According to the seven-day simple moving average (SMA) statistics regarding Bitcoin’s hashrate, the network hashrate has stayed below the 600 exahash per second (EH/s) mark for approximately one week. The recent rise in bitcoin’s price ha…
The First Web3 RPG From Saudi Arabia Astra Nova Launches a SocialFi Platform on Immutable zkEVM
PRESS RELEASE. Astra Nova, the pioneering Web3 RPG from Saudi Arabia, is excited to announce the launch of its SocialFi platform, The Black Pass. This innovative platform is accessible through a free soulbound NFT and offers a competitive edge by track…
Report: CME Group to Launch Bitcoin Trading Amid Rising Demand From Wall Street
CME Group, the world’s largest futures exchange, is planning to launch bitcoin trading to capitalize on the surging demand among Wall Street money managers for exposure to the cryptocurrency sector, according to a report from the Financial Times. The C…
Michael Saylor Foresees U.S. Pension Funds’ Bitcoin Adoption
Michael Saylor, co-founder of Microstrategy and a prominent Bitcoin advocate, recently suggested in a social media post that U.S. pension funds, which collectively manage approximately $27 trillion in assets, will need to incorporate bitcoin into their…
RockTree Capital Unveils Cyberpunk Crypto Future In New Website
PRESS RELEASE. Beijing, China – May 16th, 2024. RockTree Capital, a leading crypto-native fund and merchant bank headquartered in Beijing, announces the launch of its immersive website, showcasing a futuristic film-noir concept: the Cyberpunk Crypto Ci…
Early Bitcoin Proponent Erik Voorhees: Crypto Will Be the Currency of AI
Erik Voorhees, an early bitcoin proponent and entrepreneur, believes that crypto will be the currency of artificial intelligence (AI) agents. At Unchained, Laura Shin’s crypto podcast, Voorhees explained that, as soon as AI agents start interacti…
Vijay Chetty Steps Up as CEO of Eclipse Labs After Founder Neel Somani’s Departure Over Allegations
Vijay Chetty, the newly appointed CEO of Eclipse Labs, has announced his commitment to leading the company’s mission of bridging the gap between Ethereum and Solana with a high-performance and trust-minimized blockchain. Formerly the Chief Growth Offic…
Egyptian Fintech Startup Secures $3.5M in Seed Funding Round
The Egyptian fintech startup Mnzl plans to enhance its lending technology and expand its operations using the $3.5 million raised in a seed funding round. Co-founder Sameh Saleh said the startup seeks to empower families by providing financial leverage…
Vanguard CEO Salim Ramji Sticks to Firm’s Anti-Crypto Stance, No Plans for Bitcoin ETF
Salim Ramji, the new CEO of Vanguard and former head of Blackrock’s global ETF business, has affirmed the company’s position against launching a spot bitcoin exchange-traded fund (ETF), emphasizing the need for consistency with Vanguard’s investm…
Zimbabwe Government-Appointed Committee Aims to Understand Local Cryptocurrency Ecosystem
The Zimbabwean government has formed a multi-stakeholder committee, tasked with consulting stakeholders in the cryptocurrency ecosystem. This committee, known as the National Risk Assessment Coordination Committee (NRACC), aims to determine the nature …