystem in Abu Dhabi, and plans to open a local office in the UAE.
German Government Transfers $24M in Bitcoin to Major Crypto Exchanges
Reading Time: < 1 minutea wallet linked to the German Federal Criminal Police Office (BKA) has recently transferred $24 million in Bitcoin.
Hacker Hacks Metallica’s X Account to Promote a Token
Reading Time: < 1 minuteThe official X account of heavy metal band Metallica was recently hacked.
VanEck Will Waive Fees for its Ethereum ETF
Reading Time: < 1 minuteAccording to a recent statement by Matthew Sigel, the head of digital assets research at VanEck, the company is planning to waive fees for its potential Ethereum exchange-traded fund to remain competitive.
























