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    Blockchain

    Sui Network Records $593 Million TVL as Wider Market Taps $72.7 Billion

    As bullish pressure ignites, the Sui network recorded a massive spike in transactions and TVL alongside the broader crypto market.

    Canada’s EQ Bank Partners with Trulioo for Biometric Identity Verification + More Crypto News

    Get your daily, bite-sized digest of blockchain and crypto news – investigating the stories flying under the radar of today’s news.

    Web3 Social Media Platform beoble Secures $7 Million Seed Funding From Samsung, Hashkey, and Others

    Hong Kong-based Web3 social platform beoble has closed its seed funding round, bringing in a total of $7 million from a diverse group of investors including Hashkey, Samsung, DCG, DWF Ventures, Nomura Laser Digital, Cypher Capital, and Blockchain Founders Fund.

    Japanese Government Plans to Relax VC Crypto Investment Rules

    VC crypto investment rules could be relaxed in Japan, where the government plans to allow venture capital firms to invest in Web3 companies.

    Virginia Senate Committee Recommends Annual Funding for New AI and Crypto Commissions

    A Virginia Senate Committee has put forward a recommendation for an annual combined fund allocation of $39,240 to support two recently established commissions focused on artificial intelligence (AI) and cryptocurrency.

    Revolut To Roll Out “Invite-Only” Crypto Exchange

    Banking services provider Revolut is set to debut a new “invite-only” crypto exchange, according to a February 16 report.

    YoMix Replaces Sanctioned Sinbad Mixer for Lazarus Hacker Group: Chainalysis

    After sanctions were imposed on Tornado Cash and Sinbad was shut down following similar actions against the platform, Chainalysis revealed that YoMix, a Bitcoin mixer, has stepped in as an alternative for the North Korean Lazarus Group

    U.S. Regulators Can Influence Tether’s Offshore Usage: JPMorgan

    Tether’s (USDT) dominant position as the largest stablecoin faces regulatory challenges and risks from various authorities and jurisdictions as they seek to impose more transparency and compliance on stablecoins.

    XCAD Founder Jumps to KSI’s Defense Amid Pump and Dump Allegations

    The XCAD Network founder Oliver Bell defended Youtuber KSI after the content creator was accused of performing a pump-and-dump scam with several of his digital asset tokens, including XCAD.

    Crypto Media Houses Taken In By Fake $10M Uniswap Airdrop Scam

    A scammer deceived several crypto media houses into running stories on a fictitious $10 million Uniswap airdrop on February 15. This comes as the automated market maker (AMM) blockchain protocol announces the timeline for its latest V4 platform.

    Coinbase’s Philanthropic Arm Donates $3.6 Million to Brink for Bitcoin Development

    Coinbase’s philanthropic arm GiveCrypto is donating $3.6 million to Bitcoin-supporting nonprofit Brink, according to a February 16 announcement.

    Bitwise Bitcoin ETF Among Top 25 Fastest ETFs to Reach $1 Billion in Assets + More Crypto News

    Get your daily, bite-sized digest of blockchain and crypto news – investigating the stories flying under the radar of today’s news.

    GoFundMe Delists Tornado Cash Legal Crowdfunding Campaign – Here’s More

    Popular crowdfunding network GoFundMe has pulled down the legal aid fundraiser for Tornado Cash co-founder and developer, citing a breach.

    Coinbase Transaction Revenue Hits New High, Surpassing Q4 Expectation – Crypto Adoption Rising?

    In its quarterly report to shareholders, Coinbase posted a 64% jump in transaction revenue to take in $529.3 million in Q4, 2023.

    Lava Network Raises $15 Million in Seed Funding, Introducing Magma

    Lava Network has successfully secured $15 million in a seed funding round, introducing the next phase of the mainnet.

    Blockchain Technology For Verifying Election Data

    More than 60 countries around the world will hold national and regional elections this year, making 2024 the biggest election year in history. But there are growing concerns that misinformation and disinformation driven largely by artificial intelligence (AI) will impact the elections.