Author: Crypto Insider

Algorithmic crypto trading firm Wintermute is in talks with investors to raise new capital, according to a report. A deal worth between $100 million and $300 million could be in the works. Chinese social media conglomerate Tencent is among the investors considering the deal, Bloomberg and The Information reported on July 19. The deal would…

Ethereum co-founder Vitalik Buterin has introduced a new cryptographic protocol called Circle STARKs that promises to improve blockchain security and efficiency. In his latest post, Buterin explains that this technological leap utilizes smaller fields like Mersenne31 to significantly improve proving speed without compromising security measures. “The most important trend in STARK protocol design over the last…

Ether exchange-traded funds (ETFs) are now officially trading on stock exchanges, and the preliminary inflow data for the first 15 minutes of trading has been revealed by analysts. According to Bloomberg senior ETF analyst Eric Balchunas, Bitwise outperformed its competitors during the first quarter-hour of trading, recording $25.5 million in capital inflows, second only to…

The global blockchain industry is celebrating the 10-year anniversary of the Ethereum network’s initial coin offering (ICO). Ethereum started gaining traction in 2014 when co-founder Vitalik Buterin mentioned the project at a Bitcoin conference in Miami. On July 22, Ethereum launched its ICO, selling over $18 million worth of Ether paid for in Bitcoin. Ethereum has come a long way…

There is a broad misunderstanding in the crypto community about the status of the Securities and Exchange Commission’s (SEC) campaign to undermine blockchain innovation in the United States. When Consensys announced in June that the SEC had decided to conclude its “Ethereum 2.0” investigation, it was taken as another signal that a hostile administration was changing…

NPC Labs, a GameFi infrastructure startup founded by three former Coinbase employees, has raised $21 million to accelerate gaming development on Coinbase’s Ethereum layer-2 network Base. The funding included $18 million from cryptocurrency-focused venture capital firm Pantera Capital. Makers Fund, Hashed, Mirana Ventures, and several other investors chipped in, too, according to a July 22 report by…