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Kelp DAO Secures $9 Million in Private Sale to Boost Defi Expansion
24.5.2024
Kelp DAO, a liquid restaking platform, has completed a private funding round, amassing $9 million to propel its growth in the decentralized finance (defi) sector. The funding aims to enhance the platform’s capabilities and expand into new ecosystems, including Solana and Bitcoin. Restaking...
Indian Central Bank RBI Warns Retail Investors of Crypto’s Lack of Accountability and Stability
24.5.2024
The Reserve Bank of India (RBI)’s May 2024 bulletin warns retail investors that “the crypto ecosystem lacks accountability and stability and is marked by regulatory ambiguity.” The Indian central bank also cautioned that some cryptocurrency systems may be “prone to crisis...
Crypto Infrastructure Firm Ramp Network Secures Ireland Registration
23.5.2024
It plans to make Ireland its European headquarters and secure a license as a Crypto Asset Service Provider
8 AI Chatbots Predict Precious Metals Year-End Prices: Gold at $2,800, Silver at $42
22.5.2024
In recent months, our newsdesk has been testing the use of artificial intelligence (AI) chatbots to forecast bitcoin prices by the end of 2024 at specific intervals throughout the year. This time, we’ve changed our approach by employing the same generative AI chatbots to project the year-end...
US Spot Bitcoin ETFs See $305M in Inflows; Blackrock’s IBIT Dominates
22.5.2024
U.S. spot bitcoin exchange-traded funds (ETFs) saw an influx of $305.7 million on Tuesday, marking a seventh consecutive day of positive inflows. According to data, Blackrock’s IBIT led the day, capturing 94.86% of the total inflows for all the ETFs. Tuesday Sees $305M in Inflows Into U.S....
Prosecutors Recommend 5-7 Year Sentence for Former FTX Executive Ryan Salame
22.5.2024
Prosecutors have proposed a prison term of five to seven years for Ryan Salame, a former executive at FTX, ahead of his sentencing scheduled for May 28, 2024. This recommendation contrasts sharply with Salame’s legal team’s plea for a more lenient punishment of no more than 18 months. Clash Over...
Nasdaq Revises World’s Largest Asset Manager Blackrock’s Spot Ether ETF Proposal
22.5.2024
On Wednesday, Nasdaq, the second-largest American stock exchange based in New York City, revised its 19b-4 filing for Blackrock’s spot ethereum exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC). Nasdaq Amends Blackrock’s Ether ETF 19b-4 Filing Following...
How Blockchain is Reshaping Supply Chains Beyond Finance
22.5.2024
The benefits of transparency, security, and efficiency could be useful in dozens of industries when sourcing and managing supply chains, says Julie Lamb, Head of Events at Crypto Mondays
Ether Volatility Expected as Traders Flood Exchanges With $231M of ETH Amid ETF Hopes
22.5.2024
Ether {{ETH}} is expected to experience a period of volatility this week after exchange inflows spiked to its highest level since March, according to a report by data provider CryptoQuant
Prospects of Ethereum ETFs Drive Grayscale Ethereum Trust’s NAV Discount to Lowest Since 2021
22.5.2024
On May 21, with the potential approval of several spot ethereum exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC), Grayscale’s Ethereum Trust (ETHE) saw its discount to net asset value (NAV) reach its lowest point since 2021. Grayscale Ethereum Trust’s...
Bitcoin Is Coming to Ethereum Stalwart MetaMask: Sources
22.5.2024
Crypto whales flock to BlockDAG: Will it hit $10 by 2025 and outshine Retik Finance’s Uniswap debut?
22.5.2024
Pulling focus from the Retik Finance Uniswap debut with its strategic growth and solid financial performance, BlockDAG has quickly become the standout in the crypto community. Celebrated at a significant event at Piccadilly Circus, BlockDAG announced a remarkable $29.2 million from its presale...
BitGo to Offer Custody Services for CoinDesk 20 Constituents
22.5.2024
The broad crypto price gauge has seen about $5 billion in perpetual futures volume since January
Dfinity Senior Scientist: Bitcoin’s Next Significant Wave of Innovation Will Revolve Around DAOs
22.5.2024
After the introduction of ordinals, BRC-20 tokens, and more recently, Runes, the next significant wave of innovation on Bitcoin will revolve around Decentralized Autonomous Organizations (DAOs). Aisling Connolly, the Senior Research Scientist at the Dfinity Foundation, has asserted this. He stated...
WisdomTree Gets Green Light to List Bitcoin, Ether ETPs on London Stock Exchange
22.5.2024
WisdomTree's Physical Bitcoin (BTCW) and Physical Ethereum (ETHW) are expected to list on the LSE to professional investors on May 28
Decentralized Social Protocol Farcaster Raises $150M in Funding Round Led by Paradigm
22.5.2024
Decentralized social media protocol Farcaster has raised $150 million in a funding round led by Paradigm with participation from venture capital fund 16z crypto, Haun, USV, Variant, Standard Crypto and more.
The post Decentralized Social Protocol Farcaster Raises $150M in Funding Round Led...
Zest Protocol Co-founder: Adding New Programming Capabilities Could Propel BTC’s Defi Ecosystem Beyond ETH’s
22.5.2024
According to Tycho Onnasch, co-founder of Zest Protocol, new programming capabilities which can be added to Bitcoin could help the leading crypto asset cancel out Ethereum’s early advantage of being able to deploy decentralized finance (defi) on Layer one (L1). Onnasch argued that once...
Trump Becomes First Major Party Candidate to Accept Crypto Donations
21.5.2024
The likely GOP flag-bearer in the upcoming U.S. presidential election signaled his friendliness to crypto at a campaign fundraiser two weeks ago
Hex Trust to Launch USDX Stablecoin on Flare, Offering Real-World Yield
21.5.2024
On May 21, 2024, Hex Trust Group announced the introduction of a native stablecoin, USDX, for the Flare network. Hex Trust also revealed that a Clearpool vault, enabling holders to earn a real-world yield, will debut alongside USDX. Hex Trust’s USDX Stablecoin and Clearpool Vault Aim...
PC Gaming Is Growing Faster Than Consoles, Data Shows
21.5.2024
Last year saw the release of some really big and highly-rated video games. However, new data shows that PC gaming was the biggest winner in 2023, while console revenue mostly flatlined and mobile game profits dropped.Read more