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Ransomware Payments Hit Record $1 Billion in 2023: Chainalysis
7.2.2024
Criminals made off with a staggering $1 billion in cryptocurrency ransomware payments in 2023, per the latest insights from Chainalysis’ 2024 “Crypto Crime Report.” The report highlights a surge in sophisticated attacks targeting high-profile institutions and critical...
Bitcoin Infrastructure Builder Bitlight Labs’ Seed Round Led by Gate Ventures, Gate.io’s VC Arm
6.2.2024
Feb 6th, Panama City – Gate Ventures, the venture capital arm of the Gate.io crypto exchange, recently led the seed round for Bitlight Labs, an innovative blockchain solutions provider utilizing RGB protocols to transform the Bitcoin ecosystem, bringing Layer 2 smart contract technology...
Pundi X Initiates PURSE Token Distribution to Boost DePIN Development
6.2.2024
Pundi X, a blockchain-based point-of-sale solution, has initiated the first phase of its PURSE token distribution in a bid to incentivize builders and participants of the Decentralized Physical Infrastructure Network (DePIN). The distribution of PURSE tokens leverages DePIN technology to reshape...
Traders Predict This is The Best BEP-20 Token To Buy As BNB Price Recovers
2.2.2024
As the price of Binance Coin (BNB) continues recovering from the recent low of $298, crypto traders have turned their attention to accumulating one new BEP-20 token ahead of its launch. eTuktuk, a green crypto startup building eco-friendly electric vehicle infrastructure in developing countries...
KIP Protocol Closes Strategic Funding Round Led by Animoca Ventures
1.2.2024
PRESS RELEASE. Hong Kong, 1 February 2024 – KIP Protocol, the Web3 base layer for artificial intelligence (AI), has successfully closed its strategic funding round led by Animoca Ventures. KIP Protocol builds secure and gas-efficient Web3 infrastructure that makes it possible for AI creators...
Visa Partners with Transak To Enable Direct Crypto-to-Fiat Transactions
30.1.2024
Visa, a global payment giant, is further advancing its foray into cryptocurrency adoption by collaborating with Web3 infrastructure provider Transak. The partnership aims to introduce a new method for exchanging cryptocurrencies for fiat currencies without relying on centralized exchanges. ????...
Transak Partners With Visa for Rapid Crypto to Fiat Conversion in 145 Nations
30.1.2024
On Tuesday, Transak, a company specializing in payment infrastructure, revealed its partnership with the financial services powerhouse Visa. This collaboration aims to empower users in 145 nations with the capability to seamlessly exchange their crypto holdings into local fiat currencies...
Chinese Company Issues First $350 Million Tech Innovation Bond Raised in Digital Yuan
29.1.2024
A Chinese infrastructure company has successfully raised $350 million in digital yuan for its new technology innovation bond. According to Shanghai Securities News, the Shandong Hi-Speed Group issued the “Shandong Hi-Speed Group Co., Ltd. 2024 Public Offering to Institutional Investors...
LBank Labs Takes Bold Step in Web3 Venture Capital: Announces Strategic Investment in Entangle
26.1.2024
LBank Labs, at the forefront of Web3 venture capital, is excited to announce its significant investment in Entangle, this strategic move is focused on bolstering Entangle’s revolutionary mission to unify Web3 communications and enhance ecosystem liquidity. Entangle stands out with...
Swiss Regulator Grants Approval Enabling Retail Users to Trade Tokenized Securities and Digital Assets
26.1.2024
The Swiss financial markets regulator has granted the digital asset infrastructure firm Taurus the approval which allows its retail users to “create an account and trade digital assets and tokenized securities.” Besides receiving the FINMA approval, Taurus said it will be admitting...
EchoLink Launchpad on LBank Ends With Over 130M USDT in Investment, $ECHO Set for Listing
25.1.2024
PRESS RELEASE. Following the triumph of its third Launchpad initiative with ACGN Protocol, LBank has accomplished yet another milestone by concluding its fourth Launchpad event featuring EchoLink. This innovative project marks a significant breakthrough in Decentralized Physical Infrastructure...
Austria’s RLB NÖ-Wien Bank Allows Crypto Trading Using Bitpanda Tech
25.1.2024
Austrian cooperative bank Raiffeisenlandesbank Niederösterreich-Wien (RLB NÖ-Wien) is allowing clients to trade digital assets using their banking apps using Bitpanda infrastructure starting from today. Bitpanda says that a large traditional bank such as RLB NÖ-Wien embracing digital assets is...
Hashkey Capital and FTSE Russell Launch Trio of Indices to Track Diverse Crypto Assets
24.1.2024
Digital asset investment company Hashkey Capital has collaborated with the London Stock Exchange Group (LSEG) subsidiary FTSE Russell to unveil three indices for tracking cryptocurrencies. These indices enable investors and traders to keep an eye on a diverse collection of assets spanning different...
Is Chainlink Going to Crash? LINK Price Turns Red as New Mining Protocol Takes the Limelight
22.1.2024
Chainlink price turns red as LINK price analysis reveals localized retracement in aftermath of cross-chain stablecoin infrastructure rally. The downside move comes after a joint announcement with Circle on January 16 triggered a +11.38% move on the chart. $LINK testing the drop-off#altcoins...
ChainGPT facilitates the launch of the GT Protocol, bringing AI-powered auto-trading to crypto
19.1.2024
The GT Protocol launch is catalyzed by a strategic partnership with ChainGPT Pad, a launchpad and incubator providing mentorship, community access, and token launch infrastructure to promising Web3 startups   Dover, DE, USA and Malaga, Sapin, January 19, 2024 — ChainGPT, the AI-powered Web3...
Ethereum Staking Platform Kiln Raises $17 Million in Funding Round Led by 1kx
18.1.2024
Paris-based Ethereum staking infrastructure provider Kiln has closed a $17 million funding round to expand its institutional-grade offering internationally. The funding will also support more decentralized finance (DeFi) reward models. The funding round was led by 1kx. Several prominent investors...
IRS Halts Enforcement of $10K Crypto Tax Reporting Rule Pending Further Regulation
17.1.2024
Source: Adobe / dennizn The US Treasury Department and Internal Revenue Service (IRS) have announced that businesses are not required to report the receipt of digital assets in the same manner as cash until specific regulations are issued. The decision by the two federal agencies comes in response...
Google Cloud Joins Flare Network Causing FLR Jump
17.1.2024
Google Cloud enters the blockchain infrastructure industry by joining Flare as a network validator and infrastructure provider, causing Flare’s token FLR to jump in price. Flare Network Welcomes Google Cloud, FLR token surges Google Cloud has joined the Flare network as a network validator...
Circle CEO Jeremy Allaire: ‘Stablecoins Are Set to Change the Financial System Forever’
17.1.2024
Jeremy Allaire, CEO of Circle, a stablecoin company, has declared that blockchain systems are the new infrastructure layer of the internet and that stablecoins are at its core, providing value that is “nearly instant, nearly free and global in scale.” Allaire believes this tech...
Study: Venture Capital Investments in Top Ten Web3 Projects Were 70% Lower in 2023
16.1.2024
In 2023, the top ten Web3 projects collectively raised $1.78 billion in funding, a figure which is 70% lower than the $5.87 billion raised in the previous year, the findings of a new study have shown. The findings also show that Web3 projects were able to attract $9 billion in capital with...