Daily Archives: Feb 22, 2024

Satoshi Correspondence Revealed by Witnesses in Legal Clash Against Craig Wright

In the unfolding lawsuit between the Crypto Open Patent Alliance (COPA) and Craig Wright, three key witnesses who had early interactions with Bitcoinโ€™s creator, Satoshi Nakamoto, provided their testimonies. Among them were early Bitcoin developers Martti Malmi and Mike...

Lumerin Announces New Integration With Portal DEX for Decentralized Bitcoin Mining and Cross-Chain Hashpower Trading

PRESS RELEASE. CHICAGO โ€“ Feb 22, 2024 โ€“ Lumerin, a decentralized Hashpower Marketplace built on Arbitrum that has built technology to make Bitcoin hashrate a liquid asset allowing for global access to peer-to-peer, decentralized hashrate trading, today announced a...

Eigen Labs Secures $100 Million A16z Investment for Ethereum Protocol Expansion

On Thursday, the Eigen Labs development team, responsible for the Eigenlayer restaking protocol, announced a $100 million investment from A16z Crypto. This substantial funding comes after the projectโ€™s $50 million Series A round in March 2023. Eigenlayerโ€™s Development Team,...

Decentralized Money Market Protocol Aave Joins BNB Chainโ€™s Defi Landscape

On Feb. 22, 2024, the primary development group of the BNB Chain revealed that the decentralized finance (defi) money market protocol, Aave, has been successfully launched on the BNB network. Boasting a total value locked (TVL) of $8.571 billion,...

Grayscale Debuts Privacy-Focused ETF Featuring Zcash Trust Allocation

According to a recent Form N-1A, Grayscale has approached the U.S. Securities and Exchange Commission (SEC) with a proposal for a unique exchange-traded fund (ETF) dedicated to the privacy and cybersecurity realm. The Grayscale Privacy ETF aims to be...

LBank Labs Leads Investment Round in FortyTwo, Pioneering UX Frontend for Interchain DeFi

PRESS RELEASE. LBank Labs, a leading blockchain investment fund of $100M AUM announced today its participation in a strategic funding round for FortyTwo, a revolutionary UX frontend for decentralized finance (DeFi) across the interchain ecosystem. The investment round also...

Startale Labs Secures $3.5M in Funding to Boost Web3 Innovation; Gains Support From Samsung Next and UOB

Startale Labs disclosed this week that it has garnered an additional $3.5 million in funding from UOB Venture Management. This latest seed funding round elevates the startupโ€™s total investment to $7 million, which is earmarked for enhancing the firmโ€™s...

Non-Fungible Items; Picking up Where NFTs Left off โ€” COZ Co-Founder Tyler Adams

Many have already pronounced the death of NFTs, and in part, they are correct. Amidst the fervor of the NFT hype cycle, we saw huge valuations and sales such as Beepleโ€™s โ€˜The 5000 Daysโ€™ collection selling for a staggering...

Privacy Coins Under Attack โ€“ Not Down for the Count Yet

The delisting of monero by Binance marked a significant turning point for privacy coins, showcasing the growing impact of regulatory demands on privacy-focused projects, while also spotlighting emerging projects like Zano that aim to navigate these challenges. Regulatory Pressures...

Stablecoin Issuer Circle Announces Discontinuation of USDC Support on Tron Blockchain

The U.S. financial technology firm Circle said on Feb. 21 that it will discontinue support for USDC on Tron blockchain. The move comes just a few months after Circle refuted allegations that it was Tron blockchain founder Justin Sunโ€™s...

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Bitcoin and Ethereum ETFs would be approved in Hong Kong on Monday: Bloomberg

Hong Kong, the fifth largest monetary market on the earth, could be able to approve spot ETFs for bitcoin...