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Blockchain Capital Doubles Down on Crypto, Launches Two Funds Totaling $580 Million
20.9.2023
Blockchain Capital, a venture capital fund for cryptocurrency builders, has announced the closing of two funds that together total $580 million. The fundraiser, the largest one of the company in its ten years of existence, reveals the interest of investors in the blockchain sector as a source...
Fraud Investigation of Crypto Exchange JPEX Triggers Trading Halt, Arrests, Increased Regulatory Scrutiny
20.9.2023
A fraud investigation of cryptocurrency exchange JPEX in Hong Kong has led to the shutdown of some trading activities on the platform, the arrest of multiple people, and increased regulatory scrutiny of the entire crypto sector. “This incident highlights the importance that when investors want...
A Year After Ethereum Merge, Net Supply Down Nearly 300K Ether
15.9.2023
Ethereum's tokenomics exhibit deflationary tendencies one year after the pivotal proof-of-stake upgrade
Ethereum Merge anniversary — 99% energy drop but centralization fears linger
15.9.2023
Energy use is down, and staking is up, but technical concerns still mark the road ahead for the second-largest cryptocurrency by market cap
North Korean crypto hacks down 80% but that could change overnight: Chainalysis
15.9.2023
Crypto bad actors from the DPRK have stolen $340.4 million in 2023, down from $1.7 billion from the prior year, but that's no reason to feel at ease
Nintendo Is Doubling Down On Mario Games After The Super Mario Movie
14.9.2023
If it feels like Nintendo has put a ton of Mario on the menu lately, there’s a clear explanation for the boom of Italian-American fare—and it’s not that the Feast of San Gennaro is coming up. Not long after its April debut, The Super Mario Bros. Movie became the highest-grossing film of the year...
Genesis announces winding down of crypto trading services
14.9.2023
In January, Genesis Global Capital announced it would eliminate its crypto spot trading services “voluntarily and for business reasons” without additional details
Ethereum Hard Fork Coin ETHW Down More Than 95% Since The Merge
13.9.2023
Nearly a year after Chandler Guo — the instigator of the Ethereum blockchain’s last hard fork — predicted its rise, the native coin of the breakaway Ethereum proof-of-work blockchain has plummeted by more than 95%. Ethereumpow (ETHW) now trades at a price less than 1% of...
The Protocol: The CFTC Is Cracking Down on Crypto
13.9.2023
The U.S. Commodity Futures Trading Commission placed a trio of decentralized crypto platforms into its crosshairs last week. An aggressive set of charges from the CFTC – which zeroed in on how the trading platforms handle certain kinds of third-party token swaps – contrasted with the regulator’s...
Ripple is staring down an opportunity to fix its closed system
12.9.2023
Ripple Labs built its XRP token on a centralized system. But with legal action against Ripple coming to a close, it could move toward a more open platform
Coinbase Cloud and Kiln ‘Unlock’ Native Ethereum Staking: No More 32 ETH Minimum
12.9.2023
Coinbase Cloud and blockchain infrastructure company Kiln are now allowing ethereum (ETH) users to stake any amount of ether natively. The new offering removes the previous 32 ETH minimum staking requirement. Staking for All: Coinbase Cloud and Kiln Break Down Minimum Barriers With the integration...
Toyota Had To Shut Down 14 Factories After PCs Ran Out Of Hard Drive Space
11.9.2023
In August, Toyota was forced to shut down over a dozen auto plants in Japan due to unspecified computer problems. Some theorized it was a cyberattack of some kind, but Toyota denied this and has now revealed what actually happened: Its computers ran out of disk space and everything broke. Read more
Solana falls 6% amid fears of FTX dump — but there's a catch
11.9.2023
The price of Solana has plunged as the market fears a large FTX sell-off, however, it seems unlikely that the now-defunct exchange will dump all of its holdings at once
3 reasons why Pepe price will continue to fall in September
10.9.2023
A mix of on-chain, fundamental, and technical indicators hint at a continuing Pepe price decline ahead
CFTC Cracks Down on 3 Defi Platforms for Offering Illegal Derivatives
9.9.2023
The U.S. Commodity Futures Trading Commission (CFTC) has issued orders against the operators of three decentralized finance (defi) protocols. The regulator accused them of committing various violations of commodity laws including illegal trading of digital asset derivatives. U.S. Commodities...
CTFC cracks down on DeFi protocols Opyn, ZeroEx and Deridex
8.9.2023
The commodities regulator handed out fines of $250,000, $200,000, and $100,000 respectively to the three firms in addition to cease and desist orders
Crypto Market-Making Profit Margins Take a Hit, Down 30% Amid Industry Changes
6.9.2023
The once-lucrative business of market-making in crypto, facilitating trades and profiting from the spread between buying and selling prices, has faced headwinds recently.
One major factor contributing to this decline is the heightened caution among investors following the crypto market's downturn...
Ethereum Price Prediction as Bears Push ETH Down to $1,600 – Time to Buy the Dip?
6.9.2023
The Ethereum price has risen slightly to $1,629 today, representing a 0.5% increase in the past 24 hours and a 5% loss in the last seven days.
ETH has been one of numerous major tokens to have fallen over the past week as the market continues to struggle with ongoing macroeconomic uncertainty...
Base suffers first major outage since launch
6.9.2023
Block production on Base abruptly halted for 43 minutes as developers rushed to implement a fix
80 Chinese crypto influencer accounts shut down in latest crackdown
5.9.2023
The accounts had over 8 million in combined followers before they were removed