Although he’s had a variety of jobs in the industry, including a stint as Arcane Asset’s chief investment officer, Eric Wall is probably best known for shitposting and arguing with people on Crypto Twitter. “Just like any other person, I’m scrolling my Twitter feed, and then you see people saying dumb shit that is incorrect, and that is based on…
European law enforcement authorities have detained four more members of the executive team of crypto exchange Bitzlato, Europol announced. According to the police agency, nearly half of the funds processed through the platform were associated with various criminal activities. Bitzlato Senior Management Targeted in Europe, Exchange Infrastructure Dismantled High-ranking executives of the recently busted Bitzlato have been apprehended as part…
Blockchain development platform QuickNode has closed a $60 million funding round as part of a global expansion intended to onboard more users and developers to Web3 applications. The Series B raise, which valued QuickNode at $800 million, was led by venture capital firm 10T Fund, with participation from Tiger Global, Seven Seven Six and QED, the company announced on Jan.…
Over the last couple of years, numerous reports have surfaced regarding governments worldwide exploring the issuance of their very own central bank digital currency. In fact, to date, nine countries have rolled out an active CBDC offering. In this regard, China’s digital yuan witnessed widespread use during the 2022 Winter Olympics. Other countries that have initiated similar projects include the…
The podcasting revenue model is getting a Bitcoin facelift. Looking to expand its footprint beyond gaming, mobile payment firm ZEBEDEE announced Tuesday its partnership with the “listen-to-earn” podcast platform Fountain to give listeners and podcasters the ability to earn Bitcoin using the app. “With this partnership, we’re supporting a new type of business model and economic activity, not just for…
Crypto has tapped into various industries over the years to enable users with the unique ability to micro-monetize their actions. Play-to-earn gaming, along with earning from music streaming, has been the forerunner for this type of crypto integration. On Jan 24. Fountain, a value-for-value podcasting platform, announced a new partnership with ZEBEDEE, a financial services company that helps monetize games and…
APT, the token powering the layer-1 blockchain Aptos, has been on a tear since the start of the year, gaining as much as 58% in value over the last week alone. That is despite a 1.5% correction over the past day, which took APT from an all-time high of $14.47 on Monday to the current price of $12.89, data from…
Major cryptocurrency exchange Binance reportedly admitted that it mistakenly stores some customer funds in the same wallet with its collateral for some in-house tokens. After the revelation, Binance started the process of transferring the assets in question to dedicated collateral wallets. Binance mistakenly put collateral for some of the Binance-minted tokens, or B-Tokens, in a wallet that also holds customer…
QuickNode, an end-to-end development platform that helps builders bring their Web3 ideas to life, announced today that it has raised $60 million in new funding to accelerate its vision. The Series B round, which gives the startup a valuation of $800 million, bucks the trend of shrinking sums of money flowing into Web3 firms amid the current crypto bear market.…
Cryptocurrencies continued to consolidate recent gains on Jan. 24, as markets prepared for a big week of U.S. economic data. Gross domestic product (GDP) figures for Q4 2022 will be released on Thursday, followed by consumer sentiment data the day after. Ethereum also secured recent gains in today’s session, with prices nearing a move below $1,600. Bitcoin Bitcoin (BTC) consolidated…
