Bitkraft Ventures raises $275M to support gaming studios and platforms amidst industry challenges.
Bitkraft Ventures, a prominent games investor headquartered in Denver, Colorado, with European founders, has successfully secured its third fund totaling $275 million. This comes as a significant milestone for the…
Bitcoin Maintains Stability Following Its Fourth Halving Event
On Friday, Bitcoin experienced its fourth halving, a significant event in the cryptocurrency’s lifecycle that adjusts the rate at which new coins are generated. Despite the potential for volatility, Bitcoin…
Sweden Claims $90 Million in Unpaid Taxes from Cryptocurrency Mining Firms
The Swedish Tax Agency, Skatteverket, has concluded an extensive investigation into the tax practices of cryptocurrency mining companies, resulting in claims of over $90 million in unpaid taxes. This follows…
Generative AI’s Potential in Healthcare Questioned
Generative AI, a rapidly advancing technology capable of generating and analyzing diverse data formats such as images, texts, and videos, is progressively making inroads into the healthcare sector. This technological…
Tether CEO Stresses Importance of Competition in Stablecoin Market for Regulatory Engagement
Tether CEO Paolo Ardoino, speaking at Paris Blockchain Week, highlighted the significance of Ripple’s decision to launch its own stablecoin, noting that this move could enhance the legitimacy of the…
Ore Project’s Creator Suggests Incentives for Testnet Participation to Mitigate Solana Congestion
Hardhat Chad, the pseudonymous creator behind the Ore project, has put forward a proposal to the Solana Foundation suggesting the implementation of rewards to enhance testnet activity amid recent network…
Telegram’s Durov Foresees Crypto-Inspired Devices to Counter Government Surveillance
Pavel Durov, the founder of the encrypted messaging app Telegram, envisions the emergence of secure communication devices inspired by cryptocurrency hardware wallets as a response to increasing government surveillance. In…
EDPB Calls for Meta to Offer Real Privacy Choices for EU Users
The European Data Protection Board (EDPB) has released new guidance that significantly impacts advertising technology companies like Meta, suggesting a shift in how consent mechanisms are handled within the EU.…
UK Set to Unveil Comprehensive Crypto Regulation Framework by July
The United Kingdom Treasury is poised to introduce a detailed regulatory framework for cryptocurrencies and stablecoins by July, aiming to boost local innovation within the digital assets and blockchain sectors.…
EU Demands Risk Assessment from ByteDance for TikTok Lite Within 24 Hours
TikTok’s parent company, ByteDance, is once again under scrutiny by the European Union (EU) over concerns related to its compliance with the Digital Services Act (DSA). The EU has given…
Normalizing Trends Emerge in Spot Bitcoin ETF Market After Initial Hype
The initial excitement surrounding the launch of spot Bitcoin ETFs appears to be waning as the market begins to stabilize. This shift in momentum has been marked by a recent…
SingleInterface, a SaaS startup, secures $30M to expand online business services.
In a landmark move, SingleInterface, the innovative SaaS startup known for bridging the gap between offline businesses and digital growth, has announced a successful $30 million fundraising round. This marks…
Tether and Circle Adopt Contrasting Strategies to Navigate Global Stablecoin Regulations
As the integration of traditional financial systems with the cryptocurrency economy deepens, significant stablecoin issuers like Tether and Circle are charting distinct paths through the evolving regulatory landscape. Each company’s…
Norway Implements Data Center Legislation, Increasing Oversight on Bitcoin Mining Operations
Norway has introduced new legislation aimed at regulating data centers, a move that could bring about heightened scrutiny for Bitcoin miners within the country. This new framework requires all data…
Apple to Enable Web-Based App Distribution in the European Union
Starting Tuesday, April 16th, Apple will permit developers to distribute iPhone apps directly to European Union consumers from their websites. This shift is driven by compliance with the EU’s Digital…
Crypto Projects Vanish After Utilizing Stolen Funds for Liquidity Revealed
In a significant development, three cryptocurrency projects mysteriously disappeared from the internet shortly after a blockchain investigator, known as ZachXBT, linked their liquidity provisions to funds previously stolen in various…
Addressing Network Congestion: Strategies and Challenges for Solana Developers
The Solana Foundation has acknowledged that the recent congestion issues plaguing its network stem from a surge in demand for block space combined with delays in updating its networking stack.…
EU Rights Groups Challenge Meta’s “Consent or Pay” Tactic
Nearly two dozen European civil society groups and nonprofits have taken a firm stand against Meta’s “consent or pay” strategy by penning an open letter to the European Data Protection…
Meme Coins and AI Tokens Rally, Leading Market Recovery Following $2 Billion in Bitcoin-Related Liquidations
In the latest turn of events in the cryptocurrency markets, meme coins and artificial intelligence (AI)-linked tokens have demonstrated significant gains, reversing the losses incurred over the weekend. This resurgence…
Solana Sees Major Downturn with $440M Drop in Open Interest and 11% Price Fall
In the last 24 hours, Solana‘s market dynamics have shown significant volatility, reflective of broader cryptocurrency market trends. Open interest (OI) and Solana’s price have both experienced notable declines. Despite…