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Alpen Labs Raises $8.5M to Drive Bitcoin ZK Rollup Strata Development

Alpen Labs raises $8.5M to develop Strata, a Bitcoin ZK Rollup platform. Strata offers scalable self-custody, private payments, and interoperability. Alpen Labs Strategic Funding Drives Strata Development Alpen Labs, a bitcoin infrastructure innovator, has raised $8.5 million in strategic financing to accelerate the development of its Bitcoin ZK Rollup platform, Strata. The funding round was…

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Bitcoin Hashrate Drops by 44 EH/s, Miners Face Mounting Profitability Challenge

Bitcoin hashrate drops by 44 EH/s as miners face declining profits. Learn about the challenges in maintaining profitability amid falling hashprice and transaction volumes. Bitcoin Hashrate Declines Significantly The computational power of the Bitcoin network, measured by its hashrate, has decreased substantially in recent days. From its peak of 824 exahash per second (EH/s), the…

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NFT Sales Soars 10.7% to $155M as Base Reaches 219% in Weekly Sales

NFT sales climbed 10.7% to $155M this week, with Base recording 219% growth. Explore top blockchains, collections, and the week’s priciest NFTs. Weekly NFT Sales Surge Despite Fewer Buyers Non-fungible token (NFT) sales climbed 10.7% over the past week, reaching $155.6 million, according to data from cryptoslam.io. Ethereum-based NFTs retained the top spot, contributing $61.64…

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DOJ Indicts 3 Russians for Laundering Cybercrime Proceeds via Cryptocurrency Mixers

The DOJ has indicted three Russian nationals for operating cryptocurrency mixers linked to laundering ransomware and cybercrime proceeds. Learn about the charges and implications. U.S. DOJ Indicts Russians for Laundering Funds Through Crypto Mixers The U.S. Department of Justice (DOJ) has indicted three Russian nationals for their roles in operating cryptocurrency mixers Blender.io and Sinbad.io,…

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Cardano and FC Barcelona Partner to Encourage Fan Engagement With Blockchain

Cardano and FC Barcelona partner under the Barça Vision program to revolutionize fan engagement using blockchain technology. Discover the collaboration’s focus on education, rewards, and community involvement. Cardano and FC Barcelona Partners for Barça Vision Program On January 9, 2025, the Cardano Foundation and FC Barcelona announced a strategic partnership under the club's Barça Vision…

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US Senator Pledges to Reverse SEC’s Crypto Policies Under Gary Gensler in 2025

A US senator promises to reverse SEC Chair Gary Gensler's crypto policies, supporting a nominee advocating for innovation-friendly regulations. US Senator Pushes for Change in SEC Crypto Oversight U.S. Senator Tim Scott (R-S.C.) has vowed to address the effects of SEC Chair Gary Gensler's policies on cryptocurrency regulation. On January 7, Scott announced his support…

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Thai Authorities Seize 1,000 Bitcoin Mining Rigs in $3.2M Electricity Theft

Thai authorities seized nearly 1,000 Bitcoin mining rigs in Chon Buri province for electricity theft worth $3.2 million, uncovering tampered power meters. Law Enforcement Takes Action in Chon Buri Province Law enforcement in Thailand has seized nearly 1,000 Bitcoin mining rigs from a company accused of electricity theft, marking one of the largest crackdowns in…

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Bitcoin Mining Stocks Attract Major Institutional Investments: CORZ, WULF, IREN, and HUT Lead the Pack

Institutional investments in Bitcoin mining stocks soar in 2024, with CORZ, WULF, IREN, and HUT showing significant growth. Explore emerging trends and investor preferences. Investor Sentiment on Bitcoin Mining Stocks in 2024: A Shift in Institutional Strategy Institutional investors are increasingly betting big on Bitcoin mining stocks, with Core Scientific (CORZ), TeraWulf (WULF), Iris Energy…

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FV Bank Integrates PayPal’s PYUSD Stablecoin for Instant Cross-Border Transactions

FV Bank now supports PayPal USD (PYUSD) stablecoin for real-time deposits and payments, simplifying global transactions with blockchain-powered solutions. FV Bank Adds PayPal USD for Real-Time Banking FV Bank, a regulated U.S.-licensed digital bank, has integrated PayPal USD (PYUSD) into its banking platform, expanding its stablecoin offerings. This integration allows users to deposit PYUSD directly…

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Solana Faces Market Setback as New Layer-2 Project Solaxy Raises $9.3M in ICO

Solana's price drops 5% as the broader crypto market faces challenges, but Solaxy’s $9.3M ICO raises investor interest with its innovative Layer-2 solutions. Solana Faces Continued Price Decline Solana's (SOL) price has dropped 5% in the past 24 hours, falling to $190. This marks a 15% decline since Monday, erasing recent gains and signaling further…

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