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Bybit Expands Global Presence With VASP Registration by the National Bank of Georgia
6.11.2024
Bybit has announced its registration as a Virtual Asset Service Provider (VASP) by the National Bank of Georgia, marking a significant step in the company’s commitment to regulatory compliance in the country. This registration aligns with Bybit’s global compliance strategy, which...
Bitfufu Reports Q3 Revenue Increase of 47.5% Year Over Year
6.11.2024
Nasdaq-listed cloud mining services company Bitfufu has announced its unaudited financial results for the third quarter of 2024, revealing a total revenue of $90.3 million, a 47.5% increase from $61.2 million in the same period last year. The company’s cloud-mining solutions saw even more...
MARA Reports 2% Increase in Bitcoin Mining for October 2024; Transaction Fees Account for 5% of Total Production
5.11.2024
MARA (NASDAQ: MARA) has released its unaudited Bitcoin production update for October 2024, reporting a total production of 717 Bitcoin, which represents a 2% increase compared to the previous month. The company’s energized hash rate increased by 14% to reach 40.2 EH/s, marking the highest...
Kraken Completes 2024 Proof of Reserves, Verifying Over $21.5 Billion in Client Assets
5.11.2024
Kraken has announced the completion of its 2024 Proof of Reserves, an independent verification process conducted by a third-party accountant. This procedure allows clients to confirm that their account balances are fully backed by onchain assets. The latest attestation, which became available...
Certik Web3 Security Quarterly Report: $688 Million Lost in Q2 2024, Totaling Over $1.19 Billion in H1 2024
4.11.2024
The latest Certik Web3 Security Quarterly Report reveals alarming statistics for the second quarter of 2024, with a staggering $688 million lost across 184 on-chain security incidents, marking a 37% increase in value lost compared to the previous quarter. Phishing attacks emerged as the most costly...
Kraken Launches Licensed Broker Offering for Australian Wholesale Clients, Expanding Access to Crypto-Based Derivatives
4.11.2024
Kraken has announced the launch of a licensed broker offering specifically designed for Australian wholesale clients, providing access to a range of crypto-based derivatives products. This new service allows eligible clients to manage risk and gain exposure to cryptocurrency price movements without...
Crypto.com Acquires SEC-Registered Broker-Dealer Watchdog Capital to Expand US Trading Offerings
1.11.2024
Crypto.com announced on Thursday the acquisition of Watchdog Capital, LLC, a broker-dealer registered with the SEC and a member of FINRA and SIPC. This acquisition will allow Crypto.com’s new subsidiary to offer equities and equity options to eligible traders in the U.S. CEO Kris Marszalek...
Bitdeer Unveils Next-Gen Bitcoin Mining Machines Featuring Its Own Chip and Air and Hydro-Cooling Innovations
1.11.2024
Nasdaq-listed Bitdeer announced the launch of its second-generation Bitcoin mining machine, the SEALMINER A2 series, on October 31, 2024. The new machines feature a power efficiency ratio of 16.5J/TH, with the air-cooled model achieving a hashrate of 226TH/s and the hydro-cooled model reaching...
Dydx CEO Announces Layoffs of 35% of Core Team Amid Strategic Shift
30.10.2024
Dydx, the decentralized finance platform, has announced a significant restructuring, with CEO Antonio Juliano revealing the difficult decision to lay off 35% of its core team as part of a strategic shift to align with the company’s evolving goals. In a heartfelt blog post, Juliano...
Ethereum Founder Vitalik Buterin Donates Over $1 Million to Ukrainian Humanitarian Non-Profits
30.10.2024
On Tuesday, Ethereum founder Vitalik Buterin made a significant contribution of 400 ETH, valued at over $1 million, to four Ukrainian humanitarian non-profits. This donation was facilitated by swapping ETH from meme coins, showcasing the potential of cryptocurrency for philanthropic efforts. Among...
Infinex Raises $67.7M in Patron NFT Sale to Usher in ‘Post-CEX Era’
29.10.2024
Decentralized finance (defi) platform Infinex has announced the completion of a $67.7 million NFT sale, backed by leading founders, foundations, funds, and communities across the blockchain ecosystem. The fundraise positions Infinex to usher in the “post-CEX (centralized exchange) era”...
Emory University Holds Over $16M in Bitcoin ETFs and Coinbase Shares
29.10.2024
Emory University has disclosed ownership of over $15 million in shares of the Grayscale Bitcoin Mini Trust, according to a recent filing with the U.S. Securities and Exchange Commission. This announcement marks Emory as the first American endowment to publicly report exposure to bitcoin....
Ethereum Founder Vitalik Buterin: ‘The Splurge’ Seeks to Bring the EVM to an ‘Endgame State’
29.10.2024
Ethereum founder Vitalik Buterin has unveiled his ambitious roadmap titled “The Splurge,” which aims to enhance the Ethereum Virtual Machine (EVM) and bring it to a stable and performant “endgame state.” The initiative focuses on several key goals, including the integration...
Chainlink Data Streams Now Live on BNB Chain’s Layer-2
28.10.2024
Chainlink has launched its Data Streams on BNB Chain’s Layer-2 solution, enhancing the capabilities of decentralized finance applications within the ecosystem. This integration provides developers with access to real-time, high-frequency market data, enabling them to build more efficient...
1inch to Feature Hong Kong Kung Fu Legend Bruce Lee in Video and NFT Campaign
28.10.2024
1inch Network has announced a long-term partnership with the Bruce Lee Family Company, aimed at fostering the adoption of decentralized finance and Web3 under the slogan “Take crypto seriousLee.” This collaboration celebrates the legacy of Bruce Lee, whose iconic “one-inch punch” inspired the name...
Ledn’s Lending Leap: Record $1.67 Billion in Loans Signals Institutional Confidence in Digital Assets
23.10.2024
Ledn, a crypto lending platform, has announced $1.67 billion in loans processed year-to-date (YTD) as of Q3 2024, marking a milestone since its inception in 2018. This total includes $258.7 million in retail loans and $1.41 billion in institutional loans, with Q3 alone accounting for over $506...
Bitfufu Expands to Africa: Acquires 80MW Bitcoin Mining Facility in Ethiopia
23.10.2024
Nasdaq-listed cloud mining services company Bitfufu has announced an agreement to acquire a majority stake in an 80-megawatt (MW) Bitcoin mining facility in Ethiopia. This strategic move marks a significant shift for the company as it transitions from an asset-light strategy to managing a diverse...
Bitcoin Staking Protocol Solv Integrates Liquid BTC With Solana’s Defi Ecosystem
18.10.2024
The Solv Protocol has announced the integration of Liquid Bitcoin (LST) into Solana’s decentralized finance (Defi) ecosystem through its new product, Solvbtc.JUP. This initiative allows Bitcoin holders to participate in yield generation by depositing BTC or Wrapped BTC to mint Solvbtc, which...
Stripe Doubles Down on Stablecoin Market, Reportedly in Advanced Talks to Acquire Bridge for $1 Billion
18.10.2024
Payments giant Stripe is in advanced discussions to acquire the San Antonio-based stablecoin platform Bridge for $1 billion, according to reports by Bloomberg and Forbes. Founded by former Coinbase employees Zach Abrams and Sean Yu, Bridge specializes in enabling businesses to create, store,...
Sam Altman Rebrands Biometric ID Project Worldcoin to World as Mainnet Launches
18.10.2024
At an event in San Francisco, co-inventors Alex Blania and Sam Altman unveiled significant updates to their project, now known as the World Network. Among the five key announcements was the introduction of a new generation Orb, designed to enhance the efficiency of World ID proof of human...