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

New issuances of stablecoin Tether (USDT) are not currently affecting the prices of either major cryptocurrencies or smaller altcoins, Bloomberg reports August 24. In the article, Bloomberg noted that the allegations that Tether has been used to manipulate or stabilize the price of Bitcoin (BTC) — previously put forward in a paper from the University…

The US Securities and Exchange Commission has agreed to drop its lawsuit against Kraken, the cryptocurrency exchange revealed on March 3. The move ends what the exchange calls a “wasteful, politically motivated campaign” and “clears the path toward a stable, forward-thinking regulatory regime.” According to Kraken, the lawsuit is being dismissed with prejudice, with no

IBM has released its blockchain main net out of its data center located in Melbourne, Australia. This will purportedly allow their customers to run their applications on the company's cloud, according to an article published on news outlet ZDNet on Feb 11.The IBM platform was built on Hyperledger Fabric. Hyperledger is a project that aims…

Cryptocurrency markets rallied 12.5% over the past seven days to reach a $2.44 trillion market capitalization. However, that move doesn't seem to be inspiring confidence because the same level was tested 16 days ago when a 27% retrace followed ether's (ETH) attempt to break $3,650 over the next six days. Regulation seems to be a key…

Despite the significant milestone, Web3 gaming still needs more “soft” infrastructure for mass adoption, according to Sonic’s CEO

Optimistically speaking, Brad Garlinghouse thinks the case will be concluded in 3-4 months, though it could take longer. 256 Total views 3 Total shares

The value of crypto locked in DeFi increased by 17% due to ETH appreciation and a rise in trading activity.

Banana Gun has confirmed a $3 million loss caused by a vulnerability in its trading bot, which impacted experienced crypto traders.