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” Silvergate Bank revenue soar in Q1 as institutional crypto trading activity falls “ On Tuesday, Silvergate Bank, a crypto-fiat gateway network designed for financial institutions, announced its results for the first quarter of 2022. During this period, its revenue and net income grew by 93% and 94% year-over-year, respectively, to $59.9 million and $24.7…
” Four years on, Telegram’s blockchain project gains ground in Africa “ It was 2018 when privacy-focused messaging platform Telegram announced that it was in the process of building a blockchain-based decentralized computer network technology called The Open Network (TON). However, following a lengthy litigation battle that lasted until May 2020 with the United States…
” Blockchain and oracles can help clean energy transition, study claims “ New dynamics in the energy sector are compelling providers to shift to sustainable and clean energy to combat climate change. While many challenges accompany the clean energy transition, a report claims that blockchain has the potential to help the industry achieve its climate…
” Crypto exchange CoinDCX raises $135M funding to support Indian Web3 “ Crypto exchange CoinDCX became India’s first crypto business to complete a Series D funding round, raising $135 million in support of various Web3 and crypto initiatives in the country. The latest funding round resulted in CoinDCX doubling its valuation to $2.15 billion, which…
” Crypto startup Blockchain dot com planning 2022 IPO “ Crypto exchange and block explorer Blockchain.com has begun talking with American banks to explore how it may hold an initial public offering (IPO) as soon as this year. Bloomberg reported on April 19 that sources familiar with the situation said that the talks were merely…
” Animoca Brands buys major stake in Aussie digital services agency “ NFT investment giant Animoca Brands has acquired a major stake in Australian digital marketing agency Be Media. Be Media has locations in Perth, Melbourne, and Sydney and has provided Web2 firms with advertising and digital strategy since 2013. While the company isn’t geared…
” FBI and CSIA issue alert over North Korean cyberattacks on crypto targets “ The Cybersecurity and Infrastructure Security Agency (CISA) and FBI have issued an alert on North Korean state-sponsored cyber threats that target blockchain companies in response to the Ronin Bridge hack last month. The alert was issued on April 18 in conjunction…
” Atari claims its namesake token is now ‘unlicensed’ as it terminates blockchain joint venture “ In a statement published by former video-game giant Atari on Monday, the firm says it has, effective immediately, terminated all license agreements with its joint venture partner ICICB Group and its subsidiaries. Previously, the two had jointly created the Atari…
” Monero community reaches consensus for July hard fork “ As told by Monero (XMR) developers over the weekend, on July 16, the Monero network passed a community consensus to initiate a mainnet hard fork at block height 2,668,888. The popular privacy coin’s hard fork will include increasing the chain’s ring size from 11 to…
” What is driving institutions to invest in crypto? BlockFi’s David Olsson explains “ In an interview with Cointelegraph reporter Joe Hall on April 12, David Olsson, global head of institutional distribution at BlockFi, shared his insight on the state of institutional adoption of cryptocurrencies. BlockFi is a financial services company that offers retail wealth…