VC crypto investments surge as market rebounds, hits $2.5b in Q1

After a tough time for cryptocurrency new businesses, there was a notable surge in VC (Venture Capital) funding in the year 2024. Based on Bloomberg’s latest updates, venture capital funds experienced a significant growth of approximately 30% since the end of last year. Between January and March 2024, investments in crypto startups amounted to $2.5 … Read more

Bitcoin Price Surges to $72k Ahead of Halving Event

Bitcoin reaches a new milestone of $72,000 as excitement builds for the upcoming halving event. Previously stuck at around $71,500 for weeks on end, Bitcoin finally broke free from its slump. The overall value of all cryptocurrencies surpasses $2.68 trillion, while trading activity has seen a significant increase of roughly 50% to hit $150 billion. … Read more

TON Society, HumanCode to use palm scanning for identity confirmation

Partnership formed between the TON Society and AI firm HumanCode for introducing a system to confirm identities. Based on the latest update from the TON Society, a total of 1 million TON, equivalent to approximately $5.9 million, has been set aside as an incentive for carrying out verifications. These funds will be dispersed among members … Read more

Binance executive denies Nigerian money laundering charges

On April 8, a Nigerian court in Abuja heard the charges against Binance executive Tigran Gambaryan brought by the country’s authorities. During the hearing, Gambaryan denied the accusations and requested to be released on bail. A top executive from Binance U.S. appeared in a Nigerian Federal High Court and entered a plea of not guilty … Read more