Crypto Briefing

Federal Reserve chairman Jerome Powell has made several controversial comments related to cryptocurrencies in testimony before the Senate Banking Committee.Key Takeaways Federal Reserve chairman...

Cardano's Alonzo White upgrade brings smart contracts one step closer to a mainnet release.Key Takeaways Cardano has successfully carried out a hard fork and upgraded its testnet from Alonzo Blue to...

With a $9 million investment, Solana-based crypto wallet Phantom has plans to go multi-chain.Key Takeaways Phantom has closed a $9 million Series A funding round led by Andreessen Horowitz. The team...

The U.S. Securities and Exchange Commission has placed a fine on the ICO rating site Coinschedule, according to a news release. The defunct site allegedly took money in exchange for...

The leading index provider has introduced five new crypto-focused indices, adding to the three it launched earlier this year.S&P Dow Jones Indices has doubled down on its crypto play. The data...

The Chinese mining company will use the funds to expand overseas.Chinese Bitcoin mining company BIT Mining Ltd (NYSE:BTCM) has raised $50 million through a private placement of Class A shares, the...

The number of unique users has tripled since December 2020.DeFi adoption is showing no sign of slowing down, as the total number of unique addresses hits 3 million.DeFi Continues to See Exponential...

Synthetix's native token SNX rose following an announcement of the protocol's imminent Layer-2 launch. SNX is currently looking to establish bullish support.Key Takeaways Sythetix Network's native...

The latest NFT in the "Crappy Dogecoin Doodles" series features a hastily drawn Shiba Inu dog.Key Takeaways Dogecoin creator Billy Markus has added a new non-fungible token to his weekly series of...

According to JPMorgan, illiquidity and increased volume from El Salvador adopting Bitcoin could strain the blockchain's network.Key Takeaways JPMorgan (NYSE:JPM) has published a report indicating that...

Several tokens have plummeted after ChainSwap suffered its second exploit in eight days. The losses amount to roughly $8 million.Key Takeaways ChainSwap suffered an exploit last night, resulting in $8...

Bullish announces a public listing ahead of launching its product.Key Takeaways Bullish plans to list on the New York Stock Exchange through a business merger with Far Peak Acquisition. The merger...

The leading cryptocurrency exchange is topping the charts despite bank restrictions.Key Takeaways Binance is unlikely to be harmed by U.K. bank restrictions. Binance saw normal variation in trading...

Elon Musk has criticized the two leading blockchains for their transaction rates and fees. He also said that he thought there was “merit” to using Dogecoin as a base layer blockchain.Elon...

Circle is planning to go public via a SPAC merger. The stablecoin issuer has been valued at $4.5 billion.Cryptocurrency payments firm Circle has confirmed its plans to become a publicly-traded firm...

The U.S. Securities and Exchange Commission will need to provide answers by July 28.Key Takeaways In a newly published letter, Elizabeth Warren has asked the SEC to provide answers on regulatory...