US Bitcoin reserve would have ‘profound’ impact on adoption: CoinShares
The Bitcoin Act’s passage could eventually send BTC’s price past $1 million per coin, industry executives say.
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Tornado mixer dropped from US blacklist
The US Treasury Department has dropped cryptocurrency mixer Tornado Cash from its sanctions list, the agency said on March 21. The removal follows a January ruling by a US appeals court, which said the Treasury’s Office of Foreign Assets Control (OFAC) cannot sanction Tornado’s smart contracts because they are not the property of any foreign

Japanese Crypto Exchange Discloses Its $4.1M Gram Token Escrow Wallet
Japanese cryptocurrency exchange Liquid has revealed the digital wallet address holding the proceeds from the Gram token sale it conducted in July.In an Aug. 30 announcement, Liquid disclosed the public blockchain wallet address that now keeps all participating customer funds from Gram token sale. Liquid further stated that the funds will remain in cold storage…

NFT-focused holding company raises $50 Series A
Nonfungible token projects have raised billions of dollars in venture funding over the past year, underscoring heightened demand in the sector. 662 Total views 6 Total shares Digital asset curator Metaversal announced Tuesday that it has completed a $50 million funding round to further expand its investment capabilities in the nonfungible token (NFT) and metaverse…

Telegram is becoming a one-stop app like China’s WeChat — Bitget CEO
According to DemandSage, Telegram boasts approximately 950 million monthly active users and has raised over $4 billion since its launch.

NEXO price drops 40% in three days on rumors of ties to ‘insolvent’ crypto fund
The price of Nexo (NEXO) continued to fall on June 15, as Nexo denied rumors of exposure to Three Arrows Capital (3AC), a Dubai-based crypto fund facing insolvency risks.NEXO price suffers on DeFi contagion fears NEXO, which serves as a security token at a cryptocurrency lending platform of the same name, fell nearly 25% to $0.61…

Blockchains Are an Excellent Solution for Privacy, Part 1
Several data violations, like the Cambridge Analytica scandal, have brought forth questions regarding how companies and governments should deal with the data entrusted to them, and they have also increased the search for the development of new technologies to preserve the privacy of companies and users.Consequently, countries and regulators have rushed to set new compliance…

Solana traders chase $180 target after SOL gains 13% in 2-days
A surge in Solana network activity, memecoin prices and optimistic derivatives markets could be a sign that SOL is aiming for $180.

Crypto Biz: Coinbase downgraded, 3AC deemed insolvent and Michael Saylor buys the dip
Coinbase has long been considered an important bellwether of the cryptocurrency market. Last year, when the company was expanding its workforce, adding institutional clients and issuing stock, crypto prices were hitting record highs. Now, in the depths of crypto winter, Coinbase finds itself slashing a fifth of its workforce, losing retail trading volume and contending…