News - Page 1077 of 2214 - Cryptonews (Page 1077)

Institutional Interest for Bitcoin Rises, Yet Challenges May Hamper Future Adoption

Institutional interest for Bitcoin and other digital assets has been apparent in previous years. Yet industry experts believe that investors are taking a newfound interest in Bitcoin (BTC) following the approval of 11 US spot Bitcoin exchange-traded funds (ETFs). David Lawant, Head of Research...

, by Rachel Wolfson

Crypto Gains Surpassed $37.6 Billion in 2023: Chainalysis

Global crypto gains reached $37.6 billion in 2023 following severe losses in 2022, blockchain intelligence firm Chainalysis revealed in a new report released Thursday. U.S. Leads The Way In Total Crypto Gains For 2023According to the organization’s latest research, the total represents a...

, by Julia Smith

Monad Devnet Launches with Scalability Promise – Could it Push Ethereum Technology to New Heights?

The highly anticipated layer 1 blockchain Monad officially launched its developer network (devnet) on March 14 after achieving an impressive 10,000 transactions per second (TPS) in internal testing environments. This TPS statistic and Monad's goal to optimize and improve Ethereum's functionality...

, by Trent Alan

Web3 Fashion House mmERCH Secures $6.4m in Seed Investment Ahead of Innaugural Collection

Blockchain-enabled Web3 fashion startup mmERCH announced its $6.4 million seed funding round at a $25.7 million post-money valuation led by Liberty City Ventures Thursday, a major step forward for the Colby Mugrabi-led fashion house. mmERCH Attracts an Assortment of High-Profile InvestorsAccording...

, by Julia Smith

NYSE Signals US SEC to List Crypto Firm 7RCC’s Eco-Conscious Spot Bitcoin ETFs

The New York Stock Exchange (NYSE) has proposed the US Securities and Exchange Commission (SEC) to consider listing 7RCC’s environmentally-conscious spot Bitcoin ETF. Crypto asset manager 7RCC is creating a carbon-neutral ESG-focused spot Bitcoin exchange traded fund (ETF). It comprises of...

, by Sujha Sundararajan

EU Sets Global Precedent with Comprehensive AI Regulation Act

The European Union has again set a global precedent by unanimously passing a landmark bit of comprehensive legislation to govern AI: The AI Act. According to the official press release, ministers in the European Parliament passed the AI Act on Wednesday with 523 votes for, 46 against, and 49...

, by Tim Hakki

Breaking: Court Verdict Shatters Craig Wright’s Claims – Not Bitcoin’s Creator, Satoshi Nakamoto

UK Judge James Mellor has rejected Craig Wright's claims of being Satoshi Nakamoto, the elusive creator of Bitcoin, in a recent verdict. The ruling came at the conclusion of closing arguments in the lawsuit brought by the Crypto Open Patent Alliance (COPA) against Wright, an Australian...

, by Ruholamin Haqshanas

Is It Too Late to Buy Toncoin? TON Rallies with 347M Volume, Eyes on Next Rising Coin

Toncoin (TON) rose 59% over the last seven days and posted a hefty $347 million in 24-hour trading volume, according to data by CoinGecko. TON is the native coin powering a decentralized file sharing and data storage solution protocol called TON Storage. It launched on The Open Network (TON)...

, by Tim Hakki

UEFA Searching For Crypto Exchange Sponsors For Champions League

UEFA, the governing body of European soccer, is looking to secure sponsors from the crypto exchange sector for the upcoming 2024-2027 cycle of its prestigious men's Champions League (UCL) club competition. According to a report from Sportcal, interested parties have until March 20 to...

, by Ruholamin Haqshanas

Russian Lawmakers – Failure to Regulate Crypto Hurting Russian Economy

Russian lawmakers have criticized Moscow over its “failure” to regulate the crypto sector, claiming that inaction harms the nation’s economy. Per the media outlets Finam and Pravda, lawmakers spoke about the matter on March 13. One MP blasted Moscow for failing to recognize...

, by Tim Alper

Analyst: Spot Bitcoin ETFs Anticipated to Attract $220 Billion in Three Years

Spot Bitcoin (BTC) exchange-traded funds (ETFs) could witness an influx of $220 billion over the next three years. According to a research report by broker JMP Securities, this surge in capital could potentially drive BTC's price up fourfold to $280,000, considering the multiplier effect on...

, by Ruholamin Haqshanas

Zodia Markets Partners With Fireblocks to Make Cross-Border Payments More Efficient

Standard Chartered-backed crypto exchange and brokerage Zodia Markets and crypto custody technology provider Fireblocks have partnered to improve cross-border payments. In an announcement, UK-based Zodia Markets said the collaboration will address banking challenges and improve efficiency by...

, by Tanzeel Akhtar

Crypto.com Faces Regulatory Hurdle with Dutch Central Bank Fine

De Nederlandsche Bank (DNB), the Dutch Central Bank, has imposed a major fine on crypto exchange Crypto.com.The fine, which amounted to 2.85 million euros ($3 million), was imposed in October last year but only announced on March 13.The fine was imposed on Foris DAX MT, operating as...

, by Ruholamin Haqshanas

Yuga Labs Accuses Ryder Ripps of Destroying NFT Keys to Evade Court Order

Bored Ape Yacht Club creators, Yuga Labs, are accusing artist Ryder Ripps of contempt of court. In a recent filing, they allege Ripps deliberately destroyed access to his wallets containing RR/BAYC NFTs to avoid complying with a court order. Yuga Labs claims Ripps' actions were made in "bad...

, by Hassan Shittu

Steve Cohen’s Point72 Ventures Leads $10M Funding Round in Crypto Exchange D2X

Point72 Ventures, an early-stage venture fund backed by Steve Cohen, is leading a $10 million Series A funding round in D2X, a Netherlands-based crypto derivatives exchange. In an announcement, D2X said the investment comes as it reached a “pivotal milestone” by becoming the first...

, by Tanzeel Akhtar

Australian Court Rules in Favor of Crypto Firm Finder’s Earn Product

An Australian Federal Court on Thursday, dismissed a case filed by ASIC against crypto firm Finder Wallet. The Judgement passed by Justice Markovic stated that Finder’s Earn product was ‘compliant’ and did not provide unlicensed financial services. The Australian Securities...

, by Sujha Sundararajan

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