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This New $5M Fund Aims to Scale Bitcoin-Aligned Projects in India – Here’s the Latest
11.3.2024
Core Foundation's $5 million fund aims to further India’s decentralized application ecosystem on Core Chain.
The post This New $5M Fund Aims to Scale Bitcoin-Aligned Projects in India – Here’s the Latest appeared first on Cryptonews
Web3 Messaging Platform beoble Gets Backing from Animoca Brands to Scale
7.3.2024
Web3 messaging and social platform beoble has secured a strategic investment from Animoca Brands, a gaming and metaverse-focused venture capital firm.
The post Web3 Messaging Platform beoble Gets Backing from Animoca Brands to Scale appeared first on Cryptonews
Breaking Down Dencun’s Potential to Slash Ethereum Costs
4.3.2024
Ethereum’s major upgrade, “Dencun” is scheduled to drop on March 13, and, according to developers, it will immediately decrease gas fees on layer 2s by 75%. A new technological feature called proto-danksharding, aka blobs, is driving this impressive added scale. Proto-danksharding...
Mavia chooses Base to scale its ecosystem
28.2.2024
Heroes of Mavia, or simply Mavia, announced joining hands with Base to scale its ecosystem. Base will now assist Mavia in supporting the growing number of mobile players on its platform. Base has been chosen as the L1 solution for Mavia. The speed, security, and cost-effectiveness of the Layer...
Luxury Brand Protocol Arianee Set to Launch New Polygon CDK-Powered Chain
22.2.2024
Arianee, the ownership infrastructure behind a number of global luxury brands, has announced its plans to unveil a brand new layer 2 built on Polygon “to leverage the full potential of digital product passports (DPPs) and engagement tokens at scale,” a Thursday, February 22 press release from...
Ethiopia Explores Crypto Mining with New Hong Kong Data Center Deal
16.2.2024
Ethiopia has inked a memorandum of understanding with Data Centre Service, a subsidiary of Hong Kong’s West Data, to build a $250 million data mining infrastructure project in the country. Data centres provide the facilities to host large-scale Bitcoin mining operations. The East African...
Craig Wright Accused of ‘Industrial Scale’ Forgeries in First Day of COPA Trial
5.2.2024
A highly anticipated trial probing Australian computer scientist Craig Wright’s claim to fame as the pseudonymous author of the groundbreaking 2008 Bitcoin manifesto kicked off Monday at a U.K. high court, where a judge decided Wright could add some new evidence to back up his case
Beijing-Run CBEX Denies Links to Same-Named Crypto Firm + More Crypto News
5.2.2024
Get your daily, bite-sized digest of blockchain and crypto news – investigating the stories flying under the radar of today’s news. In today’s edition: Beijing-Run CBEX Denies Links to Same-Named Crypto Firm Bracket Labs Integrates Passage on BNB Chain Following $2M Pre-Seed from Binance Labs Wirex...
Coinbase to Impose Fees on USDC to USD Conversions Exceeding $75 Million
30.1.2024
On January 30 Crypto exchange Coinbase announced a new fee structure affecting large-scale conversions from USDC to USD. The changes, set to impact institutional clients handling significant transaction volumes, mark a shift in the exchange’s fee policy. In an announcement published on...
Analysts Foresee a Bitcoin ETF Offering by Charles Schwab – Trillions to Enter the Market?
29.1.2024
Charles Schwab, a financial giant with $8.5 trillion in assets, has analysts speculating about the possibility of the company entering the spot Bitcoin (BTC) exchange-traded fund (ETF) market. While Charles Schwab currently offers third-party spot Bitcoin ETFs, analysts believe the company might...
New Solana Meme Coin ‘WEN’ Airdropped to 1 Million Wallets – Here’s How to Check Eligibility
27.1.2024
WEN, a new Solana meme coin, has gained significant traction after being airdropped to over a million wallets. The airdrop, which took place on Friday morning, was facilitated through the decentralized exchange (DEX) aggregator Jupiter, as part of a large-scale test of its new launchpad. Jupiter...
LBank Labs Takes Bold Step in Web3 Venture Capital: Announces Strategic Investment in Entangle
26.1.2024
LBank Labs, at the forefront of Web3 venture capital, is excited to announce its significant investment in Entangle, this strategic move is focused on bolstering Entangle’s revolutionary mission to unify Web3 communications and enhance ecosystem liquidity. Entangle stands out with...
Pontem Announces AI-powered Crypto Chatbot Following $6 Million Seed Funding Round
23.1.2024
Product development studio Pontem is launching an AI-powered chatbot dubbed Pontem.ai capable of operating like a “full-scale AI crypto assistant.” A crypto trader’s best friend According to a press release from Pontem on Tuesday, the chatbot can answer questions on emerging news...
CEO of Crypto Ponzi Scheme IcomTech Handed Five-Year Sentence
22.1.2024
The CEO of a large-scale crypto Ponzi scheme known as IcomTech has been sentenced to five years in prison and ordered to forfeit $914,000 in criminal proceeds. On January 19th, the U.S. Attorney’s Office, Southern District of New York, issued a press release stating that Marco Ruiz Ochoa...
Is It Too Late to Buy Flare? FLR Price Stays Green Despite Market Crash and BTCMTX Token Could Be Next to Pump
19.1.2024
EVM-based Layer-1 blockchain Flare has stayed green despite the small-scale market crash, leaving some eagle-eyed investors asking ‘is it too late to buy Flare’? Find out in FLR price analysis. Flare’s market defying posture appears to have been fuelled by an exciting move earlier...
Bitcoin Hash Rate Plunges Ahead of Anticipated Halving Event – Here’s the Latest
18.1.2024
The Bitcoin (BTC) hash rate experienced a significant drop of 34% as a result of a sudden freeze in Texas, causing some miners to scale back their operations due to the strain on the state’s energy grid. The development comes at a crucial time, with the anticipated halving event, where...
Egyptian Fintech Startup Zeal Secures $4 Million to Fund Expansion to New Markets
18.1.2024
The Egyptian fintech startup has revealed that it recently raised $4 million in funding via a round led by venture capital firms Raed Ventures and Cur8 Capital. CEO said the firm’s capital raise is expected to help Zeal accelerate its journey “towards utilizing AI to revolutionize...
Circle CEO Jeremy Allaire: ‘Stablecoins Are Set to Change the Financial System Forever’
17.1.2024
Jeremy Allaire, CEO of Circle, a stablecoin company, has declared that blockchain systems are the new infrastructure layer of the internet and that stablecoins are at its core, providing value that is “nearly instant, nearly free and global in scale.” Allaire believes this tech...
Google Cloud Joins Flare Network as a Validator, FLR Surges 37%
15.1.2024
Courtesy: @FlareNetworks on X Google Cloud will serve as a validator for the Flare blockchain and contributor to the Flare Time Series Oracle (FTSO), the “blockchain for data” organization announced Monday. Google Cloud to serve a dual role “Data access at scale is important...
AsiaPay Partners with BLOX to Explore Crypto Payment Solutions in Malaysia
10.1.2024
Source: Pixabay / Michael Wuensch Digital payment company AsiaPay has partnered with BLOX, a Malaysian web3 firm, to explore payment solutions around digital assets in the country. In a Jan 10 press release, the firm explained the need to look into other payment options as more sectors emerge...