Cryptocurrency Analysis and News Portal
Rap star Jay-Z, otherwise known as Shawn Carter, and Block CEO Jack Dorsey, recently airdropped bitcoin to members of the Bitcoin Academy in Brooklyn. Jay-Z’s mother, Gloria Carter explained in a statement that a myriad of residents from Brooklyn’s Bedford-Stuyvesant participated, and more than 350 people attended the crypto classes. Hundreds
Read More
According to a new lawsuit filed in the U.S. District Court, Western District of Texas. On Thursday, six users of the Ethereum blockchain and cryptocurrency mixer Tornado Cash sued the U.S. Department of Treasury, alleging that its recent designation of 44 Tornado Cash smart contract addresses to the Specially Designated
Read More
Britain’s new Prime Minister Liz Truss has appointed Kwasi Kwarteng, former head of the U.K.’s department for business, energy, and industrial strategy, as the new finance minister, charging him with decisions that will impact British and global crypto markets.See related article: Bank of England calls for greater crypto regulationFast factsFormer
Read More
Cryptocurrency adoption across the globe has been moving slower than most would like, but there is no doubt that there has been a lot being done so far. It started with El Salvador’s adoption of bitcoin as a legal tender, and it has spiraled from there. One thing that is
Read More
IMF Director Tobias Adrian believes uncollateralized and algorithmically-stabilized stablecoins pose
Read More
Summary: Tether’s CTO, Paolo Ardoino, has identified a coordinated attack on USDT by traditional hedge funds shorting the stablecoin. According to Mr. Ardoino, the attack involves a new wave of FUD, trolling, clowns, and more. Mr. Ardoino has reiterated that Tether is 100% backed by reserves. He also added that Tether is phasing out
Read More
On Thursday, Circle’s CEO Jeremy Allaire announced that the company has launched a new stablecoin pegged to the value of the euro (EUR). Allaire said that the new EUROC token is now live on the Ethereum network and will be “available to mint and redeem on June 30th.” Circle Launches EUROC Circle
Read More
Bitzero plans to invest about $400 million to $500 million to build 200 megawatts of data centers in the state. Source
Read More
Canonical Crypto expects to invest in 40 to 50 projects with the first fund, writing checks ranging from $250,000 to $500,000 for pre-seed to seed round investments. The firm will offer operational support with a focus on helping founders figure out how to tailor their tooling for the right set
Read More
Volt Capital was one of the original contributors to crypto accelerator program DeFi Alliance; it launched a $10 million investment fund in April 2021. Backers for the new fund include Andreessen Horowitz (a16z) General Partners Marc Andreessen and Chris Dixon, angel investor Elad Gil, Union Square Ventures Managing Partner Albert
Read More