Bookmarking Crypto Insights
Publicly traded company BTCS announced a $57.8 million financing agreement led by investment firm ATW Partners to purchase Ether as it expands its blockchain infrastructure strategy. The Rockville, Maryland-based company announced the deal on May 14, saying that the move will allow it to expand validator node operations and build recurring revenue from Ether (ETH) … Read more
Opinion by: Yat Siu, executive chairman and co-founder, Animoca Brands A discussion on digital property rights, copyright, intellectual property, the open metaverse, AI and value without physical form. When I attend conferences and similar public events, someone almost always approaches me to ask how cryptographic tokens (fungible or non-fungible) can have value even though tokens … Read more
Inabit, a provider of secure cryptocurrency management solutions, has announced a collaboration with Google Cloud to enhance security for cryptocurrency transactions and digital asset management. This partnership will leverage Google Cloud’s Confidential Computing platform to create secure environments where cryptocurrency private keys remain encrypted and inaccessible, even during active use. The collaboration comes in response … Read more
Key points: Bitcoin has a fight for both $100,000 and a $2 trillion market cap on its hands this month. Dips below six figures are “easily possible,” analyst Filbfilb says, but the odds are stacked in bulls’ favor. ETH/BTC needs to hit the 0.03 inflection point as part of an altcoin comeback. Bitcoin (BTC) is … Read more
Sandeep Nailwal, founder of Polygon, warned about a recent incident involving a hack of one of his contacts that utilized social engineering and deepfakes on Zoom to compromise other Telegram contacts. The attackers sought to install a component that would allow them to gain access to the victims’ computers. Zoom/Telegram Hacks: Polygon Founder Describes Modus … Read more
Thailand’s Ministry of Finance will issue $150 million (5 billion baht) worth of new digital investment tokens, called G-Tokens, within two months. These tokens will allow retail investors to invest in government bonds for as little as $3, offering potentially higher returns than bank deposits. While not a debt instrument or cryptocurrency, the G-Token will … Read more
Several investors of a non-fungible token (NFT) project, Hashling NFT, have accused its founder of misappropriating millions of dollars in profits from the project and a closely tied Bitcoin mining operation. According to the May 14 court filing in Illinois, the plaintiffs allege that their former business partner, Jonathan Mills, lied about transferring assets from … Read more
A Singapore High Court has ruled in favor of Sonic Labs’ motion to force the Multichain Foundation to wind up in an effort to recover funds stolen during a 2023 hack. In the May 9 judgment in the Singapore Supreme Court, Justice Kwek Mean Luck granted a request from Sonic Labs, formerly the Fantom Foundation, … Read more
The US Senate could pass a key bipartisan stablecoin bill as soon as next week after removing language targeting President Donald Trump and his family’s sprawling crypto interests. Republican Senator Cynthia Lummis said onstage at an event by Coinbase’s lobbying arm, Stand With Crypto, that she thinks it’s a “fair target” to have the Guiding … Read more
A major Chinese darknet marketplace suspected of facilitating crypto scams and cybercrime has been shut down by the Telegram messaging service, upon which it operated. The internet’s largest illicit marketplace, Haowang Guarantee, formerly Huione Guarantee, said it will shut down following Telegram’s ban of thousands of associated accounts on May 13. “Since all our NFTs, … Read more
