Metalpha raising $100M to offer Grayscale Bitcoin products in Hong Kong
Metalpha has secured $20 million out of the planned $100 million for its new fund from overseas Chinese investors, the CEO said.
Posts published by Cointelegraph.com News 513/658
France’s metaverse consultation seeks input on alternative to tech ‘giants’
The government is asking about metaverse user experiences and concerns along with potential obstacles that local firms may face entering the virtual realm.
Hong Kong virtual bank to offer crypto conversions and accounts: Report
The account services for crypto firms come at a time when U.S.-based firms are struggling to find local banking partners and are frequently looking abroad.
Less than 1% of staked ETH estimated to sell after Shanghai upgrade: Glassnode
The analytics firm backed up its prediction, stating only 253 validators have signed up to fully exit their staked Ether position.
Push to ban ransomware payments following Australia's biggest cyber attack
The attack on Latitude Financial is Australia’s biggest cyber attack with driver's license numbers, passports and financial documents among the stolen information.
US needs to regulate stablecoins to keep a strong dollar: Stellar CEO
The United States and the greenback will suffer if stablecoin regulations are not rolled out this year, Stellar Development Foundation's chief has claimed.
Coinbase wins $470K restitution in insider trading case
The brother of a former Coinbase employee allegedly profited from an insider trading scheme and now has 20 years to repay the funds.
Circle and BlockFi questioned on banking with SVB by Warren and AOC
Circle and BlockFi executives were questioned after the lawmakers accused Silicon Valley Bank of “coddling” and giving “white glove” treatment to its largest depositors.
The feds must rein in crypto-financed terrorism
Government should develop Know Your Customer procedures for social media and messaging services and take stronger measures to track cryptocurrency transactions.
GPT-4 apps BabyAGI and AutoGPT could have disruptive implications for crypto
Crypto users are getting excited over the prospect of automating their trades with future-facing technologies built with the GPT-4 API.
Core Scientific debtors petition bankruptcy court to approve new president
The debtors appointed Adam Sullivan, a managing director at investment banking firm XMS Capital Partners, to assume the role of president amid the firm’s bankruptcy proceedings.
Stablecoin less preferable form of tokenized money, BIS paper finds
Bearer instruments such as stablecoin harken back to the days of pre-central bank “free banking,” with all the risks that implies, a BIS working paper says.
Bitfinex Securities El Salvador receives Digital Asset Service provider license in El Salvador
The license granted by El Salvador’s National Digital Asset Commission will allow Bitfinex Securities to issue and trade secondary assets on a regulatory-compliant platform.
Uniswap funds DAO incentive improvement project
The project will provide at least three proposals for Uniswap incentive mechanisms by June.
Wyoming defends crypto-friendly bank charter regime in Custodia Bank's lawsuit with Fed
“The State of Wyoming believes that this changes the tenor of the suit and in turn questions the legitimacy and viability of the State’s statutory framework," said AG Bridget Hill.
CoFund tokenizes $10M hotel in Bali via Tokeny
The minimum purchase amount for the hotel's tokenized ownership is $1,000.
Bitcoin continues to shine with 98% of inflows into crypto investment products
According to CoinShares, Bitcoin received $56 million of inflows last week, which accounted for 98% of all investments into digital asset investment products.
French central bank looks at certification, incorporation as part of DeFi regulation
The Banque de France presented a well-written consideration of issues related to DeFi and forthcoming MiCA regulation, with suggestions.
Bitcoin holds $30K, but some pro traders are skeptical about BTC price continuation
BTC traders are cautiously optimistic due to Bitcoin traditional assets, but there are still some macro headwinds to be aware of.
Bitcoin reaches $30K — Is this the start of the next bull run?
On this week’s episode of The Market Report, Cointelegraph’s resident expert discusses Bitcoin’s rise to $30,000.
US share of global crypto developers fell 26% in 5 years — a16z
In 2018, nearly 40% of all crypto developers were based in the United States, whereas in 2022, this figure had fallen to less than 30%.
Ronin (RON) bags a 500% gain as the gaming-focused project approaches a major upgrade
Ronin Network’s upcoming shift to a more decentralized consensus mechanism and partnerships with gaming studios has brought significant gains for the project’s RON token.
5 Natural language processing libraries to use
Natural language processing libraries, including NLTK, spaCy, Stanford CoreNLP, Gensim and TensorFlow, provide pre-built tools for processing and analyzing human language.
IMF reiterates call for crypto regulation after the ecosystem's 'rough year'
According to the IMF, regulations should include with “strict prudential requirements” for stablecoin issuers following the depegging of USD Coin and Dai.
Ethereum price retests key support level that preceded 60% gains in June 2022
Ether funds have witnessed inflows worth only $600,000 in the week ending April 7 compared to Bitcoin’s $56 million.
Razer gaming incubator zVentures issues call for Web3 submissions
Gaming hardware giant Razer has issued a call for Web3 gaming submissions through its zVentures corporate venture capital arm.
Bitcoin double top ‘invalidated’ amid fear CPI may fuel macro comedown
Feelings over BTC price action diverge across short and long timeframes as the upcoming CPI and PPI prints unsettle the mood.
Bitcoin miner CleanSpark purchases 45,000 ASICs for $145M
The BTC mining firm projects its mining power will reach 16 EH/s by the end of the year.
11 tips for companies considering blockchain to manage logistics
While blockchain can be impactful, it’s not a one-size-fits-all solution; it’s important to consider your unique situation and needs.
Firms combine blockchain and AR to develop port maintenance system
The project aims to increase the traceability of port maintenance operations by implementing blockchain certification.