Bitcoin dumps 'bull market excess' as daily ETF outflows pass $500M

Zurich-based Dfinity Foundation has announced a fund worth CHF 200 million, or around $223 million, to support development on the Internet Computer — a blockchain-based decentralized network with wildly ambitious plans to one day “replace” much of the internet. The non-profit scientific research organization announced “The Developer Ecosystem Program” on May 26, and is now…

Hong Kong anticipates the continued growth of its fintech ecosystem, with blockchain, digital assets, distributed ledger technology (DLT) and artificial intelligence playing a central role in shaping its future. Hong Kong is home to over 1,100 fintech companies. This includes 175 blockchain application or software firms and 111 digital asset and cryptocurrency companies, which marked

China Merchants Bank International (CBMI) is partnering with Nervos Network — a Chinese blockchain startup founded by a former researcher and developer of the Ethereum Foundation.A press release published on Oct. 3 revealed that the new partnership will focus on jointly developing decentralized finance (DeFi) applications and helping Nervos to grow its network in the…

Over 41% of those transactions took place on Xai, a new Ethereum layer-3 scaling solution focused on gaming applications.

Bitcoin reached a new all-time high of $73,880 in USD terms earlier in 2024, but toppling it by 2025 does not take it above 2021’s inflation-adjusted value.

Taking advantage of the increasingly divergent fundamentals of Bitcoin and fiat currency could be a way out for struggling miners. Bitcoin (BTC) mining firms should hold their mined Bitcoin and use it as collateral for fiat-denominated loans to pay operating expenses instead of selling BTC and losing the upside of an asset that miners expect

Tron and Stellar Development Foundation are part of a new alliance that will provide university students with a working knowledge about blockchain technology.Teach students about blockchainIn a press release shared with Cointelegraph on Oct. 10, it was announced that top crypto projects Tron and Stellar will work together to form a new educational alliance that…