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….
How to mine Nervous Network in 2024
The Common Knowledge Base, the layer 1 blockchain of Nervos Network, uses Proof of Work (PoW) mining to achieve consensus at the base of the ecosystem. PoW mining is essential…
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…
EigenLayer announces a plan to allocate 15% of the token airdrop to ecosystem participants
Protocol for retaking In May, EigenLayer will debut a native token, which will be distributed through an airdrop for platform staking users. According to a release, the independent non-profit Eigen…
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…
MicroStrategy increases its total holdings to 214,400 BTC in April after purchasing 122 BTC
MicroStrategy, led by Michael Saylor, disclosed fresh data on its bitcoin holdings on Monday in conjunction with its first-quarter 2024 financial report. According to the quarterly report, the company currently…
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…
Transaction volume for Tether, USDC, and DAI exceeds Visa’s monthly average for 2023: Nansen
According to Nansen, the volume of transactions for Tether, USDC, and DAI during the last 30 days has exceeded Visa’s monthly average for 2023. According to onchain expert Nansen, the…
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…
Yuga Labs focuses on a smaller crypto-native staff by restructuring the organization and eliminating jobs
Due to internal restructuring, the web3 behemoth Yuga Labs had to let go of several team members on Friday. Greg Solano, a co-founder of Yuga Labs and the company’s new…
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…
Ethereum Surges as Transaction Fees Plummet to Six-Month Low
Ethereum has emerged as the top-performing digital asset of the week, experiencing a notable price increase of over 6% to surpass $3,300. This surge in Ethereum’s value coincides with a…
BlackRock’s Bitcoin ETF Sees Three Consecutive Days of Zero Inflows
BlackRock’s iShares Bitcoin Trust (IBIT) has encountered a notable trend, experiencing three consecutive days without any new investments, a stark deviation from its previous streak of continuous inflows lasting 71…
DOJ Challenges Tornado Cash Developer’s Dismissal Motion, Rattles Crypto Traders
The recent stance of the US Department of Justice (DOJ) against Roman Storm’s motion to dismiss in the Tornado Cash case has triggered concerns within the cryptocurrency market. The DOJ,…
Google Cloud’s Web3 Portal Launch Triggers Debate in Crypto Community
Google Cloud has recently introduced its Web3 portal, designed to cater to blockchain developers by providing access to datasets and tutorials on non-fungible tokens (NFTs). However, the response from the…
zkSNACKs Blocks Access for US Users to Wasabi Wallet: Regulatory Pressures Tighten
In a recent move, zkSNACKs, the developer behind Wasabi Wallet, has announced a ban on U.S. citizens accessing its services. The decision, outlined in a post on the Wasabi Wallet…
Movement Labs Secures $38 Million Investment Led by Polychain Capital
San Francisco-based blockchain developer Movement Labs has successfully raised $38 million in a Series A funding round, with Polychain Capital leading the investment. This substantial funding is intended to bolster…