Category: Blockchain

Venture capital investments into blockchain continue to free-fall: Report

Cointelegraph Research has analyzed all the deals and trends from venture capital in the blockchain industry during the fourth quarter of 2022. The second half of 2022 saw a dramatic decline in capital inflows across all five major sectors of the blockchain industry: decentralized finance (DeFi), centralized finance (CeFi), nonfungible tokens (NFTs), infrastructure and Web3. The first half of 2022 brought in just under $30 billion of investment, while the second half only saw $7.3 billion — a dramatic plunge. As the crypto industry moves into 2023, Cointelegraph Research has…

How Crypto Self-Regulation Can Help the Blockchain Ecosystem Thrive

If a project commits to a set lockup schedule, this can be easily verified on-chain by anyone. The role of the self-regulating institutions, then, is to monitor and interpret this data, as it is often difficult to understand and the details can sometimes be subject to debate. Additionally, the public nature of blockchains prevents gatekeeping and allows members of the ecosystem to verify the work of these institutions, helping to stave off corruption. Source link

Keith Comito on the benefits of blockchain tech and decentralization in longevity research

Lifespan.io President and co-founder Keith Comito was into longevity before longevity was cool. “We started our nonprofit back in 2014,” Comito said. “Back then, few credible researchers would be caught dead saying they were working on aging. It was still kind of a scientific backwater. So, we wanted to emulate what the cancer research advocates did, starting in the ‘40s.” He said those early advocates identified the most credible research at the time and used “old-school” fundraising approaches like telethons to crowdfund for their work. They built a grassroots movement…

Blockchain developer QuickNode raises $60M at $800M valuation

Blockchain development platform QuickNode has closed a $60 million funding round as part of a global expansion intended to onboard more users and developers to Web3 applications.  The Series B raise, which valued QuickNode at $800 million, was led by venture capital firm 10T Fund, with participation from Tiger Global, Seven Seven Six and QED, the company announced on Jan. 24. QuickNode’s management said the capital would fund its global expansion and streamline the transition to Web3 “at scale,” which includes providing developers with the deployability required to onboard new…

NFT-delivered court orders an answer to blockchain-related litigation: Lawyers

Non-fungible tokens (NFTs) are becoming an increasingly popular solution to serving defendants in blockchain-based crimes that would otherwise be unreachable, according to crypto lawyers. The last year has seen an increase in litigation delivered over NFTs in cases where those accused of blockchain crime wereuncontactable through traditional methods of communication. In November 2022, the United States District Court for the Southern District of Florida granted a United States law firm The Crypto Lawyers its request for its client to serve a defendant via NFT. While the defendant’s identity was unknown,…

Argo Blockchain regains stock listing compliance with Nasdaq

The Bitcoin (BTC) mining company Argo Blockchain has regained stock listing compliance with Nasdaq, which coincides with the recent positive movement seen on cryptocurrency markets. Amidst the recent uptick in share price, Argo made the formal announcement on January 23 that the firm had once again achieved compliance with the minimum bid price guideline imposed by Nasdaq. Argo has been advised by the Nasdaq stock market listing requirements department that it has successfully satisfied a criteria to maintain a minimum closing bid price of $1 for ten consecutive trading days…

Insider Trading and Cryptocurrency | Blockchain News

Particularly in light of the recent conviction of an ex-Coinbase manager’s brother for insider trading, the problem of insider trading has emerged as one of the most pressing concerns in the cryptocurrency ecosystem. It was thought that the allegations of insider trading using cryptocurrencies were the first of their kind; however, a new set of wallet addresses with a transaction history that is related to Binance listings has now sparked suspicions. The director of Coinbase, Conor Grogan, turned to Twitter in order to draw attention to the transactional behaviour of…

Bitcoin Remains Near Recent Highs and Theta NFT Sales Increase by 239% as NFT Market Surges – Blockchain News, Opinion, TV and Jobs

By Marcus Sotiriou, Market Analyst at the publicly listed digital asset broker GlobalBlock (TSXV:BLOK).  Bitcoin continued its surge over the weekend, rising to a peak of around $23,400. This has left a CME gap on the Bitcoin CME Futures chart at around $22,400, which many analysts theorise is a magnet for price. There are also CME gaps at around $17,000 and $20,000, which were formed on this recent aggressive move. NFT sales jumped by 16% last week, according to data from cryptoslam.io, with a total of $257 million sales ($206 million sales based on…