Wednesday, May 8, 2024
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Gemini Raises $400 Million in Growth Equity Funding Round; Metaverse Clash Incoming – Bitcoin News

Gemini, the regulated cryptocurrency exchange founded by the Winklevoss Twins, has raised $400 million in its most recent growth equity funding round. This financial round gave it a valuation of $7.1 billion, being one of the most valuable exchanges in the crypto world. The financial round, led by Morgan Creek,

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Clash Between Short-sellers as Reddit WallStreetBets Pump GameStop (GME) Stock to New ATH

GameStop shares have managed to scoop 470%, 265%, and 116.31% in the past three months, one month, and five days respectively.GameStop Corp Cl A (NYSE: GME) stock has been the talk of the market for the past few days, particularly for the astronomical price rally. The continued difference between short-sellers

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In India, a Clash of Digital Innovation and Internet Censorship

Earlier this month, reacting to a decision by India’s highest court, prominent comedian Kunal Kamra tweeted that India’s Supreme Court is the “most Supreme joke of this country.” The following day, local media reported that Attorney General K. K. Venugopal greenlighted court proceedings against the comedian, based on a few tweets

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Kik Closes Messaging App after Costly Clash with the SEC; Focuses on Cryptocurrency Kin

Kik, one of the largest messaging applications to operate on a global scale, has decided to shut down in the face of a ferocious legal battle with the U.S. Securities and Exchange Commission (SEC) that has exhausted the company’s chances for survival. Recently, the company issued a layoff notification to

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