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Bitcoin Crosses One Billion Transactions After 15 Years
6.5.2024
Over a decade after its creation in 2009, Bitcoin achieves a major milestone by processing its one-billionth transaction as its price rebounds to $64,000 level.
The post Bitcoin Crosses One Billion Transactions After 15 Years appeared first on Cryptonews
Crypto venture capital funding hits $1B for second straight month
6.5.2024
It is the first time since late 2022 where the industry has recorded two consecutive funding months above $1 billion
Bitcoin reaches one billion transactions
6.5.2024
An average of 178,475 daily transactions have been made on Bitcoin in its 5,603 day existence
BTC-e founder pleads guilty in $9 billion laundering conspiracy
4.5.2024
A federal district court judge will determine his sentence in accordance with the U.S. Sentencing Guidelines and other statutory factors
Chinese AI Startups Take on Industry Giant OpenAI
4.5.2024
A new wave of AI startups in China is rising to challenge OpenAI's dominance in the generative AI market. With ChatGPT unavailable in China, companies like Zhipu AI, Moonshot AI, and MiniMax are developing AI systems for content creation, attracting major...
Venture capital pours $2.4B into crypto startups in early 2024
3.5.2024
Investments in the first quarter were influenced by innovation in areas like restaking, modularity, Bitcoin layer-2 solutions, and macroeconomic factors
Kraken Unit CEO Predicts Hong Kong Crypto ETFs to Surpass $1 Billion AUM by 2024
3.5.2024
The CEO of CF Benchmarks predicts that crypto ETFs in Hong Kong will overcome their lackluster start and accumulate over $1 billion in AUM by the end of 2024.
The post Kraken Unit CEO Predicts Hong Kong Crypto ETFs to Surpass $1 Billion AUM by 2024 appeared first on Cryptonews
Coinbase Reports Impressive Q1 Revenue of $1.6 Billion, Up 72% Quarter-on-Quarter
3.5.2024
Coinbase has reported a remarkable revenue of $1.6 billion in the first quarter of the year, representing a substantial 72% increase compared to the previous quarter.
The post Coinbase Reports Impressive Q1 Revenue of $1.6 Billion, Up 72% Quarter-on-Quarter appeared first on Cryptonews
Tether Q1 2024 Attestation Reveals Record $4.52 Billion Profits
3.5.2024
Tether, one of the largest cryptocurrency companies, has recently released an attestation of its financial activity corresponding to Q1 2024. Tether registered a record-breaking $4.52 billion in profits, and disclosed its net equity levels, reporting $11.37 billion as of March 31, 2024. Tether...
Microsoft pours $2.2 billion into Malaysia for cloud and AI expansion
2.5.2024
In its statement, Microsoft will collaborate with Malaysia to establish a national AI Center of Excellence and enhance cybersecurity capabilities
Tether Holdings Reports Record $4.52 Billion Net Profit in Q1 2024 for USDT Stablecoin
2.5.2024
Tether's net equity stood at an impressive $11.37 billion as of March 31, a substantial increase from the previous record of $7.01 billion worth of equity at the end of the quarter in December 2023.
The post Tether Holdings Reports Record $4.52 Billion Net Profit in Q1 2024 for USDT Stablecoin...
Defi’s TVL Declines by $10 Billion in April Despite Growth in Bitcoin and Newer Blockchains
2.5.2024
The total value locked (TVL) in decentralized applications (defi) experienced a 7% decrease, dropping $10 billion in April, with defi’s ecosystem ending the month at $138.6 billion despite a widespread outflow of funds from several blockchains, such as a significant drop in Avalance...
Tether nets record $4.52 billion profit in Q1 2024 — majority from Bitcoin and gold
1.5.2024
The majority, or $3.52 billion of the profit, stemmed from the firm’s financial gains on Bitcoin and gold, while the additional $1 billion came from operating profits
RWA Tokenization Protocols Experience Explosive Growth, Surpassing $8 Billion in TVL
1.5.2024
Real-world asset (RWA) tokenization protocols have witnessed a remarkable surge over the past year, with the total value locked (TVL) in the sector reaching a new milestone.
The post RWA Tokenization Protocols Experience Explosive Growth, Surpassing $8 Billion in TVL appeared first on Cryptonews
Real-World Assets Hits New Peak With $8 Billion Locked, Reports Messari
1.5.2024
The total value locked (TVL) in real-world asset (RWA) tokenization protocols has seen a remarkable surge of almost 60% since February, reaching a new high of almost $8 billion as of April 26, according to a report by blockchain analytics and research firm Messari. This growth is attributed to...
RWA protocols are closing in on $8B total value locked: Messari
1.5.2024
The TVL across real-world asset tokenization protocols has surged almost 60% since February, says blockchain analytics firm Messari
Terraform Labs And Do Kwon Push For $1 Million SEC Fine Opposed To $5.8 Billion Demanded After Terra-Luna Crash
30.4.2024
Lawyers for Terraform Labs and its founder Do Kwon are pushing for a fine of $1 million as opposed to the United States Securities and Exchange Commission (SEC)’s proposed $5.3 billion, new court docs reveal. Kwon and the crypto company were found liable for the Terra-Luna collapse by a jury trial...
Lido Finance Just Hit 1M Validators, But Can DeFi Really Take Over TradFi?
29.4.2024
Lido Finance reaches a major milestone with 1 million Ethereum validators, solidifying its position as the largest DeFi protocol. The growth of liquid staking protocols like Lido is fueling DeFi expansion, raising concerns about centralization and the potential disruption of traditional financial sy...
Crypto on track to hit 1 billion users by end of 2025: Analyst
29.4.2024
More conservative estimates, from the likes of the Boston Consulting Group, predict that the crypto industry will reach its first billion users by 2030
Bitcoin ETF hits Australia after $53 billion grab
29.4.2024
The Australian finance market is prepared to witness a surge in Bitcoin exchange-traded fund (ETF) launches, similar to those in the US and Hong Kong. The country’s major players, including Van Eck Associates and BetaShares Holdings, are preparing to list their Bitcoin ETFs on the Australian...