Galaxy Digital Buys $82 Million in Bitcoin
Galaxy Digital has recently increased its Bitcoin holdings, indicating a strong confidence in the future trajectory of Bitcoin values. Through the purchase of 380 Bitcoins today and a further 600 Bitcoins on August 20th, Galaxy Digital has once again boosted the amount of Bitcoins it possesses. Additionally, Arkham Intelligence reports that Galaxy Digital’s wallet address […]
Aptos Foundation Partners with Myco to Strengthen Ecosystem
Aptos Foundation has partnered with Myco, a Web3 streaming platform, to strengthen its ecosystem and foster the development and expansion of the Aptos blockchain. The partnership entails the integration of Myco’s platform with the Aptos blockchain to decentralise streaming, as indicated in a press release made available to Cointelegraph. “The partnership will prioritise technical integration, […]
a16z Leads Major Funding, Boosting PIP Labs Valuation to Over $2 Billion
a16z has led a $80 million funding round for PIP Labs, the developer of Story Protocol, bringing the company’s valuation above $2 billion. Venture capital firm a16z has supported PIP Labs in a new $80 million funding round that attracted participation from major companies. This round has boosted the firm’s valuation to over $2 billion, […]
Vitalik Buterin Propose ‘Plurality’ For Crypto Governance Issues
Vitalik Buterin, co-founder of Ethereum, aims to improve the concept of decentralisation by changing the way blockchain systems interact. Ethereum (ETH) co-founder Vitalik Buterin has introduced the “Plurality” philosophy to address the tension between the crypto ecosystem and traditional governance systems. While he acknowledges that this pluralistic approach can enhance existing systems, he does not […]
Terraform Labs’ bankruptcy Reorganization Hearing Set for September
On September 19, insolvent crypto firm Terraform Labs will undergo its Chapter 11 bankruptcy reorganisation hearing. The court’s decision will determine the company’s fate. Determining the company’s future will be contingent upon the hearing results. Terraform has been the subject of legal disputes and financial instability since the Terra ecosystem’s abrupt collapse in 2022. The […]