Cryptocurrency Analysis and News Portal
Despite the troubled tech space, German InsurTech firm Wefox recently raised $110 million in debt financing and fresh equity funding. On Wednesday, May 17, insurance technology startup Wefox announced $110 million in funding from investors, including JPMorgan (NYSE: JPM) and Barclays (LSE: BARC). According to Wefox, the American and British banking giants contributed half of
Read More
As concerns about climate change and environmental sustainability continue to grow, many organizations are turning to innovative solutions to help address these issues. One such solution is blockchain technology, which has the potential to revolutionize sustainability efforts across a variety of industries.On April 25, a World Economic Forum (WEF) white
Read More
Following a signed agreement between SpaceX and NASA, the government agency is considering SpaceX as an emergency return option for the ISS crew. Elon Musk’s SpaceX is about to receive financial backing from Saudi Arabia and Abu Dhabi investors in a new funding round. This follows an equity funding round in May
Read More
Manta Network recently completed the largest trusted setup ceremony ever, with over 4,000 people participating, according to a press release provided to Cointelegraph. The setup was done in order to help create MantaPay, an app that intends to allow for private payments between individuals.8/ 2022 also saw the launch of
Read More
Cornell University’s professor of economics and former head of the IMF’s China division, Eswar Prasad, has warned that “Cryptocurrencies may contribute to monetary and financial instability.” He added that the risk is amplified if the industry is unregulated and lacks investor protection. Economist Sees Crypto Posing Risks to Financial Stability Eswar Prasad,
Read More
India’s regulatory uncertainties have not affected the investor’s sentiment towards crypto as the latest data from crypto exchanges suggests a rising influx of users. Binance-owned Indian crypto exchange WazirX reported a 2,648% growth to date in user signups from smaller cities across India, also known as tier-II and tier-III cities, that
Read More
Some of the biggest names in DeFi, including Framework Ventures and Alameda Research, are backing the expansion of decentralized asset management protocol dHEDGE.The investors and the protocol’s decentralized autonomous organization (DAO) will collectively invest $1.15 million into an initial cohort of 33 fund managers operating on the platform.dHEDGE is a
Read More
Three hundred investors have ponied up funds for the initial public offering (IPO) of crypto exchange INX, according to Etherscan. Source
Read More