Uncategorized – Page 1017

‘Bitcoin smells trouble’ as banks are stressed and ‘yields are puking’ – Strike CEO

Regional banks faced renewed stress despite 2023 crisis reforms, with Zions and Western Alliance stocks plunging as Bitcoin fell to a four-month low. Read More at https://cointelegraph.com/news/bitcoin-smells-trouble-as-banks-are-stressed-and-yields-are-puking-strike-ceo?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

‘Bitcoin smells trouble’ as banks are stressed and ‘yields are puking’ — Strike CEO

Tempo, Stripe’s new blockchain, hits $5B valuation in $500M funding round

Led by Thrive Capital and Greenoaks, the raise comes less than two months after Stripe unveiled its layer-1 blockchain for stablecoin and real-world payments. Read More at https://cointelegraph.com/news/tempo-stripe-blockchain-5b-valuation-funding-round?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Huobi founder raises $1B as part of Ether trust strategy: Report

The founder of the Chinese cryptocurrency exchange plans to announce the trust within a few weeks, with the backing of Ether supporters. Read More at https://cointelegraph.com/news/huobi-founder-raising-funds-ether-strategy?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Ethereum Foundation veteran Dankrad Feist joins Stripe’s Tempo team

Feist, who is one of the Ethereum Foundation’s key researchers, said that Tempo and Ethereum share similar values and “complement” each other. Read More at https://cointelegraph.com/news/ethereum-foundation-veteran-dankrad-feist-join-tempo?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Public companies hold $110B BTC, but which are profiting from the Bitcoin standard?

Public companies now hold over 1 million Bitcoin worth $110 billion on their balance sheets, but only early adopters with disciplined strategies have seen major gains. Read More at https://cointelegraph.com/news/public-companies-hold-dollar110b-btc-but-which-are-profiting-from-the-bitcoin-standard?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

BitMEX co-founder’s family office seeking $250M for private equity fund: Report

The fund, to be run by Arthur Hayes and two associates, reportedly plans to use $40 million to $75 million for each acquisition of up to six crypto companies. Read More at https://cointelegraph.com/news/bitmex-raising-private-equity-fund-crypto-investments?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

ETH bulls unmoved by surprise sell-off below $3.7K: Here’s why

Ether’s price rebound potential hinges on improving US credit and labor data, as traders show caution after recent liquidations and volatility in derivatives markets. Read More at https://cointelegraph.com/news/eth-bulls-unmoved-by-surprise-sell-off-below-3-7k-here-s-why?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Ondo Finance to SEC: Hold off on Nasdaq’s tokenized securities plan

In a letter to the US regulator, Ondo argued that Nasdaq’s plan relies on undisclosed settlement details that could favor big players. Read More at https://cointelegraph.com/news/ondo-finance-sec-hold-off-nasdaq-tokenized-securities-plan?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

What is EtherHiding? Google flags malware with crypto-stealing code in smart contracts

“EtherHiding” deploys in two phases by compromising a website, which then communicates with malicious code embedded in a smart contract. Read More at https://cointelegraph.com/news/north-korea-hackers-etherhiding-exploit-google?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound