National Bank of Bahrain Launches First Bitcoin Fund
The National Bank of Bahrain has introduced an investment fund that would expose qualified investors to Bitcoin. The first Bitcoin-linked Structured investment in the Gulf Cooperation Council (GCC) has been introduced by the National Bank of Bahrain (NBB) in collaboration with APR Digital. Accredited investors will get access to the flagship cryptocurrency through this fund. […]
Revolut Prevents $14M in Fraudulent Crypto Transfers
Revolut claims to have stopped possible cryptocurrency fraud worth close to $13.5 million in the last three months. According to a press release, the fintech firm Revolut stopped $13.5 million in possibly fraudulent cryptocurrency transfers. Neobank, a financial company based in London, introduced “Revolut X,” a cryptocurrency exchange, early this year. Since then, it has […]
AVAX, TRX Face Pressure as RollBlock Reaches New Highs
In recent weeks, Layer 1 currencies, including Tron (TRX) and Avalanche (AVAX), have encountered difficulties in this overcrowded sector of the crypto market due to their lackluster price action. In distinct contrast, the Rollblock ($RBLK) presale, which is highly regarded, is still the most closely guarded secret in web3 and is expected to make remarkable […]
Figment Capital Leads $3M Seed for Semantic Layer
Semantic Layer raised $3 million in seed funding, led by Figment Capital, to enhance dApp transaction execution with its Verifiable Aggregation and Sequencing Rules tools. Semantic Layer, a developer of decentralized application (dApp) infrastructure, has secured $3 million in initial financing, which accounts for the entirety of the company’s funding to date. Hack VC, Robot […]
User Spends $700K on Ethereum Transaction Fee
A user recently paid a staggering 288 ETH, around $700,000, in transaction fees on the Ethereum blockchain, sparking curiosity. Typically, Ethereum gas fees are much smaller, making this unusually high fee noteworthy. A user recently paid a substantial fee of 288 Ethereum ($ETH), which is equivalent to approximately $700,000, for a single transaction in an […]