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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Sushi taps into ZetaChain to begin testing native Bitcoin DeFi swaps
DeFi platform Sushi has partnered with interoperability platform ZetaChain to explore the possibility of native Bitcoin swaps for its users across 30 different blockchain networks.Sushi’s deployment of its decentralized exchange (DEX) on ZetaChain is touted to enable trading of BTC without wrapping across several blockchains in what the team describes as a “native, decentralized and

Crypto Biz: X payment system, Block moves into Bitcoin mining and more
This week’s Crypto Biz examines X’s upcoming payment system, the NYSE’s potential 24/7 trading, Block’s expansion into Bitcoin mining, and more.

Why is Bitcoin price down today?
Bitcoin price is down today as macroeconomic pressure, declining Bitcoin network usage, and doubts over the Fed rate decrease drive prices downward.

Worst quarter in 11 years as Bitcoin price and activity plunges
Quarterly returns on Bitcoin haven’t been this bad since it was trading under $20 in the early days of Mt. Gox, but the stock market isn’t faring so hot either. 508 Total views 6 Total shares Bitcoin (BTC) has seen its worst quarterly loss in 11 years with price and activity on the blockchain both…

StabilityAI launches StableLM open-source alternatives to ChatGPT
StabilityAI announced the launch of StableLM, a suite of open-source large language models. 192 Total views 5 Total shares Own this piece of history Collect this article as an NFTThe large language model sector continues to swell as StabilityAI, maker of the popular image-generation tool Stable Diffusion, has launched a suite of open-source language model…

Bitcoin price fights for $26K as US dollar strength hits 10-month high
Bitcoin (BTC) hugged $26,000 at the Sep. 24 Wall Street open as a weekly close “nosedive” brought lasting consequences.BTC/USD 1-hour chart. Source: TradingViewBitcoin must preserve support now, analysis saysData from Cointelegraph Markets Pro and TradingView showed BTC price trajectory uncertain after briefly piercing $26,000 support.Sideways weekend trading soon turned sour into the new week, and

Huobi Korea to Strengthen Anti-Money Laundering Protections
Huobi Korea, the South Korean branch of the world’s sixth largest crypto exchange, has recently strengthened its anti-money laundering (AML) protections, according to a press release shared with Cointelegraph on Feb. 21.According to the statement, Huobi Korea, which launched its services in 2018, has reviewed its deposit and withdrawal processes and fiat-to-crypto oversight. The company…

UK advertising watchdog bans crypto ads for Coinbase and Kraken
The ASA wants crypto firms to make it clear that past crypto rallies do not guarantee the same scenarios in future. 380 Total views 4 Total shares The Advertising Standards Authority, or ASA, the United Kingdom’s independent advertising regulator, has taken down another batch of cryptocurrency-related ad campaigns promoting several major industry firms.On Dec. 15,…