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Hut 8 Faces Multiple Lawsuits From Shareholders Following Stock Crash
7.3.2024
A class action securities lawsuit was filed against Hut 8 Corp., seeking to recover the losses of shareholders who were adversely affected by alleged securities fraud between November 9, 2023, and January 18, 2024.
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Fireblocks Prepares for Bull Market by Adding New Executive After New CFO Hire
7.3.2024
Chief marketing officer Michal Ferguson joins from cybersecurity platform Snyk, following the appointment of new CFO Michael Levine, and chief customer officer Madan Gadde
Tether and Republic of Uzbekistan sign MoU to foster innovation
7.3.2024
Tether announced signing a Memorandum of Understanding (MoU) with NAPP, the National Agency of Perspective Projects in the Republic of Uzbekistan. The objective is to foster innovation, boost the adoption of blockchain, and make the region a hub for peer-to-peer technology. The move underscores...
Bitcoin’s Hash Price Soars as Average Network Fees Spike by 288%
7.3.2024
According to the latest data, bitcoin has been trading above the $67,000 mark, with average network transaction fees experiencing a 288% increase from $3 to $11.64 since Feb. 25, 2024. Meanwhile, BTC has consistently stayed over the $60,000 level for eight straight days, elevating the daily value...
Crypto Wallet SafePal Ventures Into Banking With New USDC Visa Card
7.3.2024
Users can create individually owned and compliant bank accounts and use USDC stablecoins as the default deposit currency
Pantera Looks to Purchase Discounted Solana Tokens With New Fund: Bloomberg
7.3.2024
Prices of Solana’s SOL are up nearly 600% over the past year, CoinGecko data shows
Avalanche becomes an L0 network with Teleporter
7.3.2024
Avalanche has transformed into an interconnected network of multiple chains, facilitated by an exceptional communication system that imparts the illusion of a unified chain, following the implementation of Teleporter. Avalanche’s conventional messaging protocol and Avalanche Warp Messaging...
Entry of Tradfi Institutions Can Help Reshape User Perceptions Towards Crypto — Sami Start
7.3.2024
The recent adoption of cryptocurrency by traditional financial (tradfi) institutions is likely to reshape user perceptions of this asset class and may even foster broader acceptance of blockchain technology, Sami Start, co-founder and CEO of the crypto trading platform Transak, has argued. Start...
Solana DEX Trading Volume Reaches Record $2.85 Billion, Up Over 150% in Past Week
7.3.2024
The DEX trading volume on the Solana blockchain has skyrocketed, surpassing the $2 billion mark for four consecutive days, with a record-breaking trading volume of $2.85 billion achieved on March 5.
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Figment, Apex to List Ether and Solana Staking ETPs on SIX Swiss Exchange
7.3.2024
Interest in ETH and SOL has increased substantially over the past few months and the ETPs will contribute to greater access to staking rewards for a wide audience, Figment said
Navigating the Wormhole Airdrop: Defi’s Next Big Token Drop Explained
7.3.2024
Wormhole, a platform fostering blockchain interoperability within decentralized finance (defi), has unveiled plans for an airdrop of its proprietary token, W. The initiative is part of the protocol’s broader aim toward progressive decentralization, rewarding dedicated users and developers...
SEC Commissioners Criticize Agency’s Crypto Enforcement Strategy Following ShapeShift Settlement
7.3.2024
SEC Commissioners Hester Peirce and Mark Uyeda voice concerns over the lack of clarity in crypto regulations after ShapeShift’s recent settlement of $275,000.
The post SEC Commissioners Criticize Agency’s Crypto Enforcement Strategy Following ShapeShift Settlement appeared first on Cryptonews
Figment, Apex Group to List Ethereum, Solana ETPs on SIX Swiss Exchange Next Week
7.3.2024
Figment Europe Ltd, a provider of institutional staking infrastructure, and Apex Group are planning to list two new exchange-traded products (ETPs) on the SIX Swiss Exchange on 12 March.
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BlockFi to Receive $874.5 Million From Settlement with FTX and Alameda Research
7.3.2024
BlockFi reaches a settlement with FTX and Alameda Research, securing $874.5 million for customer compensation, setting the stage for significant progress in its bankruptcy resolution process.
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French Cryptography Startup Zama Raises $73M for Blockchain, AI Privacy Apps
7.3.2024
French cryptography startup Zama has raised $73 million in a Series A funding round led by Multicoin Capital, Protocol Labs and participation from well-known crypto players such as Polkadot co-founder Gavin Wood, and Solana co-founder Anatoly Yakovenko.
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Cryptography Firm Zama Raises $73M for 'Fully Homomorphic Encryption' Apps
7.3.2024
The funding found was led by Multicoin Capital and Protocol Labs and included participation from Solana co-founder Anatoly Yakovenko and Ethereum and Polkadot co-founder Gavin Wood. The 'FHE' technology allows for processing of encrypted data, useful for privacy in blockchain and AI
Hut 8 Closes Bitcoin Mining Facility Due to Power Disruptions and Rising Energy Costs
7.3.2024
Hut 8, a Bitcoin mining company, has announced the closure of its mining site in Drumheller, Alberta, Canada, citing power disruptions and rising energy costs as significant factors.
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Protocol Village: Burnt Banksy Launches XION Blockchain, With USDC as Primary Currency
7.3.2024
The latest in blockchain tech upgrades, funding announcements and deals. For the period of March 7-March 13
Binance Receives Cyber Security Professional Award from Hong Kong Authorities
6.3.2024
The Hong Kong government recognized Binance with the Cyber Security Professional Merit Award, highlighting its efforts to safeguard users in the dynamic Web3 landscape.
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Behnam Reiterates Call for Congressional Action on Crypto Regulation During House Committee Hearing
6.3.2024
Rostin Behnam, Chairman of the Commodity Futures Trading Commission (CFTC), has reiterated his call for Congress to pass legislation clarifying cryptocurrency regulation. The call for congressional action was presented during Wednesday's hearing before the House Agriculture Committee.
The post...