2 hours ago | 2 mins read Editors News The Fed implemented its smallest interest rate rise since March 2022. The crypto market responded positively with Bitcoin price even breaching $24k mark. In its ...
Tag: Raises
Bitcoin reaches $23,700 as Fed raises interest rates by 25 basis points
The Federal Reserve raised interest rates by 25 basis points (bps) following the Feb. 1 meeting of The Federal Open Market Committee (FOMC). This brings the Federal Funds Rate to 4.5-4.75%. Bitcoin re...
As Fed raises rates by a quarter point, here’s where financial advisers are telling their clients to invest — and store — their money
The Federal Reserve boosted its influential interest rate yet again Wednesday, even as more signs indicate that inflation is cooling. It hiked the benchmark’s key rate by a quarter of a basis point, b...
Federal Reserve raises interest rates another 0.25% to highest since October 2007
The Federal Reserve raised short-term interest rates Wednesday by a quarter percentage point, bringing its benchmark rate to a new range of 4.50% and 4.75%, the highest level since October 2007. In it...
Crypto Wallets To Lose Anonymity? Company Raises $7.5 Million To Make It Happen
Addressable.io has raised $7.5 million to match crypto wallets to their owners using social media data. According to TechCrunch’s report, the company held a seed round led by Viola Ventures, Fabric Ve...
Squid Raises $3.5 M in a Seed Round Led by North Island Ventures
Squid, a DeFi lending protocol, raises $3.5 M seed funding. North Island Ventures led the rounds. Squid provides cross-chain liquidity by connecting DEXs. New developments in the crypto industry are ...
Federal Reserve raises interest rates by 25 basis points, as expected
The U.S. Federal Reserve raised the target range for the federal funds rate by 25 basis points to 4.5-4.75 percent, bringing the interest rate to a 15-year high. Wednesday’s interest rate decisi...
Federal Reserve Raises Benchmark Interest Rate by 0.25%, Disinflationary Process ‘Early,’ Says Powell – Economics Bitcoin News
The U.S. Federal Reserve raised its benchmark federal funds rate by 0.25% on Wednesday after markets priced in near 100% certainty the Federal Open Market Committee (FOMC) would codify the quarter-poi...
Fed Raises Rates Another 25 Basis Points—Signals More Hikes Still To Come
Topline The Federal Reserve slowed the pace of its interest rate hikes on Wednesday, but signaled additional rate increases this year will likely be necessary in order to cool inflation that remains e...
Federal Reserve Raises Rates by 25 Basis Points
Key Takeaways The Federal Reserve raised rates by another 25 basis points. This brings federal interest rates to the 4.50% to 4.75% range. The move indicated a softening of the central bank’s hawkish ...
DeFi protocol Archimedes raises $4.9 million in seed funding
Archimedes, a decentralized lending and borrowing protocol focused on leverage, raised $4.9 million in a seed funding round. Hack VC led the round, with Uncorrelated Ventures, Truffle Ventures, ...
Squid Protocol Raises $3.5m, Introduces Native Cross-chain Swaps
Squid Protocol, an interoperability protocol for DeFi applications, has raised $3.5 million in a seed funding round led by North Island Ventures, with participation from Distributed Global, Fabric Ve...
Why It Could Be Disastrous For Crypto If The Fed Raises Interest Rates By 50 BPS
The crypto and legacy markets could see a spike in volatility in a few hours. Jeremy Siegel, the Wharton School of Business Professor, told CNBC’s ‘Closing Bell: Overtime’ that “it will be a disaster”...
Blockchain Scaling Project Sovereign Labs Raises $7.4M in Seed Round
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Addressable raises $7.5M to enable Web3 companies to acquire users at scale
Tel Aviv, Israel, 31st January, 2023, Chainwire Addressable, an innovative end-to-end solution for Web3 marketing, announced today that it secured $7.5 million in a seed funding round, led by Viola Ve...
Addressable Raises $7.5 Million To Enable Web 3.0 Companies To Acquire Users at Scale
January 31, 2023 – Tel Aviv, Israel Addressable, an innovative end-to-end solution for Web 3.0 marketing, announced today that it secured $7.5 million in a seed funding round, led by Viola Ventures an...
Blockchain security firm Sec3 raises $10 million in seed funding
Sec3, a blockchain security firm that audits smart contracts among other services, raised $10 million in a seed funding round. Multicoin Capital led the round, with Sanctor Capital and Essence V...
Big Eyes Coin Raises $20.15 Million In Presale, As Binance,…
As cryptocurrency gets bigger and gains more popularity, investors are always on the lookout to cash in on the most promising cryptocurrencies. Undoubtedly, the digital currency industry is set to cau...
Decentralized project VitaDAO raises $4.1m from Pfizer, others
VitaDAO has secured $4.1 million in a token-based funding round led by Pfizer Ventures, with participation from Balaji Srinivasan, L1 Digital, and several others. VitaDAO is focused on bringing to lif...
JetBlue pilots approve contract extension and raises
A JetBlue passenger jet (Embraer 190) taxis at LaGuardia Airport in New York, New York. Robert Alexander | Archive Photos | Getty Images JetBlue Airways pilots have approved a contract extension that ...
Crypto security startup Hypernative raises $9 million seed round
Crypto companies such as Alchemy, Blockdaemon and Nexo backed crypto security firm Hypernative in a $9 million seed round. The round, led by Boldstart Ventures and IBI Tech Fund, also saw parti...
Longevity Startup VitaDAO Raises $4.1m, Backed By Pfizer, Balaji Srinivasan
VitaDAO is developing drug assets as IP-NFTs VitaDAO, scientific illustration by Dani Bergey The web transformed life as we know it, allowing new ways of working, solving problems, and distributing cu...
Spatial Labs’ founder Raises $10 Million in Seed Funding
The seed round’s close profited Spatial Lab’s founder, Iddris Sandu, as one of the top youngest Black men, to raise more than $10 million. Spatial Labs has now raised $14 million. On January 26, Spati...
Backed by Jay-Z, Web3 Hardware Startup Spatial Labs Raises $10 Million
Web3 startup Spatial Labs has raised $10 million in its seed funding round, led by Blockchain Capital and backed by billionaire rap artist Jay-Z’s venture capital firm Marcy Venture Partners. When com...
StoryCo Raises $6M to Decentralize Storytelling
StoryCo also revealed its first narrative experience, The Disco Ball, which will be released in 2023. The “immersive and collaborative storytelling experience” will be produced by the Halo television ...
Walmart Raises Pay And Adds New Tech Positions
Mount Prospect, IL, USA getty Suddenly WalmartWMT is raising wages for store associates and is adding new tech positions. The move, initiated by Walmart’s U.S. president and CEO John Furner, is an eff...
Blockchain-based storybook platform StoryCo raises $6 million
StoryCo raised $6 million to launch a collaborative blockchain-based storytelling platform. The seed round was co-led by Collab+Currency and Patron. Other investors include Blockchange Ventures,...
Sui-based wallet raises $4.2 million led by Gumi Cryptos and Boldstart
Ethos Wallet, based on the yet-to-launch Sui blockchain, raised a $4.2 million seed round led by Boldstart Ventures and Gumi Cryptos Capital. The round for the wallet also featured participatio...