TON Foundation launches $25M accelerator program
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Breaking: First Citizens snaps up Silicon Valley Bank — Branches open Monday
North Carolina-based First Citizens Bank is set to acquire all deposits and loans of Silicon Valley Bank, according to a statement from the Federal Deposit and Insurance Corporation (FDIC). Under the agreement, 17 former branches of Silicon Valley Bank will open as First Citizens Bank and Trust Company on Monday, March 27, while all depositors of…
Bitstamp Crypto Exchange to Pilot Leverage Trading via Bank Partnership
The twelfth-largest cryptocurrency exchange, Bitstamp, partnered with cryptocurrency-friendly Silvergate Bank to pilot Bitcoin (BTC) leveraged trading.According to an announcement on Jan. 14, the exchange will serve as the launch partner for the bank’s Silvergate Exchange Network (SEN) Leverage service.During the pilot stage, the exchange will only offer leveraged trading to select institutional customers. The only…
Vitalik Buterin endorses TiTok AI for onchain image storage
TiTok AI, a new method for efficient onchain image compression, could be a useful tool for blockchain applications.
Riot Blockchain tripled production this year and is hoarding $194M in Bitcoin
Public mining firm Riot Blockchain has more than tripled its year-to-date Bitcoin production. 977 Total views 67 Total shares U.S.-based publicly listed mining firm Riot Blockchain has revealed that its year-to-date Bitcoin production has more than tripled compared to 2020.According to a Oct. 6 announcement, Riot has mined 2,457 BTC (roughly $135 million) during 2021…
Is China softening on Bitcoin? A turn of phrase stirs the crypto world
They were only two seemingly innocuous words: “investment alternatives.” But when applied to Bitcoin — the seminal cryptocurrency — by an official from the People’s Bank of China in a recent panel discussion, they reverberated like a firecracker.“A remarkable step for BTC,” Lennix Lai, director of financial markets at OKEx, calls the statement. Michael Peshkam,…
Bitcoin short-term holders ‘over-reaction’ a factor in BTC’s drop below $50K — Glassnode
Glassnode says short-term holders have “carried the brunt” of losses from Bitcoin’s recent drop below $50,000.
French police arrest terror financing ring that used Bitcoin coupons
The terror financing ring reportedly bought cryptocurrency coupons in licensed tobacco shops across France. A large goup of accomplaces allegedly financing a jihadist network in Syria have been arrested after a sting operation by French police — despite choosing cryptocurrency coupons in an attempt to cover their tracks.In a statement, police said that "constant surveillance…
Blue Chip and Metaverse NFTs propel growth of NFT Market, says Nansen report
On Tuesday, blockchain data analytics platform Nansen released its quarterly report on the state of nonfungible tokens, or NFTs. The report highlighted the rapid growth of the NFT market over that of the cryptocurrency market year-to-date, and it predicts of an $80 million market cap by 2025. As Cointelegraph previously reported, Nansen recently released six NFT indexes…