Crypto

OrdinalsBot Raises an Oversubscribed $3M+ Seed Round to Continue Building Out the Data Layer of the BTC Blockchain

Retrieved on: 
Tuesday, March 26, 2024

This funding will enable OrdinalsBot to further reset the dynamics and infrastructure within blockchain, bringing new opportunities to the Ordinals and BTC ecosystem.

Key Points: 
  • This funding will enable OrdinalsBot to further reset the dynamics and infrastructure within blockchain, bringing new opportunities to the Ordinals and BTC ecosystem.
  • Our launchpad supports easy minting, collection mint events, and BRC-20 token launches with features like controlled launches and lazy mints.
  • OrdinalsBot Scribe: A platform for on-chain blogging, allowing users to format and inscribe text onto Bitcoin, including articles, blogs, book chapters, and more.
  • The OrdinalsBot team has participated in mining the largest BTC block ever, while also participating in three of the ten largest BTC inscriptions in the last month alone.

Bakkt Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Monday, March 25, 2024

Bakkt Holdings, Inc. (“Bakkt”) (NYSE: BKKT) announced its financial and operational results for the quarter and full year ended December 31, 2023.

Key Points: 
  • Bakkt Holdings, Inc. (“Bakkt”) (NYSE: BKKT) announced its financial and operational results for the quarter and full year ended December 31, 2023.
  • Broaden client network and deepen existing relationships – continue recent momentum in expanding and activating our client network.
  • Our second half 2023 operating expenses excluding crypto costs, execution, clearing and brokerage fees and goodwill, intangible and long-lived assets impairments were down 42% from the first half of 2023.
  • Fourth quarter 2023 results include Bakkt Crypto (f/k/a Apex Crypto, LLC), which we acquired on April 1, 2023.

Bakkt Announces Leadership Transition

Retrieved on: 
Monday, March 18, 2024

Bakkt Holdings, Inc. (NYSE: BKKT) today announced that Andy Main has been appointed President and Chief Executive Officer, effective March 26, 2024.

Key Points: 
  • Bakkt Holdings, Inc. (NYSE: BKKT) today announced that Andy Main has been appointed President and Chief Executive Officer, effective March 26, 2024.
  • Michael will serve in an advisory role through March 2025 to assist in the leadership transition and advise the Board and executive team on strategic matters.
  • In addition, Main brings decades of strategic leadership experience to Bakkt.
  • Bakkt is well-positioned to capitalize on the market opportunity in crypto,” concluded Main.

Figure Technologies Announces Figure Markets, Home to a New Decentralized Custody Crypto Exchange and Blockchain-Native Security Marketplace

Retrieved on: 
Monday, March 18, 2024

As part of the round, Dan Morehead, Founder and Managing Partner of Pantera Capital, will join the Figure Markets board of directors.

Key Points: 
  • As part of the round, Dan Morehead, Founder and Managing Partner of Pantera Capital, will join the Figure Markets board of directors.
  • Figure Markets will launch a new decentralized custody crypto exchange and blockchain-native security marketplace that incorporates Multi-Party Computation (MPC) technology.
  • With Figure Markets’ MPC wallets, private keys are distributed across a decentralized network, requiring multi-party approval for every movement.
  • Figure Markets is also continuing to work toward a registered security alternative to stablecoin that can support the Figure Markets ecosystem.

QuSecure Launches Crypto-Agile Post-Quantum Cryptography Protection for Cisco Router Network Encryption

Retrieved on: 
Thursday, March 14, 2024

QuSecure™, Inc., a leader in post-quantum cryptography (PQC), today unveiled QuProtect Core Security, a product designed to fortify existing Cisco router-to-router communications against emerging quantum threats.

Key Points: 
  • QuSecure™, Inc., a leader in post-quantum cryptography (PQC), today unveiled QuProtect Core Security, a product designed to fortify existing Cisco router-to-router communications against emerging quantum threats.
  • Leveraging advanced crypto-agile post-quantum cryptography, QuProtect Core Security offers a seamless and robust security layer, delivering best-in-class protection for critical network infrastructures for enterprises, government, and telecommunications providers.
  • The White House has already mandated for federal government agencies to begin upgrading networks to quantum-safe encryption.
  • The paper gives a technical overview of the solution architecture and describes a live demonstration completed between QuSecure and Cisco.

