Tag: Cryptocurrency
Raise Secures $63M Funding to Expand Blockchain Gift Card System
Summary:
Raise, a company backed by PayPal, has secured $63 million in funding to expand its blockchain gift card system. The company aims to transform digital gift cards into a "programmable retail currency" to enhance...
Solana Price Prediction: Hedge Funds & VCs Expect $600 Target
Hedge funds and venture capital firms are optimistic about Solana's future, with many expecting the cryptocurrency to reach $600 during this bull cycle. According to the "Q4 2024 Crypto Investment Manager Survey" by MV...
Bitcoin Price Drops Below $59K with $230M Crypto Liquidations
Bitcoin's price recently fell below $59,000 due to concerns about potential sell pressure from Mt. Gox repayments and potential miner sales. This drop also affected other major cryptocurrencies such as ether and Solana's SOL....
Bybit Livestream: Innovations in Crypto & AI with Star-Studded Lineup
Bybit, the world's second-largest cryptocurrency exchange, has announced an upcoming livestream event focused on exploring the latest innovations in crypto and the integration of AI. The event, titled "Blinks, AI, Ignition: Bridging Web3 and...
Coinbase Urges Banks to Avoid Offering Basic Bitcoin Services: Unredacted FDIC Letters
Coinbase Reveals Unredacted FDIC Letters Urging Banks to Avoid Basic Bitcoin ServicesIn a recent development, Coinbase's chief legal officer, Paul Grewal, has shared unredacted letters from the Federal Deposit Insurance Corporation (FDIC) urging banks...
Advocating for Stage 1 Decentralisation: Base Network’s Initiatives – CoinJournal
Base Network, a layer 2 chain developed by Coinbase, has taken a significant step towards Stage 1 Decentralisation by implementing fault proofs on the Base Sepolia testnet. This move marks an important milestone in...
German Bitcoin Sales See ‘Negligible’ $326M While Receiving Small CoinJoin Deposits
The German government's Bitcoin wallet recently received a small amount of Sats from a CoinJoin address, even as it continues its significant selling activity. According to on-chain data from Arkham Intelligence, the German government...
Gary Wang Requests No Jail Time in FTX CTO Case
Gary Wang, the former chief technology officer at FTX, has requested to serve no prison time for his involvement in the crypto exchange's 2022 implosion. Wang, who pleaded guilty to four criminal counts in...
Bitfinity Launches New Layer-2 Mainnet Bridging Bitcoin and Ethereum, Raises $12M
Bitfinity Network has recently launched its new Layer-2 mainnet, bringing Bitcoin and Ethereum closer together. The project has successfully raised $12 million, showcasing significant institutional backing and community support. The main goal of the...
SEC to approve Ether ETFs by September as Society’s presale begins in 4 days Spot...
The Securities and Exchange Commission (SEC) chair has announced that spot Ether ETFs are expected to receive full approval by September. This development will allow spot Bitcoin and Ether ETFs to be accessible to...
