Why is crypto down today? CPI anticipations may be one factor

In simpler terms, before the release of the U.S. Consumer Price Index report, there was a pessimistic outlook in the cryptocurrency market, but the stock markets ended with gains instead. Based on information from CoinGecko, the overall value of the cryptocurrency market decreased by 2.1% within the last 24 hours and currently stands at approximately … Read more

Bitcoin Layer-2 Platform Mezo Launches With $21M Series A Funding

A venture studio called Thesis, which operates within the Bitcoin community, has unveiled its new project: Mezo, a Layer-2 Bitcoin platform. With Mezo, Bitcoin owners can generate income by staking their assets. The announcement was made after Thesis secured a $21 million Series A funding led by Pantera.  Bitcoin Layer-2 Mezo Launches  During the recent … Read more

ACE Exchange Founder Charged For $10.7 Million Fraud Case

Taiwanese authorities have accused the founder of ACE Exchange, David Pan, and six other people of involvement in a money laundering scheme worth at least $10.7 million. ACE Exchange, a major trading platform in Taiwan, is among the businesses implicated in this fraudulent activity. On Mondays hearing, the prosecution team announced that ACE is under … Read more

EigenLayer’s Mainnet Attracts Coinbase and Google Cloud

The latest launch of EigenLayer’s mainnet has attracted a lot of notice, drawing high-profile backers like Coinbase and Google Cloud as protocol operators. This news underscores the increasing buzz surrounding EigenLayer’s groundbreaking methodology in the realm of blockchain technology. Coinbase Cloud is excited to be an early adopter of the EigenLayer protocol and looks forward … Read more