Binance completes integration of Bitcoin Lightning Network
    17 Jul 2023
    322 Views

    The news comes less than a month after Binance announced their plans to integrate Bit Lightning Network. Cryptocurrency exchange Binance has completed the integration of the Bitcoin Lightning Network on its platform for BTC withdrawals and deposits. The development was confirmed by Binance in a July 17 blog post, where they noted that Binance users can now use the…

    SEC accepts BlackRock’s Bitcoin ETF application, signaling regulatory review
    16 Jul 2023
    259 Views

    The SEC’s acknowledgment indicates the commencement of the official review process for BlackRock’s ETF proposal. The United States Securities and Exchange Commission (SEC) has accepted BlackRock’s application for a spot Bitcoin exchange-traded fund (ETF) following its acknowledgment of a similar application by Bitwise the day before. The SEC’s acknowledgment indicates the commencement of the official review process for…

    ‘Multichain was a big blow’, says Andre Cronje as Fantom TVL slumps
    16 Jul 2023
    302 Views

    Fantom’s TVL dropped from over $364 million in early May to about $70 million on July 14. At its peak in 2022, Fantom’s TVL topped $7.5 billion. Fantom’s co-founder Andre Cronje classified Multichain’s debacle as a “big blow” to the smart contract platform, which saw a sharp decline in activity in the past weeks as a result…

    US ‘dominates’ crypto startup funding in Q2: Report
    16 Jul 2023
    317 Views

    US-based crypto startups attracted 45% of all VC funding invested in the industry, followed by the United Kingdom claiming 7.7% of capital investment and Singapore with 5.7%. Amid crypto firms facing regulatory scrutiny in the United States, it hasn’t stopped innovation, as almost half of all capital investments flocked to U.S. crypto businesses, according to…

    Token hoarders defeat the purpose of most DAOs: Study
    15 Jul 2023
    302 Views

    The study also showed that decentralized organizations work best when they’re built around a tight-knit group of focused participants. A pair of researchers from the University of Texas at Austin and Princeton University conducted a study to determine how tokenization affects decentralization in decentralized autonomous organizations (DAOs). Their findings indicate that many of the challenges to autonomy…

    Crypto will transcend international currencies — BlackRock CEO
    15 Jul 2023
    280 Views

    Larry Fink states that global investors are increasingly eager to add crypto assets to their portfolios. BlackRock CEO Larry Fink has delivered fresh remarks supporting cryptocurrencies’ role in democratizing investing worldwide, pointing to growing interest among the companys clients in digital assets. “More and more of our global investors are asking us about crypto,” Fink said during…