Day

November 9, 2023
3 key data points highlight the 60-day strength shown by altcoins. A wave of green has washed across the entire crypto market, and it won’t be long before traders on X (the social platform formerly known as Twitter) begin to explain that a new altcoins season has arrived.  Altcoin season, or ‘altseason’ as the crypto...
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The crypto-oriented venture capital firm announced a fund that will invest in Seed and Series A rounds for promising blockchain projects. Venture capital firm Lightspeed Faction has created a $285 million fund for crypto startups, according to a Nov. 9 announcement. The fund will focus on “early stage blockchain projects” and will also provide capital...
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The decision ends the complex case with a creditor-approved plan that will see their partial reimbursement and make them shareholders in a new company. The Celsius bankruptcy plan has been approved. The path is now clear for customers to see some of their funds returned and receive shares in the reorganized company, which will be...
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Photonic’s founder and Chief Quantum Officer says the company can bring a quantum computer to market within the next five years. Canadian quantum computing firm Photonic has emerged from stealth to raise $100 million for its all-silicon quantum computing platform. Among the investors is new partner Microsoft, who will co-develop quantum networking solutions with the...
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Web3 social media dApp Pop Social becomes the newest member of the Cointelegraph Accelerator program. The growth of social media has made it possible for everyone to become a content creator. And while the creator economy grew, incentives to become part of it continued to diminish. Since the $100 billion market is dominated by a...
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Erick de Moura argues that on blockchain networks with high fees, some types of decentralized applications don’t survive because users are only willing to part with cash for a few specific kinds. As the race between Ethereum layer-2 networks heats up, users are left with questions about each network’s unique nature, use cases and plan...
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Cathay Securities is permitted to issue $930,000 worth of tokenized green bonds every six months. Taiwan’s financial watchdog, the Financial Supervisory Commission (FSC), has awarded the country’s first security token offering (STO) license to Cathay Securities. According to local news reports on Nov. 9, Cathay received regulatory approval for its “Sunshine Green Yield” STO bonds...
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According to the researchers, people’s penchant to misinterpret patterns could be a boon for charitable organizations that accept cryptocurrency. A team of academic researchers from the U.S. recently published a study exploring how the “gambler’s fallacy” affected cryptocurrency donations. Their findings indicate that organizations accepting crypto donations could benefit from timing the market.  Essentially, the...
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The new corporate entity could signal an upcoming SEC filing. BlackRock has apparently registered an Ethereum trust in the state of Delaware, which is possibly a first step toward an Ether (ETH) spot exchange-traded fund (ETF).  BlackRock registered an analogical Bitcoin (BTC) trust in June, shortly before filing with the United States Securities and Exchange...
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A developer who’s seeking to make the jump from Web2 to Web3 has to learn both new tech and new truths. Professionals navigating the tech industry have seen more than their share of ups and downs recently. The employment environment has swung from talent shortages, with companies of all sizes scrambling to land and keep...
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