Ethereum startup Aligned Layer clinches $2.6m in venture capital

Startup Aligned Layer, known for developing a “unifying verification system for Ethereum,” announced on April 14, 2023, that they successfully secured $2.6 million in seed funding. Seven-year-old Lemniscap, an active investor in the cryptocurrency and blockchain sector, took the lead in this latest investment round. Previously, they spearheaded a $2.4-million funding series for Safary, a … Read more

Biden, Trump meme coins are on wildly different trajectories

A meme coin imitating President Joe Biden has surged by approximately 271% within the past month. Conversely, cryptocurrencies associated with former President Donald Trump, who is set to appear in court for criminal proceedings on April 15, are experiencing a significant decrease in value. In the past month, the sales figure for non-fungible tokens (NFTs) … Read more

Crypto Weekly Roundup: SEC Goes After Uniswap, Solana Bug, & More

The SEC in the United States has persisted in imposing restrictions on cryptocurrency companies, most recently issuing an enforcement notice to Uniswap. Furthermore, the agency has delayed making a decision about allowing options trading for crypto on the New York Stock Exchange. Let’s explore this topic further. Bitcoin The SEC has postponed making a choice … Read more

Iran-Israel conflict brings bear market, SEC to sue Uniswap, Bankman-Fried plans appeal | Weekly Recap

On Sunday, April 14, the escalating tensions between Iran and Israel led to a significant drop in cryptocurrency prices. Last week, the Securities and Exchange Commission (SEC) notified Uniswap that they plan to file a lawsuit against the cryptocurrency exchange, as part of heightened regulatory actions. Simultaneously, Sam Bankman-Fried, FTX’s founder, is attempting to overturn … Read more

Novogratz Bullish on Bitcoin’s Recovery After Major Plunge

Mike Novogratz, CEO of Galaxy Digital, remains confident in Bitcoin‘s upward trajectory, disregarding its recent significant drop as just a temporary setback or “risk blip,” despite it being the largest one-day decline for Bitcoin since the fall of Silicon Valley Bank. Wars come with a hefty price tag…. I hope tensions don’t escalate into a … Read more