With increasing cryptocurrency-related crimes in Hong Kong, Bitrace has ramped up its efforts to tackle the problem. The prominent data analysis company has reportedly conducted training sessions on on-chain fund tracking for members of the Hong Kong Police Force. Bitrace Bolsters Efforts to Combat Crypto Crimes The latest initiative is part of the company’s Corporate...Read More
The crypto markets took a hit from the rising CPI data in the U.S., increasing the volatility in the already volatile market. With close relations to the U.S. market, despite being the flag-bearer of decentralization, Bitcoin’s price crumbled this week. With a sharp 4% fall last night, Bitcoin’s price closed the day at $67,150, recovering...Read More
Bitget experienced significant growth across its trading volumes and user base in the first quarter of 2024, riding the wave of widespread market resurgence. The Seychelles-headquartered exchange revealed that its futures trading volume soared to around $1.4 trillion, marking a 146% increase, while spot trading volume surged by 113% to exceed $160 billion. Bitget saw...Read More
Despite venture capital activity declining across the board, funding for Bitcoin startups more than quadrupled in 2023, according to a new report. Research from Trammell Venture Partners (TVP) shows that the number of Bitcoin-native pre-seed deals ballooned 360% last year, while the number of funded Bitcoin companies rose by 56.9%. VC Funding Explodes On Bitcoin...Read More
The cryptocurrency market saw a massive correction in the past two days, starting with a red Friday and followed by a Saturday massacre. While the reasons are still debated, even though they seem to be external and not related to the industry itself, the fact is that the total market cap shed over $400 billion...Read More
On April 12, Coinbase’s legal counsel filed a brief asking the court’s permission to seek an interlocutory appeal in its case. The controlling question was whether an “investment contract” requires something contractual. Coinbase believes it does, whereas the SEC disagrees. An interlocutory appeal occurs when a ruling by a trial court is appealed while other...Read More
With less than 1000 blocks left for Bitcoin Halving, the altcoins present a shift in the underlying gears to fuel the next sprint. As the anticipations of a bull run in Bitcoin with the Halving event grow intense, the altcoin season could follow behind it. With such optimism in the market, altcoins showcase the potential...Read More
Bitcoin Layer 2 solutions have gained significant traction this year but have also drawn their fair share of criticisms. Mempool founder Mononaut has strongly criticized them and pointed out several drawbacks from a technical standpoint. Interestingly, Mononaut’s stance gains support as Bitcoin Ordinals founder Casey Rodarmor. Bitcoin Layer 2 Under Fire The main objective of...Read More
The highly anticipated Dencun fork on March 13th has significantly boosted the adoption of Layer 2 solutions on Ethereum. This was evidenced by the surge in increased activity post-upgrade. Intotheblock’s latest analysis revealed a similar trend as it noted a surge in the number of transactions on Ethereum’s layer 2 solutions after the Dencun upgrade....Read More
