Telegram founder Pavel Durov has repeatedly pointed out the role of the TON blockchain in Telegram’s potential Web3 journey.

TON raises 8-figure sum from MEXC to make Telegram a Web3 super-app

The Open Network (TON) — a decentralized blockchain platform initially designed by Telegram — has secured major funding from the venture arm of the cryptocurrency exchange MEXC. ...

11 months ago

Google's Gradient Ventures Leads $3.5 Million Investment in Humata AI

Humata AI Raises $3.5 Million Led by Google’s Gradient Ventures

Aiming to be the next big name in artificial intelligence-powered productivity, Austin-based startup Humata AI said on Monday that it had raised $3.5 million in funding led by Google&r...

11 months ago

Former crypto billionaire Sam Bankman-Fried is staring down decades in prison, as his trial over what has been called one of the biggest financial frauds in US history gets under way.

Sam Bankman-Fried: Trial of 'Crypto King' begins

Opening arguments in the case are expected later in New York, after jury selection on Tuesday. The 31-year-old, who once ran one of the world's biggest cryptocurrency exchanges, is...

11 months ago

An investigation into Silvergate Bank found that its collapse was brought about by a dependency on crypto deposits and “ineffective” senior management.

Fed inspector blames crypto focus, nepotism for Silvergate Bank collapse

Crypto-friendly Silvergate Bank ultimately collapsed this year due to over-dependence on risky crypto deposits and nepotism that led to ineffective management, according to United States Federal...

11 months ago

During an October 2 hearing regarding the approval of its reorganization plan, the bankrupt crypto lender, Celsius Network, informed a judge of its intention to initiate repayments to its customers by the end of the year.

Celsius Network Seeks Final Court Approval to Begin Customer Repayments by Year-End

As per a report by Bloomberg, Celsius' recovery strategy involves transitioning into a user-owned Bitcoin mining operation named "NewCo." The company expressed its aim to retu...

11 months ago

FTX Hacker Holding $300,000,000 in Crypto Suddenly Moves Millions Worth of Assets: On-Chain Data

A bad actor who hacked the infamous crypto exchange FTX as it was collapsing is abruptly moving millions of dollars worth of crypto assets. According to data from blockchain intelligen...

11 months ago

XRP appears to be off to solid start in October

1 Billion XRP Unlocked From Escrow; Millions of Tokens Shifted by Ripple

According to crypto data tracker Whale Alert, Ripple has unlocked another 1 billion XRP from its escrow accounts. The release of the 1 billion tokens was done in three transactions. Th...

11 months ago

Brazil is set to issue digital identification documents for its more than 214 million citizens using blockchain technology.

Brazil to Issue Digital IDs for Its 214 Million Citizens Using Blockchain Technology

The states of Rio de Janeiro, Goiás, and Paraná will be the first to adopt this new system, utilizing a priva...

11 months ago

Ethereum fighting for its place on market, successfully breaking through local resistance

Ethereum (ETH) Rebounds Massively: Crypto Waking Up?

Ethereum, the second largest cryptocurrency by market capitalization, is showing signs of life after a period of stagnation. The asset has recently seen a significant rebound, raising eyebrows a...

11 months ago

Conversations with key speakers at the Blockchain Expo Europe in Amsterdam suggest that cryptocurrency exchanges and companies see the continent as a key region for growth.

Europe drives institutional crypto adoption: Blockchain Expo Amsterdam

Europe remains fertile ground for the cryptocurrency ecosystem to flourish compared with harsher regulatory environments, according to prominent speakers at Blockchain Expo Europe 2023 in Amster...

11 months ago