Tag: News

Eigen Labs cut its workforce by 25%, losing 29 roles, as CEO Sreeram Kannan said he restructured the company to focus on developing EigenCloud, what he called a “verifiable” alternative to existing, opaque cloud services. The Seattle-based startup said the dismissals were not a cash-crunch response. The comany is...

Anthony Pompliano’s ProCap, recently shared an update on its progress and valuation metrics. ProCap has entered into a $1 billion business combination agreement with Columbus Circle Capital Corp 1 (CCCM). As part of the deal, ProCap has raised over $750 million and already deployed more than $500 million to...

Without actual decentralization, the industry will find itself increasingly isolated even from the very communities it claims to empower....

After years stuck in reverse, the Polkadot crypto price just slammed the gearshift. DOT ▲4.26% has broken free from a two-year falling wedge, a textbook reversal pattern for traders who still believe in the long-term potential of this coin. 99Bitcoins analysts observed DOT reclaiming key resistance zones at $3.40...

Institutional money is pouring back into  U.S. spot Bitcoin ETFs at record rates. Bitcoin exchange-traded funds kicked off the week with a combined $217 million in net inflows, while Ether ETFs added another $62.11 million, continuing a strong start to July. BTC ▲0.19% volatility may be on summer break,...

Pakistan has launched the Pakistan Virtual Assets Regulatory Authority (PVARA) to oversee its crypto sector. The move was announced on the 8th of July and signals Pakistan’s intention to join and become one of the key digital finance hubs in South Asia. PVARA will license and monitor Virtual Asset...

Robinhood is trending, and share prices spiked 26%. The broker has acquired crypto exchange Bitstamp and is tokenizing U.S. stocks and making them available to European traders. On a day when the crypto market was see-sawing and even red at some point, the stock market was pumping, with Robinhood...

A weakening U.S. dollar is opening the door for a possible new surge in Bitcoin, stirring questions about whether one of finance’s most familiar patterns is about to play out again. That’s the view in a July 9 analysis shared…...

More corporate heavyweights are turning to Ethereum as a treasury reserve asset, and Nasdaq-listed GameSquare is the latest to join in. According to a July 8 press release, the entertainment and technology company has launched an Ethereum (ETH) treasury strategy.…...

Swedish health tech firm H100 Group has raised over $54 million via share and convertible debenture issues to accelerate its Bitcoin accumulation strategy. H100 Group AB, a Swedish health technology company focusing on longevity and AI-driven health services, has successfully…...