Cash News Venture capital (VC) funds invested $860 million in crypto startups last month, a 30% leap from the amount registered in September and the highest since Aprilâs $954 million earlier in the year, according to DefiLlama data. Investments in the blockchain gaming sector surpassed $110 million, growing for the third consecutive month by showing […]
Cash News Digital asset investment products saw inflows of $2.2 billion last week, bringing total inflows this year to a record-breaking $29.2 billion, according to CoinSharesâ latest report. The strong performance, coupled with recent Bitcoin price increases around $70,000, lifted the sectorâs total assets under management (AuM) above $100 billion for only the second time. […]
Cash News Coinbase chief legal officer Paul Grewal said that the crypto exchange has discovered over 20 instances where the Federal Deposit Insurance Corporation (FDIC) asked banks to âpauseâ or ârefrain from providingâ or ânot proceedâ with crypto-related banking services. In an X post, Grewal wrote: âIn short, the contents are a shameful example of […]
Cash News Russia is set to restrict crypto mining in several of its regions due to ongoing energy shortages, announced Deputy Minister of Energy Yevgeny Grabchak. On Oct. 30, the state news agency TASS confirmed the impending ban, which will affect areas where electricity deficits make it challenging to support crypto miningâs high power demands. […]
Cash News In an open letter to Vice President Kamala Harris and former President Donald Trump, Paxos CEO and co-founder Charles Cascarilla warned that Americaâs financial leadership hinges on whether the next presidential administration embraces digital assets and reforms outdated financial regulations. Cascarilla urged both political figures to recognize the potential for blockchain and stablecoins […]
Cash News Coinbase CEO Brian Armstrong has called on the next Chair of the US Securities and Exchange Commission (SEC) to dismiss the agencyâs âfrivolousâ cases against crypto firms and publicly apologize to the American people. In an Oct. 29 post on X, Armstrong highlighted inconsistencies in the SECâs approach to the crypto sector, which […]
Cash News Hong Kong authorities expect to license more crypto exchanges before the end of this year, according to Financial Secretary Paul Chan. At the ongoing Hong Kong FinTech Week, Chan stated that the Securities and Futures Commission (SFC) is actively reviewing more platforms for potential licensing. The news indicates that more virtual asset service […]
Cash News The following is a guest post by Mauricio Di Bartolomeo, Co-founder and CSO at Ledn. After years of dismissing the asset, Wall Street is finally recognising Bitcoinâs potential. At Bitcoin 2024 in Nashville, the air crackled not just with the usual enthusiasm, but with the unmistakable scent of vindication. As Donald Trump pledged […]
Cash News Coinbase developer Lincoln Murr announced the launch of a new tool called âBased Agentâ in an X post on Oct. 26. According to Murr, the tool will allow users to build an artificial intelligence (AI) agent using their crypto wallet in less than three minutes. Once created, the agent can be deployed to […]
Cash News One of the problems of Ethereum, or any blockchain, is that it grows in size over time. This means an increase in the complexity of its code and its storage requirements. A blockchain must retain all the data throughout its history which needs to be stored by all clients and downloaded by new […]