Story Protocol Developer Raises $80M Series B, Led by A16z, for Intellectual Property Chain
"We’re focused on solving a real problem that impacts the creative industry, not just creating another technical tweak," Story Protocol CEO SY Lee says.
Gate Ventures, Abu Dhabi Blockchain Center Launch $100M Innovation Fund
Gate Ventures (crypto exchange Gate.io’s VC arm) and Abu Dhabi Blockchain Center partnered to launch Falcon Gate Ventures, a $100 million fund supporting Web3 innovation. The fund aims to stimulate global Web3 growth and solidify the United…
Bitcoin Underperformance Precedes ‘Insane Altcoin Rally,’ Expert Warns Of Repeat
According to market expert Jamie Coutts, after an extended period of consolidation and lackluster performance by the two largest cryptocurrencies, Bitcoin (BTC) and Ethereum (ETH), the market may be poised for a resurgence. Coutts believes the…
Tether plans to launch dirham stablecoin with UAE partners
Tether teams up with UAE's Phoenix Group PLC and Green Acorn Investments to launch a Dirham-backed stablecoin, enhancing international trade and remittances.
Abu Dhabi proposes framework for fiat-referenced tokens
FRTs are a type of stablecoin backed by liquid assets denominated in the same currency as the token and can be liquidated with minimum adverse price effect.
Binance Faces Renewed Legal Battle Over Alleged Crypto Money Laundering
Binance and its former CEO, Changpeng Zhao (CZ), are facing a revived class action lawsuit in the U.S. District Court for the Western District of Washington, Seattle. The lawsuit, filed by three cryptocurrency investors, alleges that Binance…
McAfee introduces AI deepfake detection software for PCs
McAfee releases the first AI-powered deepfake detection software, available for select Lenovo AI PCs, which aims to protect users from “digital deception” through AI-generated fake content.
Bitcoin Resistance: Here Are The Challenges Ahead For BTC
Bitcoin has certain on-chain resistance levels coming up that could threaten future rallies. Here are the exact prices at which they lie. Bitcoin Short-Term Holders Have Their Cost Basis At These Levels Ahead As explained by CryptoQuant author Axel…
Roman Ziemian Arrested in Montenegro for Alleged $21 Million Cryptocurrency Fraud
Roman Ziemian, co-founder of the cryptocurrency platform Futurenet, was arrested in Montenegro for allegedly orchestrating a $21 million cryptocurrency fraud scheme. The arrest was part of an international law enforcement operation involving…
Zenrock Aims to Calm Users' DeFi Wobbles With Decentralized Custody Offering
Crypto custody upstart Qredo has got a new lease of life after being bought out of administration by Dan Tapiero’s 10T Holdings and 1RoundTable Partners. The company is soon to relaunch as Zenrock.
Bitcoin Bear Trap? Goldman Says Wednesday's U.S. Jobs Report Is Likely to Overstate Weakness
On Wednesday, the Bureau of Labor statistics will publish a preliminary estimate of the benchmark revision to the level of monthly nonfarm payrolls (jobs report) from April 2023 to March 2024.
Hedera Developer Community Remained Vibrant In Q2 2024: When Will HBAR Turn The Corner?
Despite the challenges across the board, Hedera, a business-focused platform, especially in Q2 2024, continues to build and enhance its ecosystem further. According to a Q2 2024 review shared across X on August 19, analysts noted improvements made…
Ledn Secures Landmark $50 Million Bitcoin-Backed Loan From Sygnum to Expand Retail Lending Operations
Ledn, a crypto lending firm, has secured a $50 million Bitcoin-backed syndicated loan from Sygnum, a Swiss digital asset banking group. This loan will be used to expand Ledn’s retail lending operations, providing additional liquidity to the crypto…
Trump Tops Harris on Polymarket; Tron, Cardano in the Green as Bitcoin Sinks
Traders said that bitcoin would need to break above the $61,000 level and stay above it if sentiment were to change among market participants. PLUS: Trump retakes lead over Harris and Tron’s TRX surges on Sunpump.meme’s growth.
El Salvador launches Bitcoin certifications for civil servants
El Salvador’s government aims to upskill 80,000 employees through a comprehensive Bitcoin certification program, emphasizing strategic management and public policy.
Another Crypto 'Fraudster' Arrested in Montenegro, Where Do Kwon Awaits Extradition: Reports
Polish national Roman Ziemian, the co-founder of digital currency trading platform FutureNet who allegedly defrauded users out of around $21 million has been detained in Montenegro, according to multiple reports citing an announcement from the…
Battleground At $60,000: Bitcoin Faces Pivotal Test As Bulls Aim To Reclaim Key Support
The world’s largest cryptocurrency, Bitcoin (BTC), has struggled to maintain a foothold above the critical $60,000 price level in recent trading sessions, as the digital asset finds itself caught in a tug-of-war between bullish and bearish…
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