Ethereum layer-2 ecosystem is heating up with the space seeing yet another entry by ConsenSys, an already established player in the industry. ConsenSys, the firm behind MetaMask, announced the launch of its layer-2 network – Linea – to the main Ethereum blockchain this week. It will soon begin onboarding partners as well. The new layer-2...Read More
US prosecutors have reportedly targeted Ryan Salame – ex-CEO of FTX’s Bahamian subsidiary – over a possible breach of the law when donating funds to his then-girlfriend’s political campaign in 2022. Previous sources have informed that Michelle Bond (the woman in question) has received at least $400,000 in consulting fees from FTX Digital Markets –...Read More
LBRY Inc – the firm responsible for developing the LBRY protocol – has announced it will close operations after receiving a final judgment in its case with the U.S. Securities and Exchange Commission (SEC) on Tuesday. Since the announcement, LBRY token (LBC) has collapsed 14% in value. A federal judge sided with the SEC in...Read More
Blockchain data shows that the Department of Justice (DOJ) is moving another massive batch of seized Bitcoin (BTC) connected to Silk Road – the defunct darknet marketplace launched by Ross Ulbricht in 2011. The government has already confirmed plans to sell its Silk Road-related BTC throughout the year, meaning the latest transfers could signal its...Read More
A while ago, very unexpected US CPI rates were announced, wherein the rates were lowered to 3% from the previous 4%. The drop in CPI rates is considered a huge bullish indicator for the crypto space. However, the Bitcoin price continues to stick around $30,500, while some of the altcoins remain largely stagnant. The Ethereum...Read More
[Press Release – Frankfurt, Germany, July 12th, 2023] The presale for memecoin Alex The Doge (ALEX) is currently live, and has seen strong demand from the crypto community already. The presale offers a chance to participate in the ALEX ecosystem from the outset and to stake a claim in the MiracleVerse. Built on Polygon’s blockchain,...Read More
[Press Release – Tortola, British Virgin Islands, July 12th, 2023] In its ongoing journey to reshape the crypto investing landscape, Struct Finance, a DeFi platform that enables investors to engage with tailored interest rate products linked to digital assets, is thrilled to announce the launch of the BTC.B-USDC Vaults. The tranche-based BTC.B-USDC Interest Rate Product...Read More
Litecoin (LTC) search trend has hit a new yearly peak, according to the blockchain analytic platform, IntoTheBlock. The upcoming halving event – which is currently set for August 2nd – is likely to be a key driver for the heightened interest. Halving events have been known to generate tremendous interest in the days leading up...Read More
In a surprising moment, the U.S. government has made a significant move in the cryptocurrency market. A whopping 9800 Bitcoins, previously seized from the infamous Silk Road marketplace, have been transferred. This unexpected action has left many investors and market analysts speculating about the potential impact on Bitcoin’s price and left holders on the edge...Read More
Crypto inflows to known criminal addresses are down 65% in 2023 compared to the same period one year ago, according to a mid-year crime update from Chainalysis. However, one form of blockchain-based crime remains stubbornly persistent and is on the rise: Ransomware. Crypto Scammers On The Decline In a blog post from Chainalysis on Wednesday,...Read More
Bitcoin jumped by a few hundred dollars minutes after the US announced the CPI numbers for June. It’s worth noting that both the core and the overall Consumer Price Index were lower than estimated. According to an analysis made ahead of the CPI announcement for June, the general estimations suggested a decline in the inflation...Read More
Chainlink Labs, a Web3 services provider and developer of data oracle solution Chainlink, has partnered with blockchain public relations (PR) and content marketing firm MarketAcross to support startups in the Chainlink BUILD program. According to a press release shared with CryptoPotato, the channel partnership between the two parties will give members of the program access...Read More
MicroStrategy is the world’s largest corporate holder of Bitcoin. The company is currently holding a whopping 152,333 BTC, worth over $4.6 billion at current prices. One of the most commonly discussed points by crypto traders and investors alike is whether the company has a liquidation threshold and if it will ever have to sell BTC....Read More
[PRESS RELEASE – Singapore, Singapore, July 12th, 2023] Astar Foundation, a group of builders behind Astar Network, the smart contract platform for multichain, is excited to announce a strategic Web3 partnership with NTT Digital. Astar Foundation is the main contributor and maintainer of the Astar source code and as a core contributor, has established a...Read More
On July 12, an amended crypto bill by Senators Cynthia Lummis and Kirsten Gillibrand will be submitted. The revamped “Responsible Financial Innovation Act” aims to classify most crypto assets as commodities, similar to gold. This would bring them under the umbrella of the Commodities Futures Trading Commission (CFTC) rather than the Securities and Exchange Commission,...Read More
[PRESS RELEASE – London, UK, July 11th, 2023] Exinity Group, the global fintech business dedicated to providing investors with the freedom to succeed in digital markets, announced its entering into a strategic, long-term partnership with Boxwind, the digital exchange platform for cryptocurrency traders. Together, Boxwind and Exinity Group will transform the digital asset trading landscape,...Read More
