Multichain token plunges 30% on backend upgrade delay
The MULTI protocol’s TVL remains largely unchanged at $1.6 billion despite a large selloff in the token price. Go to Source Powered by WPeMatico
Cryptocurrencies
Auto Added by WPeMatico
Foresight Ventures pledges additional $10M for Web3 accelerator
The venture capital firm will allocate up to $200,000 to blockchain projects that it deems promising. Go to Source Powered by WPeMatico
Central African Republic gets IMF optimism a year into Bitcoin adoption
The International Monetary Fund projects 2.2% GDP growth and manageable debt but warns of liquidity risks. Go to Source Powered by WPeMatico
Solana integrates AI into blockchain, raises grants fund to $10M
The ChatGPT plugin integrated into Solana is open source and can be downloaded from GitHub. Go to Source Powered by WPeMatico
Binance denies fund mismanagement allegations, calls it ‘conspiracy theory’
A mainstream report citing multiple insiders claimed that Binance mingled customer’s funds with corporate funds at Silvergate Bank. Go to Source Powered by WPeMatico
Portfolio management provider GoodCrypto joins Cointelegraph Accelerator
GoodCrypto joins a dedicated Cointelegraph support program for Web3 innovators to increase its brand value and scale up marketing efforts. Go to Source Powered by WPeMatico
Bitget secures regulatory license in Poland, reserve funds up $80M in Q1
The cryptocurrency exchange secured VASP licensing in Lithuania in April. Go to Source Powered by WPeMatico
FBI releases warning about fake crypto job advertisements
The fake job advertisements have lured prospective employees to foreign countries and then forced participation in cryptocurrency fraud schemes. Go to Source Powered by WPeMatico
FTX 2.0 to launch soon? Court filing shows a reboot plan in the works
The new FTX CEO has undertaken a series of meetings over the past month to work on the relaunch of the failed crypto exchange by entering in a bidding process. Go to Source Powered by WPeMatico
Bitcoin volatility drops amid decline in liquidity, but a possible catalyst is approaching
Bitcoin volatility has dropped as new liquidity is not flowing into the market, but on-chain data presents multiple reasons why BTC investors continue to hold. Go to Source Powered by WPeMatico