Category Archive: Cryptocurrency, No picture
‘Give me a little bit more Bitcoin,’ suggests VanEck CEO foreseeing investor shifts due to US fiscal issues
Jan van Eck, CEO of the global asset management firm and Bitcoin ETF issuer VanEck, believes investors will turn to Bitcoin and gold as stores of value in response to a potential fiscal crisis in the US in 2025. “I’ve got this theory that the markets are starting to price in a big fiscal problem […]
Senator Tim Scott accuses Biden admin of using crypto as ‘scapegoat’ on illicit finance
During a Senate hearing on April 9, Senator Tim Scott accused the current US administration of making digital assets a scapegoat in its efforts to combat terrorism financing while overlooking more significant traditional funding sources, specifying those that Iran.Addressing Deputy Treasury Secretary Adewale Adeyemo at the Senate Committee on Banking, Housing, and Urban Affairs, Scott […]
Pyth Network’s quest to surpass Chainlink: Marc Tillement at Paris Blockchain Week
In an interview with Crypto Briefing, Marc Tillement, Director at Pyth Data Association, shared insights into the role of Pyth Network within the decentralized finance (DeFi) space, its innovative approach to oracle services, and bold predictions for the crypto and DeFi sectors.Pyth’s journey and strategyAddressing VanEck’s report which speculated that Pyth could surpass Chainlink in […]
Zeta Markets founder explains Solana’s dropped transactions issue
Solana transactions peaked at a fail rate of over 75% between April 4 and 5, according to a Dune Analytics dashboard by user scarn_eth. At the same period, Solana users have been reporting issues with failed transactions, with wallets like Phantom leaving a permanent message for users about network instability.Failed transactions normally occur when bots […]
Blockchain dApps activity rose 77% in Q1: DappRadar
The number of average daily Unique Active Wallets (dUAW) in Web3 reached 7 million in 2024’s first quarter, according to the “State of the Dapp Industry Q1 2024” report by DappRadar. This represents a 77% increase when compared to the last quarter, with a notable shift being the 9% rise in the social sector, driven […]
Deutsche Bank customers see Bitcoin under $20,000 by year-end, survey shows
A recent Deutsche Bank survey indicates that around 30% of its consumers see Bitcoin (BTC) closing 2024 below $20,000, as reported by Bloomberg. The survey captured insights from the bank’s customers located in the UK, Euro area, and the US, where the percentage of customers predicting a bitter end for BTC this year is over […]
Sui implements native Bitcoin and Ethereum bridging with dWallet partnership
Multi-chain protocol dWallet Network announced on Paris Blockchain Week a partnership with Mysten Labs to bring native interoperability to layer-1 blockchain Sui, through native Bitcoin and Ethereum swaps. “We are excited to partner with Mysten Labs and bring our decentralized, non-collusive dWallet building block to the Sui ecosystem,” commented Omer Sadika, co-founder of dWallet Network. […]
Monad Labs nets $225 million in investment round led by Paradigm
Monad Labs has raised $225 million in a funding round led by crypto investment firm Paradigm, according to data aggregator CryptoRank. Electric Capital and Greenoaks Capital also participated in the round. This is the largest investment in blockchain infrastructure in 2024.This recent investment adds up to the $19 million previously received by Monad Labs in […]
Filecoin’s liquid staking team under investigation by Chinese Police — report
STFIL, a liquid staking platform for Filecoin (FIL) with just under $40 million in total value locked (TVL), has announced that its core technical team members are under investigation by local Chinese police. The platform has hired lawyers to provide legal assistance to the individuals currently in detention.In an X post released Tuesday, STFIL revealed […]
Coinbase takes legal action against SEC in push for crypto regulation clarity
Coinbase announced on Monday the filing of its opening brief with the US Court of Appeals for the Third Circuit, an appeal that challenges the US Securities Exchange and Commission (SEC) over its refusal to provide clear guidelines for the crypto industry, as revealed by Coinbase’s chief legal officer, Paul Grewal, in a post on […]
