Champaign, Illinois, United States, July 2nd, 2024, Chainwire Pi Squared, (Proof of Proof), announced the closure of their first capital raise. Led by Polychain Capital, the syndicate includes ABCDE, Bloccelerate, Generative Ventures, Robot Ventures, and Samsung Next. Angel investors include Shumo Chu, Harish Devarajan, Justin Drake, Sreeram Kanaan, Csongor Kiss, George Lambeth, Yilong Li, Calvin…
Over the past seven days, data reveals that the German government has transferred 3,820 BTC to cryptocurrency exchanges, with around 2,165.49 BTC moved in the last eight hours. German Government’s Bitcoin Transfers Cause Stir A week ago, Bitcoin.com News reported that the German government’s wallet, containing bitcoins seized from a piracy website, held 47,179 BTC…
Over the last few weeks, bitcoin (BTC) has failed to benefit from a favorable macroeconomic climate that has triggered significant rallies in equities. Analysts attribute this to supply overhang stemming from prolonged selling by BTC investors and miners. However, the tide may soon change as selling pressure from Bitcoin miners is decreasing. According to the…
Paxos has secured full approval from the Monetary Authority of Singapore (MAS) to offer digital payment token services, positioning Singapore as a key player in Paxos’s global stablecoin operations. The approval permits the issuance of stablecoins compliant with MAS’s forthcoming regulatory framework. DBS Bank Named Main Banking Partner as Paxos Secures MAS Approval Paxos, a…
The crypto market is heating up in July – and meme coins are leading the way. Let’s examine the prospects of Pepe, Brett, and PlayDoge, three joke tokens that might be set for big things this month. July Could Be Make or Break Month for PEPE First up is Pepe (PEPE). The token has been…
New York, New York, July 2nd, 2024, Chainwire Cartesi, a modular execution layer protocol that equips developers with access to a full Linux environment, and Avail, a modular blockchain framework designed to unify web3 and optimize data availability (DA) for scalable and customizable applications, are pleased to announce a close collaboration set to significantly advance…
Web3 technology, often described as the future of the internet, transforms how we interact with the web by bridging decentralized internet experience and blockchain. Despite its inherent benefits, only a small number of users have embraced the innovation, compared with the vast majority saturating the Web2 space. TOKERO, a Romanian crypto exchange, introduces an easy…
According to the Los Angeles Police Department (LAPD), a 26-year-old man was arrested and charged with stealing $579,000 worth of application-specific integrated circuit (ASIC) bitcoin miners. Local reports confirmed that the man has been released from jail, and the LAPD stated that the investigation is ongoing. Canyon Country Resident Accused of Stealing $579K Worth of…
TL;DR Bitcoin’s price has dipped by 15% since mid-March, yet signs indicate the bull run might not be over. Reduced selling pressure and investor sentiment suggest a potential buying opportunity for the asset. No More Greed Bitcoin’s price has dipped by 15% since the all-time high of over $73,500 observed in mid-March. However, some important…
Solana (SOL) has solidified its reputation as a premier blockchain platform, recognized for its high-speed transaction capabilities and robust infrastructure supporting decentralized applications. The latest move by 21Shares to file for a Solana (SOL) ETF in the US marks a significant milestone, following in the footsteps of VanEck. This filing is a testament to the…