Crypto Biz: Galaxy, CoinShares Q1 results, ETFs on the blockchain, and more
This week’s Crypto Biz features Galaxy Digital and CoinShares earning results, Franklin Templeton’s CEO betting on blockchain, Polymarket’s funding raise, and a leadership transition at dYdX.
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Exec shares process of setting up a business in Switzerland with Bitcoin
Pietro Poretti, the city of Lugano’s director of the economic development division, said that their goal is to allow people to live in the city using only Bitcoin. 704 Total views 2 Total shares While Switzerland has been popular among the wealthy for its prowess in banking, the country has also been slowly welcoming those…

Bitcoin has hit all-time highs against numerous world currencies
Bitcoin has broken record levels against at least nine world currencies as its USD price marches toward $20,000. 219 Total views 2 Total shares Bitcoin (BTC) is just a few thousand dollars from its all-time high near $20,000 USD. While much of the crypto industry watches Bitcoin’s price action in U.S. dollar terms, however, BTC…

Security engineer pleads guilty to Nirvana Finance exploit and one other hack
Shakeeb Ahmed was arrested for hacking an unspecified DEX, then admitted to Nirvava Finance hack too. A software engineer pleaded guilty to one count of computer fraud in connection with the hacking Nirvana Finance and an unnamed decentralized cryptocurrency exchange in the Southern District Court of New York on Dec. 14. The United States Attorney’s

New DAO launches after $230M funding round including Peter Thiel, Alan Howard
A new decentralized autonomous organization, BitDAO, announced its launch with a $230 million private sale and major contributions from Singapore-based Bybit. 3164 Total views 5 Total shares BitDAO, a new decentralized autonomous organization, is launching after a $230 million funding round led by billionaire venture capitalist Peter Thiel.BitDAO announced its DAO launch on Tuesday in…

Solana price hits a 2023 high, but do strong fundamentals back the SOL rally?
Solana (SOL) price briefly surged to a new year-to-date peak on June 14 after Ripple’s partial win against the U.S. Securities Exchange and Commission in the case contesting XRP’s position as a security. The token recorded gains of 48.09%, reaching a peak of $32.40 as news of the court ruling spread, before retracing below the $30.00…

Blockchain service provider Nansen to integrate Solana data analytics
The platform will introduce a statistical dashboard in Q1 2022 dedicated to tracking insights and trends in Solana's NFT and DeFi ecosystems. 297 Total views 13 Total shares Blockchain data provider Nansen has announced the planned integration of a Solana dashboard to provide extensive insights to institutional and retail investors seeking to identify emerging trends…

REN price rallies 60%, hitting a new high after recent DeFi integration
REN price spiked to a new all-time high shortly after its recent integration with Binance Smart Chain. 2148 Total views 18 Total shares Ren (REN) price underwent a strong 65% breakout on Feb.19 as the interoperability-focused protocol saw continuing accumulation from whale wallets holding more than 1 million REN. Data from Cointelegraph Markets and TradingView…

Mark Cuban takes on SEC, John Reed Stark and ‘crypto derangement syndrome’
The billionaire investor got stuck into a heated debate with former Securities and Exchange Commission official John Reed Stark over crypto regulation. 467 Total views 26 Total shares Crypto Twitter was witness to a fierce debate this week, with billionaire investor Mark Cuban accusing SEC’s Gary Gensler of throwing crypto under the bus while a…