Regulation
MachineFi Lab Raises $10M to Incentivize IoT Data Collection for Web 3
Samsung Next was among the backers of the round, which pushed MachineFi to a $100 million valuation. Source link
Month: June 2022
Ethereum
Human Rights Leaders Urge Congress to Take ‘Open-Minded’ View on Bitcoin
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Bitcoin
Bitcoin Drop Below $30K Sheds $80 Billion From Crypto Mark
As the effects of the recent bloodbath in the crypto market started vanishing, the fledgling Bitcoin, after a long time, reached near the $32,000 level yesterday. But again, it failed to hold above $30,000. Following […]
Market Analysis
PayPal Users Can Transfer Crypto Between External Wallets and Exchanges After new Approval
PayPal Holdings Inc. announced on June 7 that its users can transfer Bitcoin, Ethereum, Bitcoin Cash, and Litecoin to other exchanges and external wallets. The company release stated that the enhancement was brought about on the back […]
Regulation
Apifiny Courts Quant Traders With Crypto Code Library
“Today, most of the quant traders who are looking to do the same thing, they’ll go on GitHub, find some open-source code someone’s already written,” Xu said. But that system is “probably not perfect.” They […]
Ethereum
IRA Financial Sues Gemini Over $37M Crypto Heist
In a civil suit filed Monday in Federal district court, the South Dakota-based company pointed the finger squarely at Gemini for a hack that’s left dozens of retirement savers in disarray. Some of its clients […]
Bitcoin
Circle to Support Polygon USDC on Payments Platform as Adoption Grows
The move will allow for swapping native USDC across eight other blockchain networks. Source link
Market Analysis
Bitcoin-Based Funds See Inflows Returning
Inflows into cryptocurrency funds have largely returned over the past month, with investors betting that Bitcoin has already bottomed out. Over the course of May, weekly inflows into crypto funds averaged $66.5 million, in contrast […]
Regulation
First Mover Asia: For the Metaverse to Be a $13T Opportunity, Much Has to Change; Bitcoin Rises Late Past $31K
A Citi report makes a bold prediction, but major metaverse platforms are struggling to attract committed users. Source link
Ethereum
Crypto Bank Custodia Sues Federal Reserve
The bank founded by Morgan Stanley veteran Caitlin Long filed suit against the U.S. central bank for delaying a decision on its application for a master account. Source link