Magic Labs, Polygon launch crosschain smart wallet for AggLayer
Newton’s testnet went live on Polygon’s AggLayer, promising a crosschain solution for smart wallets.
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Ether price hits 2-week high as London hard fork momentum builds
The second-largest cryptocurrency by market capitalization peaked north of $2,350 on Sunday, its highest reading since June 18. Bitcoin price stability and anticipation of major protocol upgrades are fueling investors’ appetite for ETH. 255 Total views 1 Total shares Ether’s (ETH) $230 million options expiry on Friday appears to have shifted market sentiment in favor…
Blockstream raises $125M to finance expanded Bitcoin mining operations
Bitcoin miners came under significant pressure during the bear market; however, Blockstream said institutional hosting customers were more “resilient.” 361 Total views 10 Total shares Own this piece of history Collect this article as an NFTDigital asset infrastructure company Blockstream has raised $125 million to finance its Bitcoin (BTC) mining colocation services, underscoring heightened demand…
ZED RUN founder envisions user narrative-driven Metaverse
The creators behind ZED RUN launched their first Metaverse title on June 13, featuring fully-customizable user avatars and 3D world built using the Unreal Engine. 116 Total views 14 Total shares Chris Laurent, the founder of the popular-digital horse racing game ZED RUN, envisions a future where people will spend their free time developing their…
Kraken OTC Head: Bitcoin Is Not Safe Haven Yet
Head of over-the-counter (OTC) sales at cryptocurrency exchange Kraken Nelson Minier compared today’s cryptocurrency trading industry to how Wall Street used to be, adding that it is still too soon to call Bitcoin a safe haven for investors.During the Nasdaq TradeTalks interview published on Aug. 22, Minier stated:“Wall Street ain't what it used to be.…
Checkout.com launches 24/7 stablecoin settlement in partnership with Fireblocks
Merchants can now accept payments made through USDC and convert the funds directly into fiat currency. 187 Total views 2 Total shares Global payment processor Checkout.com has launched a new stablecoin settlement system that will allow merchants to process crypto payments from their customers in real time — potentially widening the use cases of stablecoins…
Bitmain accused of illegally poaching engineers by officials in Taiwan
Bitcoin miner maker Bitmain is reportedly in hot water in Taiwan amid the backdrop of the ongoing U.S.-China tech tussle. 1179 Total views 10 Total shares Prosecutors in Taiwan have accused Bitmain Technologies of illegally poaching more than 100 Taiwanese engineers.According to a report by Nikkei Asia, a probe has already been launched in New…
Court approves Genesis settlement of $175M to FTX, expunges billions in claims
Genesis previously reportedly said that the $175 million settlement was “fair and equitable,” while FTX creditors wanted to contest it. 258 Total views 22 Total shares A New York bankruptcy judge has approved a settlement between bankrupt cryptocurrency firms FTX and Genesis Global Trading (GGC), allowing FTX-affiliated Alameda Research to get $175 million from GGC.The
A London tour guide: What the EIP-1559 hard fork promises for Ethereum
Ether (ETH) has been on a tear recently, with the premier altcoin’s value increasing from $1,800 to the peak of $2,480 since the start of April, showcasing a growth of nearly 30%. This latest wave of monetary momentum comes in the wake of Ethereum being on the receiving end of a lot of criticism regarding…