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Following DOJ action against Samourai Wallet and a possible Metamask investigation, Wasabi Wallet and Phoenix are closing their U.S. offerings. Is non-custodial crypto under threat?

A Belgian polymath and his team are building a “spiderchain” network that harnesses both bitcoin’s sound money properties and Ethereum’s technological capabilities.

[PRESS RELEASE – Phoenix, United States, January 29th, 2024] Devour, the transformative next-gen web3 food ordering and engagement platform, today announced the addition of Paul Barron as a strategic advisor. Barron brings a wealth of experience and expertise across technology, media, and web3, making him a valuable asset to Devour’s leadership team. Barron is the […]

Bitcoin educator Anita Posch tested the Blixt, Green, Mutiny, Phoenix and Zeus Lightning wallets while traveling in Zimbabwe.

"All it was doing was generating noise," the Bitcoin Core maintainer Ava Chow says of Luke Dashjr's pull request, which would have severely curtailed the use of Ordinals.

The UAE-based company said its initial public offering (IPO) in November was 33-times oversubscribed.

Bitcoin miners Northern Data and Phoenix Group raised more than half of the total amount accumulated by the crypto venture capital market.

Ivan Turogin and Sergei Potapenko are suspected in a $575 million fraud case, but they can’t be exposed to U.S. detention conditions.

Game developer Square Enix announced the auction dates for NFTs of its upcoming blockchain game Symbiogenesis.

Due to UAE's National Day, Phoenix Group’s public trading launch on the Abu Dhabi Securities Exchange has been moved to Dec. 5, 2023.

The developer behind the Final Fantasy and Kingdom Hearts franchises is preparing to launch its first original Ethereum NFT Game. Now, details about the first NFT mint have also emerged.

The company said Symbiogenesis NFTs will be auctioned off in three separate phases.

Phoenix was looking to sell almost 18% of the company for a target raise of $368 million.

Innovative solutions like this will attract institutional capital to crypto markets, says Lennix Lai, Global CCO at OKX.

Despite the remaining challenges and uncertainties, there emerges a guarded optimism enveloping the sector, symbolizing its resilience and adaptive nature.

U.S. law “does not control the world,” said the filing by the world’s biggest crypto exchange as it feels increasing regulatory pressure.

[Tel Aviv, Israel, October 17th, 2023] Automated trading platform Cornix has announced an integration with crypto exchange KuCoin Futures. The move will give Cornix users access to over 200 futures contracts on a highly liquid exchange that records $1.5B in daily volume. All of Cornix’s existing automated trading strategies can now be utilized on KuCoin […]

Botanix Labs founder Willem Schroé argues a “huge amount of value” from real-world assets will be captured on Bitcoin, provided it connects to the Ethereum Virtual Machine.

Lennix Lai, OKX’s global chief commercial officer, told Cointelegraph that bringing traditional finance investors into the space would require raising compliance standards.

Fhenix, an Israel-based encryption startup dedicated to bringing fully homomorphic encryption to smart contracts, has announced it has raised $7 million in seed funding.

Fhenix, billed as the world’s first confidential blockchain, has announced the completion of a $7M seed round that’s attracted several of the industry’s best known VCs. Multicoin Capital and Collider Ventures led the round,

