Blockchain Financial News
16.03 / 15:59
Blockchain
Citi
Racing
Fintech Files: Meet the disrupters, how to make $1m in crypto, and a new arms race
If — or when — bricks and mortar banking becomes a thing of the past, heads will turn to who helped lay the groundwork.
16.03 / 15:55
Blockchain
Middle east
Bitcoin
Answering a morbid question: What happens to your Bitcoin when you die?
When Bitcoin (BTC) traders pass away, their BTC may forever be lost within the blockchain if they haven't given anyone else access to their wallets. However, an exchange project wants to give crypto traders another option.
16.03 / 15:13
Blockchain
UPS
Ethereum
Binance
Prime Numbers Expands into Ethereum and Binance Smart Chain Networks
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
16.03 / 14:45
Blockchain
defi
Investments
Funding
Support
$100M fund aims to support the growth of decentralized machine economy
IoTeX, a blockchain platform focused on the Internet of Things (IoT), has announced the launch of a $100 million sustainable ecosystem fund.
16.03 / 13:33
Blockchain
Target
FIVE
Digital
Support
stake
UkrainianPool invites crypto holders to stake their funds to support humanitarian efforts
Participants can stake their funds which generate rewards on the blockchain which are then transferred to a wallet owned by the Ukrainian government. Participants' crypto assets are frozen, meaning that they can generate interest of five per cent.Backed by a number of European crypto startups, the initiative has set an initial target of $10 million in funding for humanitarian efforts.
16.03 / 13:09
Blockchain
ICO
Cryptocurrencies
Nikkei
boost
Incoming South Korean President to Boost Crypto Adoption by Zero-Taxing Gains
Upon taking office in May, South Korean President-elect Yoon Suk-yeol vowed to zero tax crypto trading gains not exceeding 50 million won, approximately $40,000 similar to stock gains, according to Nikkei.
16.03 / 13:09
Blockchain
Citi
Provident
CEO
HK
valuation
Hex Trust
HK-Based Hex Trust Raises $88m in Funds, Valuation Touches $300m
Hong Kong-based Hex Trust raised $88 million in Series B funding led by Animoca Brands and Liberty City Ventures, following which it saw its valuation rise to $300 million.
16.03 / 11:57
Blockchain
Target
FIVE
Digital
Support
stake
UkrainanPool invites crypto holders to stake their funds to support humanitarian efforts
Participants can stake their funds which generate rewards on the blockchain which are then transferred to a wallet owned by the Ukrainian government. Participants' crypto assets are frozen, meaning that they can generate interest of five per cent.Backed by a number of European crypto startups, the initiative has set an initial target of $10 million in funding for humanitarian efforts.
16.03 / 11:55
Blockchain
cryptocurrency
CryptoExplainer
What Is Web 3.0? How Will It Change The World For Those With Disabilities?
What Is Web 3.0? How Will It Change The World For Those With Disabilities?
16.03 / 11:39
Blockchain
Target
FIVE
Digital
Support
stake
UkrainePool invites crypto holders to stake their funds to support humanitarian efforts
Participants can stake their funds which generate rewards on the blockchain which are then transferred to a wallet owned by the Ukrainian government. Participants' crypto assets are frozen, meaning that they can generate interest of five per cent.Backed by a number of European crypto startups, the initiative has set an initial target of $10 million in funding for humanitarian efforts.
16.03 / 10:25
Blockchain
UPS
Provident
Platform
network
Polygon Network
PolyCUB: DeFi 2.0 Meets Yield Optimization on the Polygon Network
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
16.03 / 09:13
Blockchain
Hackers
Cybersecurity
Bitcoin
Truth or fiction? Popular former hacker claims to have $7B in BTC
A former blackhat hacker who goes by the name Gummo online claims to have amassed around $7 billion worth of Bitcoin (BTC).
16.03 / 08:43
Blockchain
Ethereum
defi
Hackers
defi protocols
‘Unlucky’: Agave and Hundred Finance DeFi protocols exploited for $11M
A hacker has made off with approximately $11 million in Wrapped ETH, Wrapped BTC, Chainlink, USDC, Gnosis, and Wrapped XDAI after using a “re-entrancy” attack on DeFi lending protocol applications Agave and Hundred Finance.
16.03 / 05:41
Blockchain
Lowe's
Extreme
Bitcoin
consequences
Examining the source of Bitcoin’s selling pressure and its awaiting consequences
Bitcoin prices continue to consolidate this week, compressing into an increasingly tight area below the $40k mark. Long-term holders seem to run out of patience as accumulation trends softened in the short term despite extremely constructive long-term demand trends.
16.03 / 05:15
Blockchain
NFT
Metaverse
Meta Ceo
Instagram is adding NFTs soon says Mark Zuckerberg
Meta CEO Mark Zuckerberg has revealed that its video and photo sharing app, Instagram, is preparing to add non-fungible tokens (NFTs) to the platform.
16.03 / 05:15
business
Facebook
Libra
Blockchain
Diem team members raise $200M to launch blockchain derived from it
Former Meta employees and key players behind the firm’s defunc stablecoin project Diem have raised $200 million to expand a new project dubbed “Aptos.”
16.03 / 04:19
Blockchain
Adoption
Gaming
South Korean Gaming Firms Looking to Emulate Axie Infinity P2E Crypto Gaming Success
South Korean video game giants want to carve out a slice of the increasingly lucrative play-to-earn (P2E) crypto gaming pie – with heavyweight Neowiz set to drop a new crypto golf gaming title.
16.03 / 00:33
Blockchain
Technology
Ethereum
proof-of-work
BUG
testing
Ethereum Merge testing on Kiln mostly successful, save for one minor bug
On Tuesday, Ethereum (ETH) developer Tim Beiko tweeted that Kiln successfully passed the Ethereum Merge, with validators producing post-merge blocks containing transactions. Kiln will be the last Merge testnet (formerly Ethereum 2.0) before existing public testnets are upgraded. "Merge" involves taking Ethereum's Execution Layer from the existing Proof of Work layer and merging it with the Consensus Layer from the Beacon chain, turning the blockchain into a proof-of-stake network. The Foundation writes:
16.03 / 00:19
Government
Blockchain
SEC
Lee
Commissioner Allison Lee announces her departure from the SEC
Securities and Exchange Commissioner Allison Herren Lee announced that she would be stepping down from her post at the end of her term in June.
15.03 / 23:33
Blockchain
NFT
transparency
Co-founders of UkraineDAO and Friends With Benefits DAO talk autonomous organizations at SXSW
Kimbal Musk, Nadya Tolokonnikova and Alex Zhang took to the SXSW stage on Monday to participate in the "Move Over NFTs. Here Come the DAOs" panel at Austin's Convention Center. Tolokonnikova is a former member of the Russian protest punk rock group Pussy Riot, and the co-founder of UnicornDAO and UkraineDAO. Zhang co-founded the social club, DAO Friends With Benefits, and serves as its mayor, while Musk cofounded the philanthropic Big Green DAO. Journalist Michael Casey moderated.
15.03 / 23:33
Blockchain
defi
Polygon
Web3
New application merges DeFi 2.0 protocols with yield optimization on Polygon
Decentralized finance (DeFi) first took the world by storm in 2020. Now, two years later, the world has grown to know several successful DeFi projects. Despite these successes, like any new field, several problems have also arisen.
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