investment

Manta Network leads privacy in DeFi with zero-knowledge technology – now valued at $500M

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manta network zero-knowledge

Manta Network, led by P0x Labs, stands out with an impressive $500 million valuation following a successful $25 million Series A funding round. Its revolutionary zero-knowledge technology and focus on privacy are taking the world of decentralized finance (DeFi) by storm. Manta Network and its valuation The rise of cryptocurrencies and blockchain technology has spawned … Read more Manta Network leads privacy in DeFi with zero-knowledge technology – now valued at $500M

US senators request key information on taxation, sparking a hot debate

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democrats war crypto

Analysis and request for information on the taxation of digital assets by the Finance Committee of the United States Senate. In an effort to address the challenges surrounding the taxation of digital assets, Senators Ron Wyden and Mike Crapo of the United States Senate Finance Committee sent an open letter to the digital asset community … Read more US senators request key information on taxation, sparking a hot debate

Controversy in Binance after the resignation of senior officials and the opinion of its CEO CZ

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binance senior officials

In a recent Fortune report, it was revealed that three top executives at Binance, one of the world’s leading cryptocurrency exchanges, have tendered their resignations. Patrick Hillmann, CSO of Binance, Han Ng, General Counsel, and Steven Christie, SVP of Compliance, blamed CEO Changpeng Zhao’s handling of the investigation as the reason for their departure. These … Read more Controversy in Binance after the resignation of senior officials and the opinion of its CEO CZ

Mass layoffs and sale of cryptocurrencies in Robinhood

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Robinhood layoffs

Cryptocurrency and stock exchange Robinhood Markets recently announced that it will be massive layoffs its workforce. Specifically, it is expected to cut approximately 7% or 150 full-time jobs. This measure is implemented in response to declining customer engagement, a challenge the company has been grappling with. Commitment to operational excellence and team adjustments The company … Read more Mass layoffs and sale of cryptocurrencies in Robinhood

Iris Energy expansion plan to increase its Bitcoin mining capacity

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Iris Energy

Institutional-grade Bitcoin (BTC) mining company Iris Energy has announced its expansion plan to increase its hash processing capacity. With the goal of reaching 9.1 EH/s (exhashes per second) from its current level of 5.6 EH/s, Iris Energy seeks to strengthen its position in the cryptocurrency market. Bitcoin mining with 100% renewable energy The company stands … Read more Iris Energy expansion plan to increase its Bitcoin mining capacity

eToro removes cryptos for US clients due to SEC legal action, but market looks to be recovering

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etoro us sec

Social trading platform eToro has announced that it will delist some crypto tokens for United States clients, in response to legal action by the US Securities and Exchange Commission (SEC). Starting yesterday, US clients will no longer be able to open new positions in Algorand (ALGO), Decentraland (MANA), Dash (DASH) and Polygon (MATIC) tokens, according … Read more eToro removes cryptos for US clients due to SEC legal action, but market looks to be recovering

United States (US) Bipartisan Stablecoin Bill

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democrats war crypto

The US House Committee on Financial Services has introduced a bipartisan stablecoin bill, aiming to provide clarity in the digital asset market and payment stablecoin regulation. The Committee’s full hearing is scheduled for June 13 under the title “The Future of Digital Assets: Providing Clarity for the Digital Asset Ecosystem.” The bill combines the ideas … Read more United States (US) Bipartisan Stablecoin Bill

Cryptocurrency Expert Predicts Bitcoin (BTC) Going Towards $ 300 000

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Trade Cryptocurrency Profitably

Renowned cryptocurrency trader Tone Vays expresses his belief that the recent Bitcoin (BTC) correction is setting the stage for a prolonged bullish cycle in the market. In a strategy session addressed to his 123,000 YouTube subscribers, Vays notes that Bitcoin’s current consolidation indicates that the cryptocurrency is likely to follow a path that leads to … Read more Cryptocurrency Expert Predicts Bitcoin (BTC) Going Towards $ 300 000

SEC Alert! Filecoin in the Crosshairs: Could FIL Tokens Be Considered Securities?

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fil securities

The United States Securities and Exchange Commission (SEC) has intervened in the Filecoin (FIL) case and has issued a warning to Grayscale, the cryptocurrency manager, noting that these tokens could be considered securities. This is the latest in a series of disputes involving cryptocurrency-related companies. In response to the SEC warning, Grayscale, a subsidiary of … Read more SEC Alert! Filecoin in the Crosshairs: Could FIL Tokens Be Considered Securities?

A whale is discovered buying large amounts of Arbitrum (ARB) with accumulation strategy

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Arbitrum ARB

A crypto whale investor is timely acquiring ARB tokens through the popular exchange platform, Binance. With an impressive holding of 2.5 million ARB tokens, it has created quite a stir in the market and affected the value of ARB. Through the use of Arkham Intelligence, the whale’s transaction history has been obtained. Four days ago, … Read more A whale is discovered buying large amounts of Arbitrum (ARB) with accumulation strategy

MakerDAO Launches Spark Protocol, a DAI-Centric DeFi Platform

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spark protocol

Yesterday May 8, 2023, MakerDAO, the decentralized finance (DeFi) pioneer, announced the launch of its new lending and lending system called Spark Protocol, which focuses on Maker’s native stablecoin, DAI. Spark Protocol is described as an end-user DAI-centric DeFi product implemented on the Ethereum blockchain. The platform offers a variety of supply and lending functionalities … Read more MakerDAO Launches Spark Protocol, a DAI-Centric DeFi Platform

Polygon PoS Bridge improves the user experience for transactions between Ethereum and Polygon zkEVM

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Polygon PoS Bridge

Yesterday, Polygon announced the release of the Polygon PoS Bridge for Polygon zkEVM. This bridge will facilitate the transfer of assets between different blockchain platforms by incorporating smart contracts into its operation. Polygon zkEVM launched last month as a beta mainnet and offers scalability solutions for decentralized applications running on the Ethereum blockchain network. What … Read more Polygon PoS Bridge improves the user experience for transactions between Ethereum and Polygon zkEVM