Hong Kong-based crypto financial services provider Babel Finance has raised $80 million in a Series B funding round at a $2 billion valuation. Babel Hits $2B Valuation The round was led by global inve...
Tag: eth price
Bitcoin to Return to Fair Value Price Around $38,000
Analysts at popular U.S. investment bank JPMorgan predict that Bitcoin will overturn current bearish sentiments to return to its fair value price. According to a note released to investors on Wednesda...
Central African Republic to Launch First Crypto Investment Hub Dubbed “SANGO”
A month after adopting bitcoin as a legal tender, the Central African Republic (CAR) has announced plans to launch its first cryptocurrency investment hub. CAR’s First Crypto Hub Archange Touadera, th...
Uniswap Hits New Milestone, Crosses $1 Trillion in Historical Trade Volume
Ethereum-based decentralized finance (DeFi) protocol Uniswap announced a new milestone on Tuesday, noting that it has crossed $1 trillion in trading volume in less than four years since it was launche...
Billionaire Ray Daylio Hails Bitcoin’s “Tremendous Achievement” and Potential
Ray Dalio, founder of American investment management firm Bridgewater Associates, praised Bitcoin during a CNBC’s Squawk Box interview, noting that the leading cryptocurrency has achieved a tremendous...
South Korea to Strengthen Global Cooperation for Better Crypto Regulations
South Korea’s regulator, the Financial Services Commission (FSC), is planning on strengthening its global cooperation in a bid to better regulate the cryptocurrency sector, local media reported Tuesda...
Bitcoin Could Bottom at $8,000, Says Guggenheim’s Scott Minerd
Scott Minerd, founding managing partner and chief investment officer (CIO) of global investment and advisory financial services firm Guggenheim Partners, believes that bitcoin (BTC) could trade as low...
Earn $1200 by Being Part of the Most Active Community!
Hey, guys, something really cool is coming up soon! SimpleHold team has prepared a cool event for you – a very special tournament to find the best crypto community ever! Why should you take part? The...
Crypto Is “Worth Nothing” and Should Be Regulated, ECB President Says
European Central Bank (ECB) President Christine Lagarde recently shared her stance on cryptocurrencies, noting that digital assets are not only risky but also worthless, Bloomberg reported last weeken...
French Luxury Brand Balenciaga to Accept Crypto Payments
Popular fashion brand Balenciaga has joined a growing list of fashion giants to adopt cryptocurrencies as payment options, Women’s Wear Daily reported Monday. Balenciaga Announces Crypto Payments Foun...
Elon Musk Deep Fake Promoting Fraudulent Crypto Trading Platform
With a surging amount of interest being given to the crypto space in recent times, bad players in the industry continue to devise new ways to defraud unsuspecting investors of their funds. According ...
Terra Do Kwon Faces Fraud Lawsuits From Investors And $78M Tax Evasion Fine
As the Terra saga continues to unfold, the project’s founders have become the target of the crypto industry’s ire. In the aftermath of Terra’s catastrophic failure, South Korean investors are currentl...
Whoever Designed Terra Minting Dynamics Should Have Their Head Checked
Binance CEO Changpeng Zhao (CZ) recently shared his thoughts on the downfall of the Terra ecosystem. While CZ believes there are many lessons to be learned from the cataclysmic event, he highlighted s...
Crypto Research Firm Delphi Digital Admits to “Significant” Losses During Terra Crash
Delphi Digital, a U.S.-based crypto research and investment company, said it lost a “significant” amount of funds to the infamous Terra crash earlier this month. The firm shared a detailed report exp...
Andreessen Horowitz (a16z) Launches $600M Gaming Fund With Allocation to Web3
American venture capital firm Andreessen Horowitz (a16z) has announced a new $600 million gaming fund dubbed GAMES FUND ONE with allocations to Web3 startups. a16z Launches $600M Gaming Fund In an off...
KAVA Jumps 13% as DOT and DOGE Sees Little Improvements
Kava and other cryptocurrencies are seeing more buying pressure. This has resulted in an increase in their prices. KAVA, for example, has surged by more than 13% over the last 24 hours. The push saw t...
