FTX Seeks to Raise More Funds, Targets Flat Valuation From January (Report)
The leading cryptocurrency exchange – FTX – and its American affiliate – FTX US – are reportedly looking to secure additional funding. T At the beginning of the year, the…
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Bitcoin Holders in ‘Accumulation Mode’ Suggest Speedy Recovery: Glassnode
As Bitcoin spiked through the resistant level of $23,000 after dipping below $19,000 recently, many expected that the breakout signaled a short-term relief rally. Glassnode’s weekly report predicts that the…
Someone Bought $1.7 Billion Worth of ETH Futures Contracts in an Hour: Analyst
Ethereum continues increasing in value as the cryptocurrency charts another 4% on the day and currently sits at $1,600. It appears that whales are stepping in for ETH, and someone…
European Banking Giant BNP Paribas to Introduce Crypto Custody Services (Report)
BNP Paribas – a French international banking group – reportedly partnered with Metaco to start providing cryptocurrency custody services to its clients. According to a recent coverage, one of the…
Polygon Launches zkEVM Scaling Solution for Web3 Adoption
Leading Ethereum scaling network Polygon has launched its Zero-Knowledge Ethereum Virtual Machine (Polygon zkEVM), a new Ethereum-equivalent scaling solution based on Zero Knowledge (ZK) proofs. Polygon Launches New Scaling Solution…
Bitcoin is the Amazon of the Crypto Era, Says Former BlackRock Exec
Edward Dowd – former Managing Director at BlackRock – thinks that bitcoin will be a much more stable asset once the bear market is over. He described it as “the…
US Seized $500K in Ransomware Payments and Crypto from North Korean Hackers
The US Justice Department has seized roughly $500,000 in digital payments and cryptocurrency from ransomware attacks launched by North Korean hackers. Deputy Attorney General Lisa Monaco said that US authorities…
Governments Must Collaborate to Properly Regulate or Ban Crypto, Reserve Bank Of India Governor
On July 19, India’s Finance Minister Nirmala Sitharaman said in a speech at the Lok Sabha, the lower house of India’s bicameral Parliament, that crypto is a danger to international…
CryptoCom Receives Regulatory Approval to Provide Services in Italy
The top financial regulator in Italy – Organismo Agenti e Mediatori (OAM) – greenlighted the digital asset exchange CryptoCom to provide a range of products and services to Italian clients…
Marathon Nears its Bitcoin Hash Rate Target by Increasing its Mining Capacity
The data center of the bitcoin miner Marathon Digital – Applied Blockchain – secured around 254 megawatts of new hosting power for the company’s operations, and it could boost the…
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