News
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Blast Protocol’s TVL nears $2 billion ahead of mainnet launch and airdrop buzz
- February 24, 2024
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No CommentsEthereum Layer 2 protocol Blast Protocol has emerged as a force to be reckoned with in the cryptoverse, with its Total Value Locked (TVL) rapidly approaching the $2 billion mark even before its mainnet launch. The surge in popularity is further fueled by the anticipation of an impending Blast airdrop scheduled at the end of
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Bitcoin’s price drops below $51,000 due to Senate regulation and global developments
- February 23, 2024
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Bitcoin, with a current trading value of $51,000, has experienced a slight dip of 1.74% on Friday, providing a snapshot of the dynamic and ever-changing nature of the cryptocurrency market. This fluctuation is not merely a result of market forces but is intricately tied to a multitude of factors, with regulatory discussions and global market
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Helius secures $9.5 million in series A funding to boost Solana-based app developments
- February 23, 2024
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Helius, a startup dedicated to Solana infrastructure development, has successfully raised $9.5 million in a Series A funding round, with Foundation Capital taking the lead in the investment. This funding round also garnered support from a notable roster of investors, including Reciprocal Ventures, Chapter One, Balaji Srinivasan, Anatoly Yakovenko, and Kyle Samani, underscoring the industry’s
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Bitcoin’s price soars as ETFs drive BTC market capitalization above $1 trillion
- February 22, 2024
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Bitcoin, currently holding steady at $52,000 with a nearly 1% gain on Thursday, signals an intriguing journey ahead. The recent surge follows the approval of Bitcoin ETFs by financial giants Fidelity and BlackRock in the U.S., pushing Bitcoin’s market valuation back beyond the $1 trillion mark. The broader cryptocurrency market is experiencing a robust recovery,
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AMD partners with Wormhole to enhance blockchain interoperability with hardware accelerators
- February 22, 2024
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Wormhole, an interoperability platform, made a significant announcement regarding its collaboration with Advanced Micro Devices (AMD) on February 21 to integrate AMD’s FPGA hardware accelerators into the Wormhole ecosystem, aiming to enhance blockchain interoperability. According to an official blog post, this partnership entails AMD supplying the zero-knowledge (zk) interoperability platform with enterprise-grade field programmable gate array
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Bitcoin’s price hovers at $51,000 as ETP surges to $67 billion in value
- February 21, 2024
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In the current cryptocurrency landscape, Bitcoin holds its ground at $51,585, experiencing a minor 1% dip that underscores the inherent resilience and volatility within digital currencies. Against the backdrop of a shifting financial environment, the surge in assets for cryptocurrency exchange-traded products (ETPs) to a staggering $67 billion echoes the enthusiasm reminiscent of the December
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PostFinance partners with Sygnum Bank to launch crypto offering to customers
- February 21, 2024
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Switzerland’s PostFinance has announced a groundbreaking collaboration with Sygnum, a pioneering crypto bank, to introduce a revolutionary retail cryptocurrency solution for its 2.5 million customers. The move signifies a pivotal moment as digital assets carve out an indelible space within the financial realm, with PostFinance proudly declaring itself as the “first systemically important Swiss bank”
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Bitcoin surges above $52,000 driven by Coinbase shift and VC funding boost
- February 19, 2024
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As Bitcoin hovers near $52,250 during the Asian session, experiencing a modest uptick of around 0.50% on Monday, the cryptocurrency realm is undergoing notable transformations. The recent decision by Coinbase to discontinue native Bitcoin payments for merchants, opting for a Coinbase account requirement instead, has sparked conversations about Bitcoin’s scalability and practicality for everyday transactions.
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Beoble secures $7 million in seed funding from Samsung, Hashkey, and others
- February 19, 2024
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Web3 social media platform beoble, headquartered in Hong Kong, has successfully concluded its seed funding round, amassing a noteworthy $7 million from a diverse consortium of investors. Notable contributors to this funding include industry giants like Hashkey, Samsung, DCG, DWF Ventures, Nomura Laser Digital, Cypher Capital, and the Blockchain Founders Fund. This achievement comes on
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Bitcoin’s market capitalization hits $1 trillion, with the potential to surpass gold
- February 18, 2024
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Bitcoin’s recent achievement of surpassing the $1 trillion market capitalization threshold marks a transformative moment in its ongoing challenge against traditional assets, particularly gold. The digital currency’s recent price fluctuation, reaching $51,940 with a marginal 0.70% decrease, underscores the inherent volatility and promising potential within this dynamic asset class. Against this backdrop, recent industry developments