Terraform Labs Seeks Bankruptcy Protection in US
Terraform Labs, the project that issued UST stablecoin is now filing for Chapter 11 bankruptcy filing. The official filings of the firm revealed $100 million...
JPMorgan Chase Leads $500M Funding Round Honeywell-Cambridge Quantum
Mitsui & Co and Amgen joined the fundraiser that saw the firm value edge closer to $5B. Quantinuum, a quantum computing firm, recently closed a...
Virginia State Proposes Bill to Protect Crypto Mining Rights
The legislators in Virginia have introduced a new bill to define rights for blockchain miners. The bill also deals with the matter of providing tax incentives...
Ethereum Users Stake Full Validator Directly From MetaMask
MetaMask’s new offering eradicates the need for intricate hardware or pooling to operate an Ethereum validator node. MetaMask, a crypto wallet provider, has introduced a...
Trezor’s Security Breach Leaves 66K Users Vulnerable
Trezor, a hardware wallet service, has published the list of users who have contacted the support team. The list indicates that around 66K Trezor users...
JPMorgan Analysts Warn GBTC Profit-Taking Imposing Increased Pressure on Bitcoin Price
JPMorgan analysts are warning that the quest for profits by GBTC investors could exert increased downward pressure on the Bitcoin price. The JPMorgan analysts decry...
HashKey Group Attains ‘Unicorn’ Rank Following $100M Funding
OKX Ventures was allegedly one of the Series A round’s lead investors. This round carried HashKey Group over the $1B ‘unicorn’ threshold. HashKey Group, a...
Chainalysis Reporting 29% Crypto Crime Decline in 2023
A recent blockchain-based analyst firm Chainalysis disclosure hails FTX for tipping the scale of the illicit crypto amount reported following the Sam Bankman-Fried conviction. Chainalysis...
Hong Kong’s VSFG to File Bitcoin Spot ETF Application in Q1 2024
Venture Smart Financial Holdings (VSFG) is a Hong Kong-based firm that is planning to launch ETF with direct exposure in Bitcoin during the first quarter...
Solana Mobile Developing More Affordable Smartphones Compared to Saga
A less costly replacement to the Solana Saga is allegedly planned. This comes after purchasers harvested bundled airdrops and tokens after the original phone went...