Ethereum reclaims 42% outflows from Solana: DeFi Report
The DeFi Report founder, Michael Nadeau, said most of the value that left Ethereum flowed to layer 2s that would continue to drive value to the layer-1 blockchain.
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Crypto Markets Turning Green, Oil Prices Tumble
Thursday, May 23 — Cryptocurrency markets are starting to move upward, having overcome the drop in the beginning of the day, according to Cointelegraph’s Coin360.Market visualization from Coin360The leading cryptocurrency bitcoin (BTC) started the day at $7,638 gradually reaching its intraday high of $7,946. At press time, bitcoin is trading at around $7,914, up 2.64%…
Skild AI announces $300M funding from Jeff Bezos, Softbank to build ‘robot brains’
Another unicorn has entered the race the develop human-level AI.
DeFi market stages a comeback as derivatives surge
Onchain derivatives fuel DeFi’s resurgence, with daily volumes reaching $5 billion amid rising competition.
H&R Block Offers Solutions for Taxpayers With Crypto Transactions
United States-based accounting firm H&R Block has begun serving as an intermediary between crypto users and the Internal Revenue Service (IRS) after the agency began sending letters to crypto traders who may have failed to report income and pay taxes.According to a Sept. 24 news release, H&R Block has rolled out a new service targeting…
SEBA Bank launches regulated gold token to enable digital ownership of physical gold
"Gold plays a major role in the capital markets. With a market cap of over $11 trillion, it offers investors a reliable hedge against inflation and a store of value irrespective of economic turbulence," says SEBA Bank CEO Guido Buehler. 667 Total views 36 Total shares On Dec. 15, SEBA Bank, a licensed Swiss digital…
HUMBL issued US patent for blockchain payments technology
The company’s CEO described getting a blockchain patent in the US as “a very challenging process.”
Blockchain.com launches asset management for institutional investors
The new service is reportedly named BCAM and will serve institutions, family offices and high-net-worth individuals. 306 Total views 20 Total shares Blockchain.com, a cryptocurrency exchange and financial services firm, has reportedly launched an asset-management service for its wealthy customers.According to Bloomberg, the service is known as BCAM and will serve institutions, family offices and…
LG and Mitsubishi Hit by Ransomware Attacks, Data Leak ‘Coming Soon’
Maze and Doppelpaymer are threatening to leak data from LG and Mitsubishi respectively after launching a ransomware attack. 403 Total views 14 Total shares Two ransomware gangs reportedly attacked the electronics giant, LG, and Japanese multinational car manufacturer, Mitsubishi. The hackers are now threatening both companies with data leaks.Screenshots posted to the gang’s blog show…