Hodlnaut, a Singapore-based cryptocurrency lending platform, announced the suspension of withdrawals on Monday. Hodlnaut cited bearish market conditions that cause liquidity issues. However, the crypt...
Tag: Firm
Cryptocurrency Intelligence Firm Messari Plan…
Messari, the cryptocurrency data analytics company, is planning a fresh round of fundraising in which it intends to raise $35 million at a valuation of just over $300 million. The crypto startup is in...
Crypto Lending Firm Hodlnaut Snoozes Withdrawals Amid Liquidity Issues – crypto.news
The cryptocurrency market liquidity trend is not yet over as the Singapore-based crypto lending platform, Hodlnaut is struggling to survive the heat. Hodlnaut revealed that it has ceased withdrawals a...
South African Web3 Firm Fractionalizes Rare ZAR Proof Coins into NFTs
South African Web3 tech company Momint has fractionalized a set of rare gold, silver, and bronze coins from 130 years ago into non-fungible tokens (NFTs). This complete denomination set of proof coins...
Buffett’s Berkshire buys another fraction of Occidental now owning over 20% of the firm
Another SEC filing released on August 8 showed that Warren Buffett’s Berkshire Hathaway (NYSE: BRK.A) bought more shares of Occidental Petroleum (NYSE: OXY). According to the disclosure, Berkshire bo...
Crypto Lending Firm ‘Hodlnaut’ Halts Withdrawals and Services
7 hours ago | 2 mins read Defi News The platform’s decision was attributed to current market circumstances. Hodlnaut apparently had $187 million in TerraUSD [UST]. Aside from Terra’s demise, a number ...
Web 3 Asset Management Firm, Serenity Shield Signs A Strategic Partnership With Singapore-Based Digital Insights To Boost Commercial Success
The strategic partnership aims to offer economic, financial, marketing, and commercial cover to Serenity Shield’s users, boosting the development and adoption of the platform. Serenity Shield, an inn...
Mining firm Bit Digital grows Ethereum holdings 594% sequentially in July ahead of Merge
New York-based mining firm Bit Digital grew its Ethereum (ETH) holdings by around 594% in July 2022, compared to June, according to its unaudited production update published on August 8. The firm incr...
We’re Downgrading This Semiconductor Firm and Cutting Our Price Target
We are downgrading the shares of Nvidia (NVDA) to a Two rating from One, and dialing back our price target on the shares to $200 from $225. These moves reflect the company’s downside pre-announc...
UK’s Financial Firm Revolut Taking a Leap in Crypto Industry
Recent actions of the fintech unicorn clearly shows their increasing interest towards crypto. Revolut is planning to increase the number of staff employed in their crypto operations. Recently it...
Large Cardano Holders Gobble Up $138,000,000 Worth of ADA in Just Eight Days: Analytics Firm Santiment
New data from a prominent crypto analytics firm is revealing the extent to which Cardano whales and sharks have been feasting on ADA over an eight-day period. According to Santiment, supersized Cardan...
Crypto firm Block among the highest ranked ‘Fortune 500’ gainers despite turbulent year
The 2022 cryptocurrency market meltdown has taken a significant toll on most businesses, with a majority recording a drop in valuations and income while others have been forced into bankruptcy. Howeve...
Carvana stock rises over 40% as firm ranks among the Fortune 500 top gainers
Carvana (NYSE: CVNA) shares surged over 40% from August 4 to August 5, following what was an earnings miss according to Wall Street expectations. Namely, speculations of a potential short-squeeze, may...
Binance CEO says firm never bought WazirX. Its founder disagrees.
Binance co-founder and CEO Changpeng Zhao said the company never completed an announced acquisition of WazirX, and that company’s founder hit back saying Binance does own WazirZ. Earlier today,...
Lightning Network payment rail, DeFi trading platform and blockchain security firm raise millions
Even with the onset of crypto winter, 2022 has been a watershed year for venture capital funding. Crypto and blockchain companies collectively raised $30.3 billion in venture capital in the first half...
VC Firm Lattice Capital Secures $60 Million as Its Second Crypto Fund
Lattice Capital is planning to invest in 40 to 50 different companies writing each a cheque of $500,000 to $1.5 million. On Thursday, August 4, Venture capital firm Lattice Capital announced that it h...
