Hashdex, a crypto asset management firm, has filed its registration statement, S-1, with the U.S. Securities and Exchange Commission for its Hashdex Nasdaq Crypto Index US ETF. Notably, the move is a step in its plans to be the first index-based crypto ETF in the U.S. that will track some digital assets in the Nasdaq...Read More
Amidst significant backlash for opting not to speak at the Bitcoin Conference, Vice President Kamala Harris has found an ally in SkyBridge founder Anthony Scaramucci. Voicing his support for the presumptive Democratic presidential nominee, Scaramucci criticized the ongoing narrative suggesting Harris’s administration’s hostility towards crypto. He contrasted this with former President and Republican nominee Donald...Read More
On July 25, the Jito Foundation made a splash with a major update that could transform staking and restaking on Solana. This new code release has the potential to shake up the entire blockchain landscape! Why Jito’s Restaking Code Matters Here’s why this is exciting – Jito’s code could enable Solana based apps to use...Read More
The Solana blockchain saw the launch of 30 meme tokens by celebrities last month, including those from notable figures like Andrew Tate and Soulja Boy, according to Jupiter Slorg’s recent statistics. On average, they have fallen by 94% from their peak values, with the top-performing tokens still suffering losses of over 70%, while half saw...Read More
[PRESS RELEASE – New York, New York, July 25th, 2024] Kintsu, an innovative liquid staking protocol, is thrilled to announce the successful completion of its $4 million seed funding round. The round was led by Castle Island Ventures, with additional support from prominent investors including Brevan Howard Digital, CMT Digital, Spartan Group, Breed VC, Arche...Read More
Marathon Digital, the world’s largest Bitcoin mining company, has announced its latest purchase of $100 million worth of BTC, increasing its stash to more than 20,000 BTC. According to a press release, Marathon is changing its approach to its Bitcoin treasury policy and adopting a full HDOL strategy. This means that the miner will hold...Read More
Coinbase’s UK unit – CB Payments Limited (CBPL) – was fined $4.5 million by the UK financial regulatory agency, the Financial Conduct Authority (FCA), for repeatedly violating a requirement that barred the firm from providing services to high-risk customers. While CBPL itself does not handle crypto transactions for customers, it serves as a “gateway” for...Read More
[PRESS RELEASE – Hong Kong, Hong Kong, July 25th, 2024] Nexabot AI, the leading developer of crypto tools based on Artificial Intelligence, has announced the launch of an innovative Cronos EVM trading bot. The bot provides Telegram users with a seamless and user-friendly interface for trading and monitoring assets on the Cronos EVM blockchain network....Read More
[PRESS RELEASE – Tortola, BVI, July 25th, 2024] The Tanssi appchain infrastructure protocol has announced a significant collaboration with Grupo Flow, one of Brazil’s largest media ecosystems, boasting over 23 million subscribers across multiple platforms. As Grupo Flow transitions into the blockchain space with the creation of Flow Chain, this collaboration signifies a milestone. Tanssi...Read More
Abstract: In this piece we compare the economic costs of attacking a Proof of Work network and a Proof of Stake network. We break down the analysis between the cost to rent the hashrate/stake and the cost to buy the hashrate/stake. We address the misconception than Proof of Stake networks are inherently much more expensive...Read More
[PRESS RELEASE – Hong Kong, Hong Kong, July 25th, 2024] The ‘Web3 Shopify of Social’ hits 30,000 onchain users in 2 weeks as the first app goes live OpenSocial Protocol, a composable infrastructure layer for building social applications, announced today a $6 million strategic backing led by Framework Ventures and North Island Ventures, with participation...Read More
A Bitcoin mining device with a hashrate of only 500 gigahashes per second (Gh/s) managed to mine a block on July 24, earning a reward of $206,000 in Bitcoin. This event stands out given that the device has only a 1 in 1.1 billion chance of achieving this approximately every ten minutes. $206,000 Block Reward...Read More
Investment management firm VanEck has outlined a scenario in which bitcoin (BTC) could reach $2.9 million per coin by 2050. This forecast is based on their “base case scenario,” which envisions bitcoin becoming a key international medium of exchange and ultimately growing to be one of the world’s reserve currencies. The Road to $2.9 Million...Read More
[PRESS RELEASE – London, England, July 24th, 2024] MoonTaurus, the latest entrant in the cryptocurrency market, has made an impressive debut by raising $100,000 within the first two hours of its presale launch. As the presale continues, the team hopes excitement around MoonTaurus will increase, so it can be positioned as a significant player in...Read More
Harris, who was nominated as candidate for the presidential election when Joe Biden bowed out of the race on July 21, may even speak at the upcoming Bitcoin 2024 conference in Nashville which starts on July 25. On July 24, the CEO of the event, David Bailey, said that they were in talks with the...Read More
