Bitfinity Network launches Bitcoin L2 with $12M backing
Bitfinity Network secures $12M to bring EVM compatibility and expanded DeFi functionality to Bitcoin using ICP’s Chain Fusion.
Related Posts


Risk-on assets? Trump tariffs lead to mass Bitcoin, crypto liquidations
US President Donald Trump’s tariffs have shocked markets as investors fear an impending trade war.

Institutional investment flows out of ETH and into competing L1 altcoins
Analysis from CoinShares shows investors favored smaller altcoins last week as capital outflows for Ethereum hit $17 million. 761 Total views 4 Total shares Institutional investors have shifted their attention from Ethereum (ETH) to competing Layer 1 blockchains of late, with capital inflows for altcoin investment products increasing last week whilst Ether products posted outflows…

Aussie household name threatens to sue The Guardian over Bitcoin scam ads
The legal team behind the case called it a “prolific cryptocurrency scam.” 245 Total views 1 Total shares Electronics entrepreneur Dick Smith — who is a household name in Australia — has threatened a lawsuit against a major media outlet after it hosted ads that linked to fake articles suggesting Smith is promoting a fake…

Line messenger’s NFT arm raises $140M for Web3 services
Line Next will use a part of the $140 million fund to introduce new Web3-focused services, which include a social app that uses AI-generated characters and Web3 games. Line Next, a venture dedicated to the growth of the nonfungible token (NFT) ecosystem, has raised $140 million as it prepares to launch a global NFT marketplace in

Crypto-friendly banks mismanaged traditional risks, FDIC head tells Senate hearing
It all started with FTX, FDIC head Martin Gruenberg said; he emphasized that the American banking system remains sound. 105 Total views 1 Total shares Own this piece of history Collect this article as an NFTThe United States Senate Banking Committee held a hearing March 28 on the regulatory response to recent bank failures. Officials…

Bitcoin Starts Strongest Quarter Q2 With Price Down Just 10% YTD
Bitcoin (BTC) has in total suffered just 10% from the coronavirus outbreak which obliterated stocks and caused the United States to print $6 trillion.That was according to the latest quarterly price data from monitoring resource Skew.com on March 31, which showed that for Q1 2020, BTC/USD is only down by around 10.7%. Bitcoin streets ahead of…

Bitcoin price hits new record high in these 7 countries
Bitcoin price hits a new record high in seven national currencies of 500 million people. 1173 Total views 1 Total shares Compiled by entrepreneur and market commentator Alistair Milne, exchange rate figures show that at this week’s highs, Bitcoin was worth more in seven currencies than ever before.Countries where #Bitcoin has hit a new ATH…

Marathon Digital will use landfill methane to mine Bitcoin in Utah pilot project
The BTC miner has partnered with startup Nodal Power for a green, off-grid project that is a small start for a potentially big advancement. 358 Total views 7 Total shares Marathon Digital has begun mining Bitcoin (BTC) using power generated from methane gas siphoned off a landfill. The 280-kW off-grid pilot project is operating in