Blockchain Financial News

07.06 / 19:49

Blockchain Ethereum Digital Platform Grayscale increases ADA allocation to 30% following which Cardano…

Cardano[ADA] witnessed an impressive rally last year in June following an important update. Well, the digital assets behemoth Grayscale added the token to its digital large-cap fund.

07.06 / 17:45

Blockchain cryptocurrency Mining CoinEx The 2022 Consensus Festival Will be Hosted, CoinEx Participates As the Sponsor

Disclaimer: The text below is a press release that was not written by Cryptonews.com.

07.06 / 17:43

business Blockchain Adoption Bitcoin Standard The business of a Bitcoin standard: Profit, people and passion for good food

The Canadian restaurant franchise Tahini’s serves Middle East-inspired food with a Bitcoin-inspired twist.

07.06 / 16:49

Blockchain Technology Ethereum Adoption Future Struggle for Web3’s soul: The future of blockchain-based identity

The attention, one might suspect, has much to do with the participation of Buterin, blockchain’s wunderkind and the legendary co-founder of the Ethereum network. But it could also be a function of the paper’s ambition and scope, which includes asking questions like: What sort of society do we really want to live in? One that is finance-based or trust-based?

07.06 / 16:19

business Blockchain freeze NOT FTX will not freeze hiring amid layoffs at other crypto firms, CEO states

Amid unfavorable market conditions, some cryptocurrency-related firms decided to cut their workforce or freeze hiring. However, crypto exchange platform FTX will continue hiring new personnel as the crypto winter continues.

07.06 / 15:45

Blockchain Technology Ethereum How to buy NFTs on Solana?

The burgeoning popularity of nonfungible tokens (NFTs) has led to issues like exorbitant transaction fees and congestion in the prevalent Ethereum-based ecosystem. The fee factor serves as a major deterrent to anyone wanting to execute transactions on the blockchain.

07.06 / 15:11

business Blockchain Adoption Investments Crypto.com's Cronos launches $100M accelerator for DeFi and Web3

Cronos, a blockchain ecosystem built by major crypto exchange Crypto.com, announced the launch of an accelerator program to fast-track advancements across the decentralized finance (DeFi), Web3 and Metaverse space among others.

07.06 / 15:07

business Blockchain Adoption Bitcoin Cybersecurity firm supports Bitcoin ‘mission,’ converts balance sheet to BTC

Another business jumps aboard the Bitcoin bandwagon. Octagon Networks, a global cybersecurity network company with over 20 employees announced on June 6 that it had “finished the process of converting its liquid assets and entire balance sheet into Bitcoin (BTC).”

07.06 / 14:07

Blockchain Ethereum NFT Polygon NFT copymint & duplicate detection technology provides security & assurance for creators

Digital collectibles, which now exist as nonfungible tokens (NFTs), continue to be released to the market at an unprecedented rate. Unfortunately, the sheer number of new projects makes it difficult for investors to determine which projects are worth the investment. For this reason, many consider the asset's rarity to be a determining factor in how valuable a piece is and how highly sought after the project will be by investors.

07.06 / 12:59

Blockchain Digital Booking Financial Animoca Brands Releases Key Unaudited Financial Report, Portfolio investments Worth Over $1.5Bn

Hong Kong-based Animoca Brands has released the company’s key unaudited financial and business highlights for the last three months of 2021 and the first four months of 2022.

07.06 / 11:37

Blockchain cryptocurrency Digital CoinSwitch Future The Current State of Cryptocurrency In India And How The Future Looks For Investors And HODLers?

Web 3.0 will make the internet fully decentralised.

07.06 / 06:59

Blockchain solana Developers transactions Solana developers tackle bugs hoping to prevent further outages

Developers have fixed the runtime bug that caused the latest outage of the Solana network on June 1.

07.06 / 05:31

business Blockchain Adoption Investments Indonesia-licensed crypto asset platform Pintu raises $113M in Series B

Indonesian crypto asset platform Pintu announced the closure of a $113 million Series B funding round participated by four prominent investors Pantera Capital, Intudo Ventures, Lightspeed and Northstar Group.

07.06 / 04:47

Blockchain Citi Digital Bitcoin Australia’s Gold Coast flirts with crypto-payments despite concerns

Mayor Tom Tate of Gold Coast, Australia, has suggested that people could use cryptocurrencies to pay local taxes in the future. However, detractors have raised concerns about volatility and the ongoing market fall. On 5 June, just over a week before the council is set to present its annual budget, Tate told local news station ABC News,

06.06 / 22:25

business Blockchain regulation Gemini Exploit Financial IRA Financial Trust to sue Gemini over $36M crypto assets exploit back in February

On Monday, IRA Financial Trust, a platform providing self-directed digital asset retirement and pension accounts, filed a lawsuit against cryptocurrency exchange Gemini for alleged negligence in safeguarding customers' digital assets during a critical exploit. The firm's client accounts were held in Gemini's custody. On February 8, a breach led to the siphoning of $36 million in crypto assets from customers' accounts via unauthorized withdrawals.

06.06 / 20:29

Blockchain defi security Scams CertiK shares security tips following third BAYC security compromise in six months

On June 4th, popular nonfungible tokens, or NFTs, project Bored Ape Yacht Club (BAYC) suffered its third security compromise this year. Nearly 142 Ether ($250,000) worth of NFTs was stolen after hackers gained access to the Discord account of a BAYC community manager and posted a message with a link to a fake website.

06.06 / 19:37

business Blockchain Technology Adoption Corporate evolution: How adoption is changing crypto company structures

Crypto-focused companies have come a long way since their beginnings in terms of corporate structure, employee motivation, decision-making systems, compliance and other aspects of their operations. While the early 2010s saw startups founded by small groups of crypto enthusiasts, the space has since grown to become home to large institutional businesses.

06.06 / 19:37

Blockchain Linux hyperledger Bitcoin ‘CBDCs are the natural evolution,’ says HyperLedger director Barbosa

For Daniela Barbosa — general manager of blockchain, healthcare and identity at the Linux Foundation and executive director of Hyperledger — digital currencies and cryptocurrencies have made it among the big banks at the World Economic Forum in Davos.

06.06 / 19:37

Blockchain regulation Investments Hong Kong's Securities and Futures Commission warn of nonfungible token risks

On Monday, Hong Kong's Securities and Futures Commission (SFC) released a statement warning investors about the risks of nonfungible tokens, or NFTs, which have soared in popularity in recent years. The regulatory body wrote:

06.06 / 18:35

Blockchain UPS CoinMarketCap network Time Solana: From network outages to bear run, why is SOL having such a bad time

Touted as an “Ethereum killer” due to the transaction speed and the scalability it offers, the Solana Network has not lived up to its name. The series of outages that the blockchain has suffered in less than a year has brought its claims of reliability under scrutiny from members of the cryptocurrency community.

06.06 / 18:09

business Blockchain Adoption Bitcoin Future Financial Crypto 401(k): Sound financial planning or gambling with the future?

In April, United States-based retirement plan provider Fidelity Investments moved to allow 401(k) retirement savings account holders to invest directly in Bitcoin (BTC), the flagship cryptocurrency, making crypto a potential part of one’s savings for the future.

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