Crypto infrastructure sees major shifts: EDX Markets raised $76M, BitMine increased its ETH holdings to 4.8% of supply, and veteran DeFi platform SummerFi shut down following an exploit.
Leo··2 min read
SummerFi is winding down after an exploit; BitMine has increased its ETH holdings to 4.8% of total supply; institutional exchange EDX Markets raised $76 million in a Series C round.
Leo··2 min read
Institutional crypto infrastructure advanced with EDX Markets closing a $76 million Series C, while BitMine added $73 million in ETH. South Korea reported 40 manipulation probes under its Virtual Asset User Protection Act, signaling tighter global oversight.
Jessy··2 min read
Project Eleven has developed a cryptographic tool for post-quantum Bitcoin wallet recovery, running in 243ms. However, the deliberate exclusion of Satoshi Nakamoto's 1.1 million coins has sparked debate over decentralization and network ethics.
Leo··2 min read
The Reserve Bank of India has reaffirmed its advocacy for a cryptocurrency ban, citing financial stability risks, as tax authorities warn of widespread tax evasion.
Leo··2 min read
Bitcoin has surged past $80,000 for the first time since January. Analysts are monitoring the market throughout May, with investors increasingly using AI tools for forecasting.
Leo··2 min read
The Iranian government has mandated that cargo tankers transiting the Strait of Hormuz must disclose cargo details and pay a transit fee in cryptocurrency, raising legal and geopolitical concerns.
Kenji··2 min read