Picking winners in the next cycle — Wyoming Blockchain Symposium VC panel
Crypto startup companies attracted $2.7 billion in venture capital funding during the second quarter of 2024.
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Blockchain intelligence firm TRM Labs raises $70M in expanded Series B round
Private equity firm Thoma Bravo led the expansion round, bringing the total amount raised to $130 million. 336 Total views 4 Total shares Blockchain-based intelligence company TRM Labs has announced a $70 million expansion to its Series B funding round, bringing the total raised to $130 million, announced the company on Nov. 9. Among the…
ConsenSys zkEVM set for public testnet to deliver secure settlements on Ethereum
ConsenSys will release its zkEVM rollup to its public testnet on March 28, paving the way for an eventual mainnet integration later in 2023. 491 Total views 4 Total shares Own this piece of history Collect this article as an NFTConsenSys has announced the upcoming release of its zero-knowledge Ethereum Virtual Machine (zkEVM) rollup to…
Crypto Platform Will Allow Workers to Receive Salary They Are Owed on Demand
A crypto-focused payment platform says it is aiming to reduce financial pressures on everyday consumers by enabling them to receive their salaries early — whenever they demand it.JobCoin says a startling number of hard-working individuals are falling victim to loan sharks and high-interest loans, or racking up unsustainable credit card bills as they try to…
SEC Files Subpoena Enforcement Against Alleged ‘Pump-and-Dump’ ICO Scheme
The U.S. securities agency has filed a subpoena enforcement action against the perpetrators of an alleged “pump-and-dump” scheme involving claims of a $100 million Initial Coin Offering (ICO), according to an Oct. 9 filing.The Securities and Exchange Commission (SEC) states it filed the subpoena application Oct. 5 at the U.S. District Court for the Central…
Santander Expanding Ripple-Powered Payments After Volume Triples
Spanish banking giant Santander plans to expand Ripple-powered global payment solution to Latin America, a Santander spokesperson told Cointelegraph on Aug. 19.Citing rising transaction volume, Santander wants to expand Ripple’s xCurrent technology to a number of Latin American countries after first introducing the technology in Spain, Brazil, Poland and the United Kingdom in April 2018. U.S.…
Market Recession Was a Long Time Coming, Not Coronavirus Surprise: Research
Analysts had predicted a recession for years and it should not come as a surprise, according to crypto-focused market research firm Crebaco.Crebaco claims in a report shared with Cointelegraph that the recession that has taken hold of the markets was anticipated by many analysts over the last several years. The document reads:“The Global markets have…
Banking uses 56 times more energy than Bitcoin: Valuechain report
Fresh figures on Bitcoin’s (BTC) energy consumption, efficiency and scalability serve to expose the banking sector while bathing the world's largest cryptocurrency in a new light. A research report published by Michel Khazzaka, an IT engineer, cryptographer and consultant, calculates that Bitcoin payments are a "million times more efficient" than the legacy financial system. Plus, the Banking…
Hong Kong to list ‘suspicious’ crypto platforms in wake of JPEX scandal
In the wake of the ongoing JPEX scandal, the Hong Kong Securities and Futures Commission says it will issue a public list of suspicious crypto trading platforms. 121 Total views 1 Total shares Hong Kong's financial regulator, the Securities and Futures Commission (SFC) has vowed to step up efforts to combat unregulated cryptocurrency trading platforms