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Modular blockchain network developer Hemi Labs raises $15 million

Hemi Labs raised $15 million to launch the Hemi Network, a blockchain integrating Bitcoin and Ethereum, featuring a Virtual Machine and Bitcoin Kit for decentralized applications.

theblock.co • 18/09/2024 - 16:33 PM

Modular blockchain network developer Hemi Labs raises $15 million

Hemi Labs secured $15 million to launch the Hemi Network, a blockchain platform enhancing interactions between Bitcoin and Ethereum, featuring a virtual machine and Bitcoin Kit.

theblock.co • 18/09/2024 - 16:33 PM

'It’s cool to hate Ethereum right now. I bet this ends up looking silly,' Bitwise CIO says

Bitwise CIO Matt Hougan discusses Ethereum's challenges and potential, highlighting its established success despite competition and regulatory concerns, proposing it as a contrarian investment approach.

theblock.co • 18/09/2024 - 12:53 PM

AI-focused Bitcoin miners are outperforming rivals amid 'significant upside' potential for the industry, Bernstein says

AI-focused Bitcoin miner stocks are outperforming their rivals due to stronger conviction in the data center thesis, according to analysts at Bernstein. However, all public miners have “significant upside” potential from the power portfolios they control alongside anticipated positive bitcoin price action, the analysts said.

theblock.co • 18/09/2024 - 11:18 AM

US spot Bitcoin ETFs logged $187 million in net inflows yesterday as BTC hovers around $60,000

U.S. spot Bitcoin ETFs saw strong inflows of $186.8 million, reversing prior outflows. Bitcoin trades above $60K, while Ethereum ETFs face declines.

theblock.co • 18/09/2024 - 09:31 AM

Jamie Dimon says JPMorgan Chase is 'probably one of the bigger users of blockchain'

Jamie Dimon claims JPMorgan is a major blockchain user while maintaining skepticism towards cryptocurrencies, emphasizing blockchain's potential for data sharing and trust in banking.

theblock.co • 17/09/2024 - 22:13 PM

Jamie Dimon says JPMorgan Chase is 'probably one of the bigger users of blockchain'

Jamie Dimon, CEO of JPMorgan Chase, discusses blockchain usage, historical skepticism of cryptocurrency, and the bank's Onyx network while hinting at a potential shift in his views.

theblock.co • 17/09/2024 - 22:13 PM

The Daily: WalletConnect to airdrop 185 million WCT, Trump-backed World Liberty Financial unveils WLFI token plans and more

WalletConnect plans to airdrop 185 million WCT tokens, Trump-backed World Liberty Financial announces WLFI token, and BlackRock sees first positive inflows in three weeks.

theblock.co • 17/09/2024 - 17:43 PM

The Daily: WalletConnect to airdrop 185 million WCT, Trump-backed World Liberty Financial unveils WLFI token plans and more

WalletConnect announces airdrop of 185 million WCT tokens, while Trump-backed World Liberty Financial launches WLFI token; BlackRock's ETF experiences first inflow in weeks.

theblock.co • 17/09/2024 - 17:43 PM

BlackRock’s IBIT clocks first daily net inflows in three weeks as spot Bitcoin ETFs attract $12.8 million

BlackRock’s IBIT generated positive flows on Monday for the first time in three weeks as spot Bitcoin ETFs witnessed a combined $12.8 million in net inflows. Meanwhile, spot Ethereum ETFs returned to daily net outflows of $9.4 million.

theblock.co • 17/09/2024 - 10:02 AM

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