Blockchain Financial News
19.10 / 21:37
Blockchain
Provident
Cooper
Bitcoin
track
social
reports
Atomic Wallet and Chainalysis Join Hands to Seize $2M Following Suspicious Deposits
Atomic Wallet has frozen over $2 million after detecting suspicious deposits in a partnership with prominent exchanges.
19.10 / 21:37
Blockchain
Ethereum
Provident
Platform
Gap
Interface
innovations
Circle USDC Issuer Releases Two New Beta Tools for Developers
USDC Issuer Circle has launched a smart contract platform and gas station, a major push to streamline Web3 services.
19.10 / 18:37
Blockchain
Digital
Platform
ICO
Bitcoin
audience
innovations
Ferrari Turns to Crypto for Younger Clientele; As Demand Rises for Bitcoin, InQubeta and Cardano
In the ever-evolving sphere of luxury consumer goods, adapting to market trends and audience preferences is paramount. And when it comes to giants that epitomize luxury, few are as iconic as Ferrari.
19.10 / 17:31
Blockchain
Citi
Provident
Platform
innovations
CMCC Global's Titan Fund Secures $100M for Asian Blockchain Ventures
Titan Fund, which is managed by CMCC Global, has closed its inaugural investment round on October 4, raising $100 million with the involvement of over 30 investors. Among the prominent investors are the blockchain startup Block.one, the Pacific Century Group, owned by Hong Kong business magnate Richard Li, Winklevoss Capital, Jebsen Capital, and Yat Siu, creator of Animoca Brands. The financing comes at a time when the cryptocurrency industry is facing a financial crisis as a direct result of a string of failures that occurred in the previous year, one of which being the bankruptcy of the exchange FTX.
19.10 / 17:31
Blockchain
Ethereum
Twitter
Progressive
Platform
Align
stage
zkEVM
Immutable's zkEVM Marches Towards Mainnet with a Series of Milestones
According to official Twitter account, Immutable has set the stage for gaming on the Ethereum blockchain with its recently launched zkEVM Testnet, accentuated by the involvement of @0xPolygonLabs. The progress is underscored by over 50 games that have earmarked their development on the Immutable zkEVM platform, showcasing a growing ecosystem even before its Mainnet launch.
19.10 / 17:31
Blockchain
UPS
ETH
Twitter
Google
Platform
reports
Scammer
Friend
Friend.tech Users Lose $385K in Ether to SIM-Swap Scammer
On October 5, 2023, a blockchain investigator by the name of ZachXBT stated that a single scammer had stolen 234 ETH, which is roughly comparable to $385,000, from four customers of Friend.tech over the course of a single day. A SIM-swap assault was carried out by the con artist in order to acquire unauthorised access to the accounts of the victims. It was determined that the same hacker who had drained the accounts of the four victims was responsible for the theft of the assets.
19.10 / 17:31
Blockchain
COST
Provident
Digital
Platform
Sui Foundation Reallocates 117M SUI to Bolster Network Growth
The Sui Foundation disclosed today that it will redirect 117 million SUI tokens from external market makers into various channels aimed at fostering the Sui Network's growth. This Layer 1 blockchain network launched its mainnet in May and has since been recognized for its scalability and high throughput. The reallocated tokens are separate from the 25 million SUI set aside for the winners of its recent liquid staking hackathon, announced on October 3rd.
19.10 / 17:31
Blockchain
Citi
Art
Platform
Adventure
innovations
a16z Leads Blackbird's $24M Series A Funding to Elevate Dining Experiences Through Web3
In the heart of New York City, where a culinary adventure awaits at every corner, a new endeavor is brewing that aims to redefine the dining experience for restaurateurs and patrons alike. This aspiration is embodied by Blackbird, a venture that is stepping into the intersection of blockchain technology and gastronomy. The captain steering Blackbird’s ship, Ben Leventhal, is no stranger to the culinary world, having been at the forefront of restaurant innovation through platforms like Resy and Eater, according to a16z's official blog.
19.10 / 17:31
Blockchain
UPS
Action
innovations
reports
Cross-Chain Crime Hits $7B: North Korean Ties Unveiled
Elliptic, a reputable blockchain analytics entity, shed light on the expanding realm of cross-chain crime. Their 2023 report, 'The State of Cross-chain Crime,' delineated that an alarming $7 billion of illicit or high-risk funds have been navigated through cross-chain and cross-asset services. The report further unmasked the Lazarus Group, tied to North Korean hackers, as a notable perpetrator, orchestrating $900 million of the cross-chain crime. The findings underscore an escalating issue, exceeding prior anticipations and posing a grave concern for the blockchain domain.
