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May 16, 2024
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Eclipse founder Neel Somani replaced as CEO amid sexual misconduct claims

Neel Somani, the founder of Ethereum layer-2 blockchain Eclipse, has stepped down from his position as CEO following allegations of sexual misconduct.   New Leadership Announcement […]
May 16, 2024
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Blockchain ID project Humanity Protocol hits unicorn status with $30M raise

Decentralized identity solution Humanity Protocol has achieved unicorn status following a recent $30 million fundraising round, elevating its valuation to $1 billion.   Led by Kingsway […]
May 15, 2024
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Vanguard names Bitcoin-friendly former BlackRock exec as new CEO

Vanguard, a prominent asset management giant, has made a significant move by appointing Salim Ramji, a former executive at BlackRock known for his Bitcoin-friendly stance, as […]
May 15, 2024
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Solana-based Cypher developer confesses to gambling away $300K of user funds

Pseudonymous Cypher Protocol developer Hoak has admitted to misappropriating approximately $300,000 worth of user funds and squandering them through gambling activities. The confession was made public […]
May 15, 2024
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Over 1 million new crypto tokens have been launched since April

The month of April witnessed an unprecedented surge in token creation, with Ethereum and Solana emerging as primary platforms for this proliferation.   Since April commenced, […]
May 15, 2024
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OpenAI co-founder and chief scientist departs AI firm

Ilya Sutskever, the co-founder and chief scientist of OpenAI’s for-profit division, is bidding farewell to the artificial intelligence company.   In a post on May 14, […]
May 15, 2024
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Layer-3 network Degen Chain hasn’t produced a block in 53 hours

The Ethereum layer 3 blockchain, Degen Chain, has encountered a significant setback, leading to a prolonged period of unavailability.   Degen Chain ceased to validate transactions […]
May 15, 2024
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El Salvador mines 474 Bitcoin using geothermal volcanic energy

El Salvador has utilized volcanic geothermal energy to mine 474 Bitcoin, valued at $29 million, since 2021. The mining operation, powered by the Tecapa volcano, employed […]
May 15, 2024
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Circle shifts legal home to US ahead of IPO

Circle Internet Financial, the force behind the world’s second-largest stablecoin, USD Coin (USDC), has unveiled plans to relocate its legal headquarters from the Republic of Ireland […]
May 15, 2024
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Bitget Wallet launches $10M ecosystem fund alongside Onchain Layer

Cryptocurrency exchange Bitget is embarking on a journey to establish its own on-chain ecosystem, drawing inspiration from industry giants like Binance, OKX, and KuCoin.   On-Chain […]

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