Robinhood debuts new non-custodial crypto wallet with Polygon to 10K beta users
Robinhood is finally rolling out a beta version of its non-custodial crypto wallet to 10,000 customers on its waitlist after announcing the product in May, its CTO and general manager of crypto, Johann Kerbrat, told technewss. The product is called Robinhood Wallet and will be the company’s
Tactic’s $11M raise shows even when cryptocurrencies are down, companies still need to count ’em up
No matter what mayhem is going on in the markets, every company needs to stay on top of its accounting practices — especially in crypto, where the decentralized nature of transactions and the relative newness of blockchain tech pose all sorts of complications for traditionally trained finance
Crypto platform Nexo sued by New York, California and six other US regulators
Crypto platform Nexo is being sued by eight U.S. state securities regulators representing New York, California, Kentucky, Maryland, Oklahoma, South Carolina, Washington and Vermont.
According to a press release from New York Attorney General Letitia James, Nexo and Nexo Capital failed to register w
SerMorpheus wants to make NFTs an everyday sight in Indonesia
More than half of the population in Southeast Asia is under 30, making it a coveted market for novel technologies. Unsurprisingly, several countries in the region, like Singapore and Vietnam, have some of the world’s highest crypto adoption rates.
While Indonesia isn’t the most crypto a
Binance CEO sees positive progress for crypto regulation, but it will be a 'long process'
Binance CEO Changpeng Zhao, known as “CZ” in the crypto world, said governments across the globe are making slow but “positive” progress toward regulating cryptocurrency.
“On the regulatory side, I think we're seeing a lot of progress in the positive direction for regu
Ethereum drops more than 17% after ‘way overhyped’ Merge
Four days ago, just a few minutes before 3 a.m. EDT, a long-anticipated upgrade to Ethereum was executed. Since then, the second most valuable blockchain's cryptocurrency, ETH, has tumbled — and some are saying its price hasn't bottomed out yet.
When the upgrade, generally referred to
NEAR protocol spin-off Open Web Collective launches venture arm to invest in early-stage web3
Open Web Collective, a blockchain and web3 accelerator, has launched a new division called OWC Ventures to invest in early-stage crypto startups, the team exclusively told technewss.
The division is backed by Barry Silbert's Digital Currency Group and the blockchain protocol N
South Korean prosecutors say Do Kwon ‘obviously on the run,’ ask Interpol to issue red notice
South Korean prosecutors have refuted Do Kwon’s claim from over the weekend that he is not on the run and asked Interpol to issue a red notice against the Terraform Labs’ co-founder, escalating the public drama playing following the $40 billion wipeout on his cryptocurrency startup in
Now that the Ethereum Merge is behind us, what’s next?
Ethereum has successfully completed its highly anticipated shift from proof-of-work (PoW) into proof-of-stake (PoS) in a process known as the Merge.
The plan was years in the making and has undergone a seemingly endless series of tests and tinkering. It finally happened after being one of the most
Institutions investing in crypto haven't 'wavered one inch,' LMAX CEO says
Institutions are unbothered by crypto assets continuing to trade far below all-time highs, LMAX Group CEO David Mercer told technewss.
Even though the total crypto market capitalization has fallen from over $2 trillion at the beginning of the year to about $1 trillion today, institutional investor
Miners flee to Ethereum Classic as ‘The Merge’ arrives
The Merge, the long-awaited software upgrade that promises to make Ethereum transactions a lot greener, is expected to put miners out of jobs. But miners are not quitting outright. With big bucks invested in computing hardware, many of them are seeking refuge in an alternative branch of Ethereum.
E
Ethereum switches to proof-of-stake consensus after completing The Merge
Popular cryptocurrency blockchain Ethereum has completed its long-awaited switch to proof-of-stake. That upgrade process, better known as “The Merge”, has been years in the making. According to the Ethereum Foundation, today's transition reduces Ethereum’s energy consumption b
Lido, Coinbase, Kraken and Binance stake majority of ETH. Does that matter?
The Ethereum network is nearing its final hours before the Merge, which will move one of the most important global blockchains from a proof-of-work (PoW) system of achieving consensus to proof-of-stake (PoS).
The upgrade to the blockchain has raised concerns in the crypto community that Ethereum co
Arpeggi Labs banks a16z funding to build web3 music software
The quest to define what exactly a web3 use case looks like hasn’t always been easy but has allowed plenty of founders to get creative in building out products designed to tap the ethos of decentralization and the business opportunities of the creator economy.
Arpeggi Labs, a new crypto start