Portal, the provider of a decentralized Bitcoin ecosystem, announced on Jan. 30 that it has raised $34 million via a seed funding round. Portal said the raised capital is set to fund the development of a decentralized exchange platform and a wallet. Layer 2 Atomic Swap Technology Portal, a fintech provider advancing financial self-sovereignty, announced […]

The U.S. Energy Information Administration (EIA)  will collect data on the energy use of cryptocurrency miners operating in the United States. In a press release, the agency announced that it would begin a “provisional survey of electricity consumption information from identified cryptocurrency mining companies operating in the United States.” Crypto mining is how assets that […]

Core Scientific, which filed its Chapter 11 bankruptcy plan in June 2023, emerged from bankruptcy on Jan. 27 and relisted its stock on the Nasdaq. Core Scientific became North America’s largest publicly listed crypto mining company in 2023 after mining 19,274 Bitcoin worth $812 million. In an X post on Jan. 31, the Bitcoin (BTC) […]

The proposal by Chairwoman Jessica Rosenworcel aims to prohibit robocall scams under the Telephone Consumer Protection Act (TCPA), a 1991 law regulating automated political and marketing calls made without the receivers’ consent. The Federal Communications Commission (FCC) Chairwoman Jessica Rosenworcel has made a proposal considering calls featuring AI-generated voices as illegal, subject to the regulations […]

The Celo Foundation has partnered with Circle to bring USDC, a leading stablecoin, into its network. This integration not only diversifies Celo’s stablecoin offerings but also positions USDC to become an official gas currency on the blockchain. Celo Embraces USDC for Enhanced Digital Currency Functionality and Gas Payments The Celo Foundation has announced that Circle […]

Quick Take Day 14 for the new Bitcoin ETFs marked another day of net inflows, with a considerable $197 million entering the market on Jan. 31, according to Whale Panda.  This marks the fourth successive trading day of net inflows, underlining a trend in the market’s dynamic. Among the prominent contributors, BlackRock’s IBIT showed a […]

This February, several crypto projects, including prominent ones like Avalanche, Aptos, Sui, and others, are poised to release over $1 billion in digital assets, according to data compiled by CryptoSlate from Token Unlocks. Token unlocks refer to the gradual release of specific quantities of previously restricted cryptocurrencies to prevent substantial sell-offs by early investors or […]

The post Nik Bougalis’ Take on the Chris Larsen XRP Security Incident appeared first on Coinpedia Fintech News The recent breach of Ripple Executive Chris Larsen’s personal XRP account has sparked discussions on Ripple and XPR’s security. Notably, Nik Bougalis, former director of engineering at Ripple, provides insightful perspectives on the incident and has posted […]

The post Jupiter Token (JUP) Witnesses Volatility with 60% Price Correction Post Airdrop Surge appeared first on Coinpedia Fintech News Jupiter’s price shot up to more than $1 billion after the Airdrop, but it quickly went down, showing some short-term ups and downs. After reaching a high of $1.27 right after the airdrop, Jupiter’s price […]

The post Top 10 Hot Altcoin Picks to Buy in February! appeared first on Coinpedia Fintech News With a history of bullish performance in February, crypto investors are starting to enter the altcoins segments to maximize their profits. As altcoins are more volatile, the upside potential is more lucrative for traders.  Amidst the highly volatile […]