FTX CEO Backs Firm That Aims To Issue NFTs For The Programs It Develops
NEW YORK, NEW YORK – JUNE 20: People take photos of NFT art displayed on billboards in Times Square … [+] during the 4th annual NFT.NYC conference on June 20, 2022 in New York City. The fo...
Bankrupt Crypto Firm Voyager Digital Approved to Release $270 Million in Cash Deposits – Coinotizia
The now defunct and bankrupt Voyager Digital has been approved by the court to distribute $270 million in funds to creditors and affected customers. The news follows the Federal Deposit Insurance Corp...
Mining Firm CEO Sees Crypto Bear Market as Excellent M&A Opportunity
Crypto mining firms with good balance sheets can have excellent merger and acquisition opportunities, says White Rock CEO Crypto bear market acts as a nightmare for the whole crypto space. The digital...
Fintech Firm Revolut Unfazed By Bear Market, Hires 20% More Crypto Talent
Fintech company Revolut continues its cryptocurrency campaign with intentions to boost its digital currency team by 20%, undeterred by the bear market’s continuous fragility. Across the next six month...
Bankrupt Crypto Firm Voyager Digital Approved to Release $270 Million in Cash Deposits – Bitcoin News
The now defunct and bankrupt Voyager Digital has been approved by the court to distribute $270 million in funds to creditors and affected customers. The news follows the Federal Deposit Insurance Corp...
Crypto market holds firm above $1 trillion as Bitcoin gains threatened
After rallying in July, the cryptocurrency market gains appear to have stalled in the first days of August, with the crucial $ 1 trillion market capitalisation under threat. Although assets like Bitco...
Crypto Investors Are Accumulating These Digital Assets As Market Hits ‘Wall of Worry’: Analytics Firm Santiment
Crypto insights firm Santiment is revealing that the behaviors of a group of investors may be a negative sign for the market. According to Santiment, sharks, or entities that hold between 10,000 and 1...
Crypto Firm Blockchain.com Registers as a Vir…
According to reports, London-based cryptocurrency firm Blockchain.com announced on Thursday that it has successfully registered as a virtual asset provider in Italy, joining a host of companies to do ...
Ethereum (ETH) Set To Rally Once This Bullish Signal Starts Flashing, Says Crypto Analytics Firm Santiment
Crypto analytics firm Santiment is revealing one factor that is likely to foreshadow the start of a bullish phase for Ethereum (ETH). Santiment says that the volume of Ethereum on exchanges has risen ...
US Crypto Exchange Giant Coinbase Signs Huge Deal With Investment Firm BlackRock
Two titans from different corners of the investment world are partnering up to bring cryptocurrency trading to wealthy clients. In a new blog post, top US-based crypto exchange Coinbase announced an a...
BNB Chain Outran Other Ethereum Competitors in Several Metrics During Q2: Insights Firm Messari
Binance’s BNB Chain (BNB) outperformed other Ethereum (ETH) competitors in the second quarter of 2022, according to crypto insights firm Messari. In a new analysis, Messari notes the BNB Chain has had...
The Second Phase Of VC Fund By The South Korean VC Firm “Hashed”
The CEO of blockchain venture capital (VC) firm, Kim-Seo Joon, said they would support GameFi projects. The blockchain VC firm named Hashed already suffers from the loss of $3.6 billion of LUNA. But s...
Galoy, a fintech firm, raises $4 million
The broadening scope of fintech has attracted various big companies to this domain. The latest in this regard is banking platform Galoy which has planned to launch Bitcoin-backed synthetic dollar on t...
South Korean VC firm Hashed lost more than $3 billion in LUNA collapse
Hashed CEO Simon Seojoon Kim disclosed in a Bloomberg interview that the VC firm lost more than $3 billion from its investment in LUNA after it crashed in May 2022. Hashed bought about 30 million LUNA...
South Korean VC Firm Hashed Lost Up to $3.6B to LUNA Crash: CEO
With many crypto companies notably finding it difficult to share the extent to which the collapse of TerraUSD (UST) and LUNA coins affected their businesses, Simon Seojoon Kim, the Chief Executive Off...
Fintech Firm Galoy Raises $4 Million, Startup Introduces Bitcoin-Backed Synthetic Dollar Product – Bitcoin News
On Wednesday, Galoy, the firm behind El Salvador’s Bitcoin Beach Wallet, announced that the company raised $4 million in funding in an investment round led by Hivemind Ventures. On the same day, the s...