Kraken crypto exchange launches own Wrapped Bitcoin token
According to Kraken, kBTC reinforces Bitcoin’s position as the “epicenter of crypto” and empowers developers to explore new ways to use BTC.
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Binance wired $500M to back Musk’s Twitter takeover — CZ
The Binance CEO said the company wired $500 million to take a share of equity as Elon Musk’s Twitter takeover is finally sealed. 321 Total views 17 Total shares Binance CEO Changpeng “CZ” Zhao says the company followed through with a $500 million commitment to back Elon Musk’s high-profile Twitter takeover.Musk reportedly sealed the deal…
Restaking will spark the next big rush of money into crypto
Platforms including EigenLayer, Symbiotic and Karak are charting new territory on the frontier of restaking.
4 Things You Must Know Before Trading Bitcoin and Cryptocurrency
Interest in cryptocurrencies has been on the rise throughout 2019 and Bitcoin’s (BTC) impressive 300% rally from $3,130 in February 2019 to $13,800 on June 26 surely had something to do with growing interest. Multiple studies have shown that millennials and younger investors, in particular, have grown increasingly skeptical of traditional financial service providers and banks…
Crypto exchange CoinDCX raises $135M funding to support Indian Web3
The latest funding round doubled CoinDCX's valuation to $2.15 billion, making it the most-valued crypto company in India. 231 Total views 13 Total shares Crypto exchange CoinDCX became India’s first crypto business to complete a Series D funding round, raising $135 million in support of various Web3 and crypto initiatives in the country. The latest funding…
Drug Discovery Platform Verseon Launches Blockchain-Based Securities Exchange
U.S. pharmaceutical company Verseon has become the latest medical organization to experiment in blockchain technology, it confirmed in a press release Tuesday, September 18.Verseon’s main product is its proprietary physics-based drug discovery platform. The company was established in 2002 and it now trades on the London Stock Exchange, boasting a market cap of £211 million…
Alphapo payment provider hack now estimated at over $60M — ZachXBT
The on-chain sleuth ZachXBT claims to have found an additional $37 million in losses suffered from the unconfirmed attack. 123 Total views 1 Total shares The alleged Alphapo payments provider hack of July 23 is now estimated to have caused losses exceeding $60 million, according to a July 25 report from on-chain sleuth ZachXBT. The…
NFT gaming generated $2.32B in Q3 — BGA report
A report published by the Blockchain Gaming Alliance shows that nonfungible token games generated billions in revenue in the third quarter. 851 Total views 21 Total shares Blockchain gaming continues to grow and dominate the nonfungible token (NFT) space with a share of roughly 22% of all NFT trading volume in the third quarter of…
Top 5 Cryptocurrencies to Watch This Week: ETH, XLM, ADA, XMR, CRO
The coronavirus pandemic has crippled the United States’ economy, which is staring at its worst recession since the Second World War. To counter this, the U.S. Federal Reserve has pumped trillions of dollars into the economy. These measures are may result in hyperinflation in the future. Therefore, investors are buying gold and Bitcoin (BTC) to…