19.10 / 17:27
markets
Blockchain
Adoption
supply
Bitcoin
Bitcoin Price
2024
play
Why the 2024 Bitcoin halving may play out differently than in the past
The impact of the Bitcoin halving on crypto prices is often overestimated and the next halving, set for April 2024, may play out differently than previous ones, according to a leading analyst.
19.10 / 17:27
Blockchain
Progressive
show
innovations
information
Crypto leaders: 12 practical tips for effectively working with regulators
The world is interested in crypto. In the United States and European Union, individual investors have shown they are intrigued by its possibilities, while emerging economies are leveraging it to expand access to financial services. This, of course, is attracting the focus of legislators who want to both tap into crypto’s potential and ensure investors and consumers are well-protected. But with crypto’s international footprint, new and dynamic technologies, and built-in anonymity, it’s a challenge to protect users’ privacy and police unlawful activity.
19.10 / 16:33
Blockchain
Provident
Digital
CEO
Platform
Enterprise
President
DTCC
DTCC buys blockchain outfit Securrency
DTCC says the deal, set to close within weeks, will position it as a leader in bridging best-in-class industry practices with advanced digital technology to encourage acceptance and adoption of digital assets. Securrency will become a fully-owned subsidiary of DTCC and will operate under the name DTCC Digital Assets. Nadine Chakar, CEO of Securrency, will lead the unit and be joined by around 100 other staffers. DTCC has a long history of exploring digital assets and distributed ledger technology.
19.10 / 15:39
Blockchain
Polygon
education
security
Today in Crypto: Quantstamp Reveals DeFi Protection Product That Reimburses Losses, Polygon Proposes Protocol Council, Bitdeer Announces $2 Million Share Repurchase Program
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________
19.10 / 15:32
Blockchain
Adoption
Apple
Metaverse
Meta
MultiversX eyes metaverse scalability as CEO sheds light on spatial computing
The metaverse gained attracted a lot of interest from the crypto community and venture capital firms during the peak of the previous bull market. The likes of Meta and Apple joining the metaverse bandwagon only gave more legitimacy to the concept, but both multibillion-dollar tech firms have taken quite a different approach toward it.
19.10 / 15:32
Blockchain
Ethereum
Digital
Platform
Strategy
Inside
social
What is the Pareto 80/20 rule, and how does it apply to cryptocurrencies?
The Pareto principle emphasizes how crucial it is to identify key players, major cryptocurrency or influential projects.
19.10 / 14:53
Blockchain
Ethereum
Provident
coinbase
Mobile
Bitcoin
10 Best Anonymous Crypto Wallets with No KYC 2023
Storing cryptocurrencies privately and securely requires a non-custodial wallet that offers anonymity. This means you won't be required to trust a custodian, let alone provide any personal information.
19.10 / 14:53
Blockchain
COST
UPS
Platform
Strategy
stage
Is Conflux Going to Zero? CFX Price Plummets 9.2% as Viral New Meme Coin Secures $600,000 – Next Shiba Inu?
The Conflux price has fallen by 3% in the past 24 hours, with its drop to $0.103716 marking a concerning 9% loss in a week.
19.10 / 12:40
Blockchain
Ethereum
Adoption
solana
Polygon
Developers
data
Starknet and zkSync buck trend as crypto ecosystems shed devs by 28%
Ethereum layer-2 scaling solutions Starknet and zkSync are among the few platforms to have increased their total monthly active developer counts over the last 12 months, data shows.
19.10 / 12:40
Blockchain
regulation
IRS
Taxes
Bitcoin
Threat
IRS crypto tax reporting rules threat to industry — Coinbase legal chief
Coinbase crypto exchange chief legal officer Paul Singh Grewal called upon the crypto community to join the movement against the United States Treasury’s proposed tax reporting regulations on cryptocurrencies. Grewal urged the community to oppose the proposed regulations as it could set a dangerous precedent for surveillance.
19.10 / 12:39
business
Blockchain
Oil and Gas
hyperledger
India state refiner HPCL to use blockchain to verify purchase orders
India’s state-run refiner, Hindustan Petroleum (HPCL), one of India’s largest oil and gas companies, is launching a blockchain system to enable automated verification of purchase orders (POs).
19.10 / 12:39
Blockchain
Ethereum
defi
hacks
Exploit
Ethereum DeFi protocol Hope Lend drained after exploit
Ethereum decentralized finance (DeFi) protocol Hope Lend has next to zero assets left in its protocol after a devastating hack.
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