Industry news for Web3 professionals and blockchain careers
Solana-based DeFi aggregator Step Finance has announced it will shut down operations following a $27 million security exploit in January, marking a significant setback for the platform and its ecosyst...
Bitcoin closed last week at $67,638 before dropping below the critical $65,650 support level, currently trading around $64,600. The sustained downward pressure signals a challenging period ahead for c...
Backpack, the crypto exchange and wallet platform, has announced plans to distribute 20% of its company equity to token stakers as it prepares for a potential initial public offering. The move represe...
An AI founder has sparked debate in the tech community by suggesting that artificial general intelligence (AGI) may already exist, arriving at a critical moment when developers face mounting challenge...
Spot Bitcoin exchange-traded funds have experienced four consecutive months of net outflows, with total holdings declining by 85,000 BTC since October 2024. This sustained trend raises questions about...
Crypto.com has received conditional approval from the Office of the Comptroller of the Currency (OCC) to pursue a federal bank charter, marking a significant step toward becoming a fully regulated fin...
Digital asset investment products experienced their fifth consecutive week of outflows, shedding $288 million last week and bringing the total five-week decline to $4 billion. The withdrawal pattern r...
BitMine Immersion Technologies, a publicly traded firm with significant Ethereum treasury holdings, has increased its ETH position during a recent price downturn. The company, co-founded by market ana...
Australian law enforcement has charged a 42-year-old individual in connection with an alleged cryptocurrency investment scam that defrauded 190 elderly victims of approximately $3.5 million. The case ...
Based, a web3 "SuperApp" built on the Hyperliquid blockchain, has closed an $11.5 million Series A funding round led by Pantera Capital. The equity investment with token warrants signals continued inv...
PayPal Holdings is reportedly receiving acquisition inquiries from potential buyers following a significant decline in its market value, according to Bloomberg. The payments giant has seen its share p...
Crypto.com has received conditional approval from the Office of the Comptroller of the Currency to establish a national trust bank in the United States, marking a significant step toward federal regul...
Bitwise Chief Investment Officer Matt Hougan has characterized the current market conditions as a "classic crypto winter," while noting that underlying industry fundamentals continue to advance despit...
Bitmine has expanded its Ethereum holdings to 4.42 million ETH, representing 3.66% of the total circulating supply. The company's aggressive accumulation strategy has also generated $171 million in st...
Strategy CEO Michael Saylor addressed concerns about quantum computing threats to Bitcoin during an appearance on Natalie Brunell's Coin Stories podcast, estimating any credible risk remains more than...
Market analysts are tracking several indicators that could push Bitcoin back toward $75,000, a development that would significantly influence hiring sentiment across the crypto industry. Despite ongoi...
Backpack, the crypto exchange platform, has announced plans to offer company equity to holders of its upcoming native token, marking a significant development in how crypto exchanges structure ownersh...
A developer has released an open-source AI model trained on leaked emails allegedly from convicted sex offender Jeffrey Epstein, sparking discussions about AI ethics and content moderation within the ...
NEAR Protocol has launched its Near.com super app, introducing artificial intelligence capabilities and confidential transaction features to the blockchain ecosystem. The release represents a signific...
Anthony Pompliano's Bitcoin treasury company ProCap has announced a share buyback program as the firm's stock continues to trade significantly below its net asset value. The move comes as the company,...
