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Eclipse Labs Raises $50M for Blockchain Scaling Solution Ahead of Mainnet Launch
11.3.2024
Eclipse Labs, a multilayered blockchain builder, has raised $50 million in funding to fuel the launch of its innovative solution for scaling the Ethereum network. The announcement was made on March 11 via the X (formerly Twitter) handle, just weeks before the highly anticipated mainnet launch.
The...
UK Financial Watchdog Limits UK Crypto ETNs to Professional Investors Only
11.3.2024
The UK's financial regulator will allow recognized exchanges to launch crypto asset exchange-traded notes. Only professional investors, like investment firms and authorized credit institutions, will have access to these products.
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Hong Kong Financial Institutions Eye Ethereum ETFs to Bolster Global Crypto Market Position
11.3.2024
In the wake of the successful launch of Bitcoin spot ETFs in the United States, financial institutions in Hong Kong are gearing up to tap into the growing demand for cryptocurrency investment products.
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South Korea Aims To Launch Virtual Asset Tracking System to Ensure Tax Transparency
11.3.2024
South Korea plans to launch a tracking system that aims to ensure virtual asset users aren’t avoiding taxes. The National Tax Service has reportedly chosen a consulting firm to develop a sophisticated system for overseeing these assets.
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Hong Kong Central Bank Launches Wholesale CBDC Project to Foster Tokenization
7.3.2024
Hong Kong's central bank has announced the launch of a new project called "Project Ensemble," aimed at supporting the development of the tokenization market in the city-state through a wholesale central bank digital currency (wCBDC).
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Bitcoin ETF approval launch can put BTC at $100K by October 2024
7.3.2024
Timothy Peterson, a renowned network economist, expects BTC to go past 100,000 dollars by October 2024. The economist predicts it can happen if the accumulation made by the Bitcoin Spot ETF approval is sustained. Peterson made this prediction on X/Twitter, garnering massive traction among crypto...
Bitcoin Will Tumble After Launch of Digital Ruble, Says Russian Economist
7.3.2024
Bitcoin will tumble following the rollout of the digital ruble and other major CBDCs, a Russian economist has claimed.
The post Bitcoin Will Tumble After Launch of Digital Ruble, Says Russian Economist appeared first on Cryptonews
Ethereum Game Cross the Ages to Introduce Watch Dogs NFT Cards in Ubisoft Partnership
6.3.2024
Ethereum NFT card game Cross The Ages is releasing a new card collection in collaboration with Ubisoft and the Watch Dogs gaming franchise. On April 3, the public can purchase cards featuring Watch Dogs characters in the continent of Artellium, a new map collection in Cross The Ages. Cross The Ages...
Fetch.ai’s $100M Investment Sets Stage for GPU Rewards Program for Tokenholders
6.3.2024
On-chain AI project Fetch.ai has announced the launch of Fetch Compute following a $100 million investment in the project’s infrastructure. Fetch Compute is a suite of tools and training capabilities for developers and users working with AI. It bills itself as a project “designed...
Blackrock’s Bitcoin ETF Adds 12,623 BTC in Largest Single-Day Purchase Since Launch
6.3.2024
Blackrock’s spot bitcoin exchange-traded fund (ETF), the Ishares Bitcoin Trust (IBIT), has broken its record for the largest single-day bitcoin purchase since its launch. The world’s largest asset manager’s spot bitcoin ETF now holds 183,345 bitcoins. Blackrock Bought...
Nexo Secures Preliminary VARA Approval to Launch Crypto Lending and Brokerage Services in Dubai
6.3.2024
On Tuesday, Nexo announced its Dubai entity, Nexo DWTC, had secured preliminary approval from Dubai’s Virtual Assets Regulatory Authority (VARA) to engage in virtual asset lending, borrowing, and broker-dealer activities within the UAE’s most populous city. Nexo Gains Initial VARA...
New crypto darling Pullix (PLX) up over 100% after launch with CEX listings imminent
6.3.2024
After months of presale, Pullix was finally launched. The reactions of the market since the launch have been impressive. For instance, barely 40 minutes after it launched, over $2.35M PLX tokens were traded to show the project’s wide acceptance in the market. Crypto analysts have also...
Grayscale Launches Crypto Staking Fund – Here’s What You Need to Know
5.3.2024
Grayscale recently announced the launch of the Grayscale Dynamic Income Fund, which will own tokens on nine blockchains: Aptos, Celestia, Coinbase Staked Ethereum, Cosmos, Near, Osmosis, Polkadot, SEI Network, and Solana.
The post Grayscale Launches Crypto Staking Fund – Here’s What You Need...
Fidelity Bitcoin ETF Sees Strongest Daily Inflow Since Launch
5.3.2024
The Fidelity Wise Origin Bitcoin Fund (FBTC) recorded its largest number of daily inflows on Monday, absorbing $404.6 million in funds used to buy more Bitcoin (BTC).
The post Fidelity Bitcoin ETF Sees Strongest Daily Inflow Since Launch appeared first on Cryptonews
Trending New Meme Coin $PEEN Pumps 335% on DEX Launch, Next Shiba Inu?
5.3.2024
Tuesday, March 5th, 2024 – A new meme coin, $PEEN token, could be the next Shiba Inu after exploding in price by 3x. Meme coins are the hottest sector in crypto right now as speculative retail money pours in – and $PEEN is the latest target in the hunt for outsized alpha returns. $PEEN makes...
Is It Too Late to Buy Pepe Coin? PEPE Price Surges While Whales Stack This New AI Meme Coin
5.3.2024
The biggest meme coin launch of 2023, Pepe (PEPE), has exploded back onto the scene in dramatic fashion. This article will provide an analysis of PEPE’s current price trends and look to see whether an innovative AI crypto, SCOTTY, represents a more promising investment opportunity at this time....
BRICS to Develop Digital Currencies and Blockchain-Based Payment System
5.3.2024
BRICS nations announce plans to collaborate to launch an independent blockchain-based payment system, introducing their own digital currencies to streamline cost-effective transactions.
The post BRICS to Develop Digital Currencies and Blockchain-Based Payment System appeared first on Cryptonews
Avail’s Testnet Surpasses 100 Million Transactions, Showcasing Mainnet Capability
5.3.2024
With the completion of over 100 million transactions on the Goldberg testnet, Avail prepares for a mainnet launch that could enhance layer-2 efficiency and interoperability.
The post Avail’s Testnet Surpasses 100 Million Transactions, Showcasing Mainnet Capability appeared first on Cryptonews
$400 million in ETH Withdrawn from Blast L2 Network Following Mainnet Launch
2.3.2024
Around $400 million in Ether (ETH) has been withdrawn from the Ethereum layer-2 network Blast after the launch of its mainnet.
The post $400 million in ETH Withdrawn from Blast L2 Network Following Mainnet Launch appeared first on Cryptonews
5 Things To Expect From Ethereum’s Upcoming Dencun Upgrade
1.3.2024
Ethereum's much-anticipated Dencun upgrade is scheduled for a mainnet launch on March 13, following successful testnet launches in February.
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