Pip Labs Raises $80 Million at a $2.25 Billion Valuation to Protect IP via Blockchain
Pip Labs has raised $80 million in a Series B funding round led by VC firm A16z, reaching a valuation...
Bitcoin
Mercado Libre, Latam’s Largest Company, Launches Own Dollar Stablecoin
Mercado Libre, the largest public company in Latam by market capitalization, has announced the release of its own dollar-pegged stablecoin,...
615 Crypto Scam Sites Dismantled by Australian Regulator
The Australian Securities and Investments Commission (ASIC) has shut down more than 7,300 phishing and investment scam websites, including 615...
State Street Partners With Taurus to Boost Digital Asset Services
Global financial services provider State Street has announced a strategic partnership with digital asset infrastructure provider Taurus to enhance its...
Investing in Bitcoin With AI Trading Software Amidst Nvidia’s Meteoric Rise
Editorial Note: The following content does not reflect the views or opinions of BeInCrypto. It is provided for informational purposes...
US Bitcoin ETFs Thrive With $39M Boost, Ethereum ETFs Experience $17M Decline
On Wednesday, U.S. spot bitcoin exchange-traded funds (ETFs) marked their fifth straight day of inflows, adding $39.42 million to their...
Kaspa and Alephium Mining Gain Traction as Bitcoin’s Hashprice Remains Low
While Bitcoin is widely recognized as a proof-of-work (PoW) network, it’s not necessarily the most profitable PoW asset to mine....
Bitcoin drops below $60k and could dip lower as MEXC lists POODL
Key takeaways Bitcoin has lost 3% of its value and is trading below $60k once again. Poodlana’s native token is...
Hong Kong Lawmaker Calls for DAO Regulation to Boost Web3 Investments
Hong Kong lawmaker Johnny Ng Kit-chong has called for a legal framework to regulate decentralized autonomous organizations (DAOs) to boost...
Inflows and Outflows: Bitcoin ETFs Gain $88M, Ether Drops $6.49M
On Tuesday, U.S. spot bitcoin exchange-traded funds (ETFs) saw inflows of $88.06 million, while ether ETFs experienced outflows totaling $6.49...
El Salvador Launches Bitcoin Training for 80,000 Civil Servants
El Salvador is advancing its position as a leader in crypto by launching a Bitcoin training program for 80,000 public...
Bitfufu Reports 70% Revenue Growth in Q2 2024, Cloud Mining Clients Pay $77 Million
Bitfufu Inc., a Nasdaq-listed cloud mining services company, announced a 69.7% revenue jump for the second quarter of 2024, bringing...
Gate Ventures, Abu Dhabi Blockchain Center Launch $100M Innovation Fund
Gate Ventures (crypto exchange Gate.io’s VC arm) and Abu Dhabi Blockchain Center partnered to launch Falcon Gate Ventures, a $100...
Democratic Party Election Platform Didn’t Say “Bitcoin” Even Once
The Democratic National Committee published its 2024 Party Platform on Sunday – a document detailing the Democrats’ future political priorities...
Cryptoquant: Bitcoin Miners Expand Capacity But Struggle to Stay Profitable
Bitcoin miners are expanding their hashing capacity, reaching new record highs despite ongoing challenges in profitability. This report from Cryptoquant...
This Meme Coin Stuns Crypto Markets with Massive Gains as Sector Bounces
TL;DR Cat-themed meme coins surged, leading a meme coin rally that pushed the sector’s market cap above $40 billion. Dogecoin...
Seychelles Approves Bill on Virtual Asset Regulation
The Seychelles National Assembly has approved a draft bill to regulate virtual asset service providers (VASPs). The bill requires license-seeking...
Bitwise Expands European Presence Through Acquisition of ETC Group
Bitwise Asset Management has taken a bold step into the European market by acquiring ETC Group, a London-based provider of...
Nasdaq ISE pulls back on Bitcoin and Ethereum options trading
Key Takeaways Nasdaq ISE withdrew proposals for trading options on Bitcoin and Ethereum ETFs. Other exchanges also pulled similar proposals,...
Hashrate Climbs 25 EH/s in 8 Days as Bitcoin Miners Adjust to Network Difficulty Reduction
While Bitcoin’s hashprice has been languishing below $44 per petahash per second (PH/s) each day, the network’s hashrate is beginning...
Stablecoin Market Expands: $2.21B Uptick in 8 Days Fueled by Tether’s Growth Spurt
The stablecoin market has been picking up speed lately, and between Aug. 9 and Aug. 18, 2024, it expanded by...
Crypto.com Opposes Proposed US Ban on Prediction Markets and Event Contracts
Crypto.com Senior Vice President Steve Humenik has joined Coinbase by voicing opposition to a proposed rule change by the Commodity...
