The Circle-Concord business combination will create a new company that plans to list publicly on the New York Stock Exchange. USD Coin (USDC) operator Circle has seen its valuation double to $9 billion after the company revised its merger agreement with Concord Acquisition Corp, a special purpose acquisition company (SPAC) founded in 2020. Circle announced…
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Despite Thursday’s selloff in cryptocurrencies, cosmos managed to hit its highest level in the last week. The rally came as one of yesterday’s big gainers, THETA, slipped in today’s session. Biggest gainers Cosmos (ATOM) moved higher in today’s session, despite the global cryptocurrency market cap falling by over 3% as of writing. ATOM/USD rose to…
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It’s impossible to ban cryptocurrencies in Russia, the country’s minister of finance has stated in his first comments on his department’s latest disagreements with the Russian monetary authority. The two institutions are reportedly failing to reach consensus on crypto regulation but the treasury intends to submit draft legislation despite their differences. Disagreements on Future of…
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Canada’s national police have sent letters to cryptocurrency exchanges asking them to freeze at least 34 crypto addresses allegedly connected to the Freedom Convoy protests under the Emergencies Act recently invoked by Prime Minister Justin Trudeau. Banks have also received letters about “designated persons” tied to the protests as the police vow to take back…
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PRESS RELEASE. Lester Green, known to millions of fans as Beetlejuice, has been a pop-culture icon through four decades. Having initially conquered radio, television, and movies, Beetlejuice has continuously evolved and is now also a social media superstar with over 2 million Instagram followers and featured on some of today’s most popular memes. “There has…
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On Tuesday, the team behind the Umbria network announced the launch of the new Narni cross-chain Avalanche bridge. Umbria says the bridge is 90% cheaper than the official Avalanche bridging solution allowing users to move ether between the Ethereum blockchain and the Avalanche network. Narni Cross-Chain Bridge Adds Avalanche Solution During the last two weeks…
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Friday is supposedly D-Day for Russian parliamentarians, who are set to unveil their much-talked-about draft crypto regulation bill – but the drama continues to rumble on, leading some to questions whether the law will indeed pass as quickly as some have hoped…. Read More: Late Drama Threatens to Disrupt Russian Crypto Regulation Plans Read…
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The main strength backing the blockchain protocol Polkadot (DOT) is its “shared security,” combined with forkless upgrades and blockchain interoperability, according to the digital asset research and investment firm CoinShares. However, the protocol is still threatened by what could be seen as a lack of decentralization, they added. … Read More: Polkadot Benefits from ‘Shared…
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The correlation between traditional macro assets and digital assets that has been seen in recent months could soon break, with what assets in the decentralized finance (DeFi) space possibly leading the way higher, executives at the crypto hedge fund Pantera Capital said in a recent call with investors…. Read More: Correlation Between Bitcoin and…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________… Read More: FBI Crypto Unit, Sequoia Doubles Down on Tokens, Universal Music NFTs + More News Read more »Pay, Trade, Buy Bitcoin with Credit Card
