Parafi Capital’s $120M fundraise signals renewed growth for crypto funds
Crypto firms and VCs have been raising capital this year as cryptocurrency prices recover, improving overall market sentiment.
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‘1 in a billion’: Second tiny miner solves a block
Each of the lucky miners will take home over $266k, as well as bragging rights to overcoming “one in several billion odds.” 1076 Total views 29 Total shares In an astonishing turn of events, two lucky miners from the Solo CK mining pool have defied all odds and added a new block on the Bitcoin…

$100K Bitcoin next? No euphoria ‘encouraging’ as BTC price breaks new highs
Bitcoin analysts and traders are optimistic that BTC’s price will hit the coveted $100,000 mark despite a “lukewarm” social media response to the latest ATHs.

Investigation traces scam Bitcoin celeb ads to Moscow
More countries are allegedly involved in a major global Bitcoin ad scam. 988 Total views 6 Total shares A major Bitcoin (BTC) ad scam involving unauthorised images of Australian celebrities who seemingly promoted fake investment schemes is allegedly coming from Russia, according to a new report.Fraudulent Bitcoin ads capitalizing on Australian celebrities like Dick Smith…

Compound governance proposal seeks to end COMP yield farming craze
A Compound proposal could put a major dent in the profits for all yield farmers. A new Compound governance proposal from Gauntlet founder Tarun Chitra would see all future COMP token distributions locked in a vesting schedule.The proposal was submitted on Wednesday and outlines several ways that the vesting could be implemented. One would involve…

Chinese Police Arrest 12 Fake ‘Huobi Officials’
Chinese authorities have busted a group of scammers allegedly claiming to be “Huobi officials”. 680 Total views 21 Total shares Chinese authorities have dismantled a group of alleged scammers posing as Huobi exchange officials, who were operating an over-the-counter (OTC) website.As reported by local media outlet Jinse, on May 20 police arrested 12 suspects in…

Community First: One Protocol’s Plan to Give Users a Seat at the Governance Table
A “next-generation” mobile payment protocol has unveiled new features — including “incentives” for users who own and run the nodes that perform vital roles on its network, including the verification of transactions.Crypto.com says the new program is a result of a partnership with Allnodes, which is offering its hosting services for the platform. Users who…

Sleeping Bitcoin wallet stirs after 11 years, moving over $30M
A dormant Bitcoin (BTC) wallet holding over 1,037 Bitcoin — worth $31 million at current prices — has suddenly awoken after an 11-year slumber, transferring out its entire stash. The 1037 BTC was transferred amid a Bitcoin price of $29,956 and took effect at block height 799701 — approximately 10:51 am UTC on July 22, according to BitInfoCharts.The…

CIA director says agency currently has ‘a number of different projects’ focused on crypto
William Burns said that building knowledge on crypto was “an important priority” for the CIA, and he planned to devote “resources and attention” to it. 457 Total views 22 Total shares Current director of the Central Intelligence Agency William Burns said his predecessor at the government agency initiated projects focused on gathering intelligence on cryptocurrency.Fielding…