Investors flock to ETH products over BTC as markets recover — CoinShares

The seed round was led by Upfront Ventures with participation from Multicoin Capital and Polygon Technology. 225 Total views 9 Total shares Web3 gaming protocol Heroic Story raised $6 million in a seed round led by Upfront Ventures with participation from Multicoin Capital and Polygon Technology, the company announced on Nov. 17.The funds will be…

Bitcoin (BTC) starts a new week with traders licking their wounds after a 10% snap crash.BTC price action is struggling to recover from a manic end to the days prior to the weekend, and the fear is palpable going into what could turn out to be an equally volatile few days.With $26,000 so far forming…

Experts from the Bank of Canada have released their thoughts on how a digital dollar should be available to all Canadians. 2491 Total views 42 Total shares A digital Canadian dollar should imitate traditional banknotes in terms of availability and accessibility, according to staff from the country's central bank, the Bank of Canada.In an analytical…

Bitcoin profits on Block’s Cash App dropped slightly from the first quarter of 2023 but remain up 7% from this time last year. 158 Total views 1 Total shares Shares in payment technology firm Block Inc. tumbled after hours despite its second-quarter results beating earnings expectations, including a 34% year-on-year increase in Bitcoin (BTC) revenue.In…

Coorest and the PLCnetwork of the Southern Hemisphere believe that blockchain and NFT technology are a solution for protecting endangered wildlife and funding costly conservation areas. 187 Total views 3 Total shares Digital twin nonfungible tokens, or NFTs, aren't just reserved for consumer products anymore. Netherlands-based decentralized carbon credit exchange Coorest and conservation consulting firm PLCnetwork…

Cointelegraph MENA will cover the top news and technological developments in each country in the region in Arabic. 231 Total views 19 Total shares Cointelegraph, the premier blockchain- and crypto-focused media outlet, is expanding its presence into the Middle East and North Africa (MENA) region with the help of a new franchise owner, Luna Media…

Canadian pharmacy chain Shoppers Drug Mart has partnered with blockchain company TruTrace Technologies Inc. to launch a pilot program for cannabis supply chain tracking via blockchain, according to a report by Bloomberg on June 17.According to the report, this blockchain tracking system will be used to identify and track medical cannabis, with data included such…

U.S. regulators team up to fine and halt a crypto portfolio app offering synthetic exposure to traditional assets, which was not offered to U.S. investors. The Securities and Exchange Commission and Commodity Futures Trading Commission issued a joint fine to Abra, a crypto portfolio app that let users get synthetic exposure to traditional markets.According to…

HashKey, along with OSL, received a major license upgrade on Aug.3 clearing their way to offer crypto trading services to retail customers. 565 Total views 10 Total shares Asian cryptocurrency exchange HashKey is set to start offering Bitcoin and Ether crypto trading services to retail customers in Hong Kong starting on August 28, according to…