SOON closes funding round for Solana-based layer-2

Medical cannabis companies are rushing to sign up for the world’s first blockchain-secured platform for tracking product from seed-to-sale, according to a report from ProActiveInvestors on Jan. 3.The StrainSecure platform, developed by TruTrace, provides testing, DNA-based validation and product guarantees for patients and customers.Seed-to-sale trackingThe immutable, cryptographically-secure platform enables cannabis producers to foster enhanced trust…

After a recent spike in profit-taking, long-term Bitcoin investors are back to offloading coins at the same rate they were in 2020. 2185 Total views 18 Total shares Research from on-chain analytics provider Glassnode has found that roughly three-quarters of circulating Bitcoin last moved on the blockchain when prices were below $10,800, suggesting most market…

The blockchain analytics company has seen its valuation grow as more crypto users rely on its services for informed decision-making. 193 Total views 11 Total shares Dune Analytics, a leading data analytics platform, has announced a capital raise of $69,420,000, in addition to a $1 billion-dollar valuation, the latter of which means that the company…

Banking is often seen as the antithesis of Bitcoin (BTC), the very industry the nascent protocol looks to defuse and disrupt. Ironically, many banks are desperately in need of the attributes and facilities afforded by cryptocurrencies — specifically blockchain, their underlying technology.Perhaps then, it’s not too surprising that more and more cryptocurrency banks are springing…

Thomas Moser hinted that regulations might take time as the current regulations would wipe out the decentralized ecosystem like DeFi. 457 Total views 20 Total shares Swiss National Bank (SNB) deputy head Thomas Muser talked to Cointelegraph editor Aaron Wood and discussed the ongoing trends in central bank digital currencies (CBDCs), stablecoins, and regulations, during…

Shiba Inu (SHIB) seems to be preparing for a bullish breakout as a falling wedge pattern begins to form.The price of SHIB has been trending lower inside an area defined by two contracting trendlines while accompanying a decline in trading volume. That shows that investors have been less concerned about the downtrend.  As a result, falling wedges…

The Director of National Intelligence wants to have the SEC’s leader briefed on the dangers of the U.S. falling behind in crypto. 3701 Total views 45 Total shares The United States national security apparatus is warning other agencies about China’s upcoming digital currency. On Wednesday, news outlet the Washington Examiner reported on a letter that National…

The cryptocurrency market has far faced an uphill battle for the larger part of 2022 due to global economic headwinds on multiple fronts, along with supply chain constraints, blistering inflation and the ongoing war in Ukraine. Despite the weakness seen in a majority of crypto assets, several decentralized finance (DeFi) protocols have managed to strengthen their…

Grayscale’s Michael Sonnenshein contends that the asset manager’s recent Form 10 filing with American regulators would be “a milestone” for the crypto industry if it’s approved.Sonnenshein — managing director at the world’s largest digital asset manager, Grayscale Investments — made his remarks during an interview with CNBC on Nov. 20.Hedge funds after digital asset exposureEarlier…