Binance US, the United States-focused arm of leading cryptocurrency exchange Binance, has raised more than $200M in a just-concluded seed funding round. Binance US Hits $4.5B Valuation The fundraisin...
Tag: Investor
Sky Mavis Secures $150M to Compensate Victims of the $625M+ Ronin Bridge Hack
Sky Mavis, the developer of popular NFT-based game, Axie Infinity, today announced it has raised $150 million in a recent funding round. The fundraiser was led by leading cryptocurrency exchange Binan...
Bridge Network Raises $3.8M to Build Better Cross-Chain Experiences With Backing From FTX Ventures
Bridge Network, a cross-chain communication protocol, has closed its $3.8M funding round with backing from FTX Ventures, MEXC Global, Master Ventures, Blockfinex, Croc Capital, and others. The protoco...
Why Going with Node Providers is a Better Solution Than Setting Up Your Own Node?
Nodes are one of the most important parts of blockchain networks and yet, they are a concept that many people are unfamiliar with. Some of us haven’t even heard about them up until this point. A block...
A Dummies Explanation With Examples
Key Takeaway Crypto coins and tokens are not the same. Coins usually have their own blockchain, but tokens live on another coin’s blockchain. Tokens can become coins. Bitcoin and Ether are examples of...
MicroStrategy Adds 4,167 BTC ($195M) to Bitcoin Stash
Leading global business intelligence software company MicroStrategy has yet again purchased more bitcoins, through its subsidiary MacroStrategy, a few days after obtaining a loan using its Bitcoin por...
U.S. Lawmakers Propose New Bill to Tackle El Salvador’s Bitcoin Move
U.S. representatives, Congresswoman Norma J. Torres and Congressman Rick Crawford, on Monday proposed a companion bill titled “Accountability for Cryptocurrency in El Salvador (ACES) Act.” The bill is...
US DOJ Seizes $34M Worth of Crypto Linked to Dark Web Fraud
The United States Department of Justice (DoJ) has recently seized hold of cryptocurrency to the tune of $34 million traced to illicit dark web activities by a South Florida resident whose identity rem...
Singapore Passes Bill to Tighten Regulations for Crypto Firms
Singapore has now passed a Financial Services and Markets bill that will tighten regulations for crypto firms across the country, Bloomberg reported on Tuesday. The bill, which was passed on Tuesday, ...
Crypto Investors Store 40% of Assets on a Single Exchange
A Yearly Crypto Security Self audit report published by crypto security company NGRAVE shows that a significant number of cryptocurrency investors still store their assets on a single exchange platfor...
UK Government Announces NFT Mint and Plan to Dominate Crypto
The UK government has been making consistent efforts to increase the country’s involvement in the global digital asset industry. In a new development, the UK government has revealed plans to issue a n...
Georgia Reveals Plans to Regulate its Crypto Market
Georgia is currently planning to set up regulatory frameworks that will guide the use of cryptocurrencies in the country. The framework will include licensing, compliance testing, and Anti Money Laund...
Crypto Adoption as Inflation Hedge Takes Off in Brazil and Indonesia
A recent survey conducted by cryptocurrency exchange Gemini has revealed that crypto adoption spiked in 2021. Over 30,000 investors around the world acquired digital assets last year to curb the infl...
Terra (LUNA) DeFi TVL Reaches $30B Milestone
The algorithmic stablecoins platform, Terra, has recently been witnessing increased DeFi activity, with both the network’s total value locked (TVL) and native token, LUNA, reaching new all-time highs ...
DeFi Protocol Inverse Finance Suffers $15M Hack
Blockchain security firm PeckShield raised an alert on Sunday that DeFi protocol Inverse Finance has been exploited with hackers draining around $15 million. According to findings by the security firm...
How cryptos managed ‘value-based’ investor interest amid global FUD
Different headwinds across the globe have seriously affected digital assets directly or indirectly. These includes everything from inflation concerns, EU anti-crypto amendments to government bans. Wha...
Solving the Problem of Investor Confidence in Equity Crowdfunding
The difference between speculating and investing comes down to a realistic expectation of a positive return on your money. For a speculator, that confidence comes from their ability to accept their ow...
Can BTC Flip $50k This Month?
Bitcoin ended the first quarter of 2022. Price most definitely didn’t go as planned for the bulls planned as Bitcoin closed the past three months almost the way it started. It failed to retest $50k si...
Indonesia’s New Crypto Tax Law Will Take Effect on May 1
Indonesia has joined a growing list of countries to impose taxes on cryptocurrency transactions and revenues. Indonesia Unveils Income Tax and VAT for Crypto An Indonesian tax official has revealed th...
Top Discord Channels for NFTs Compromised in Massive Phishing Attack
Bored Ape Yacht Club (BAYC) Discord server has just been compromised in a reported massive phishing attack which has led to the theft of at least 1 MAYC NFT. The incident was first identified and aler...
Turkish Prosecutor Seeks 40564-Year Jail Term for Crypto Exchange CEO Over Alleged $24M Fraud
A cryptocurrency exchange boss alongside his cohort of executives could face the longest jail term in crypto history if found guilty over an alleged $24 million fraud. A Bloomberg report on Friday rev...
Italian Fashion Brand Off-White Now Accepts Crypto for Payments
One of the world’s hottest fashion brands, Off-White, is now accepting cryptocurrencies as payments for its service. Off-White Enables Crypto Payments According to the report, Off-White has started ac...
BNY Mellon Becomes New Custodian of USDC Reserves Via Partnership With Circle
Circle, a global Internet financial payments company and issuer of the USDC stablecoin, announced today that the Bank of New York Mellon Corporation (BNY Mellon) has become the primary custodian of US...
A Promising Partnership Between IBC Group and TDeFi
With whales taking over the crypt-currency space and leaving no room for any new investors, this space is now full of obstacles that prevent it from becoming as consumer-friendly as possible. This is ...
Polkadex is Becoming the First Cross-chain Orderbook-based DEX Thanks to its Latest Testnet Release: Thea
Thea, Polkadex’s innovative interoperability layer, is now available on the Polkadex testnet. Thea will connect the Polkadex blockchain to Ethereum before adding support for more blockchains. The toke...
What is Terra (LUNA)? Learn All About Terra Without the Hype
Launched in 2019, LUNA is a native cryptocurrency of the Terra network, a blockchain project that was developed by South Korean firm Terraform Labs. The tech firm is co-founded by blockchain developer...
Crypto Investor Shot Multiple Times in an Alleged $450k Wristwatch Robbery
On the early morning of the 18th of March, a French crypto investor was allegedly attacked by a robber who wanted to steal his $450,000 worth of Richard Mille wristwatch. The 33-year-old victim, Pierr...
Wave Financial Launches $100M Fund for Cardano DeFi Ecosystem
Wave Financial has launched a new fund dubbed the Wave ADA Yield Fund to help support new decentralized finance (DeFi) projects being built on the Cardano network. Wave Financial Launches $100M Fund W...
Blockchain.com Hits $14 Billion Valuation Following Fresh Funding
Leading cryptocurrency financial services company Blockchain.com is now valued at $14 billion following a fresh funding round, Bloomberg reported on Thursday. However, the amount raised was not disclo...
Terra’s UST Reserve Hits New Milestone Above 30,700 BTC ($1.4B)
Terra, a blockchain project that allows developers to build decentralized applications, has purchased an additional $139 million worth of bitcoin, pushing the project’s total reserve above 30,700 BTC...