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Crypto Storage Firm Qredo's Revamped Self-Custody Wallet Goes Live
30.5.2023
The New Qredo remains aimed at the institutional crypto market, but now it's low-cost and open to anyone, says COO Josh Goodbody
Web3 Freelancing Metaverse DeeLance Makes History: Secures Massive $1.12 Million Investment from Prominent VC Firm as Public Presale Exceeds $1.1 Million
28.5.2023
Groundbreaking web3 freelancing and remote work metaverse platform DeeLance just secured a massive strategic investment from a top venture capital (VC) investment firm.
Bitgert Ventures will invest $1.12 million in DeeLance to help fund the development of its blockchain-powered metaverse, which...
Makerdao Considers Significant DAI Savings Rate Hike: 3.3% on the Horizon, If Vote Passes
28.5.2023
The Makerdao collective is currently immersed in a discussion about the potential rise of the DAI stablecoin’s savings rate to 3.3%. This suggestion was introduced by Block Analitica and revealed to the community on May 26 under the title “Stability Scope Parameter Changes #2.”...
Singapore Venture Capital Firm Foresight Ventures Launches Second Phase of Web3 Accelerator
26.5.2023
Foresight Ventures, a venture capital company based in Singapore, has opened up the application process for the second phase of its accelerator program.
This round focuses on Web3 projects in various emerging ecosystems, with an additional $10 million pledged towards the program, the company said...
Crypto firm Gemini picks Ireland as European base amid US crypto blues
26.5.2023
Cameron Winklevoss has predicted a “Cambrian explosion” in European innovation once regulations are rolled out
Cybersecurity Firm Unciphered Hacks Popular Trezor T Crypto Wallet
25.5.2023
The US-based cybersecurity firm Unciphered claims to have successfully hacked into a Trezor T hardware crypto wallet by exploiting a hardware vulnerability.
The breach of the popular hardware wallet was made possible by physically taking apart the device using highly specialized tools.
The...
Elon Musk Discusses Creating AI Giant to Challenge Google, Microsoft — Suggests Twitter and Tesla Could Play a Role
25.5.2023
Tesla CEO Elon Musk says “there should be a significant third horse” in the artificial intelligence (AI) race besides Microsoft and Google. The billionaire suggested that his companies Tesla and Twitter could partner with an AI firm similar to how Microsoft collaborates with Openai. Elon Musk...
Crypto Hacks Plunge 70% in Q1 2023, Victims Recover Over Half of Stolen Funds, but Experts Warn of Temporary Relief
25.5.2023
On May 22, 2023, a report released by the blockchain analysis firm TRM Labs delved into nearly 40 hacks and assaults on cryptocurrency projects within the first quarter, discovering a 70% decline in incidents over the previous three months. The study says the slowdown is probably temporary, with...
Bitcoin Payments Firm Strike’s Headquarters to Stay in U.S., Despite New El Salvador Office
24.5.2023
The company established a headquarters in El Salvador for its global entity as it expanded its app to more than 65 countries last week
Bitcoin Payments Firm Strike’s Headquarters to Stay in U.S., Despite New El Salvador Office
24.5.2023
The company established a headquarters in El Salvador for its global entity as it expanded its app to more than 65 countries last week
Crypto Security Firm Unciphered Claims Ability to Physically Hack Trezor T Wallet
24.5.2023
Unciphered, a company of cybersecurity professionals who recover lost cryptocurrency, says it found a way to physically hack into the Trezor T hardware wallet. Trezor says it acknowledged a similar-sounding attack vector a few years ago
Bankrupt Crypto Exchange FTX Continues to Explore Potential Relaunch, Court Records Reveal
23.5.2023
Recently submitted court records in the FTX insolvency case reveal that the exchange’s new CEO, John Ray III, has been exploring a revival plan for the now-disabled trading platform and the “preliminary formation of restructuring strategies.” FTX’s Revival Prospects Surface...
Connecticut Banking Regulator Fines Crypto ATM Operator Bitcoin of America
23.5.2023
According to the Connecticut Department of Banking, commissioner Jorge Perez revealed that the regulator has reached a settlement with the crypto automated teller machine (ATM) and kiosk operator Bitcoin of America. As part of the settlement, Bitcoin of America will pay $86,000 in restitution,...
Crypto hacks falling in Q1 is but a 'temporary reprieve' — Blockchain firm
22.5.2023
It was warned that the amount stolen in Q1 2023 mirrors Q2 2022, which was followed by a “record setting number of hacks.”
Marathon and Brink Join Forces to Raise $1 Million for Bitcoin Core Developers
20.5.2023
Bitcoin mining company Marathon Digital Holdings and Brink, a nonprofit striving to support open-source Bitcoin development, recently revealed their collaboration to generate up to $1 million in funding for Bitcoin Core developers. Marathon pledged to match all contributions toward this cause...
Bankrupt Crypto Firm Celsius May Receive Second Chance from Wall Street
19.5.2023
The now-bankrupt crypto lender Celsius Network may get a second chance with the help of Wall Street investment giants.
According to a Wall Street Journal article from Thursday, two groups of investment heavyweights are currently engaged in a bidding war for what remains of Celsius, close to a year...
Ripple Appoints Market Research Firm Nielsen's CFO Jenson to Board
19.5.2023
Jenson has held leadership positions at Amazon, Delta Airlines, NBC, Electronic Arts, and Nielsen
Crypto Firm Hashkey Eyes $1 Billion Valuation, Capitalizing on Hong Kong's Digital Shift
19.5.2023
Hong Kong-based digital asset firm HashKey Group aims to raise funds at a valuation of more than $1 billion.
The company is in early-stage talks to raise $100 million to $200 million from potential investors, Bloomberg reported Friday, citing people familiar with the matter.
The deal...
Digital Asset Firm HashKey Group Looks to Raise up to $200M at $1B Valuation: Bloomberg
19.5.2023
The firm is looking to capitalize on Hong Kong's re-emergence as a potential crypto hub as the city has looked to formulate a clear regulatory structure for digital assets
Ripple's $250 Million Acquisition of Swiss Blockchain Firm Metaco Marks Expansion into Tokenized Assets
18.5.2023
The American fintech Ripple has acquired the Switzerland-based blockchain firm Metaco for $250 million, marking its first entry into the asset tokenization field.
The acquisition was announced by Ripple on Wednesday, with the firm saying it expects the deal to help it expand its enterprise...