Zug, Switzerland, August 28th, 2023, Chainwire Supra, a leading blockchain organization that provides Oracle and Verifiable Random Function (VRF) services, today announced the creation of HyperNova, its new bridgeless technology that facilitates cross-chain communication directly via L1 consensus. This groundbreaking new methodology allows blockchains to connect interoperably without the need for a centralized bridge. “HyperNova is a major breakthrough for the blockchain industry,” said Joshua Tobkin, CEO of Supra. “It eliminates the need for centralized bridges, which can be a single point of failure and a major vulnerability in Web3. HyperNova’s bridgeless technology makes blockchain connections more secure, reliable, and scalable via L1 to L1 cryptographic consensus.” HyperNova bridgeless technology works by using Supra’s novel, low-latency, consensus algorithm, known as Moonshot Consensus, to understand the underlying cryptographic signatures of interacting chains. This allows Supra to provide a secure, reliable, and scalable cross-chain consensus that is strictly better than traditional bridge designs. Benefits of Supra’s HyperNova Bridgeless Tech Supra’s HyperNova offers a number of benefits over traditional centralized bridges, including: Increased security: HyperNova eliminates the need for a centralized bridge, which can be a single point of failure. Instead, Supra directly verifies that cryptographic signatures of the source and destination chains, which provides L1 to L1 security guarantees. Improved scalability: Bridgeless tech is more scalable than traditional centralized bridges. This is because Supra itself is a high-throughput IntraLayer that can handle many cross-chain consensus requests simultaneously. Enhanced capabilities: Supra’s HyperNova multi-chain solution enables novel cross-chain use cases that are not possible in bilateral (one-to-one) solutions. Use Cases for Supra’s HyperNova Bridgeless tech can be used for a variety of use cases, including: Cross-chain DeFi: HyperNova can be used to enable cross-chain DeFi, which allows users to transfer assets and interact with DeFi applications across different blockchains. Cross-chain gaming: Bridgeless tech can be used to enable cross-chain gaming, which allows players to transfer their in-game assets or NFTs across different blockchain-based games. Cross-chain oracles: HyperNova can be used to enable cross-chain oracles, which provide secure and reliable data feeds to DeFi applications across many ecosystems. About Supra Supra is building a low-latency interoperability infrastructure to provide Web3 capabilities that traditional blockchain designs lack. Supra, as a vertically integrated IntraLayer™, enables a shared security paradigm across a variety of oracle services. This includes securing external data on-chain, cross-chain consensus via their bridgeless HyperNova, automation, VRF, smart contract execution, and more. After thousands of hours of R&D and simulations, Supra’s technical breakthroughs are solving the Oracle Dilemma and optimizing network performance across the board in terms of security, throughput, time to finality, composability, and programmability. Supra has taken an academic approach to development, which has been an integral part of the organization’s commitment to advancing Web3 performance and security. This is characterized by a commitment to deep research, transparency, and going through a rigorous peer-review process in every design and product released. Dr. Aniket Kate, inventor of KZG Commitments utilized in Ethereum L2 Data Availability solutions, and the Supra team are diligently composing new whitepapers, so there are still many novel solutions in the pipeline soon to be publicized. To learn more about Supra and participate in their gamified learn-to-earn program, visit Countdown to Blastoff. Lastly, sign up for the whitelist for an opportunity to be notified in advance of any possible future token offerings and for more alpha. Contact Eli [email protected]

Zug, Switzerland, August 28th, 2023, Chainwire Supra, a leading blockchain organization that provides Oracle and Verifiable Random Function (VRF) services, today announced the creation of HyperNova, its new bridgeless technology that facilitates cross-chain communication directly via L1 consensus. This groundbreaking new methodology allows blockchains to connect interoperably without the need for a centralized bridge. “HyperNova is a major breakthrough for the blockchain industry,” said Joshua Tobkin, CEO of Supra. “It eliminates the need for centralized bridges, which can be a single point of failure and a major vulnerability in Web3. HyperNova’s bridgeless technology makes blockchain connections more secure, reliable, and scalable via L1 to L1 cryptographic consensus.” HyperNova bridgeless technology works by using Supra’s novel, low-latency, consensus algorithm, known as Moonshot Consensus, to understand the underlying cryptographic signatures of interacting chains. This allows Supra to provide a secure, reliable, and scalable cross-chain consensus that is strictly better than traditional bridge designs. Benefits of Supra’s HyperNova Bridgeless Tech Supra’s HyperNova offers a number of benefits over traditional centralized bridges, including: Increased security: HyperNova eliminates the need for a centralized bridge, which can be a single point of failure. Instead, Supra directly verifies that cryptographic signatures of the source and destination chains, which provides L1 to L1 security guarantees. Improved scalability: Bridgeless tech is more scalable than traditional centralized bridges. This is because Supra itself is a high-throughput IntraLayer that can handle many cross-chain consensus requests simultaneously. Enhanced capabilities: Supra’s HyperNova multi-chain solution enables novel cross-chain use cases that are not possible in bilateral (one-to-one) solutions. Use Cases for Supra’s HyperNova Bridgeless tech can be used for a variety of use cases, including: Cross-chain DeFi: HyperNova can be used to enable cross-chain DeFi, which allows users to transfer assets and interact with DeFi applications across different blockchains. Cross-chain gaming: Bridgeless tech can be used to enable cross-chain gaming, which allows players to transfer their in-game assets or NFTs across different blockchain-based games. Cross-chain oracles: HyperNova can be used to enable cross-chain oracles, which provide secure and reliable data feeds to DeFi applications across many ecosystems. About Supra Supra is building a low-latency interoperability infrastructure to provide Web3 capabilities that traditional blockchain designs lack. Supra, as a vertically integrated IntraLayer™, enables a shared security paradigm across a variety of oracle services. This includes securing external data on-chain, cross-chain consensus via their bridgeless HyperNova, automation, VRF, smart contract execution, and more. After thousands of hours of R&D and simulations, Supra’s technical breakthroughs are solving the Oracle Dilemma and optimizing network performance across the board in terms of security, throughput, time to finality, composability, and programmability. Supra has taken an academic approach to development, which has been an integral part of the organization’s commitment to advancing Web3 performance and security. This is characterized by a commitment to deep research, transparency, and going through a rigorous peer-review process in every design and product released. Dr. Aniket Kate, inventor of KZG Commitments utilized in Ethereum L2 Data Availability solutions, and the Supra team are diligently composing new whitepapers, so there are still many novel solutions in the pipeline soon to be publicized. To learn more about Supra and participate in their gamified learn-to-earn program, visit Countdown to Blastoff. Lastly, sign up for the whitelist for an opportunity to be notified in advance of any possible future token offerings and for more alpha. Contact Eli [email protected]

