Banking giants Goldman Sachs and Britain’s Barclays have joined a $70 million Series A funding round for the institutional crypto trading platform Elwood Technologies, founded by billionaire British h...
Tag: Invest
Crypto Needs a Global Regulatory Body, Top Official Says
Ashley Alder, chair of the board of directors of the International Organization of Securities Commissions (IOSCO), an association of firms regulating the global securities and futures market, said the...
Do Kwon Apologizes for Hurting Terra’s Users and Investors
Do Kwon, the brains behind the Terra blockchain project, has apologized to members of the Terra ecosystem and the crypto community for the recent depegging event. Last week, UST, Terra’s algorithmic s...
How to Buy Altcoins With a Credit Card in Five (5) Easy Steps
There are frequent opportunities in the cryptocurrency market that require a quick response. However, depositing funds into an exchange via bank transfer or e-wallets can take up to several hours or e...
SEC Nigeria Issues New Crypto Rules to Protect Investors and Boost Adoption
Nigeria’s Securities Exchange Commission (SEC) has released new rules on the issuance and use of digital assets, including cryptocurrencies, in the country. SEC Nigeria Issues Crypto Rules Recall that...
Coinbase Shares Hit All-Time Low Following Controversial Disclosure Filing
Leading U.S.-based cryptocurrency exchange Coinbase had an unusually tough week after releasing a disappointing first quarter earnings report, which included a controversial disclosure filing with the...
American Millionaire Investor Mark Mobius Says Bitcoin is Going to $10k
May has not been a good month for crypto investors. Bitcoin is down 24% since the start of the month and 57% from its all-time high (ATH) of $69,000. Analysts believe the recent crash was heavily infl...
Are Presale Coins Like Calyx (CLX) the Best Way to Invest in Crypto?
Place/Date: – May 13th, 2022 at 3:41 pm UTC · 3 min read Source: Calyx Token Cryptocurrency is a scary market for first-time investors. Buying and trading in cryptocurrency is undoubtedly a gamb...
KuCoin Hits $10B Valuation After Rasing $150 Million From Industry Investors
Popular cryptocurrency exchange KuCoin has reached a $10 billion valuation after the company raised $150 million in a just-concluded Series B round. KuCoin Raises $150 Million The funding round saw pa...
Satoshi-Era Bitcoin Wallet Holding Over $30 Million Reactivates After 8.5 Years
A dormant Satoshi-era BTC wallet with a balance of $30,395,186 has just been reactivated after 8.5 years of dormancy, blockchain transaction tracking platform Whale Alert revealed on Twitter. Satoshi-...
Germany’s Finance Minister Says No Income Tax on Bitcoin and Ether Held for a Year
Germany’s Federal Ministry of Finance (BMF), alongside the country’s highest tax authorities, recently published a letter on how income from cryptocurrencies and other digital assets would be taxed in...
Do Kwon’s Spouse Gets Strange Visitor, Requests Police Protection
The quick decline of Terraform Labs-backed project Terra (LUNA) has been the talk of the week with millions of investors around the world impacted. Local reports allege that affected investors are now...
Binance CZ Slams TerraForm Labs Poor “Handling” of UST/LUNA Crash
Changpeng Zhao (CZ), CEO of leading crypto exchange Binance has expressed disappointment at how the Terra (LUNA) project team has so far handled the price crash of its stablecoin, UST and its native t...
Chainalysis Now Valued At $8.6B Following Fresh Funding
Blockchain analytics company, Chainalysis, announced Thursday it has raised $170 million in a Series F funding round at an $8.6 billion valuation. This means that the firm has more than doubled its va...
Terra Blockchain Temporarily Halted to Protect The Protocol From Attacks
Following the recent headwinds surrounding the Terra ecosystem and its native cryptocurrencies, the blockchain was temporarily halted to protect the ecosystem against malicious attacks. Terra Blockch...
Bitcoin Recovers From $26,500; Time To Invest in BTC?
Bitcoin’s decline and bearish crypto movement was a sudden sentiment change created by the collapse of LUNA as it lost its peg. To save UST from further decline, BTC was sold to create a hedge. Now th...