Avalanche Loses $60M in LUNA-UST Fiasco, Founder Compares Terra’s Crash to Mt Gox Hack
Terra’s crash last week left many investors scratching their heads and counting losses. Other crypto projects and investment firms that partnered with Terra were also affected and are reporting major ...
CFTC Charges Two Individuals for $44 Million Cryptocurrency Fraud
The United States Community Futures Trading Commission (CFTC) has charged two US residents, Sam Ikkurty and Ravishankar Avadhanam, for their involvement in a cryptocurrency ponzi scheme that stole ove...
Vitalik Buterin Confirms Launch of Ethereum Merge in August
After a series of postponements from the Ethereum developers, co-founder Vitalik Buterin has confirmed that the long-awaited Ethereum Merge could happen in August 2022. Speaking at the Ethereum Shangh...
Bill Gates Says He Doesn’t Own Crypto Because It Doesn’t Add Value to Society
The legendary founder of Microsoft and the world’s fourth-richest person, Bill Gates, has recently bashed bitcoin and other cryptocurrencies, saying that they have no value and do not contribute anyth...
Australian Bank Halts Plans to Launch Crypto Trading Services Amid Terra Drama
Following the recent Terra LUNA drama, Commonwealth Bank of Australia (CBA) has suspended plans to launch an in-app cryptocurrency trading service, according to reports from The Guardian. Recall that...
How to Get a Bitcoin Address (In Less Than 1 Minute)
The very first step to get a Bitcoin address is to create a Bitcoin wallet. A Bitcoin wallet is a software that holds the Bitcoin address. It is also used to send and receive bitcoins (BTC). In many c...
How to Buy Bitcoin with Gift Card on Prestmit
Bitcoin is undoubtedly the number one cryptocurrency many want to hold. Despite its price volatility, it has been a choice for crypto traders/investors. Bitcoin is available on almost every crypto exc...
Anchor Protocol-Linked Stablegains Allegedly Loses $42M to UST Collapse
Stablegains, a U.S.-based startup aimed at generating yield for investors via decentralized finance (DeFi) lending, has reportedly lost $42 million worth of funds belonging to investors as a result of...
Blockchain Gaming Startup N3TWORK Secures $46 Million from Griffin and Others
Blockchain gaming studio N3TWORK Studios has raised $46 million in a Series A funding round led by Griffin Gaming Partners. N3TWORK Bags $46 Million From Investors The investment round also saw partic...
Bitcoin Still the “Only Candidate” for Native Internet Currency
Jack Dorsey, CEO and co-founder of Block (formerly known as Square), has reiterated Bitcoin’s potential as a native internet currency, CNBC reported Wednesday. Native Currency of the Internet Speakin...
Cardano Publishes New Research Paper on Key Blockchain Governance Properties
Cardano, a leading blockchain project, has published a new research paper on decentralized blockchain governance properties. Cardano Publishes Paper on Blockchain Governance The study was conducted by...
Six (6) Important Tips to Start Investing in Cryptocurrency
The craze around cryptocurrency has increased over the years. Due to how fast it has changed the financial status of some people, it has developed quite the appeal to it. Undeniably, investing in cry...
ASIC Declines Proposal to Ban Celebrities From Endorsing Crypto Products in India
After receiving a proposal from the Securities and Exchange Board of India (SEBI) to ban prominent figures from promoting crypto products, the Advertising Standards Council of India (ASIC) said that i...
Coinbase ($COIN) Resorts to Slow Hiring After $430M First Quarter Loss
America’s largest crypto exchange Coinbase has disclosed its plans to slow down hiring as the company faces headwinds following its poor earnings in the last quarter. Coinbase Slows Down Hiring Coinb...
Web3 Already Winning with $174k Payout per Creator vs $0.10 in Web2
Popular venture capital firm, Andreessen Horowitz (a16z), has recently pointed out the huge gap between Web2 and Web3 creators’ payout. In the company’s inaugural “State of Crypto” report published Tu...