FTX Ventures has invested $100 million in the public-traded banking app – Dave – which also announced forging a “strategic partnership” with West Realm Shires Services, the operator of FTX US. As part of the deal, the US crypto trading arm of billionaire Sam Bankman-Fried’s exchange FTX will serve as Dave’s exclusive partner for cryptocurrencies...Read More
Japanese cryptocurrency exchange, Coincheck has announced plans to go public in the United States by entering into a definitive merger agreement with blank-check firm Thunder Bridge Capital Partners IV Inc. The Merger According to the official press release, the merger deal is worth $1.25 billion. Upon closing, the combined company will receive proceeds of $237...Read More
Bridgewater Associates is the latest hedge fund giant eyeing to tap into the digital asset space with a crypto fund, according to a recent report. While Bridgewater does not plan on allocating funds in cryptocurrencies directly, it plans to invest in an external vehicle, said CoinDesk in an exclusive report. Founded by Ray Dalio in...Read More
Scammers are launching phishing sites impersonating the prominent NFT marketplace – Bored Ape Yach Club (BAYC) after the ApeCoin token launch. A user ended up losing 3 NFTs on a new BAYC animation phishing site. Since its launch last year, BAYC has become one of the biggest names in the NFT space. Multi-million dollar sales...Read More
Coinbase Cloud provides web3 APIs, services, and infrastructure to power the next generation of software builders. As part of our vision to empower developers building the future of web3, we are launching a suite of blockchain infrastructure solutions and services for the growing Avalanche ecosystem. Avalanche is a high-speed smart contract platform with near-instant finality...Read More
Grayscale – a popular cryptocurrency asset manager – has now launched the Grayscale Smart Contract Platform Ex-Ethereum Fund. The fund includes exposure to a variety of cryptocurrencies that power major smart contract networks besides Ethereum. Investing in Smart Contracts As announced by Grayscale in a press release on Tuesday, the fund marks the firm’s 18th...Read More
MyEtherWallet (MEW) integrated the crypto startup MoonPay as its on/off ramp partner for users across all platforms. The initiative should provide customers with additional access to the Ethereum blockchain. MEW and MoonPay Shake Hands According to a document seen by CryptoPotato, the collaboration between the two entities aims to reduce the barriers of entering the...Read More
The President of the European Central Bank, who’s safe to describe as a cryptocurrency critic, asserted during today’s conference that the institution has noticed digital assets are being used by Russians to bypass the sanctions imposed by the West. Shortly after Russia launched its military operation against Ukraine, the EU and NATO started imposing countless...Read More
Artificial Intelligence (AI) has become one of the most used emerging technologies in improving the efficiency of modern-day systems. This nascent technological field dates its origins to the 1950s following Alan Turing’s theory of computation. The prominent English mathematician, also known as the father of computer science, raised a fundamental question in his ‘Computing and...Read More
[PRESS RELEASE – Please Read Disclaimer] Sapien Network is developing a next-gen ecosystem of social networking for DAOs and community members to maximize their potential effectively. As a decentralized community-driven social platform, the project seeks to establish novel tools and solutions that will redefine content organization and communication while addressing scaling issues in communities. Sapien...Read More
Individual defendants file an objection to the SEC’s request for an extension of the deadline. Ripple and the individual defendants file their response advocating the court’s stance on Hinman’s documents and Estabrook notes. The folks from the cryptosphere are now elated, as the business sports an impeccable run on the charts. Wherefore, the market cap...Read More
Pennsylvania-based cryptocurrency mining company – Stronghold Digital Mining – reportedly employs coal waste to power its hundreds of supercomputers. Thus, the company aims to use a byproduct instead of harming the US national energy network. SDM Uses Coal Waste Bitcoin mining is an energy-intensive process, and many critics claim it damages the environment and harms...Read More
The co-creator of Ethereum, Vitalik Buterin, is somewhat known for his strong opinions on matters related and unrelated to cryptocurrencies. Recently, he’s been featured in a TIME Magazine interview that had the entire crypto world buzzing. Vitalik Buterin on BAYC Hype People who’ve been following the crypto space for more than a few months must...Read More
The U.S.-based cryptocurrency custody and exchange Gemini has been granted an electronic money (e-money) license from the Central Bank of Ireland. According to The Irish Times on Monday (March 21, 2022), Gemini, founded by the Winklevii twins Tyler and Cameron, became the first fintech company to receive the Irish license since October 2020. The crypto...Read More
Cryptocurrency Platform AEX launches a program to boost Vietnam’s crypto ecosystem. Cryptocurrencies have more than just helped many people overcome economic crises in their countries; they have become a key figure in the global economy. As a result, more and more companies are looking to promote their use as a way to boost the regional...Read More
The crypto market has started off the week, in a rather sluggish way. BTC fails to make further gains but is holding ground above $41K. ETH too is trying to inch towards $3K resistance level. Most other coins follow the same trend. The charts show that Bitcoin (BTC) and Ethereum (ETH) are about to end...Read More
