Blockdata, a research organization, analyzed the investments made by major firms in blockchain and cryptocurrency startups between September 2021 and mid-June 2022, and found that South Korean electronics giant Samsung was the most active, having invested in 13 companies during that time period. The second most active investor is United
The liquidated amount in just the last 24 hrs was around $65 billion. Market cap fell to $666 B from $950 B and it has bounced back to the $900 B range. The last 24 hrs were very chaotic in the crypto environment, fall can be seen in every cryptocurrency
Dogecoin became the second-largest cryptocurrency that uses the PoW consensus. DOGE has overtaken DOT and reclaimed the tenth position in the ranking. Dogecoin traded at $0.057177 with a trading volume of $316,233,477. In terms of market value, Dogecoin (DOGE) surpassed and overtaken Polkadot (DOT). According to data from CoinMarketCap, DOGE
The Chamber of Digital Commerce filed a motion to join in as the third party. Ripple’s motion for summary judgment hit the public forum on Sept 17th. The SEC vs Ripple (XRP) case has some updates, which kindly seem to be in favor of Ripple labs and its executives. On
The Securities and Exchange Commission (SEC) of Thailand is launching additional procedures concerning the operations of crypto operators as the cryptocurrency industry develops. According to reports, the Thai SEC is aiming to limit or prevent crypto operators from providing digital asset depository services and from paying out profits on customers’
Proof of Stake (PoS) secures the network at a significantly cheaper cost. There will be a chance for attacks on the network post Merge. Aside from the fact, that the Ethereum Merge was celebrated as a significant advancement for the blockchain network, the anonymous security researcher stated that, the move
Fuller replaced John Glen as Economic Secretary to the Treasury in July. Fuller participated in the first crypto discussion in Westminster this week. Economic Secretary to the Treasury Richard Fuller has said that the United Kingdom intends to “become the country of choice for those looking to create, innovate and
SEC’s Division of Corporation Finance’s Disclosure Review Program will oversee offices. As per SEC, it has decided to assign firms and filings to a single office. On Friday, the United States Securities and Exchange Commission (SEC) said that it will be opening two more offices to handle crypto filings. The
Following a successful fundraising campaign that attracted industry heavyweights like Tim Draper’s Draper Associates, BPMT Trading Ltd, and the Holdun Family Office, blockchain-powered cybersecurity startup Naoris Protocol closed an additional round, bringing the total capital raised to date to $31 million. Both BPMT Trading Ltd and Holdun Family Office have
RBI asked four government-owned banks to participate in the CBDC trial. Recently, the RBI declared that the CBDC will launch in 3 stages. Ahead of the launch of the central bank digital currency (CBDC), India’s central bank, the Reserve Bank of India (RBI), has reportedly requested four government-owned banks to
