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    Blockchain

    Blockstream Completes $5M Series 1 Raise, Set for Acquisition of New ASIC Miners

    Leading Bitcoin timechain technology firm Blockstream has announced the successful completion of its Series 1 Blockstream ASIC (BASIC) Note raise, securing an impressive $5.07 million.

    Messaging App LINE Secures $140 Million for Expansion of NFT Platform

    The NFT arm of messaging app LINE has raised $140 million in investment to “popularize the Web3 ecosystem.”

    Worldcoin Unveils Integrations With Minecraft, Reddit, Telegram, Shopify, and Mercado Libre

    Worldcoin has introduced an updated version of its World ID feature, known as “World ID 2.0.”

    Coinbase Announces Spot Crypto Trading for Non-US Investors

    Coinbase announced the launch of spot trading for non-US investors on its international exchange on Wednesday, marking the latest phase of the company’s global...

    3AC’s Su Zhu Examined in Singapore Court as Prosecutors Seek to Recover Creditor’s Assets

    Three Arrows Capital’s (3AC) co-founder Su Zhu was probed in a Singapore court for the first time about the company’s collapse as prosecutors intensified efforts to recover funds belonging to creditors.

    Crypto to be Measured at Fair Value in US Under New FASB Rules – Here is the Bitcoin (BTC) Price Reacted

    US companies that hold crypto will be required to record their tokens at the most up-to-date or “fair value”, according to the first set of crypto accounting rules issued by the US Financial Accounting Standards Board (FASB), and crypto prices are pushing higher as a result.

    Russians Turn their Backs on Cash, Study Shows – Good News for CBDC & Crypto Adoption?

    Source: hodim/Adobe More Russians are rejecting cash in favor of “non-cash” payments, a study has found – as crypto adoption increases and the nation prepares...

    IRS Spotlights Most Notable Cryptocurrency Scams in 2023

    The U.S. Internal Revenue Service Criminal Investigation (IRS-CI) division has released its list of the top 10 criminal cases of 2023. These cases include the IRS‘s most prominent and high-profile investigations with a significant focus on cryptocurrency-related crimes.

    Brazilian Unicorn Nubank to Launch Crypto Withdrawals

    The Brazilian neobanking unicorn Nubank will begin allowing its customers to make crypto withdrawals from its platform – following a deal that will let them trade USD Coin (USDC).

    Cambridge Study: Ethereum Consumes 28x Less Energy Than American Express

    The world’s second-largest crypto protocol Ethereum network, is reported to consume 28 times less energy than the American Express business, according to a recent report from the University of Cambridge.

    DOJ Charges Two Men For $25 Million Crypto “Trading Bot” Ponzi Scheme

    In another crackdown against crypto criminals, the U.S. Department of Justice (DOJ) has charged two middle-aged men with stealing over $25 million from victims in a so-called “cryptocurrency Ponzi scheme.”

    Democratic Presidential Candidate Dean Phillips Says Biden and Trump Don’t “Understand” Crypto

    Representative Dean Phillips, a member of the United States House of Representatives running against Joe Biden for the Democratic nomination in the 2024 presidential election, recently criticized President Joe Biden and former President Donald Trump for their positions on crypto.

    Do Kwon Will Stay in Montenegrin Custody through February: Report

    Disgraced Terraform Labs’ co-founder, Do Kwon, will stay in Montenegrin custody through February 2024, according to a new report. Two-month extension granted Published by Bloomberg on...

    KuCoin to Shutter Services in New York After $22 Million Settlement Package – Here’s the Latest

    The KuCoin crypto exchange is set to shutter its operations in the ‘Big Apple’ following an agreement with the Supreme Court of the State of New York County.

    BNB Chain Reveals Greenfield Tech Roadmap, Neon EVM Integrates Ledger Live + More News

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

    Nil Foundation Launches Type-1 zkEVM for Enhanced Ethereum Scaling Security

    Ethereum research and development firm =nil; Foundation announced today the launch of Type-1 zkEVM, designed to enhance security and scalability for Ethereum.