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SHOCKING: 52 - You Need To See This

Connext Labs raises $7.5 million at $250 million valuation to build the 'HTTP of Web3'

Backers include Polychain Capital, NGC Ventures, and Polygon Ventures.

Fortune

Salesforce Ventures leads $6 million round for Web3 data analytics firm Mnemonic

Mnemonic cofounder Andrii Yasinetsky wants to make Web3 “personalized and transparent.”

Fortune

SEC’s Gensler seen telling hedge funds that Ethereum and Litecoin are ‘not securities’ in 2018 video

A 2018 video has surfaced that shows now-Chairman Gary Gensler saying that 75% of the crypto market is outside of the legal definition of a security.

Fortune

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Solano, Cardano and Polygon plunge nearly 30% as big firms dump holdings after SEC allegations

A massive sell-off on Friday appears tied to the likes of Jump Capital and Cumberland dumping their holdings.

Fortune

Ethereum At A Crossroads: Vitalik Buterin Points To Three Make-Or-Break Transitions

Vitalik Buterin, the co-founder of Ethereum (CRYPTO: ETH), has underscored the importance of three vital transitions for ETH

Zenger

Bitcoin, Ethereum, Dogecoin Flat Amid Inflation Fears: This Could Signal ETH ‘On Its Way’ To $2K

Major cryptocurrencies traded flat on Sunday evening even as investors appeared less concerned as the U.S. avoid debt default.

Zenger

The Advantages of Choosing Arbitrum (ARB) over Other Layer 2 Solutions

As the cryptocurrency market continues to grow, the importance of scalability and transaction speed becomes more apparent. Layer 2 solutions have emerged as a viable option to address these issues, and Arbitrum (ARB) is quickly becoming a popular choice.

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Ethereum's growing pains show the blockchain has a long way to go

A recent technical problem, as well as ongoing high gas prices, show Ethereum is very much a work in progress.

Fortune

How to buy Cardano (ADA)

Cardano and its native cryptocurrency ADA were created by one of Ethereum’s co-founders in 2017.

Evening Standard

Binance to support Bitcoin NFTs by end of May

Bitcoin transactions and network fees have increased substantially in part because of the popularity of Ordinals.

Fortune

U.S. Bitcoin Mining Consumed 50 Billion kWh of Energy in 2022

The White House's recently-published DAME tax proposal report brings to light estimates showing that national Bitcoin mining consumed more power than all of the United State's computers combined.

Tom’s Hardware

Coinbase offshore exchange launches with Bitcoin and Ethereum futures

The launch comes amid a larger regulatory crackdown in the U.S. that has crypto firms looking abroad.

Fortune

Will an NFT sale for climate change make a difference? I think not (but please prove me wrong)

Three fine art photographers have joined together to sell NFTs in hopes of raising awareness and money for climate change

Digital Camera World

Staking infrastructure firm P2P.org raises $23 million shortly after upgrade to Ethereum

As blockchains pivot to proof of stake, the companies that streamline staking are looking to profit.

Fortune

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Barchart

Bitcoin and Ethereum Shine In Q1 2023

Bitcoin and Ethereum fell steadily from November 2021 through November 2022. However, the leading cryptocurrencies found bottoms and increased from the late 2022 lows. In Q1 2023, Bitcoin, Ethereum, and the asset class’s market cap posted significant gains and outperformed stocks, bonds, traditional currencies, commodities, and other asset classes.

Fortune

Ethereum's Shanghai upgrade looms. What you need to know

Investors finally will have access to more than $30 billion worth of the cryptocurrency.

Fortune

Ethereum, Arbitrum, and why L2 solutions are a mess

What are layer-2 solutions actually solving—besides creating quicker exits for VCs?

Fortune

This week in the metaverse: Solana loses y00ts and DeGods collections, Argentina gets Web3 plane tickets, and Grimes launches NFTs

The move by y00ts and DeGods is a loss for the Solana blockchain, but SOL is still up roughly 100% since the start of the year after getting hammered post-FTX collapse.

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Fortune

Future of Finance: EY’s Brody on why tech history shows ‘there can be only one winning blockchain’

From wireless data to 3D printing to IoT, Paul Brody says he's always been "very driven by intellectual curiosity."

Fortune

Will the CFTC's suit against Binance help Coinbase?

The Commodity Futures Trading Commission alleges that Binance “has facilitated potentially illegal activities.”

Fortune

Professor behind EigenLabs gets $50 million funding, promises to upgrade Ethereum network

The firm says that its flagship product, EigenLayer, will make Ethereum more “programmable” and “flexible.”

Fortune

Polygon launches 'holy grail' zkEVM mainnet beta that aims to increase scale and decrease costs of Ethereum transactions

Ethereum founder Vitalik Buterin executed the first transaction on Monday.

Tom’s Hardware

Nvidia CTO: Cryptocurrency Adds Nothing Useful to Society

GPU processing power can be used for much more useful things than mining cryptocurrencies, Nvidia CTO says.

PC Gamer

Nvidia kicks crypto to the curb: 'doesn’t bring anything useful for society. AI does'

That's surely going to ruffle some feathers.

Fortune

Long-awaited Arbitrum token generates $1.8B in 2 hours

The less-than-day-old cryptocurrency is already one the top 50 most valuable tokens by market cap.

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