Author: Lalit Mohan
Coinbase and Lightspark collaborate to provide support for the Lightning Network
With the launch of Lightning Network functionality today, Coinbase—the biggest cryptocurrency exchange in the United States based on trade volume—will allow its customers to send, receive, or make payments using…
Celestia procedure for liquid staking Before the launch and airdrop of its token, MilkyWay raises $5 million
Co-founder and CEO of MilkyWay, a Celestia TIA -5.17% liquid staking protocol, JayB Kim said that the company has raised $5 million in a seed round headed by Polychain Capital….
Attorneys for Do Kwon and Terraform argue that rather than the $5.3 billion suggested by the SEC, sanctions should be closer to $1 million
Attorneys for Do Kwon, the co-founder of Terraform Labs, and the company claim that a fine of about $1 million, rather than the $5.3 billion that the US Securities and…
Keonne Rodriguez of Samourai Wallet enters a not guilty plea to accusations of money laundering and transmitting
As U.S. authorities press down on privacy-focused technologies, a co-founder of Samourai Wallet entered a not guilty plea on Monday to federal charges pertaining to his development of a program…
Stripe will assist Avalanche in growing the ecosystem’s user base and funding
Avalanche revealed that it has partnered with fintech Stripe to simplify the process for customers to put money to their wallets and buy digital assets. According to the company’s announcement,…
Three years’ worth of blocks are produced in a single week by a Bitcoin testnet griefing assault, upsetting engineers
The usual operation of the Bitcoin testnet network was interrupted by a griefing attack. When someone purposefully floods a network with transactions, it becomes overloaded and disrupts normal operations. This…
ZachXBT asserts Lazarus Group of North Korea converted $200 million in cryptocurrency to fiat money
According to an investigation by cryptocurrency detective ZachXBT, North Korea’s Lazarus Group converted $200 million worth of cryptocurrency into fiat money between August 2020 and October 2023. The analysis examined…
$200 million is invested by Tether in Blackrock Neurotech, a biotech company
The stablecoin issuer Tether USDT -0.0044% has made a $200 million investment in Blackrock Neurotech, a biotech business that develops technologies to assist those suffering from neurological illnesses, paralysis, and…
ZK Protocol Hinkal’s investment round is led by Anthony Scaramucci’s son, valued at $70 million
In a strategic investment round, Hinkal, a zero-knowledge (ZK) protocol that allows institutional investors to transact on-chain in private, has raised $1.4 million. The capital round was spearheaded by SALT…
Movement Labs is raising $38 million to bring Facebook’s Move to Ethereum, with Polychain Capital leading the round
In a Series A round headed by Polychain Capital, San Francisco-based blockchain development company Movement Labs has raised $38 million. Participating in the Move programming language-based project round were venture…
The creator of Worldcoin desires to collaborate with PayPal and OpenAI
In 120 countries, about 5.1 million Worldcoin users scanned their fingerprints to receive the cryptocurrency WLD. According to Bloomberg, the group behind Worldcoin WLD +0.43%, a cryptocurrency that scans the…
FBI advises Americans not to use unregistered cryptocurrency transmission services
Americans have been cautioned by the US Federal Bureau of Investigation not to use unregistered cryptocurrency money transmission businesses. The FBI’s Internet Crime Complaint Center (IC3) released a statement on…
Update to the Solana Network is planned for late May
Update on the Solana Network slated to occur in late May. With its mainnet beta scheduled for May 27, Solana is preparing for a big overhaul. In order to address…
Peter Thiel’s Founders Fund Invests in Crypto Accelerator Alliance
Peter Thiel’s renowned venture capital firm, Founders Fund, has recently made a strategic investment in the crypto accelerator Alliance, signaling its commitment to the burgeoning cryptocurrency space. With over $12…
Robert Kennedy Jr. said that he was going to place the whole US budget on blockchain
Despite his pro-crypto rhetoric, the presidential contender is still considered a marginal figure. The U.S. presidential race has seen a rise in interest in cryptocurrency and blockchain technology over the…
Coinbase Expands Trading Options with PEPE Perpetual Futures: Price Impact
Strong purchasing pressure is indicated by technical analysis, since the RSI is rising and the MACD shows a positive crossover. Coinbase International Exchange plans to add support for PEPE perpetual…
In Celo’s L2 Bid, optimism prevails over others, beating Polygon (MATIC)
After eight months, Celo’s struggle to select the ideal tech stack for its intended switch to an Ethereum Layer 2 chain has finally come to an end. The Celo Network’s…
Over $1 million is stuck in the optimism bridge in a cryptocurrency wallet connected to Vitalik Buterin
Bridge risks are highlighted by significant recent security breaches. According to reports, more than $1 million is stuck in the Optimism bridge in a cryptocurrency wallet connected to Ethereum co-founder…
The ‘Epic Satoshi’ auction is exclusive and has already doubled the bids to two bitcoins
The auction for the “epic satoshi” from the fourth halving, which was initially mined by the mining pool Viabtc, has begun on Coinex. The initial bid on this event, which…
Akash Network Increases by 50% on Upbit Listing
On the Cosmos blockchain, the cloud computing platform Akash was created and implemented using the Cosmos software development kit (SDK). The market value of the AKT token is more than…