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04/01/2025

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Bitcoin Payments Company Strike Raises $80 Million in Series B RoundBitcoin payments company Strike has raised $80 milli...
29/09/2022

Bitcoin Payments Company Strike Raises $80 Million in Series B Round

Bitcoin payments company Strike has raised $80 million in a Series B funding round. Venture capital firm Ten31, which focuses on Bitcoin companies, led the round but Washington University in St. Louis, and the University of Wyoming, also took part, according to a Tuesday announcement. The cash will be used to grow Stike’s partnerships with merchants. Strike uses the Lightning Network, a solution that works to speed up Bitcoin transactions so the cryptocurrency can be used to make everyday purchases. Strike added that it plans to release new product lines with the funding for new types of customers, such as large financial institutions and businesses. Major e-commerce companies like Blackhawk, NCR, and Shopify have integrated Strike’s app.






NFT sales expected to grow 6% – DappRadarNFT sales are expected to increase 6% to reach $21.1 million by the end of the ...
28/09/2022

NFT sales expected to grow 6% – DappRadar

NFT sales are expected to increase 6% to reach $21.1 million by the end of the third quarter despite overall trading volume being down 75%, according to DappRadar‘s latest report. Despite the crashing prices during the coldest winter in crypto history and the declining market volume.

Ethereum suffered a great deal during Q3 2022. Top 100 Ethereum NFT projects lost 44% of their market cap in total, downsizing to $19 billion compared to the previous quarter. Immutable X (IMX) NFTs recorded an increase during the third quarter. According to the report, its trading volume increased 87% since the previous quarter, indicating the potential of Web3 games. sales count dominance in the NFT market is considered, Ethereum (ETH) looks like it holds the most significant share with 26.2%.







Nuclear and gas fastest growing energy sources for Bitcoin mining: DataThe electricity mix of Bitcoin (BTC) has drastica...
28/09/2022

Nuclear and gas fastest growing energy sources for Bitcoin mining: Data

The electricity mix of Bitcoin (BTC) has drastically changed over the past few years, with nuclear energy and natural gas becoming the fastest growing energy sources powering Bitcoin mining, according to new data. The Cambridge Centre for Alternative Finance (CCAF) on Tuesday released a major update to its Bitcoin mining-dedicated data source. According to the data from Cambridge, fossil fuels like coal and natural gas made up almost two-thirds of Bitcoin’s total electricity mix as of January 2022, accounting for more than 62%. As such, the share of sustainable energy sources in the BTC energy mix amounted to 38%. The new study suggests that coal alone accounted for nearly 37% of Bitcoin’s total electricity consumption as of early 2022, becoming the largest single energy source for BTC mining.



Crypto Lender Nexo Hit With Enforcement Actions From Eight StatesState securities regulators in California and several o...
28/09/2022

Crypto Lender Nexo Hit With Enforcement Actions From Eight States

State securities regulators in California and several other states took action against Nexo Group, the parent company of crypto lender Nexo, on Monday, calling the company’s Earn Interest Product an unregistered security. The DFPI release mentions Nexo’s interest rates of up to 36%. Nexo CEO Antoni Trenchev told Decrypt in a text message that the company has been working with federal and state securities regulators to make its Earn Interest products compliant. Nexo is committed to finding a clear path forward for the regulated provision of products and services in the US, ideally on a federal level,” said Trenchev.




Crypto Advocates Cheer California Governor’s Veto of Regulatory BillCalifornia Governor Gavin Newsom has vetoed a statew...
28/09/2022

Crypto Advocates Cheer California Governor’s Veto of Regulatory Bill

California Governor Gavin Newsom has vetoed a statewide bill that would have established a regulatory framework for cryptocurrency regulation—and crypto proponents are thrilled. In a Friday memo detailing the veto decision, Newsom called Assembly Bill 2269 “premature”. The veto came despite strong support in the state legislature, where the bill secured 71 “yes” votes, 0 “no” votes, and nine abstentions. In his veto message, Newsom also cited the substantial cost of implementing the bill, sharing that the passage of AB2269 would require a loan in “the tens of millions of dollars” for the state. crypto firms would have been required to acquire a state-approved license to operate in California.


