Lolli Secures $8M in Series B Funding to Boost Crypto Adoption Through Innovative Rewards System
With a fresh infusion of $8 million in Series B funding, Lolli aims to be well positioned to continue improving upon and growing the cryptocurrency rewards sector. Lolli Secures $8 Million for Crypto Rewards Market Expansion Lolli, a prominent…
Ethereum Supply Turns Deflationary Post-Merge, Here’s How Much ETH Has Left Circulation
Ethereum has seen its deflationary status once again in the limelight as the network continues to see a significant decline in the number of ETH tokens in circulation. This comes on the back of the belief that the bull run and some other factors…
Bitcoin Rewards Platform Lolli Concludes $8M Series B Funding Round
Lolli, a leading bitcoin and cashback rewards platform, has announced the successful closure of an $8 million Series B funding round today, according to a press release sent to Bitcoin Magazine. The investment was led by BITKRAFT Ventures…
Blockstream targets continued Bitcoin miner surplus with Series 2 BASIC Note
Blockstream CEO Adam Back says 2023 presented a unique investment opportunity with Bitcoin’s price doubling amid low ASIC miner prices on secondary markets.
In a significant blow to the decentralized finance (DeFi) sector, the Sushi DeFi protocol has fallen victim to its second exploit this year. The protocol’s Chief Technology Officer (CTO), Matthew Lilley, has issued a stark warning to users…
Ledger Library Exploit Alert: Users Warned Against Interacting With Dapp Front Ends Amid Wallet Drainer Risk
According to several reports, there’s been an alleged Ledger Connectkit Library exploit and people are being warned not to interact with decentralized application (dapp) front ends. Reportedly, the library that maintained several dapps now contains…
Google slashes price of Gemini AI model, opens up to developers
Google parent company Alphabet said it was slashing prices for its pro version of AI model Gemini and plans to make its tools more accessible to developers to create their own versions.
First Mover Americas: JPMorgan Cautious About Crypto Markets in 2024
The latest price moves in bitcoin [BTC] and crypto markets in context for Dec. 14, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Ledger patches vulnerability after multiple DApps using connector library were compromised
Multiple decentralized applications using Ledger’s connector library have been compromised, including SushiSwap and Revoke.cash. Ledger claims the issue has been fixed.
TMX buys 78% of ETF tool VettaFi for $848M, boosting stake to 100%
Toronto Stock Exchange owner TMX is finalizing the purchase of VettaFi, an ETF tool that lists blockchain and cryptocurrency-themed E3TFs, including the VanEck Digital Transformation ETF.
Bitcoin Spot ETF Applicants To Integrate Mandatory Cash Redemption Model
Recent reports have revealed that the United States Securities and Exchange Commission (SEC) has implemented a “new regulatory standard” for all Bitcoin Spot Exchange-Traded Fund (ETF) applicants while awaiting approval from the…
Sushi Hit by Front-End Exploit; Compromised Ledger-Linked Kit Endangers Other DeFi Protocols
Decentralized finance (DeFi) protocol Sushi has reportedly been hit by a front-end exploit, with the company's CTO issuing a warning about an industry-wide exploit related to a "commonly used" web3 connector.
Report: Montenegro High Court Extends Do Kwon’s Detention by 2 Months
Do Kwon, the ex-CEO of Terraform Labs, is set to spend two months in Montenegro custody after the country’s High Court moved his release date to Feb. 15, 2024. While Do Kwon reportedly prefers being sent to South Korea, Montenegro’s…
Solana Shows Its Mettle As SOL Barrels Past $70 – Details
SOL investors are enjoying this year’s festive season as Solana enters the $70 mark today, backed by extremely bullish market conditions. According to CoinGecko, the token is up 12% in the weekly timeframe, with the biggest jump in the monthly at…
OpenAI, Axel Springer in deal to integrate AI and journalism, tackle AI ‘hallucinations’
German media giant Axel Springer has partnered with OpenAI to seek ways to enhance ChatGPT by integrating journalism and AI to reduce “hallucinations.”
Discussion on the Volcano Bonds, a series of digital debt instruments that would be used to finance the creation of Bitcoin City, has resurfaced after their regulatory approval in El Salvador. The Bitcoin Office in the country revealed that it…
Global Banking Regulator Wants Tougher Criteria for Giving Stablecoins Preferential Risk Treatment
The Basel Committee for Banking Supervision wants to tighten requirements that allow stablecoins to qualify as less risky than unbacked cryptocurrencies like bitcoin.
Crypto Analyst Reveals Uncanny Similarities In The Bitcoin Charts Of 2020 And 2023
A crypto analyst has revealed what seems to be one of the most uncanny similarities in two separate Bitcoin charts. The two charts taken from 2020 and 2023 show a very similar price trend, and the most important part is what happens if Bitcoin…
The head of the Philippines SEC clarified that Binance and any other unregistered exchange issued with an advisory has three months before they are banned from the country.
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