Blockchain database firm SxT Labs raises $20M in Series A round

Venture capital continues to flow into the crypto industry, with high-profile investors such as American Express taking part in the new economy. 370 Total views 11 Total shares Cryptocurrency trading platform Abra has raised $55 million in funding to bootstrap the next phase of its growth strategy, bringing several high-profile investors on board from both…

Jan Marsalek reportedly bragged of ties with Russian intelligence services and touted secret documents about chemical weapons used in the UK. 628 Total views 13 Total shares Wirecard’s recently-prosecuted former Chief Operations Officer, Jan Marsalek, may have had ties to Russian intelligence services. He also allegedly held secret documents about the use of a Russian…

Three exclusive Top Shot NFTs will be minted to commemorate this weekend’s NBA Summer League games. 299 Total views 346 Total shares NBA Top Shot, the popular pro-basketball NFT collectibles from Dapper Labs, will sell exclusive tokens at NBA Summer League games scheduled in Las Vegas for next week.The tokens will be the first Top…

Twitter CEO sees opportunities to integrate Bitcoin into services like commerce, subscriptions and new features like Twitter Tip Jar and Super Follows. 199 Total views 6 Total shares Bitcoin (BTC), the world’s largest cryptocurrency by market capitalization, will be one of the key trends for the future of Twitter, CEO Jack Dorsey declared.Twitter CEO said…

Since the start of the week Ether (ETH) has gained more than 17% and the gains appear to be connected to increasing stablecoin use and the rise of DeFi applications. As reported by Cointelegraph, Ethereum network usage surpassed Bitcoin’s, doubling the volume settled over the entirety of 2019.Another possibly bullish factor in the background is the…

Stablecoin operator Tether is building specialized Bitcoin mining software aimed at using data analytics to optimize mining operations and boost production, CTO Paolo Ardoino says. 271 Total views 2 Total shares Stablecoin issuer Tether (USDT) is building specialized software to optimize Bitcoin mining and renewable energy operating using data analytics, following recent investment endeavors into both…

DeFi could fall under regulatory pressure if it is seen as a haven for money laundering. The rapid growth in decentralized finance and yield farming is likely to attract greater regulatory attention according to a recent report.A joint research paper by global management consulting firm BCG Platinion and Crypto.com has indicated that the rapid growth…

The Squid Game token was surging despite multiple scam warnings and topped above $2,800 before plummeting to less than $0.01. 1989 Total views 22 Total shares Following a mind-blowing price surge, the Squid Game (SQUID) token plummeted over 99% shortly after Twitter flagged its “official” accounts on the social media platform as suspicious.According to data…

More than a year ago software developer and member of the Ethereum Foundation, Hudson Jameson, announced plans to launch Metropolis, the third stage on the way to moving the platform to Proof-of-Stake (PoS). All this time, the developers have been keeping secret the date of its final phase, called Constantinople, which is to be held…