Bitfinity Network secures $12M to bring EVM compatibility and expanded DeFi functionality to Bitcoin using ICP’s Chain Fusion. Bitfinity Network, a new Bitcoin layer-2 (L2) solution, has launched with $12 million in funding to create Ethereum Virtual Machine (EVM)-compatible decentralized finance (DeFi) functionality for Bitcoin. The project acquired support from institutional investors like Polychain and...Continue Reading

AI and big data crypto projects rebound sharply, nearing all-time highs as investor confidence surges in the ongoing Bitcoin rally. Artificial intelligence and big data tokens have seen their market capitalization soar by 131.4% since hitting their lowest point of the year on June 8, riding the momentum of Bitcoin’s ongoing bull run. On Nov....Continue Reading

A16z Crypto’s Miles Jennings posted on X that the ruling is a “huge blow” to decentralized governance.  A United States federal judge ruled that participants in decentralized autonomous organizations (DAOs) can be held liable for the actions of other members under state partnership laws. On Nov. 18, Judge Vince Chhabria of the United States District...Continue Reading

Bitcoin bulls are getting rare key breakout signs from classic BTC price chart metrics this month. Bitcoin (BTC) faces a “strong bull rally” if one classic BTC price metric repeats a historical breakout. In one of its Quicktake blog posts on Nov. 18, onchain analytics platform CryptoQuant flagged a rare golden cross for Bitcoin’s Puell...Continue Reading

As blockchain ecosystems expand, multichain self-custody wallets emerge as a potential solution to fragmentation issues, promising improved user experience and broader Web3 adoption. Opinion by: Zhen Yu Yong, CEO of Web3Auth. Ethereum founder Vitalik Buterin didn’t pull punches in a recent X exchange criticizing MicroStrategy executive chairman Michael Saylor’s dismissive attitude toward crypto’s self-custody ethos....Continue Reading

Kraken won’t get the chance to appeal a California District Court judge’s decision that found the SEC had adequately alleged it sold unregistered securities. A California federal judge has knocked back crypto exchange Kraken’s bid to appeal his decision to allow a Securities and Exchange Commission lawsuit to proceed as it “would only delay resolution.”...Continue Reading

Binance clarified its forthcoming BFUSD asset is not a stablecoin after crypto users showed concerns over its promise of high yields. Crypto exchange Binance has attempted to cool some concerns over its new high-yield  “BFUSD” token — clarifying that it is not a stablecoin nor has it launched.  In a Nov. 17 post to X,...Continue Reading

“The floodgates for Bitcoin’s next evolution in financial markets are about to open,” says Bitcoin custody firm Theya Head of Growth Joe Consorti.  The imminent launch of spot Bitcoin exchange-traded fund options in the United States could be a huge deal as extra liquidity could entice a new wave of institutional and retail investors, according...Continue Reading

The Democrat members of Congress want answers from the Treasury on why Tornado Cash is still operating after being sanctioned.   Several United States Democrat House members are demanding answers from Treasury officials on what is being done about the crypto-mixing service Tornado Cash, sanctioned in 2022 but remains operational. “We write to request additional information...Continue Reading

Shares in crypto exchange Bakkt jumped on Nov. 18 after a report that Donald Trump’s company is in advanced stages of a deal to buy the struggling business. Bakkt’s share price jumped over 162% on Monday after the Financial Times reported Donald Trump’s company was in advanced talks to acquire the crypto exchange. Bakkt Holdings...Continue Reading