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TAP Protocol and ICP forge partnership for Blockchain bridge
4.6.2024
In a landmark strategy set to revolutionize the DeFi sector, Dfinity’s Internet Computer Protocol (ICP) has teamed up with the TAP Protocol to launch a trustless bridge connecting the Ethereum blockchain with the TAP Protocol. This groundbreaking act is anticipated to facilitate the seamless...
Apu Apustaja Memecoin Launches High-Visibility Billboard Campaign in New York City
4.6.2024
PRESS RELEASE. Phoenix, USA, June 4th, 2024, Chainwire. Apu Apustaja, the memecoin exciting the entire crypto industry, is also a new sensation in the busy streets of New York City, where flashy billboards advertise the project to passersby and onlookers. The famous frog memecoin appears on...
Avail secures $43M in Series A for Web3 unification
4.6.2024
Avail, led by a Polygon co-founder, raises $75 million to tackle Web3 challenges like fragmentation and data availability
Bitcoin Layer 2 Ark Protocol's Team Forms New Firm as Lightning Network Competitor
4.6.2024
Polygon Acquires Zero-Knowledge Cryptography Firm Toposware
4.6.2024
The acquisition means that Polygon has invested over $1 billion in zero-knowledge technology and firms, the team shared in a press release. Sources close to the deal told CoinDesk that the acquisition is near $30-50 million
Polygon Labs acquires Toposware, pushing total ZK investment to $1B
4.6.2024
The deal brings Polygon’s cumulative zero-knowledge technology investment to over $1 billion, the company said. Toposware’s team is behind Polygon’s Type 1 Prover technology
Polygon Spinoff Avail Raises $43M in Series A Funding
4.6.2024
The news comes three months after Avail, the data availability company, disclosed its $27 million seed funding round
Bitcoin dormant for 5 years or more awakens in new 'distribution'
4.6.2024
Bitcoin long-term holder "inactivity" is being slowly challenged as BTC emerges from hibernation, in some cases lasting over a decade
Binance no longer accepts cash for peer-to-peer transactions in India
4.6.2024
Binance’s services were pursued by the cryptocurrency trading community in India to circumvent the government’s tax on cryptocurrency transactions. The new development occurred at a time when the Indian financial agency approved Binance and Kucoin to function as virtual asset providers...
Galaxy Digital Could Benefit From Improving Political Sentiment Towards Crypto in U.S.: Benchmark
4.6.2024
The broker assumed coverage of the digital assets platform with a buy rating and a C$19 price target
Etrade Investigates Keith Gill’s Gamestop Moves, Social Media Questions Political Insider Trading
4.6.2024
Reports indicate that the online brokerage platform Etrade might be considering removing Keith Gill, known as Roaring Kitty, due to concerns about Gamestop (GME) manipulation. The Etrade news emerged after Gill posted a screenshot of his Etrade account, displaying $65.7 million in Gamestop call...
VeChain’s thriving May: Major developments and community growth
4.6.2024
May has been a significant month for VeChain, as the platform has accomplished significant milestones, garnered a significant amount of attention from supporters, and made positive strides in various industries. Among these progressions, integrating Near Field Communication (NFC) technology into...
E-Trade intends to ban Roaring Kitty for GameStop manipulation
4.6.2024
E-Trade is contemplating the complete prohibition of Roaring Kitty for its involvement in malpractices related to GameStop stocks, which resulted in a substantial 30% increase in shares. The brokerage, which is owned by Morgan Stanley, is contemplating this course of action in light of Gill’s...
Solana emerges as an institutional favorite following PayPal USD launch
4.6.2024
Solana could emerge as a leading blockchain for payments institutions. Is a Solana-based ETF next?
First Mover Americas: Bitcoin Drops From $70K as Bullish Signal Strengthens
4.6.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for June 4, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Bitcoin (BTC) slows as the community awaits the next breakout
4.6.2024
The pace has slowed in Bitcoin (BTC). It was initially expected to pump the growth once Bitcoin’s halving concluded. It has been almost 2 months, and the only result evident is a slower pace. What’s happening has been defined as a Re-Accumulation phase for Bitcoin. Investors could...
US Media Executive Charged in $67 Million Fiat-to-Crypto Money Laundering Scheme
4.6.2024
The U.S. DOJ has charged the CFO of a media company with one count of money laundering and two counts of bank fraud for participating in a scheme that laundered criminal proceeds using cryptocurrency. Authorities allege that Weidong Guan and his accomplices used bank accounts opened with stolen...
Coinbase donates $25 million to Fairshake’s super PAC
4.6.2024
Coinbase has contributed $25 million towards Fairshake’s super PAC, meant to finance the political campaigning of crypto-inclined congress nominees. This gesture follows similar contributions made by Ripple and a16z to the tune of $25 million to Fairshake recently. The super PAC has now received...
Bitcoin miner Core Scientific strikes $3.5B AI partnership
4.6.2024
Core Scientific expects that its AI collaboration with CoreWeave will generate $3.5 billion over 12 years from renting out 18% from its infrastructure
Celebrity memecoin promoter Sahil Arora banned by X
4.6.2024
Despite mounting scam allegations and social media bans, Arora continues to promote celebrity memecoins and partnerships