Tag: Cryptocurrency
Lightning Labs launches updated Taproot Assets with the goal of enhancing stablecoin settlement
The capacity to create digital assets, such as stablecoins on Bitcoin BTC -2.19%, and then send them via the Lightning Network was made possible by Lightning Labs’ announcement that Taproot…
Singapore grants Hex Trust, a cryptocurrency custodian, a preliminary MPI license
In an effort to grow in the city-state of Singapore, institutional crypto custodian Hex Trust has received in-principle permission for a Major Payment Institution (MPI) license. The Monetary Authority of…
Apple Pay Is Integrated Into VeWorld Wallet Through Transak Integration
Transak, a supplier of fiat on-ramp services, has been incorporated by the VeChain Foundation into VeWorld, the self-custody cryptocurrency wallet of the VeChainThor blockchain. This improves the wallet’s functionality by…
INJ Staking Rewards Will Be Available With 21Shares AINJ ETP
21 Parts With exposure to INJ on well-known financial platforms, AINJ ETP makes it possible to stake for rewards. It is effective and easily obtainable because it is supported by…
LI.FI releases an incident report detailing a roughly $12 million hack, attributing it to “human error”
The well-known cross-chain blockchain protocol LI.FI, which was compromised on Tuesday, has released an incident report demonstrating how a single human mistake during a smart contract update made the protocol…
Cypherpunk Holdings increases its holdings in Solana “significantly”
According to a statement released on Tuesday, Cypherpunk Holdings has dramatically boosted its solana holdings. The publicly traded investment corporation located in Toronto, Canada, has increased the value of its…
After bitcoin’s recovery, Cipher, Coinbase, and MicroStrategy drive the rise in cryptocurrency stocks
The surge in bitcoin led to a record-breaking day for stocks linked to cryptocurrencies on US indices on Monday. Monday was a really good day for cryptocurrency miners. The largest…
ZAP, a mechanism for distributing tokens, has secured $100 million in funding
ZAP, a token distribution solution built on the Ethereum Layer 2 network Blast, disclosed funding totaling $15.1 million. ZAP’s founder and CEO, Francis, went by pseudonym, said that the cash…
Peeking Duck Studios and the Xai Foundation Team Up to Release a Special Web3 Game
The Xai Foundation has revealed that My Angry Yakuza Girlfriend (MAYG), a new game from Peeking Duck Studios, will launch exclusively on the Xai blockchain. With this partnership, a distinctive…
A cross-chain hub Greetings from Chainlink BUILD to Interport Finance
To strengthen its ecosystem, the initiative will make use of Chainlink’s oracle services and technical assistance. The Interport Finance team declared on Thursday that the adoption of cross-chain swaps and…
Malaysian bitcoin miners have stolen $723 million in power since 2018: Report
The deputy minister for energy and water in Malaysia claims that between 2018 and 2023, illicit cryptocurrency miners in the country stole $723 million worth of electricity. According to a…
Ethereum ETFs, according to Bitwise CCO, are “almost there,” and the SEC is taking new applications
Spot Ethereum ETFs are almost there, according to Bitwise CCO Katherine Dowling, who also mentioned that the SEC is open to talking about other products. As per Dowling’s July 9…
By year’s end, Goldman Sachs will introduce three tokenization initiatives, according to the head of digital assets
According to McDermott, Goldman Sachs plans to increase the range of cryptocurrencies it offers. These plans include bold efforts in the tokenization space, which is currently quite popular and involves…
July 2025 is the new deadline for Worldcoin WLD claims
Extending the Worldcoin WLD claim deadline. Reservations made between July 24, 2023, to July 31, 2024, are currently valid for redemption through July 31, 2025. Worldcoin has just declared an…
A former vice president of Morgan Stanley raises $3.5 million to finance Tread.fi, an algorithmic bitcoin trading platform in its early stages
A former employee of Morgan Stanley founded Tread.fi, an algorithmic cryptocurrency trading platform, and it has raised $3.5 million in a pre-seed fundraising round. According to Tread.fi on Wednesday, New…
Multicoin Capital, an investment business, says it will match SOL up to $1 million to support candidates who are pro-cryptocurrencies
Up to $1 million will be donated by blockchain and cryptocurrency investment firm Multicoin Capital to help Republican senators who favor cryptocurrencies. The company declared that, for the next ten…
63 Applications for Crypto Asset Service Provider Licenses Are Approved in South Africa
Retraction of 80 License Applications The regulator of the financial services sector in South Africa, the Financial Sector Conduct Authority (FSCA), has licensed sixty-three crypto asset service providers (CASPs). With…
The cryptocurrency market has seen $295 million in exchange liquidations in the last day
In the last day, there has been intense selling pressure on Bitcoin, which has caused the cryptocurrency to drop below the $60,000 support level and to a recent low of…
$20 million grant for Web3 projects launched in China by DWF Labs
A $20 million Cloudbreak Fund has been established by Web3 investor and market maker DWF Labs to assist Web3 projects and entrepreneurs in Chinese-speaking areas. An official press release provided…
Nycrypto Labs raises $800k to launch a platform that combines bitcoin and other features. Tidus
With the goal of quickening the Web2 to Web3 shift, the blockchain development hub Nycrypto Labs has announced that it has successfully collected $800,000 in pre-seed funding. The release of…