The highly controversial “Open Exchange” (OPNX) headed by once-failed Crypto CEOs has reached its fundraising goal of $25 million – though the founders are yet to reveal their benefactors. Meanwhile, collapsed crypto exchange CoinFLEX has revealed that its restructuring deal has been approved by a Seychelles court, briefly pumping the price of its token. OPNX’s...Read More
Polkadot’s leading parachain and innovative hub, Astar Network, has partnered with Tokyo’s special ward Shibuya to support the city’s Web3 initiative. According to a press release sent to CryptoPotato, the partnership will see Astar and Shibuya team up to foster the development of Tokyo’s Web3 strategy. Astar Network Partners Shibuya City As per the release,...Read More
Increasing electricity costs and a decline in digital asset prices coupled with high mining difficulty in the fourth quarter slashed mining profit margins and made it difficult for miners to stay afloat. Chinese crypto mining rig maker – Canaan – reported a mining revenue of $10.5 million in the fourth quarter, representing an increase of...Read More
“Equity can be defined as giving everyone what they need to be successful. In other words, it’s not giving everyone the exact same thing. If we give everyone the exact same thing, expecting that will make people equal, it assumes that everyone started out in the same place – and this can be vastly inaccurate...Read More
Grayscale and the Securities and Exchange Commission (SEC) have presented their first oral arguments in court regarding the approval/ denial of a Bitcoin a spot ETF product in the United States. During the hearing, judges pressed the SEC on its justification for simultaneously approving multiple Bitcoin Futures ETFs, while denying an equivalent spot ETF. Spot...Read More
A new study by digital asset data provider Kaiko has found that Silvergate’s decision to shut down its instant payments network will likely boost stablecoin adoption among investors in crypto trading. Last week, Silvergate Capital announced the closure of its payments network, SEN, which crypto exchanges and investors used to move large amounts of U.S....Read More
The hacker of the DeFi project – Uranium Finance – started moving 2,250 ETH, worth approximately $3.35 million, in stolen funds into the popular coin mixer, TornadoCash. The movement of funds from the wallet was detected by the blockchain security firm, PeckShield, on March 7th. Data from Etherscan reveals that the hacker transferred the funds...Read More
Bucharest, Romania,7.03.2023 – Bware Labs, a leading blockchain infrastructure provider, is launching today the mainnet of their blockchain API platform, Blast. Blast is a blockchain API platform, designed to provide easy blockchain access to the most relevant networks in the blockchain space. Using Blast, developers are able to get RPC, REST and WebSocket access to...Read More
[PRESS RELEASE – Please Read Disclaimer] Grizzly.fi, a DeFi platform that wants to make DeFi accessible to everyone, has great news for its community!On March 6th, 2023, Grizzly.fi announced a collaboration with some big names in the DeFi world to give away a Tesla Model 3. The giveaway will end on March 20th and was...Read More
At the center of the Grayscale-SEC drama is Grayscale Bitcoin Trust (GBTC) – the world’s largest Bitcoin fund – which has for two years been trading at a steep discount to the crypto-asset it holds. This has caused much pain in the market. But on the days leading up to the much-anticipated fight, the GBTC...Read More
Polygon (MATIC) and Filecoin (FIL) have been a part of the crypto market for many years. After the surges they both enjoyed at the start of 2023, it now appears they are slowly sinking again. However, Orbeon Protocol (ORBN), a new project in stage 9 of its public presale with a new token price of...Read More
The co-founder of the world’s second-largest blockchain has made several swaps for some of the alternative coins that were sent to him as gifts over the years. According to data from the on-chain data resource – Lookonchain – Vitalik Buterin has turned over $700,000 worth of different alts into the native coin of his brainchild...Read More
TeraWulf – which focuses on environmentally clean mining operations – has announced starting operations of Nautilus Cryptomine, the first nuclear-powered Bitcoin mining facility in the United States. The facility reportedly sources carbon-free and 24×7 baseload power from the 2.5 GW Susquehanna nuclear generation station located in Pennsylvania. TeraWulf’s Nuclear Bitcoin Plant According to the official...Read More
Immutable Games Studio unveiled the new partnership in an announcement on March 6. Premier game development studio Mineloader has produced AAA titles such as Last of Us Part 1, developed for TV and currently airing on HBO. It has also worked on the hugely popular Final Fantasy series. The pair will be working on a...Read More
The Australian Treasury will most likely delay enforcing new cryptocurrency rules for the middle of 2024 or even 2025. The local government was expected to impose rules by the end of 2022. Some expected the authorities would rush to do so this year, especially after the multiple collapses and investor losses that undermined the sector...Read More
A new report has surfaced from the Wall Street Journal, outlining insider communications between members of Binance and Binance US. Additionally, the messages discuss how best to deal with regulatory oversight, which is a major point of interest for any business eager to do business in the United States. However, the report hints that Binance’s...Read More
