Sophon ZKSync hyperchain raises $60 million in node sale
The entertainment-focused Hyperchain aims to provide a robust infrastructure for gaming, AI, and SocialFi-related protocols.
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Bitcoin’s dive under $27K liquidates $100M — So why aren’t margin traders flipping bearish?
Bitcoin’s price (BTC) broke below its 55-day support at $27,000 on May 12. In result, the two-day, 7% correction to $26,155 caused $100 million worth of long BTC futures contracts to be liquidated. However, Bitcoin margin and futures markets displayed strength during the down-move, fueling hope of a recovery toward $28,000.Regulatory pressure, stronger U.S. dollar…
INX Exchange Launching SEC-Registered Hybrid Token/Share IPO This Week
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Taiwanese Development Council to Form Blockchain Alliance in Three Months
The National Development Council (NDC) of Taiwan announced today that it will launch a blockchain alliance in three months, English-language local media Taiwan News reported on March 26.The NDC is the policy-related agency of Taiwan’s executive branch of government, known as the Executive Yuan.Per the report, Minister Chen Mei-ling told the Smart City Summit &…
Canadian Bank Set to Launch Uncheckable ‘Deposit Box’ for Cryptocurrency
A subsidiary of Canadian financial institution VersaBank confirmed it had finished beta testing of a “digital vault” for storing cryptocurrency in a press release Nov. 8.VersaVault, which announced its so-called “digital safety deposit box” in February, is aiming to attract crypto exchanges and funds as clients for the new tool.The product provides cryptocurrency storage on…
Hashkey exchange to onboard market makers to boost liquidity
"To incentivize more users to provide liquidity, we will officially launch the market maker project starting from 2023/12/28," the exchange wrote. 852 Total views 1 Total shares Hashkey, one of the first crypto exchanges to be licensed in Hong Kong, will soon allow individual and enterprise market makers to provide liquidity on the exchange.According to
Crypto bank runs in 2022 catalyzed by institutional withdrawals: Research
Research suggests the lack of insurance for depositors on crypto platforms induced fear among retail and institutional clients, leading to heavy withdrawals and a liquidity crunch. The 2022 crypto bank runs — caused by the failure of multiple ecosystem giants — have had a lasting impact on the crypto industry. A new research report from…
77.1% of Salvadorans surveyed think the gov’t should ‘stop spending public money’ on Bitcoin
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Mystery Behind Sudden Spike in ‘BTC’ Searches Tied to Hurricane Dorian
Internet searches for what appears to be the Bitcoin price ticker “BTC” have spiked to unprecedented highs, fresh Google Trends data reveals. Between Aug. 29 and Aug. 31, BTC searches worldwide catapulted from a value of 2, through to 64 (on Aug. 30) and up to the maximal level of search interest, denoted by a value…