Keyrock, a Brussels-based digital asset services company, has raised a Series C round led by SC Ventures, the venture capital arm of Standard Chartered, at a valuation of $1.1 billion, the company announced in a press release on Tuesday. Ripple, which provides blockchain-based enterprise infrastructure, also participated in the fundraising as an existing backer. The […]
KuCoin operator Peken Global Limited has been barred from allowing U.S. users to access its platform after a federal court approved a consent order from the Commodity Futures Trading Commission, closing the exchange’s U.S. enforcement saga. The order, entered in the Southern District of New York, requires Peken to pay a $500,000 civil penalty and
KuCoin operator banned from US after CFTC order Read More »
Bitcoin BTC$67,446.83 jumped 2% this week, but fragile supply-demand dynamics and rising “real” interest rates could limit the recovery. Last week, CoinDesk noted that inflows into spot ETFs had cooled, highlighting renewed institutional apathy. Additionally, stablecoin growth has stalled, indicating a lack of new fiat capital flows. The numbers seem alarming when compared to the
Mass sell-off likely as demand weakens and ‘real’ interest rates rise Read More »
Trump may be ready to abandon the war in Iran. Markets don’t yet know exactly what this means. Bitcoin traded at $67,545 Tuesday morning, roughly flat in 24 hours after recovering from a fall below $65,200 that briefly marked its lowest level since the war began in late February. Ether held above $2,000 at $2,062,
Bitcoin holds $67,500 as Trump signals he could end Iran war with Hormuz still closed Read More »
A Maryland man has been charged with leading the 2021 hacks that drained more than $50 million from decentralized exchange Uranium Finance and forced the platform to shut down, the U.S. Department of Justice announced Monday. Jonathan Spalletta, 36, of Rockville, Maryland, faces one count of computer fraud and one count of money laundering, according
Maryland man charged in $50M Uranium Finance hack after US seizes $31M in crypto Read More »
Breaking Bitcoin’s blockchain with quantum computers may not be as difficult as previously thought, and Bitcoin’s Taproot technology, which allows for more efficient private transactions, may be partly to blame, Google’s Quantum AI team said Monday in a blog post and newly published white paper. The team said the computing power required to break Bitcoin’s
Bitcoin’s Taproot Could Make Quantum Attacks Easier Than Expected, New Google Study Says Read More »
A trader made a nearly 100x return on investment on decentralized betting platform Polymarket in less than a minute, thanks to a mistake by a UFC announcer. In Sunday’s UFC heavyweight bout, Tyrell Fortune defeated Marcin Tybura to secure his first UFC victory. But the event was not without drama. Cage’s announcer, Bruce Buffer, first
Polymarket trader exploits UFC mistake and turns $676 into $67,000 in less than a minute Read More »
The crypto market saw a recovery on Monday with bitcoin BTC$67,687.60 up 2.1% since midnight UTC and ether (ETH) up 3.1%. Bigger gains took place in the altcoin market, with tokens such as chiliz (CHZ), FETs$0.2313 and optimism P.O.$0.1077 recording progress of more than 6%. Despite the improvement in sentiment, investors remain concerned as the
Crypto gains led by altcoins, but bearish structure remains intact: Crypto Markets Today Read More »
Midas said it raised $50 million to solve a persistent problem for on-chain yield investors: liquidity. The company, which transforms institutional yield strategies into blockchain-based tokens, has closed a Series A funding round led by RRE and Creandum with support from companies including Framework Ventures, Franklin Templeton and Coinbase Ventures. The increase comes as institutions
Midas raises $50 million to solve token asset investor problem Read More »
Aave, one of the largest decentralized lending platforms, has launched its long-awaited v4 upgrade on Ethereum, aiming to push DeFi beyond crypto trading and into broader financial markets. The upgrade has been in development for approximately two years and is designed to make it easier to use Aave for a wider range of lending and
Aave Launches v4 on Ethereum, Aiming to Expand DeFi to Real-World Credit Markets Read More »