PancakeSwap DEX Introduces Fixed Supply (750M $CAKE)
PancakeSwap, the decentralized exchange based on BNB Chain, has proposed to impose a supply cap of 750 million for its native token, CAKE. CAKE 750M Max Supply and Revised Tokenomics The decentralize...
Cathie Wood’s Ark Invest snaps up $3m in Coinbase shares amid sell-off
Even as 2022’s stock rout deepens, hitting her own fund particularly hard, Ark Investment Management founder and CEO Cathie Wood is moving forward undeterred with her now-controversial stock-picking s...
FTX’s Sam Bankman-Fried Acquires a 7.6% Stake in Robinhood
Sam Bankman-Fried (SBF), the CEO of FTX, has recently become one of the largest shareholders in the popular American trading platform, Robinhood, after taking a 7.6% stake in the company. According t...
Why should you invest in strong crypto ecosystems? – Mushe token (XMU), Solana (SOL), Apecoin (APE)
Cryptocurrencies have been on the rise in the past couple of years and as tokens develop new technologies and functionalities, the rise of all-encompassing ecosystems has seen the day. These ecosystem...
Coinbase CEO Explains New Disclosure Filing, Says Company Has No Risk of Bankruptcy
Leading U.S. cryptocurrency exchange Coinbase recently released its earnings report for the first quarter of 2022, netting a total loss of about $430 million within the period. Coinbase New Disclosur...
NFT market: CRO and its label Two Sides invest in the non-fungible tokens
With more than half a decade in operation, the NFT market advances in the musical field by adding new participants. Recently, the German rapper CRO, and his record label Two Sides, invested part of hi...
Five U.S. States Order Virtual Casino to Stop Selling NFTs
Regulators in five U.S. states – Texas, Wisconsin, Kentucky, New Jersey, and Alabama – have issued a cease-and-desist order against Flamingo Casino Club, a virtual platform where users can purchase no...
Former Top Regulators Chris Giancarlo, Brian Brooks Invest In Crypto Risk Monitoring Startup Solidus Labs
Solidus founders from left to right: COO Chen Arad, CEO Asaf Meir, CTO Praveen Kumar Solidus Labs In 2018, struck by the Securities and Exchange Commission’s series of refusals to approve a bitcoin ET...
Crypto Startup WhaleFin Inks $20M Sponsorship Deal With Chelsea FC
WhaleFin, a digital asset platform owned by Amber Group, has become the official sleeve partner of England’s top flight team, Chelsea Football Club, via an annual sponsorship deal worth $20 million. T...
Why Would Anyone Invest In China Right Now?
Shanghai: in lockdown for over a month. (Photo by STR / AFP) / China OUT (Photo by STR/AFP via Getty … [+] Images) AFP via Getty Images You might not want to hold the Direxion 3x China Bear (YAN...
Philippine Billionaire Enrique Razon’s Bloomberry To Invest In Tycoon Dennis Uy’s Casino Projects
The Solaire Resort and Casino, operated by Bloomberry Resorts Corp., stands illuminated at night in … [+] Manila, the Philippines, on Saturday, April 27, 2019. Photographer: Veejay Villafranca/B...
Cathie Wood’s Ark Invest Grabs More Than Half a Million Coinbase Shares as Exchange’s Stock Plummets
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INVEST NOW IN THESE CRYPTOCURRENCIES TO BECOME A MILLIONAIRE: CALYX TOKEN (CLX), NEAR PROTOCOL (NEAR), AND COSMOS (ATOM)
Introduction Most people want to become financially stable, and to accomplish this goal they continue to uncover different methods. Many people consider the investment a great way to get financially ...
Hong Kong Police Arrest 25-Year-Old Man For $191,000 Cryptocurrency Fraud
Hong Kong police have arrested a 24-year-old man for allegedly piloting a cryptocurrency scam sometime last week, the South China Morning Post reported Wednesday. 24-Year-Old Man Steals 191k in Crypt...
Citi, Wells Fargo, BNY Mellon Invest in Crypto Firm Talos as Institutional Adoption of Digital Assets Accelerates – Finance Bitcoin News
Several major financial services firms, including Citi, Wells Fargo, and BNY Mellon, are investing in institutional digital asset technology provider Talos, which aims to remove “the barriers to wide-...