Prometheum labels UNI, ARB securities in custody expansion
Prometheum is the only SEC-registered crypto custody provider and already treats ETH as a security.
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Hop Protocol launches USDC bridge between Ethereum, Polygon, and xDai
Hop plans to roll out support for additional crypto assets and layer-two networks in the coming weeks. 412 Total views 4 Total shares Hop Protocol, a team working on interoperability within Ethereum’s layer-two ecosystem, has launched its Hop bridge for the first time. A July 12 blog post notes the bridge has been launched with limited…
Financial Giant Morgan Stanley Acquires E*Trade in $13B Deal
Major investment bank Morgan Stanley is buying online trading firm E*Trade Financial Group, which would extend the bank’s offerings to everyday investors.The $13 billion deal marks Morgan Stanley’s largest takeover since the crisis of 2008, also bringing along E*Trade’s five million clients, $360 billion in assets and an online bank, the Wall Street Journal reported…
Four Iranian Banks Support Gold-Backed Cryptocurrency
Four banks in the Islamic Republic of Iran have developed a gold-backed cryptocurrency called PayMon, financial news website Financial Tribune reported on Jan. 30.According to the article, the crypto asset has been developed in cooperation with the Parsian Bank, the Bank Pasargad, Bank Melli Iran and Bank Mellat. Iran Fara Bourse, an over-the-counter (OTC) cryptocurrency…
Bitcoin miner Mawson to defer all major capital expenditures until market conditions normalize
The bear market is affecting all segments of the crypto industry, including Bitcoin miners, which have seen their revenues decline sharply this year. 492 Total views 3 Total shares On Tuesday, Bitcoin (BTC) mining company Mawson Infrastructure Group said that it was suspending major capital expenditures until market conditions normalize. In addition, the firm is…
Roger Ver calls out GoDaddy for wrongly listing Bitcoin.com as ‘for sale’
Roger Ver demanded that GoDaddy remove bitcoin.com from its sales listing. A few hours later, it appears to have been purged. 669 Total views 7 Total shares Bitcoin.com, a cryptocurrency news, mining, and wallet resource, is not for sale according to entrepreneur and site owner Roger Ver. On Monday, Bitcoin.com appeared as a “premium domain” available…
Stop shoving crypto ‘down people’s throats’ — Pudgy Penguins CEO on NFTs
The CEO of Pudgy Penguins — a nonfungible token project that recently launched a line of “phygitals” on Amazon despite the bear market — has offered one piece of sage advice to budding projects: Stop talking about crypto.Speaking with Cointelegraph, 24-year-old entrepreneur Luca Netz said that many NFT projects overwhelm people with Web3 jargon and…
Binance CEO Publishes Security Incident Update, Apologizes for Blockchain Re-Org Comment
Changpeng Zhao (CZ), CEO of major crypto exchange Binance, has updated reporters on the exchange’s security revamp and investigation into this week’s $40 million hack in a security incident update shared with Cointelegraph on May 10.The CEO also apologized for having fuelled community concerns by openly discussing the possibility of incentivizing a blockchain re-organization —…
Blockchain.com $110M funding round halves its 2022 valuation: Report
Despite new investment in the crypto exchange, Blockchain.com’s valuation has more than halved from its $14 billion peak. 129 Total views 1 Total shares Crypto exchange and wallet provider Blockchain.com closed a $110 million Series E financing round, an investment that more than halves its previous 2022 valuation of $14 billion.In a Nov. 14 blog