A liquidity injection from the People’s Bank of China is believed to have been the reason for a surge in prices of Chinese crypto projects on Monday. Industry leaders, including the Tron founder Justi...
Tag: Injects
Galaxy Digital injects $65 million into struggling bitcoin miner, Argo Blockchain
Argo Blockchain (ARBK), a bitcoin miner, will avoid filing for bankruptcy after deciding to sell Galaxy Digital (GLXY), the Helios mining plant in Dickens County, Texas, for $65 million. Galaxy Digita...
Binance Labs Injects $4M into Ultimate Champions for Further Development of Web3 Gaming
Binance Labs says it sunk $4 million in NFT-oriented sports platform Ultimate Champions to support innovation in blockchain gaming. Binance Labs has invested $4 million in the free-to-play fantasy spo...
Crypto.com Injects $150M for its New France Ecosystem Development
Singapore-based digital currency trading platform, Crypto.com is making significant strides in its push to establish its brands in France following the receipt of the Digital Asset Service Provider (D...
Nexo Injects Additional $50 Million to Third Buyback Program – crypto.news
Cryptocurrency lending platform Nexo has injected more funds into its buyback program, which will enable the company to discretionary and periodically repurchase its native token, NEXO. New Repurchas...
AntPool Injects $10M to Support Ethereum Classic Ecosystem
Ethereum Classic has done a lot to distinguish itself from the Ethereum blockchain over time, and its core role has continued to diverge from those of Ethereum over the past few years. AntPool, the di...
NFT Canvas Injects Much-Needed Composability In Solana NFTs
Non-fungible tokens, or NFTs, have become a very intriguing vehicle to collect digital art or gain utility in the Metaverse. Unfortunately, many projects offer none of that functionality and aren̵...
Multicoin Capital Injects $430m Venture Fund III for Blockchain Startups
Cryptocurrency investment firm Multicoin Capital has announced the launch of $430 million Venture Fund III to help startups focusing on decentralized autonomous organizations (DAOs), open finance, and...
Crypto Exchange FTX Injects $250,000,000 Into BlockFi, Acquires Stock-Clearing Startup
Crypto exchange FTX is pouring hundreds of millions of dollars into top digital assets lender BlockFi, while also acquiring stock-clearing firm Embed. FTX CEO Sam Bankman-Fried explained on Twitter wh...
TronDAO Injects $300 Million in USDC to Reserves; USDD Still De-Pegged
Vladislav Sopov Tron’s USD-pegged stablecoin USDD might be the most “over-collateralized” asset right now Contents With another $300 million in USDC, TronDAO’s collateral rate ...
Just In: TRON’s USDD Stablecoin Has Just Lost Its USD Peg, TRON DAO Injects $700M To Recover
– Advertisement – USDD has experienced a slight de-peg but TronDAO reserve will deploy $2 billion to support a re-peg. The crypto market is opening the week on a bad footing. The markets...
Kudos To Modern Finance! Number Of DAOs Grow By 8x, Solana Injects $100M Into DeFi
The DeFi ecosystem is witnessing quite a lot of changes lately, while DAOs and Web3-focused funds were the leads. Solana also took a step toward the new iteration of the Web as it launched an in...
UpLift DAO Injects Capital into Game-changing Polygon Ecosystem Projects
The cross-chain launchpad built on Binance Smart Chain aims to onboard high-quality projects from different EVM-compatible networks and give community members exposure to the full spectrum of projects...
Terra injects 450M UST into Anchor reserve days before protocol depletion
In a tweet published early Friday, Do Kwon, founder of Terraform Labs, the entity developing the Terra Luna (LUNA) and Terra USD (UST) stablecoin ecosystem, announced the injection of 450 million UST ...
One Billion XRP Unlocked as Ripple Injects More Coins in Circulation
Yuri Molchan Ripple tech behemoth has unleashed another massive portion of XRP tokens and moved 20 million to one of its ODL corridors Contents Here goes another billion XRP Ripple sends 20 million to...
Prytek Injects $100M into Tech Startup ThriveDx for Expansion
Prytek Holdings, a multinational technology group, has completed another round of strategic investment into ThriveDx, which is developing digital skills training products, taking its total investment ...
Mercado Libre Injects Liquidity into Crypto Firms Paxos & 2TM
Mercado Libre, a publicly traded retail giant, based in Argentina has injected an undisclosed sum of money into two regional cryptocurrency-focused firms, Paxos and 2TM Group. According to the company...