EU Confirms Blockchain for Sustainable Solutions Partnership
The European Union has reaffirmed its commitment to collaborating with ChromaWay to create blockchain-based sustainability solutions. This decision was made on July 12 in response to ChromaWay’s presentation at the EU Pre-Commercial Procurement (PCP) final review meeting, which demonstrated progress in decentralized applications for Digital Product Passports (DPP) and intellectual property (IP) rights. Relational blockchain […]
Genesis-linked Address Transfers $720M BTC to Coinbase
In the past month, a crypto wallet associated with Genesis Trading has transferred nearly $720M in BTC to the Coinbase exchange, suggesting the potential initiation of asset liquidations. During the past 30 days, the Genesis Trading-labeled wallet has transferred over 12,600 Bitcoin BTC, equivalent to approximately $719.9 million. The majority of these transactions were between […]
Hiro Systems Welcomes SEC Closure of Stacks Investigation
SEC concludes the investigation into Stacks and Hiro Systems with no enforcement actions, and it is praised by Hiro Systems for regulatory clarity and commitment to compliance in decentralized technologies. The investigation into Stacks, a Bitcoin scaling network, and its original developer, Hiro Systems, has been concluded by the U.S. Securities and Exchange Commission (SEC). […]
Tornado Cash developer Alexey Pertsev Denied Bail
A Dutch Court of Appeal denied bail for Tornado Cash developer Alexey Pertsev, upholding his detention despite his lawyers’ arguments for access to a computer and the internet to prepare his defense. Despite Pertsev’s assertion that he is not an escape risk, the Dutch Court of Appeal in’s-Hertogenbosch denied his bail request and maintained the […]
Pixelverse Secures $2M from Web3 VCs
Pixelverse, a Web3 brand and game ecosystem, has secured an additional $2 million in private financing, bringing its total to $7.5 million, according to the most recent updates shared with Finbold on July 12. The funding was provided by Galaxy Interactive, Crit Ventures, and Arc Community, with angel investors such as The Block founder Mike […]