Bybit Sets Industry High with Proof-of-Reserves Audit: 40 Tokens Verified

Retrieved on: 
Friday, April 5, 2024

In this latest stride, Bybit reveals that each of the 40 cryptocurrencies, including newly added coins like WLD, AGI, APEX, BEAM, FET, GALA, IMX, RNDR, and SHRAP, are fully backed up to 150%.

Key Points: 
  • In this latest stride, Bybit reveals that each of the 40 cryptocurrencies, including newly added coins like WLD, AGI, APEX, BEAM, FET, GALA, IMX, RNDR, and SHRAP, are fully backed up to 150%.
  • This places Bybit as an industry leader, surpassing the total number of assets audited by competitors.
  • These recognitions highlight Bybit as a crypto exchange implementing industry best practices.
  • It assures our users that their investments are in safe hands, managed with the highest standards in the industry."

Bybit Sets Industry High with Proof-of-Reserves Audit: 40 Tokens Verified

Retrieved on: 
Friday, April 5, 2024

In this latest stride, Bybit reveals that each of the 40 cryptocurrencies, including newly added coins like WLD, AGI, APEX, BEAM, FET, GALA, IMX, RNDR, and SHRAP, are fully backed up to 150%.

Key Points: 
  • In this latest stride, Bybit reveals that each of the 40 cryptocurrencies, including newly added coins like WLD, AGI, APEX, BEAM, FET, GALA, IMX, RNDR, and SHRAP, are fully backed up to 150%.
  • This places Bybit as an industry leader, surpassing the total number of assets audited by competitors.
  • These recognitions highlight Bybit as a crypto exchange implementing industry best practices.
  • It assures our users that their investments are in safe hands, managed with the highest standards in the industry."

TOKEN2049 Dubai Officially Sold Out with 10,000 Attendees Following Unprecedented Demand

Retrieved on: 
Thursday, April 4, 2024

The unprecedented demand underscores the event's role as the leading international gathering within the crypto and Web3 space, and the status of Dubai as a hub for innovation in the industry.

Key Points: 
  • The unprecedented demand underscores the event's role as the leading international gathering within the crypto and Web3 space, and the status of Dubai as a hub for innovation in the industry.
  • Alex Fiskum, Co-Founder of TOKEN2049 said, "We're excited to announce that TOKEN2049 Dubai has reached full capacity, selling out more than two weeks before the event with 10,000 attendees, and a diverse industry participation mix.
  • Remarkably, 90% of our attendees are internationals flying in from overseas, setting the stage for what will be a truly global industry gathering."
  • We'll celebrate the Bitcoin halving against the backdrop of the stunning Dubai Marina skyline on an evening that promises to be unforgettable."

TOKEN2049 Dubai Officially Sold Out with 10,000 Attendees Following Unprecedented Demand

Retrieved on: 
Thursday, April 4, 2024

The unprecedented demand underscores the event's role as the leading international gathering within the crypto and Web3 space, and the status of Dubai as a hub for innovation in the industry.

Key Points: 
  • The unprecedented demand underscores the event's role as the leading international gathering within the crypto and Web3 space, and the status of Dubai as a hub for innovation in the industry.
  • Alex Fiskum, Co-Founder of TOKEN2049 said, "We're excited to announce that TOKEN2049 Dubai has reached full capacity, selling out more than two weeks before the event with 10,000 attendees, and a diverse industry participation mix.
  • Remarkably, 90% of our attendees are internationals flying in from overseas, setting the stage for what will be a truly global industry gathering."
  • We'll celebrate the Bitcoin halving against the backdrop of the stunning Dubai Marina skyline on an evening that promises to be unforgettable."

Bybit Lights Up Dubai with Exclusive Events, Heavyweight Panels at Blockchain Life and Token2049: Shaping the Future of Blockchain

Retrieved on: 
Thursday, April 4, 2024

This industry gathering presents a dynamic platform for Bybit to showcase its unwavering commitment to innovation, collaboration, and the responsible social advancement of blockchain technology.

Key Points: 
  • This industry gathering presents a dynamic platform for Bybit to showcase its unwavering commitment to innovation, collaboration, and the responsible social advancement of blockchain technology.
  • Discussing the innovative projects shaping the ICP ecosystem in the region, and rubbing shoulders with investors, partners, and influencers.
  • Connecting with the Community: Bybit representatives will be readily available at Token2049 Dubai on April 18th, showcasing Bybit's cutting-edge products and engaging with attendees.
  • "Bybit is here to empower users, connect the industry, and lead the way in this transformative journey," said Ben Zhou, Co-founder and CEO of Bybit.