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JPMorgan rolls out programmable payments for institutional blockchain platform JPM Coin
10.11.2023
JPMorgan’s blockchain platform JPM Coin has introduced programmable payment functionality for its institutional users
Poloniex Hit by $114 Million Hot Wallet Heist; Justin Sun Pledges to Recover Funds
10.11.2023
Onchain data and reports have highlighted unusual outflows from cryptocurrency exchange Poloniex, prompting concerns of a possible hot wallet breach worth approximately $114 million. Justin Sun, the exchange’s proprietor and Tron’s creator, has stated that the incident is under...
Roblox CEO 'dreams' of in-game cross-platform NFTs and digital objects
10.11.2023
Roblox founder and CEO David Baszucki expects top brands and celebrities to take charge and play a key role in making the "dream" of cross-platform NFT come true
Head of South Korea’s Biggest Crypto Exchange ‘Not Guilty’ of Data Manipulation
10.11.2023
Source: vladim_ka/Adobe The head of Dunamu, operator of South Korea’s market-leading Upbit crypto exchange, has been found not guilty of manipulating platform data. Per Chosun Ilbo, the nation’s Supreme Court acquitted the Dunamu Chairman Song Chi-hyung, of fraud charges under the Aggravated...
Frankfurt Stock Exchange to Look Into Digital Platforms for Expansion of Asset Classes
9.11.2023
The Frankfurt Stock Exchange has listed the creation of a digital asset platform making development areas of its “Horizon 2026” strategy. In a recent press release, Deutsche Borse, owner of the Frankfurt Stock Exchange gave an insight into its plans for growth, investment, and onboarding...
Ritual Raises $25M for AI Decentralization, Targets Universal Access with DeFi Integration
9.11.2023
Ritual raises $25M to build a decentralized AI network. Image by ipopba, Adobe Stock. Ritual, a startup building a decentralized platform for artificial intelligence, has raised $25 million in a seed funding round. The funding was led by venture capital firm Archetype, with participation from Robot...
Australian Crypto Wallet CoinSpot Hacked for $2.4 Million Worth of Ether – Report
9.11.2023
Source: Pixabay / Werner Moser Crypto sleuth ZachXBT has reported an exploit, involving Australian crypto platform CoinSpot, allegedly suffering over $2 million worth of Ether. According to a Telegram post by ZachXBT in the early hours of Thursday, attackers drained funds from CoinSpot’s hot wallet...
Bitcoin Flips Ethereum for the First Time in 24-Hour NFT Sales Shift
8.11.2023
On Wednesday, November 8, 2023, the Bitcoin blockchain saw its non-fungible token (NFT) asset sales surpass those on the Ethereum platform, marking a historic shift during a single-day span. According to the analytics provided by cryptoslam.io, Bitcoin-based NFT transactions amounted to $17.17...
Ritual Secures $25 Million in Seed Funding to Decentralize AI
8.11.2023
Source: Pixabay AI platform Ritual obtained a $25 million capital injection in a Series A funding round led by Archetype, with assistance from Accomplice and Robot Ventures. The company announced on its website that the funds would help “expand our team, start growing our developer network,...
Progmat stablecoin platform takes shape as wallet, liquidity providers join
8.11.2023
Progmat Coin hopes to issue yen- and dollar-pegged “trust-type” stablecoins next summer to accommodate around-the-clock settlement
Is It Too Late to Buy Cronos? CRO Price Shoots Up 30% and This Innovative Meme Platform Could Be Next
8.11.2023
Crypto.com’s native Cronos token has pushed high into the trading channel, but as CRO price shoots up +30% – is it too late to buy Cronos? The multi-week upside move was triggered by an ambitious re-brand reveal by Crypto.com, which will see Cronos’ website Crypto.org changed...
Artificial Intelligence Platform Ritual Looks to 'Decentralize Access to AI' With $25M Backing
8.11.2023
Ritual's aim is to open access to the infrastructure that lies behind AI innovation, which at present "lies in the hands of a few powerful companies."
Expobank Issues First Tokenized Diamond Offering in Russia
8.11.2023
Expobank, a large financial institution in Russia, has reportedly issued the first tokenized diamond offering in the country. According to local media, Expobank used the Multichain blockchain platform to issue these tokens, with each one of them having the value of 1/5,000 of a diamond...
End of Line for BSV on Coinbase, Exchange to Delist Crypto in January 2024
8.11.2023
Coinbase has announced it will be removing bitcoinsv (BSV) from its platform, having informed its clientele through an email notification. BSV, which was created following a hard fork from the Bitcoin Cash protocol on November 15, 2018, will no longer be hosted on Coinbase’s services after...
Bitcoin Price Prediction: Custodia’s New Move, CFTC & Crypto Oversight
8.11.2023
In the fluid realm of digital currencies, Bitcoin‘s valuation has taken a modest uptick, registering a 1.20% climb to reach $35,365 on Wednesday. Amidst this nuanced shift in market dynamics, notable developments have surfaced. Custodia Bank, spearheaded by the astute Caitlin Long,...
OpenSea investor marks down stake in platform by 90%: Report
8.11.2023
OpenSea’s co-lead investor Coatue Management marked down its investment from $120 million to $13 million
German Banking Giant DZ Bank Launches Crypto Custody Platform
8.11.2023
One of the largest banks in Germany by total assets, DZ Bank, has launched a crypto custody platform. Additionally, the bank disclosed that alongside its solution for institutional customers, it is working on “an offer that allows private customers to invest directly...
Japanese Megabank Mitsubishi UFJ Teams up with Crypto Exchange for Stablecoin Project
8.11.2023
Source: Funtap/Adobe The Japanese banking giant Mitsubishi UFJ will join forces with one of the nation’s biggest crypto exchanges for a new stablecoin offering. The bank will team up with Bitbank, one of Japan’s biggest and longest-running crypto exchange platforms. The firms and their partners...
Ex-Cantor execs launch crypto lending platform in expectation of Bitcoin ETFs
8.11.2023
The new platform Tokenet hopes to capitalize on institutional interest following the potential approval of a spot Bitcoin ETF
Coinbase to Cease Bitcoin SV Support by Jan 2024, Urges Holders to Withdraw Tokens
8.11.2023
Source: Adobe / prima91 Leading crypto exchange and wallet Coinbase on Tuesday, unveiled plans to completely cease support for Bitcoin SV (BSV) token. The platform had delisted the token in 2021. Coinbase confirmed the changes in a note sent to users stressing that the platform “will no longer...