New data from crypto insights firm Chainalysis reveals that wash trading may be artificially inflating the value of non-fungible tokens (NFTs). In a new report, the market intelligence firm finds that...
Tag: Firm
CEO of Self-Driving-Car Firm Luminar Buys Stock
Text size A vehicle with Luminar LiDAR Patrick T. Fallon/AFP/Getty Images Luminar Technologies stock has been slumping, and founder and CEO Austin Russell scooped up the cheaper shares. Luminar (ticke...
Crypto investment firm raises $50 million for fund that will buy individual NFTs
advertisement Crypto asset management firm Arca has closed a $50 million fund dedicated to investing in individual NFTs. The firm said in a press release on Thursday that it would focus on individual...
Analytical Firm Santiment, Marks Next Opportunity Levels For XRP, UNI, LINK, LRC, AAVE, COMP & GRT!
Santiment, an analytics firm, is highlighting probable entry chances for a half-dozen altcoins amid a general decline that has caused the crypto markets to fall back for a long time in January. The Pl...
Blockchain-Based Firm Millicent Received UK Government Funding
UK-based blockchain company Millicent has received government funding in the form of a UK Research, and Innovation (UKRI) Innovate UK Smart Award. The project aims to assist in the nation’s strives to...
Chainalysis acquires DC-based data and consultancy firm Abaxx
advertisement On February 3, leading cryptocurrency forensics firm Chainalysis announced that it has acquired Abaxx, a government consultancy firm. Based in Great Falls, Virginia, Abaxx touts its mana...
Crypto Insurance Firm Evertas Wins Lloyd’s of London Approval
“Our approval of Evertas’ coverholder application is an example of collaboration between Lloyd’s insurer Arch and their new distribution partner on an innovative solution aimed at facilitating the gro...
Philippines’ Ayala Corp. Continues Regional Expansion With $165 Million Investment In Vietnam Solar Firm
Fernando Zobel de Ayala, CEO of Ayala Corp. and chairman of AC Energy, speaks during a Bloomberg … [+] Television interview on the sidelines of the Bloomberg New Economy Forum in Singapore, on F...
Jim Cramer sees promise in natural gas firm Coterra Energy
CNBC’s Jim Cramer said Wednesday he sees promise in Coterra Energy, a natural gas-focused firm formerly called Cabot Oil & Gas Corporation. “When you’re picking among oil and gas...
Ethereum Data Firm Dune Analytics Hits Unicorn Status With $69,420,000 Series B
Norwegian data firm Dune Analytics has raised $69.420 million in a Series B funding round, the company announced today. As a Web3 company, Dune allows users to view real-time analytics for a variety o...
US-Based Fintech Firm Ideal Launches Crypto-Analytics API Solution
Ideal, a US-based technology provider company, has announced the launch of its crypto analytics application programming interface (API), Impact API, using Pyth Network’s real-time on-chain market data...
Singaporean healthcare services firm Zuellig Pharma: Uses a blockchain network to fight against COVID-19
Zuellig Pharma, a Singaporean healthcare services firm, is tracking COVID-19 vaccines using a blockchain-based network to prevent practitioners from providing outdated vaccines. The SAP blockchain is ...
Over $1,570,000,000 Worth of Bitcoin Moved off Crypto Exchanges in Just Seven Days: Insights Firm Santiment
Crypto analytics firm Santiment says that Bitcoin (BTC) is flying off exchanges at its fastest rate in more than four months, a potentially bullish indicator for the top crypto asset. The crypto insig...
Blockchain Software Firm Consensys Acquires Mycrypto Ethereum Wallet – Wallets Bitcoin News
On February 1, the blockchain infrastructure firm Consensys has revealed it has acquired the Ethereum-based wallet Mycrypto and plans to merge the wallet into Metamask. The price Consensys paid for My...
Bitcoin On-Chain Environment Suggesting Bullish Undertones, According to Analytics Firm Glassnode
Blockchain analytics firm Glassnode says that Bitcoin’s on-chain fundamentals have hints of bullishness, suggesting that recent market correction could be close to over. In its latest report, Glassnod...