The Sultanate of Oman has embraced crypto, announcing the investment of millions in cryptocurrency mining operations. Oman’s move has raised eyebrows, with Islamic scholars debating the legitimacy of cryptocurrencies and their compatibility with Sharia law. A Bold And Historic Move Oman, a country that adheres to strict Islamic principles and traditions, has entered the world of cryptocurrency mining. The country has announced a series of investments that significantly enhance its association with crypto. The move is in line with the country’s plan to position itself as a digital powerhouse in the highly competitive region. The Omani government has announced investments of nearly $800 million dedicated towards cryptocurrency mining. This includes a $300 million partnership with the Phoenix Group, a prominent entity headquartered in Abu Dhabi. The partnership with the Phoenix Group aims to lay the groundwork for a 150-megawatt crypto mining facility in partnership with the Green Data City. The Green Data City is one of Oman’s leading licensed crypto mining firms. The facility is set to commence operations as early as 2024. Additionally, the country also granted approval for a $370 million mining venture by Exahertz International. According to several local reports, Exahertz plans to add an additional 15,000 machines by October to enhance operations. The investments are a major milestone in the country’s bid to accelerate the growth of its digital economy, stated Oman’s Minister of Transport, Communications and Information Technology, Hamoud al-Maawali. The Islamic Perspective On Crypto Oman’s foray into the crypto space comes as the entire region is adopting crypto. However, it also comes amidst a debate in the Islamic world regarding crypto and the legitimacy of cryptocurrencies in Islam. Islam’s financial principles, defined by Sharia law, are what define the permissibility or prohibition of financial instruments. Some Islamic scholars have argued that the speculative attributes of cryptocurrencies make them non-permissible for Muslims. Such a view has led to the issuance of several fatwas (Islamic legal verdicts) by Islamic scholars from countries such as Egypt, Turkey, and Indonesia. However, there is a train of thought that believes that because cryptocurrencies are devoid of any interest, they can be classified as permissible. They also emphasize the growing acceptance of cryptocurrencies to support their arguments further. An example of this debate can be seen in the stance adopted by some scholars when it comes to Ethereum, arguing that it is permitted. However, the Indonesian Ulema Council, the top Islamic scholars body, has declared that all cryptocurrencies are forbidden. Muslim Nations Increasingly Adopting Crypto Despite the ongoing debate, it is clear that Muslim nations have embraced cryptocurrencies in a big way and are among the biggest adopters of crypto in recent years. A study conducted by Chainalysis in 2022 identified the Middle East and North Africa regions as the fastest-growing crypto markets. Additionally, four out of twenty countries in Chainalysis’s Crypto Adoption Index are Muslim-majority nations. These have been joined by nations that have a significant Muslim population, such as Nigeria. However, the regulatory framework in these countries is in stark contrast with one another. On the one hand, countries such as the United Arab Emirates (UAE) are creating a welcoming and conducive environment for crypto firms and enthusiasts. However, countries such as Turkey, while permitting cryptocurrency trading, restrict the use of crypto in payments and by financial intermediaries such as banks. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.