Closing down operations has been announced by Nocturne Labs, the Ethereum-native privacy protocol which has backing of notable figures in the cryptocurrency community, including Vitalik Buterin, co-founder of Ethereum. No reason for the shutdown was provided by the firm. Private Ethereum accounts and transactions were the original goals of Nocturne.
June 6, 2024 2 mins read
XOCIETY, a AAA third-person shooter game has concluded a $7.5 million pre-Series A funding round with success. Hashed and the Sui Foundation lead the round, while other well-known players including Spartan, Neoclassic, Bigbrain Holdings, and KRAFTON contributed as well. With over 3000 users from 76 countries, over 11,000 hours of playtime, and
June 6, 2024 1 min read
In a Series A funding round, Fhenix, an Ethereum Layer 2 network developer with an emphasis on data confidentiality, has raised $15 million. According to Fhenix on Tuesday, Hack VC led the round, with participation from Dao5, Amber Group, Primitive Ventures, GSR, Collider Ventures, and Stake Capital. Guy Itzhaki, the CEO
June 5, 2024 2 mins read
Unrealized losses in the US banking industry totaling $517 billion were disclosed by the Federal Deposit Insurance Corporation (FDIC). Concerns regarding the stability of the US economy and financial sector have been sparked by the FDIC’s announcement that 63 banks are at risk of insolvency. A larger-than-expected drop in manufacturing
June 4, 2024 1 min read
A new relationship between Bitpanda, a prominent crypto platform, and Deutsche Bank has been unveiled. The two companies are teaming up to improve the bank’s payment options using Bitpanda’s cutting-edge cryptocurrency technology. Deutsche Bank’s dedication to offering consumers more diverse and innovative payment choices is being further solidified with this
June 4, 2024 2 mins read
The market value of Polygon’s stablecoin has increased dramatically within the past three months. A staggering $1.5 billion was the market cap of the Ethereum Layer 2 solution’s stablecoin, according to the most recent data from Messari. This represents a substantial 19% growth from the previous quarter. According to Messari’s
June 3, 2024 1 min read
A significant step forward for the blockchain interoperability platform has been achieved by Entangle with the confirmation of Solana’s integration into its Photon messaging protocol. Despite the long history of difficulty in creating interoperability between different ecosystems, Entangle has broken new ground by enabling trustless cross-chain messaging between the Ethereum
June 3, 2024 1 min read
One of the most prominent American financial advisory firms, Vanguard Group, is under a lot of heat for not supporting Spot Ethereum ETFs. This decision is made in light of the current regulatory changes and the increasing interest in digital assets. Spot Bitcoin ETFs were previously the subject of a
May 30, 2024 2 mins read
A prominent South Korean game publisher, Com2uS Group, has joined the Oasys crypto gaming ecosystem with the release of two significant games in major franchises and their own layer-2 chain, XPLA Verse. The action role-playing game Summoners War: Chronicles, a spinoff of the 220 million+ download Summoners War: Sky Arena, has
May 30, 2024 1 min read
El Salvador’s president, Nayib Bukele, and ARK Invest CEO, Cathie Wood, are working together to investigate how Bitcoin (BTC) may improve El Salvador’s financial markets and encourage innovation in technology. Joining forces like this might help El Salvador attract investors from across the world and boost its economy as it
May 29, 2024 2 mins read