The blockchain analytics firm launched Chainalysis Government Solutions, a subsidiary focused on helping US government agencies investigate crypto-related crimes. According to the firm’s latest research, 75% of public sector agencies worldwide are under-prepared in terms of tackling crypto incidents, demonstrating an increasing need for relevant resources and technologies made available to investigators. Government Businesses After...Read More
Polygon Network has shown solid resilience in the difficult period of crypto assets plunging in value. According to its Q2 report, the Ethereum scaling platform witnessed steady growth in the number of network addresses and transaction volume despite the broader market selloff during the same period. Steady Growth in the Winter Known as a sidechain...Read More
With a score of 8.6 points out of 10, the special administrative region of China – Hong Kong – was crowned as the most crypto-ready country globally. The second position belongs to the previous leader – the United States of America, while Switzerland is third. Changes at the Top The latest worldwide crypto readiness report...Read More
In 2013, James Howells – a citizen of Newport, Wales – mistakenly threw away his iPhone-sized hard drive containing 8,000 BTC. To find his lost possessions (worth around $169 million as of now), the 36-year-old man reportedly came up with an $11 million master plan involving robot dogs and artificial intelligence-powered machines. A Needle in...Read More
Despite adverse market conditions negatively impacting layer-one blockchains, the Solana ecosystem has continued improving its network stability and growing its user base, stated Messari in its Q1 report on the matter. However, noticeable declines in key metrics demonstrate that the Ethereum challenger has faced difficulties maintaining high network activity and volume due to ongoing security...Read More
The US State Department vowed to give up to $10 million to anyone who gives valuable information that could be used against North Korean cryptocurrency hacking collectives. The amount is double the previous bounty promised in March 2022. The Agency Needs Help North Korean hacking groups have been a significant burden for the American authorities...Read More
The world’s first cryptocurrency, Bitcoin has now reclaimed $23,000 level and is strongly headed towards $24,000 price level. All this comes while the US enters the recession stage with its GDP dropping at -0.9%. However, a popular crypto analyst believes that bitcoin org bitcoin org Event OrganiserTechnology Followers : 0 View profile is about to form...Read More
Crypto Space is undergoing a roller coaster ride as most of the assets are currently hovering within an upper consolidation. The asset which maintained a notable upswing a couple of days before now appears to have exhausted to some extent. On the other hand, the popular DeFi token Yearn.Finance(YFI) reached the top of the gainer’s...Read More
a16z crypto – the crypto-focused arm of VC firm Andreesen Horowitz – is leading a $50 million funding round for the VeeFriends Non-Fungible Token (NFT) Project. The funding will help VeeFriends expand its “creative, technical, and experiential operations” to support the growth of the Web 3 ecosystem. Understanding VeeFriends A16z general partner Chris Lyons explained...Read More
Web3 venture firm Variant has raised a $450 million umbrella fund, including a $150 million seed fund for early-stage projects and a $300 million to support teams “with demonstrated traction from our portfolio and beyond,” according to the official press release. Led by a16z veterans Li Jin, Jesse Walden, and Spencer Noon, the venture emphasizes...Read More
