EU to Send Ukraine 1.4 Billion Euros From Frozen Russian Assets
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EU to Send Ukraine 1.4 Billion Euros From Frozen Russian Assets

The European Union (EU) is set to provide Ukraine with 1.4 billion euros ($1.52 billion) in military aid, sourced from the interest on frozen Russian assets. This decision, announced by EU High Representative for Foreign Affairs and Security Policy Josep Borrell during a Council on Foreign Affairs meeting, will see the first transfer of funds […] Source: https://news.bitcoin.com/eu-to-send-ukraine-1-4-billion-euros-from-frozen-russian-assets/

Marathon Digital Ordered to Pay $138M for Contract Breach
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Marathon Digital Ordered to Pay $138M for Contract Breach

A federal court jury in Los Angeles has awarded Michael Ho $138 million after finding crypto mining firm Marathon Digital Holdings Inc. guilty of breaching a Non-Disclosure/Non-Circumvention Agreement. Ho had shared proprietary information about a large-scale energy supplier with Marathon, which had agreed not to bypass him. However, Marathon circumvented Ho and engaged directly with […] Source: https://news.bitcoin.com/marathon-digital-ordered-to-pay-138m-for-contract-breach/

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Spot Ethereum ETFs post $107M net inflows on first day

The newly launched spot ETH funds posted positive net inflows despite being weighed down by $485 million of bleeding from Grayscale’s Ethereum Trust. Source: https://cointelegraph.com/news/ethereum-etf-inflows-106-million-first-day-trading?utm_source=rss_feed&utm_medium=rss%3FREFRESH1635384111776&utm_campaign=rss_partner_inbound

Bitlayer Secures $11M in Series A Funding Led by Franklin Templeton and ABCDE
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Bitlayer Secures $11M in Series A Funding Led by Franklin Templeton and ABCDE

Bitlayer Labs, the team behind a Bitcoin layer two (L2) solution utilizing the BitVM paradigm, has successfully raised $11 million in a Series A funding round led by Franklin Templeton and ABCDE. This investment elevates Bitlayer’s total funding to $16 million, bringing its valuation to $300 million. Institutional Investment Advances Bitlayer’s Bitcoin L2 Development Bitlayer […] Source: https://news.bitcoin.com/bitlayer-secures-11m-in-series-a-funding-led-by-franklin-templeton-and-abcde/