Layer-2 Blockchain Mantle’s Token Hits All-Time High as Reward System Goes Live
[Mar 27, 2024 11:26 AM] The rally in the MNT token pushed the market cap of the blockchain to over $4 billion.
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MyShell, Blockchain Platform For Building 'AI Girlfriends' and Productivity Apps, Raises $11M
[Mar 27, 2024 10:54 AM] MyShell uses blockchains to let creators earn a profit for building AI apps and Her-like companions.
Ether.Fi's ETHFI Jumps 50% to Record, May Boost Valuations for Liquid Restaking Token Airdrops: Analyst
[Mar 27, 2024 10:31 AM] The performance of EtherFi's token could lift valuations of other restaking platforms ahead of their airdrops, one analyst noted.
U.S Has its Eleventh Spot Bitcoin ETF After Hashdex Fund Conversion
[Mar 27, 2024 10:14 AM] Trading under the ticker DEFI, asset manager Hashdex’s Bitcoin Futures ETF – which had been trading as a futures-based fund on the New York Stock Exchange since 2022 – was renamed and converted into the Hashdex Bitcoin ETF and now operates as a…
UK Ad Rules Apply to Influencers, Crypto Memes, Regulator Confirms in New Guidance
[Mar 27, 2024 10:05 AM] "The use of memes in promotions is particularly prevalent in the crypto-asset sector," the FCA's guidance said.
BOB, a 'Hybrid' Layer-2 Blockchain Mixing Bitcoin and Ethereum, Raises $10M
[Mar 27, 2024 10:00 AM] The round was led by Castle Island Ventures and included participation from Mechanism Ventures, Bankless Ventures, CMS Ventures and UTXO Management.
Casa's New 'Bitcoin Inheritance' Product Aims to Protect Generational Wealth
[Mar 27, 2024 9:02 AM] Bitcoin self-custody platform Casa announced that it’s launching a new inheritance product — Casa Inheritance — for its global customer base. Casa, known for helping crypto investors secure their BTC and other digital assets with multisig vaults…
Bitcoin ETFs Saw an Impressive $418 Million Rebound After Recent Outflows
[Mar 27, 2024 8:31 AM] Bitcoin U.S. spot ETFs saw a remarkable reversal this week, with a massive $418 million net inflow on Tuesday. This comes after the ETFs experienced 5 straight days of net outflows last week during Bitcoin's dip below $60,000.NEW: #Bitcoin ETFs saw…
Coinbase Loses Most of Motion to Dismiss SEC Lawsuit
[Mar 27, 2024 8:11 AM] A federal judge ruled the U.S. Securities and Exchange Commission (SEC) brought enough of a case arguing that Coinbase is operating an unregistered broker, exchange and clearinghouse that its suit against the crypto trading company should move…
KuCoin Withdrawals Spike to $1B in Crypto Amid U.S. Regulatory Clampdown
[Mar 27, 2024 7:54 AM] The surge occurred as U.S. federal prosecutors charged the exchange and two of its founders with violating anti-money laundering laws on Tuesday.
Amid Giant Crypto Rally, Hopes for Another DeFi Summer Soar
[Mar 27, 2024 7:43 AM] Since the approval of spot bitcoin ETFs in January, DeFi looks ascendant, triggering memories of 2020, aka DeFi Summer, when the space bustled with activity.
21Shares Lists ETP for Staking Telegram-Endorsed Token TON
[Mar 27, 2024 7:00 AM] The 21Shares Toncoin Staking ETP (TONN) listed on Swiss SIX Exchange on Wednesday.
Kucoin’s Legal Woes Spark Massive $1.7 Billion Withdrawal, Onchain Data Reveals
[Mar 27, 2024 6:30 AM] After the Kucoin indictment on Tuesday, subsequent onchain data from Nansen indicates that, to date, $1.7 billion in funds have been withdrawn from the exchange. Crypto Assets Worth $1.7 Billion Pulled From Kucoin Since the Department of Justice…
Crypto Chip Company Katena Wins Lawsuit Filed by Bitcoin Miner Coinmint
[Mar 27, 2024 6:30 AM] Crypto technology firm Katena Computing didn't trick miner Coinmint into a $150 million purchase agreement, a panel of arbitrators ruled last month in the mining company's suit against Katena and a semiconductor company called DX Corr.