October is historically an extremely bullish month for , with an average return of +22%.
28/09/2022

October is historically an extremely bullish month for , with an average return of +22%.



EthereumPoW (ETHW) Price Tanks 20% Despite KuCoin ListingNew exchange listings typically act as a catalyst for token ral...
27/09/2022

EthereumPoW (ETHW) Price Tanks 20% Despite KuCoin Listing

New exchange listings typically act as a catalyst for token rallies in the cryptocurrency space. While a similar outcome was expected for EthereumPoW (ETHW) after the Merge, events haven’t panned out as anticipated. Despite a listing on KuCoin, ETHW has failed to keep afloat above key support levels. ETHW is a Layer 1 blockchain that preserves the pre-merge PoW consensus. Amid continued support from ETH miners, Ethereum hard fork
token (ETHW), has had its share of social anticipation since the Merge, however, social anticipation has failed to provide a cushion to prices.






Binance Aims for License to Operate in Japan 4 Years After LeavingThe world’s largest crypto exchange is reportedly enth...
26/09/2022

Binance Aims for License to Operate in Japan 4 Years After Leaving

The world’s largest crypto exchange is reportedly enthused by the relaxing crypto regulatory environment in Japan. The renewed interest from the world’s largest crypto trading platform in Japan follows the relaxing crypto laws in the world’s third largest economy under Prime Minister Fumio Kishida. As per a Bloomberg report, Binance’s interest in re-entering the Japanese market is guided by the country’s new economic policy that promises a fair share to the digital assets industry. Admitting that the company was in talks with the Japanese regulators, a Binance spokesperson refused to divulge details saying it would be inappropriate to comment on an ongoing dialogue. Around the same time, the country adopted a stablecoin regulation law and recognized stablecoins as digital money.






Value Locked in Defi Drops to Lows Not Seen Since March, Ethereum Dominates TVL by 57%The state of decentralized finance...
26/09/2022

Value Locked in Defi Drops to Lows Not Seen Since March, Ethereum Dominates TVL by 57%

The state of decentralized finance (defi) in terms of total value locked (TVL) has been tumultuous, to say the least, and currently the TVL in defi today is approximately $54.95 billion. The TVL has not been this low in over five months since March 29, and the most dominant defi protocol today is Makerdao, leading the pack by 13.27%. At the time of writing, the top smart contract platform coins by market capitalization are up against the U.S. dollar in value, roughly by 0.6%, and the smart contract token economy is valued at $296 billion. While smart contract tokens improved during the last 24 hours, the state of defi has been at the lowest value since March 29, 2022. Ethereum is followed by Tron’s $5.41 billion and the $5.38 billion held by Binance Smart Chain (BSC) defi protocols.






Moscow Exchange Suggests Issuing Crypto Receipts for Those Afraid of BlockchainThe Moscow Exchange has proposed to legal...
26/09/2022

Moscow Exchange Suggests Issuing Crypto Receipts for Those Afraid of Blockchain

The Moscow Exchange has proposed to legalize the issuance of receipts for digital financial assets. The trading platform says this will allow custodians to offer clients who are not ready for distributed ledgers to essentially work with securities. MOEX also plans to become a licensed crypto exchange operator. The leading exchange for equities and derivatives in Russia has drafted new legislation that would authorize depositories to issue receipts for digital financial assets (DFAs). In current Russian law, the broad term ‘DFAs’ encompasses cryptocurrencies in the absence of a more precise definition.





Vitalik Buterin expects Zcash and Dogecoin to migrate to proof-of-stake model
25/09/2022

Vitalik Buterin expects Zcash and Dogecoin to migrate to proof-of-stake model






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