Cybersecurity Firm Cybereason Allegedly Files Confidential Paperwork for US IPO
Cybereason has raised approximately $750 million to date and was valued at around $3 billion last year following a $275 million fundraising. Cybereason, a fast-growing cybersecurity company behind maj...
Reddit Cofounder’s VC Firm Raises $500M Primarily For Crypto Startups
Alexis Ohanian – co-founder of Reddit – recently raised $500 million for his venture capital firm 776 Management LLC. He said that the new funds will primarily be used to “double down” on investment i...
Software firm LAB577 acquired by crypto payment and liquidity provider BCB Group » CryptoNinjas
BCB Group, a European provider of business accounts, cryptocurrency, and foreign exchange market liquidity, announced today that it has acquired LAB577, a software engineering venture studio at the ne...
GameFi is Bringing a Whole New Economy to Blockchain Users – How One Firm is Disrupting The Game
To Affynity and beyond with this blockchain startup that is raking in the funds even before the launch of its disruptive new metaverse. Affyn, a Singapore based company is weeks aways from launching i...
FTX Raises $400 Million in Series C Fundraise, Firm Reaches $32 Billion Valuation – Finance Bitcoin News
Following the company’s subsidiary FTX US raising funds in its first Series A financing round, parent company FTX Trading Ltd. has announced it has secured $400 million in a Series C fundraise. The cr...
SBI Posted Firm YoY Gains in over Its Asset Management
Strategic Business Innovator Group (SBI) reported its financial results for the nine-month Period Ended December 31, 2021 before consolidation of Shinsei Bank. SBI Holdings is a Japanese firm operatin...
Large Cardano (ADA) Holders More Than Double Their Holdings in Just 10 Days: Crypto Insights Firm Santiment
Crypto analytics firm Santiment says there are some under-the-radar bullish fundamentals developing behind the scenes for Cardano (ADA). According to the firm, deep-pocketed Cardano holders have sudde...
Singapore firm uses blockchain to battle counterfeit COVID-19 jabs
Singaporean healthcare services provider Zuellig Pharma is using a blockchain-based network to track COVID-19 vaccinations to prevent practitioners from administering expired vaccines. Zuellig Pharma ...
Stocks Face Hurdles From Fed, China; Dollar Firm: Markets Wrap
(Bloomberg) — Asian stocks were mixed and U.S. equity futures slipped Monday after a Federal Reserve official flagged the possibility of sharper interest-rate increases and Chinese data signaled...
Investment Firm L1 Digital Receives FINMA Approval for Collective Crypto Investments
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set ...
Is Scandal-Ridden Spell Token Out of Danger? Analytics Firm Santiment Says SPELL at Risk if Bitcoin Does This
As the dust settles after a wild scandal rocked the world of decentralized finance (DeFi), questions remain for one “magical” altcoin caught in the crossfire. Earlier this week, a self-professed “on-c...
Fintech Firm Esusu Raises $130 Million
Financial technology services provider, Esusu became the latest fintech to achieve the status of a unicorn after the company closed its $130 million funding round. With that, Esusu became one of the f...
Arculus’ Crypto Wallet to Boost Payment Card Firm CompoSecure’s Revenue: Needham
Hardware crypto wallet Arculus will aid its owner CompoSecure’s (CMPO) revenue as it seeks to gain ground on cold storage competitors such as Ledger and Trezor, Needham equity research analyst John To...
Blockchain Firm Valereum Acquires 90% of Gibraltar Stock Exchange
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set ...
Crypto Firm Fireblocks Raises $550M, With $8B Valuation
The crypto security provided has raised a total of $550 million from institutional investors in one of the largest financing rounds in the crypto sector in the last few years. Funding Shoots Firebloc...
‘The company is a household name’: My husband’s tech firm gave him stock. It’s now 40% of our net worth. Should we diversify or hold?
Dear Quentin, My husband and I disagree as to whether he should diversify his tech stock. He was granted this stock during his five years employed with a tech company. It wasn’t worth much at the time...