Tag: CoinDesk

Eth 2.0 Makes the Ethereum Economy more “Sustainable.” – CoinDesk

CoinDesk

In this episode, Christine Kim and Will Foxley discuss with David Hoffman, the co-founder of Bankless, the market implications of a dual Ethereum blockchain and what new realities staking presents to the long-term value proposition of ether. According to Hoffman’s Read More

Japan’s SBI Investing ‘Eight-Figure’ Sum in Swiss Crypto Bank Sygnum – CoinDesk

CoinDesk

SBI Holdings, a Japanese financial services firm, is to lead an ongoing strategic fundraising round for Swiss digital asset bank Sygnum.  Sygnum, which holds a Swiss banking license, said Tuesday it has secured an “eight-figure” U.S. dollar investment from SBI’s Read More

Mining Machine Manufacturer Ebang to Start Mining Bitcoins for Itself

CoinDesk

The new venture is expected to increase revenue and “optimize” its product offering structure. Go to Source Author: Zack Voell Recommended Crypto Services, Products and Strategies: The first thing any crypto investor needs is is a reliable and secure Crypto Wallet.  Whether Read More

DOJ Charges 3 North Korean Hackers With Stealing $100M+ From Crypto Firms – CoinDesk

CoinDesk

The U.S. Department of Justice (DOJ) has charged three North Korean computer programmers with theft and extortion on various allegations, including stealing over $100 million in cryptocurrencies between 2017 and 2020. The thefts are part of a broader conspiracy that Read More

Kakao to Record Private Securities on Its Own Blockchain – CoinDesk

CoinDesk

South Korean internet giant Kakao’s blockchain arm Ground X is now storing and verifying unlisted investments as nonfungible tokens (NFTs) on its public blockchain. Unlisted investments are shares of startups that are offered to investors for purchase prior to a Read More

Chinese Lottery Firm 500.com Acquires Crypto Mining Pool BTC.com – CoinDesk

CoinDesk

U.S.-listed Chinese sports lottery firm 500.com (NYSE: WBAI) said Tuesday it’s inked a share-swap deal to acquire the cryptocurrency mining pool business of Bitdeer Technologies, including BTC.com. According to an announcement, the agreement will see 500.com purchase all the shares Read More

Pornhub Payment Option Verge Suffers Massive Blockchain Reorganization – CoinDesk

CoinDesk

Verge, a small cryptocurrency serving as a payments option on Pornhub, suffered a massive 560,000-block reorganization Monday, according to researchers at Coin Metrics. Verge’s Twitter account seemed to acknowledge the attack late Monday. Disclosure Go to Source Author: Zack Voell Read More

Australia’s Blockchain Ecosystem Needs More Support From Regulators, Says Industry Body – CoinDesk

CoinDesk

Australia’s blockchain and cryptocurrency companies need more support from the federal government and regulators to boost confidence within the country’s business sector, according to Steve Vallas, CEO of advocacy body Blockchain Australia. Speaking at the Senate Select Committee on Financial Read More

Coinbase Ventures, Paradigm Invest $12M in Synthetix DeFi Platform – CoinDesk

CoinDesk

Decentralized trading platform Synthetix has raised $12 million from venture capital firms Coinbase Ventures, Paradigm and IOSG. The raise looks to be a rare occurrence of VCs investing through the purchase of a platform’s native token directly from its treasury Read More

NBA Top Shot, CryptoKitties Firm Dapper Labs Raising $250M+ at $2B Valuation: Report – CoinDesk

CoinDesk

Dapper Labs, responsible for high-flying digital collectables such as NBA Top Shots and CryptoKitties, is raising funds that should net the firm more than $250 million at a valuation of about $2 billion, according to The Block, which cited sources Read More