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Bitwise: Bitcoin Will Have ‘a Great Next 12 Months’

22.4.2024
Bitwise Asset Management expects bitcoin to have a great next 12 months. A Bitwise researcher has explained that the cryptocurrency will likely continue to test its “higher highs” this year and next. He considers regulatory risk to be the primary concern for bitcoin. ‘I Think...

Bitwise CEO sees rise in Wealth Firm Bitcoin ETF investments

22.4.2024
Bitwise CEO Hunter Horsley recently forecasted a substantial increase in the holdings of Bitcoin ETFs among wealth management companies by the end of 2024, highlighting rising confidence in crypto as a profitable investment even during the current market shifts. Based on the reports on CoinGape...

Crypto Payments Firm Triple-A Includes PayPal’s Stablecoin in Payment Options for Customers

19.4.2024
Singapore-based payments company Triple-A has announced plans to integrate PayPal's stablecoin into its list of supported tokens for customer payments. The post Crypto Payments Firm Triple-A Includes PayPal’s Stablecoin in Payment Options for Customers appeared first on Cryptonews

Yuga Labs Sells IP Rights of Two NFT Games in Strategic Move – Here’s the Latest

19.4.2024
Yuga Labs, the creator of the Bored Ape Yacht Club (BAYC) NFTs, has sold the IP rights of two of its games, Legends of the Mara and HV-MTL, to Web3 gaming firm Faraway. The move is part of a strategic restructuring effort to refocus the organization. Simultaneously, Yuga Labs' chief gaming officer...

Crypto Wealth Management Firm Abra Launches New Platforms for Private Clients

18.4.2024
Crypto wealth management firm Abra said it has launched the “Abra Prime” and “Abra Private” platforms for private clients and received approval from the U.S. Securities and Exchange Commission to operate as an investment advisor The post Crypto Wealth Management Firm Abra Launches New Platforms...

Cyprus SEC Extends FTX Europe’s License Suspension Until September 2024

17.4.2024
Explore the latest developments surrounding FTX Europe as CySEC extends its license suspension. Entangled in legal disputes and financial woes, the crypto firm must fulfill existing obligations while navigating an uncertain future. The post Cyprus SEC Extends FTX Europe’s License Suspension...

DeFi Firm Usual Labs Raises $7M Round Led by Kraken Ventures and IOSG Ventures

17.4.2024
The firm has received a commitment of $75 million in total value locked for the launch of its stablecoin USD0

EY Launches Ethereum-Based Blockchain Tool to Simplify Business Agreements

17.4.2024
Accounting firm EY launched an Ethereum-based blockchain solution on Wednesday. It aims to help businesses execute complex agreements, reduce costs, and maintain security. The post EY Launches Ethereum-Based Blockchain Tool to Simplify Business Agreements appeared first on Cryptonews

Microsoft Invests $1.5 Billion Into AI Firm in the UAE

17.4.2024
Microsoft gave G42, an artificial intelligence (AI) startup with headquarters in the United Arab Emirates (UAE), $1.5 billion. As part of Microsoft's AI investment ambitions to bolster and fortify its position in the AI market. The post Microsoft Invests $1.5 Billion Into AI Firm in the...

Largest U.S. Crypto ATM Firm Reports No Impact on Revenues Despite Bitcoin Price Volatility

16.4.2024
Even during extreme volatility in Bitcoin prices, Bitcoin Depot's revenues remained steady and unaffected. The post Largest U.S. Crypto ATM Firm Reports No Impact on Revenues Despite Bitcoin Price Volatility appeared first on Cryptonews

DOJ Pulls Back from Choosing NY Law Firm for Binance Oversight, Citing FTX Connections

16.4.2024
The Department of Justice is reportedly reconsidering its selection of a prominent New York law firm to handle a critical assignment related to Binance, due to the firm's prior work for rival exchange FTX. The post DOJ Pulls Back from Choosing NY Law Firm for Binance Oversight, Citing...

Winklevoss Twins Invest $4.5M in Crypto Podcaster Peter McCormack’s Football Club

15.4.2024
Winklevoss Capital, an investment firm founded by the twin brothers Cameron and Tyler Winklevoss has invested $4.5 million in a non-league football club which is owned by crypto podcaster Peter McCormack. The post Winklevoss Twins Invest $4.5M in Crypto Podcaster Peter McCormack’s Football...

Hong Kong-Listed Bitcoin ETFs Could Unlock Up to $25B in Demand, Crypto Firm Says

12.4.2024
Singapore-based Matrixport expects mainland Chinese investors to move billions into potential Hong Kong-listed spot BTC ETFs through the Stock Connect program

Crypto Tax Law Firm Accuses Ex-Employee of Stealing Secrets for YouTube Videos

11.4.2024
A law firm specializing in crypto taxes sued a competitor and a former employee, alleging misappropriation of confidential materials through YouTube videos. The post Crypto Tax Law Firm Accuses Ex-Employee of Stealing Secrets for YouTube Videos appeared first on Cryptonews

Sapien AI Raises $5M for Blockchain Data Labeling Platform

10.4.2024
Artificial intelligence firm Sapien AI has raised $5 million in a seed funding round with participation from Primitive Ventures, Animoca Ventures, Ravikant Capital, and Yield Guild Games. The post Sapien AI Raises $5M for Blockchain Data Labeling Platform appeared first on Cryptonews

Venture Firm A16z Releases Jolt, a 'Zero-Knowledge Virtual Machine'

9.4.2024
The release is the product of a16z's first foray into deep tech research

Japanese Firm Metaplanet to Add $659M in Bitcoin to Its Treasury, Shares Soar 90% in Response

9.4.2024
According to the latest figures, Metaplanet, a company listed on the Japanese stock exchange, witnessed its share price soar by nearly 90% in just one day. This significant jump came on the heels of the company’s announcement regarding its intention to incorporate 1 billion yen in bitcoin...