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Tether Buys $200M Majority Stake in Brain-Computer Interface Company Blackrock Neurotech
29.4.2024
The investment will fund the roll-out and commercialization of the company's medical devices
What’s at Stake for Crypto in India As the World’s Largest Democracy Is in the Midst of Its National Election?
24.4.2024
India’s general election in 2024 is not expected to immediately affect crypto policy, and its current – restrictive – rules are expected to continue on through the upcoming Parliamentary term
Short Sellers Target Bitcoin Miners as Reward Halving Nears, $2 Billion at Stake
15.4.2024
A recent report highlights that the collective short interest in stocks from 15 bitcoin mining companies has approached the $2 billion mark. The performance of these mining stocks has declined compared to their stronger start earlier this year, coinciding with the proximity of just 663 blocks...
Solana Developers Test Congestion Fixes in Testnet, Introduce Measures to Prioritize Traffic
14.4.2024
Anza, a collective of developers focused on the Solana blockchain, has produced a fix that aims to reduce the congestion that the network has been experiencing. The new version of Solana, now being tried in testnet, includes a feature called stake-weighted quality of service (SWQOS), that...
ICB Network Layer-1 Blockchain Premiere: Pioneering Innovations, Strategic Partnerships, and Advancements
13.4.2024
ICB Network, launched on April 1, 2024, is an innovative Layer-1 Blockchain project. It has established novel benchmarks for efficiency, security, and scalability across the blockchain ecosystem. Implementing the Proof of Stake (PoS) consensus mechanism is at the core of the platform’s...
Is Near Protocol About to Crash? NEAR Price Drops 4% as Focus Turns to Novel Learn to Earn Protocol
11.4.2024
As the market prepares for Bitcoin’s halving, NEAR Protocol’s NEAR token has fallen 7% over the last week to change hands at around $7. The dip comes despite market-wide price appreciation for most leading cryptocurrencies. NEAR Protocol is a Proof of Stake (PoS) blockchain that...
South Korea’s April 10 Election: What’s at Stake for the Crypto Universe
9.4.2024
On April 10, 2024, South Korea is heading into its legislative polls which will see multiple parties and coalitions battle it out for 300 seats in the national assembly and political analysts say it will be difficult for either party to get a majority, making any group of voters, including crypto...
dYdX Community Votes to Stake $60 Million for Network Security Boost – Here’s What You Need to Know
8.4.2024
The dYdX community has voted to stake 20 million dYdX tokens, worth around $60 million at the time of publication, using Stride's staking service for Cosmos blockchains.
The post dYdX Community Votes to Stake $60 Million for Network Security Boost – Here’s What You Need to Know appeared...
Consensys to SEC: Recognize the Advanced Safeguards Inherent in Ethereum’s Design
31.3.2024
Consensys has told the U.S. Securities and Exchange Commission that Ethereum’s proof of stake implementation “meets and even exceeds the security of Bitcoin’s Proof of Work (PoW).” The blockchain software company said the commission should recognize the advanced safeguards...
Grayscale Launches Proof-of-Stake Investment Fund for Accredited Millionaires
30.3.2024
Grayscale, a prominent digital asset management firm, has unveiled plans to launch a "dynamic income fund" dubbed GDIF, focused on investing in proof-of-stake tokens for millionaire investors.
The post Grayscale Launches Proof-of-Stake Investment Fund for Accredited Millionaires appeared first...
FTX Strikes Deal to Offload Two-Thirds of Anthropic Stake for $884M
26.3.2024
Bankrupt crypto exchange FTX agreed to sell the majority of its shares in AI startup Anthropic for $884m, according to court filings from Friday.
The post FTX Strikes Deal to Offload Two-Thirds of Anthropic Stake for $884M appeared first on Cryptonews
Web3 Platform Friend.tech Transforms Ownership, Shares Stake with Users
24.3.2024
Friend.tech, a social platform leveraging Web3 technology, has proposed a new ownership model by offering its shares to its users.
The post Web3 Platform Friend.tech Transforms Ownership, Shares Stake with Users appeared first on Cryptonews
Saudi Investors Barred from FTX’s Anthropic Stake Sale Over National Security Concerns
23.3.2024
AI startup Anthropic will not accept investments from Saudi Arabia in the sale process of 8% of its shares as part of FTX's bankruptcy proceedings.
The post Saudi Investors Barred from FTX’s Anthropic Stake Sale Over National Security Concerns appeared first on Cryptonews
Bankers Are Lining Up Buyers for FTX’s 8% Stake in AI Startup Anthropic: Report
22.3.2024
FTX’s slice of artificial intelligence firm Anthropic is up for sale, and global investors including sovereign wealth funds are lining up for the chance to purchase the shares, according to a new report from CNBC citing unnamed sources
Polygon PoS Sidechain Implements Napoli Hard Fork, Adding Support for Upgrades Included in Dencun
21.3.2024
The Polygon Proof-of-Stake (PoS) sidechain has successfully executed the Napoli hard fork, making it the first network to support RIP-7212.
The post Polygon PoS Sidechain Implements Napoli Hard Fork, Adding Support for Upgrades Included in Dencun appeared first on Cryptonews
Stake DAO Uses Chainlink CCIP for Cross-Chain SDT Transfers
20.3.2024
Stake DAO has announced the inclusion of Chainlink’s Cross-Chain Interoperability Protocol (CCIP) to allow for smooth transfers of its native token, SDT, across other blockchain networks, marking a significant step toward interoperability. The formation of this strategic alliance signifies...
Fidelity Incorporates Staking in Spot Ethereum ETF Offering to Boost Fund’s Income
19.3.2024
On March 18, the financial behemoth Fidelity Investments updated its application for a spot ethereum exchange-traded fund (ETF) to encompass staking capabilities. The firm, Fidelity, has made it known that the sponsor might “from time to time” opt to “stake a portion of...
Stride’s new staking protocol raises dYdX stake: A new economic boom
19.3.2024
To help secure its network, the multichain liquid staking protocol Stride is encouraging the dYdX community to stake 20 million DYDX ($67 million) from its community pool using Stride 2. A revolutionary measure has been taken to enhance the economic security of members of the dYdX community...
COPA vs Wright: What’s at Stake as Satoshi’s Identity Trial Ends?
13.3.2024
Craig Wright, an Australian national, stepped forward in 2016 and claimed to be the progenitor of Bitcoin, Satoshi Nakamoto. In an effort to establish his identity, he presented the BBC with evidence in the form of cryptographic keys. The controversial keys were associated with the identical blocks...
COPA v. Wright: What's at Stake as the Trial to Determine Satoshi's Identity Wraps Up
12.3.2024
The Crypto Open Patent Alliance and Craig Wright will present their closing arguments this week in a case debating whether Wright is indeed Satoshi Nakamoto