There has been an increase in bank accounts belonging to crypto professionals being frozen or restricted across the UK, US, and EU over the past few months. They say you often don’t care about something until it happens to you; well, this week, it did. To my genuine surprise, it came from the one place The post Even crypto friendly UK banks freeze accounts in fear of crypto transactions appeared first on CryptoSlate.

BlackRock, the world’s largest asset manager, has today updated the list of Authorized Participants (APs) for its spot Bitcoin exchange-traded fund (ETF), IBIT. The ETF, which has been live since January 10, 2024, allows investors to gain exposure to Bitcoin without directly holding the digital assets. According to the latest prospectus, BlackRock has added five The post BlackRock adds 5 new APs to spot Bitcoin ETF including Goldman Sachs, Citadel, Citigroup appeared first on CryptoSlate.

Bitcoin-focused blockchain Elastos is partnering with the decentralized physical infrastructure networks (DePIN) network IoTeX on digital identity validation. However, the collaboration also aims to bring Bitcoin’s robustness and trust to the forefront of DePIN, marking a significant leap toward integrating digital and physical assets using Bitcoin. The partnership represents an effort to leverage Bitcoin’s Layer-2 The post Bringing Bitcoin to real world infrastructure through new Layer-2 DePIN partnership appeared first on CryptoSlate.

The decentralized Physical Infrastructure Network (DePIN) platform IoTeX, has secured a $50 million investment from a consortium of venture capital firms to accelerate the growth and adoption of its ecosystem. According to information shared with CryptoSlate, the investment round was led by SNZ Capital, Foresight Ventures, FutureMoneyGroup, Borderless Capital, and others, with the funds being The post IoTeX secures $50M investment expanding dePIN narrative for next cycle appeared first on CryptoSlate.

Avail, a modular blockchain focused on unifying Web3 and optimizing data availability for scalable applications, has partnered with dWallet Network to introduce programmable native Bitcoin to rollups in the Avail ecosystem. Polygon co-founder Anurag Arjun spun off Avail from Polygon in 2023 into a separate entity. Avail was initiated within Polygon Labs in late 2020 The post Polygon spin-off Avail partners with dWallet to bring programmable Bitcoin to Web3 rollups appeared first on CryptoSlate.