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Bermuda-Licensed Relm Insurance Unveils Suite of Crypto Risk Products
3.4.2024
As well as cyber and crime markets, Relm is offering reimbursement for losses associated with staking on the Ethereum network
COTI Foundation shares insights into its white paper
3.4.2024
COTI Foundation has published a COTI V2 white paper. The focus is primarily on two aspects: blockchain encryption and decentralized sequencers. The COTI Foundation hopes that this will serve as a guide for the community in developing the lightest and quickest confidentiality layer 2 on Ethereum....
Wormhole Debuts at $3B Valuation in 617M Token Airdrop
3.4.2024
Cross-chain bridge Wormhole initiated an airdrop that will see early users rewarded with 617 million of its newly issued governance token, W
Standardization of Blockchain Data Format Enhances Interoperability Between Chains – Nick Yushkevich
3.4.2024
According to Nick Yushkevich, standardization of blockchain data formats is crucial as it enhances the interoperability of distinct protocols and fosters broader adoption of the technology. Yushkevich, the director of product at blockchain infrastructure provider Quicknode, added that such...
Galaxy Digital-Owned Crypto Custody Specialist GK8 Unveils Tokenization Wizard
3.4.2024
The first client to use the tool will be a partnership between asset manager DWS, Flow Traders and Galaxy to manage a fully collateralized euro-denominated stablecoin, GK8 said
Web3 Ride-Hailing App DRIFE to Integrate with Layer 1 Sui Blockchain
3.4.2024
By migrating to Sui blockchain, DRIFE will utilize its features including ZKlogin, which enables frictionless user interaction.
The post Web3 Ride-Hailing App DRIFE to Integrate with Layer 1 Sui Blockchain appeared first on Cryptonews
Trading Bots in Asia React to ETF Flows Data After Market Closure, Leading to Pronounced Swings
3.4.2024
Bitcoin investors in Asia are experiencing significant price swings as automated trading protocols react to flows data from US ETFs that hold the cryptocurrency.
The post Trading Bots in Asia React to ETF Flows Data After Market Closure, Leading to Pronounced Swings appeared first on Cryptonews
DeFi Exchange CrowdSwap Launches Decentralized Crypto ETF
3.4.2024
The Bull Run dETF comprise of 10 tokens including Bitcoin (BTC), Ethereum (ETH), Polygon (MATIC), Chainlink (LINK), Polkadot (DOT), among others.
The post DeFi Exchange CrowdSwap Launches Decentralized Crypto ETF appeared first on Cryptonews
ARK 21Shares Bitcoin ETF Logs $88M of Outflows, Overtaking Grayscale for First Time
3.4.2024
For the first time, outflows from Ark 21 Shares overtook Grayscale’s
Paradigm Targets Over $750 Million in Upcoming Fundraising Effort
3.4.2024
Crypto venture capital firm Paradigm is reportedly in discussions to gather between $750 million and $850 million for a new fund dedicated to crypto investments.
The post Paradigm Targets Over $750 Million in Upcoming Fundraising Effort appeared first on Cryptonews
3 Major UK Banks Bet On Blockchain Property Network With $12M Backing
3.4.2024
Lloyds Bank, Nationwide Building Society, NatWest Group, and property portal Rightmove collectively invested £10m (about $12.6m) in Coadjute, a blockchain firm focused on property transactions.
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Data Ownership Protocol Raises $162M in Token Sale
3.4.2024
Data Ownership Protocol announced it has raised $162 million in a token sale ahead of upcoming mainnet launch.
The post Data Ownership Protocol Raises $162M in Token Sale appeared first on Cryptonews
Hokkoku Bank Launches Tochika, Japan’s First Deposit-Backed Stablecoin
3.4.2024
Hokkoku Bank, a regional financial institution in the Ishikawa prefecture, launched Tochika, Japan’s first deposit-backed stablecoin. Customers of the bank will be able to purchase the currency using Tochitsuka, an app developed by Digital Platformer, that previously allowed users to earn...
Bithumb Korea Posts Disappointing Financial Figures – Despite Bumper Transaction Volumes
3.4.2024
Bithumb Korea, the operator of the Bithumb crypto exchange, has reported a year-on-year decline in profitability for the Financial Year 2023, despite recent upturns in trading volumes.
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Russian Crypto Exchange Transactions Worth $52B Last Year – Central Bank
3.4.2024
Russian crypto exchange transactions amounted to almost $52 billion in 2023, the nation’s Central Bank has revealed.
The post Russian Crypto Exchange Transactions Worth $52B Last Year – Central Bank appeared first on Cryptonews
SEC Commissioner Hester Peirce Calls Out SAB 121, Claims Agency is “Scaring People Off”
2.4.2024
SEC Commissioner Hester Peirce criticized her own agency and its controversial staff accounting bulletin, SAB 121, during Tuesday remarks at the Practicing Law Institute’s 2024 SEC Speaks event. Peirce's dissidence marks the latest dissatisfaction with the SEC's leadership, with the federal agency...
ChatGPT Now Open To All, Subject to Content Restrictions
2.4.2024
OpenAI announced on April 1 that users of its generative AI tool ChatGPT will no longer need to register an account in order to access its services, as part of its effort to offer a seamless AI experience to a global audience.
The post ChatGPT Now Open To All, Subject to Content Restrictions...
60 Percent Of Playtime In 2023 Went To 6-Year-Old Or Older Games, New Data Shows
2.4.2024
A newly released game industry report by market researcher Newzoo shows that while the PC and console market grew 2.6 percent in 2023, overall playtime decreased as gamers spent more and more time in a smaller list of old games like Fortnite and League of Legends. Read more
France’s AMF Issues Warning Against BITGET for Unauthorized Digital Asset Services
2.4.2024
AMF issued a circular on the supervision and issuance of virtual assets in the country, with BITGET on the list of those that offer crypto investments through unauthorized entities.
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Sam Bankman-Fried Issues First Statement Since Sentencing: “I Never Thought What I Was Doing Was Illegal,” ABC News Reports
2.4.2024
Former “king of crypto” Sam Bankman-Fried is speaking out following his sentencing last week - telling ABC News that he "never thought" his actions were against the law. The FTX founder is currently serving a 25 year prison sentence and must pay an $11 billion fine for his role in the now doomed...