Bitcoin Mining Was More Profitable in February Than January: Jefferies
[Mar 27, 2024 6:17 AM] Publicly traded North American mining companies produced a smaller share of new bitcoin last month, slipping to 17.5% of the total network, the report said.
First Mover Americas: HSBC’s Gold Token Introduced in HK
[Mar 27, 2024 6:01 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for March 27, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Illicit Funds in Crypto Ecosystem Shrank 9% Last Year, Yet Criminals Still Handled Nearly $35B: TRM Labs
[Mar 27, 2024 6:00 AM] Illicit activity in the cryptocurrency ecosystem appears to have reduced, with the total illicit funds shrinking by 9% in 2023 compared to 2022, even though criminals still handled over $34 billion worth of cryptocurrencies, Blockchain analytics…
Diamonds Arrive on a Blockchain With New Tokenized Fund on Avalanche Network
[Mar 27, 2024 6:00 AM] The tokenization of real-world assets – or placing traditional assets onto blockchain rails – is a growing trend in crypto with global financial giants entering the space.
Mega Whale Moves 2,000 Dormant Bitcoins From 2010 in Third Series of Transfers This Month
[Mar 27, 2024 5:30 AM] On March 1, a well-known colossal whale holding bitcoins from 2010 activated 2,000 dormant bitcoins across 40 transactions in a single block. Just four days afterward, on March 5, this entity once more made waves by transferring 1,000 bitcoins…
Three Decentralized Platforms to Merge AI Tokens, Create AI Alliance
[Mar 27, 2024 5:17 AM] The three firms are seeking to create an AI collective to provide a decentralized alternative to existing projects that are controlled by Big Tech.
Layer-1 Blockchain Peaq Raises $15M to Expand Its DePIN Ecosystem
[Mar 27, 2024 4:00 AM] Crypto market data provider Messari estimates that decentralized physical infrastructure networks could have a market value of $3.5 trillion by 2028.
OKX Quietly Settled Regulatory 'Failings' With Malta Financial Services Authority
[Mar 27, 2024 3:50 AM] The $322,000 “goodwill” settlement with MFSA related to OKX’s Okcoin Europe subsidiary.
Galaxy Digital Has Several Positive Catalysts in Play This Year: Canaccord
[Mar 27, 2024 3:25 AM] The crypto firm’s fourth quarter was solid, and commentary about the performance through the end of February was even better, the report said.
Hong Kong-Based Asset Manager VSFG and Value Partners Apply for Spot Bitcoin ETF
[Mar 27, 2024 3:13 AM] Asset Manager VSFG, together with its partners, Value Partners, have applied for a spot-bitcoin exchange-traded fund (ETF) with Hong Kong's Securities and Futures Commission (SFC), its Head of Investment & Products Brian Chan told CoinDesk on…
Russia Discusses Testing Digital Ruble for Budget Payments
[Mar 27, 2024 12:00 AM] The Central Bank of Russia and the Russian treasury are considering testing using the Russian CBDC, the digital ruble, to complete budget settlements. The tests would involve using this CBDC to make payments to businesses and citizens and receiving…
Vitalik Buterin Takes a Dig at the Metaverse, Calls it a Branding Ploy
[Mar 26, 2024 11:41 PM] Metaverse tokens have a $18 billion market cap, but we're not quite at Ready Player One yet.
HSBC’s Gold Token Goes Live for Retail Investors in Hong Kong
[Mar 26, 2024 11:19 PM] The bank is claiming bragging rights for being the first bank to create a blockchain-based real world asset aimed at retail investors.
Munchables Exploited for $62M, North Korea-Linked Exploiter Returns Private Keys to Web 3 Firm
[Mar 26, 2024 9:25 PM] The broader crypto community is calling for a controversial chain rollback in a bid to recover funds.
NEAR Launches Multichain Transaction From One Account Feature
[Mar 26, 2024 8:00 PM] Chain signatures allow users to transact on any network from one account.
Neutronpay Receives $1.5M Funding to Expand Bitcoin Lightning Network in Southeast Asia
[Mar 26, 2024 2:37 PM] Bitcoin Lightning Network company Neutronpay has secured a $1.5 million bridge funding round led by Axiom Capital, according to a press release sent to Bitcoin Magazine. This investment is to help Neutronpay bring instant and cost-effective payment…