Cryptocurrency Analysis and News Portal
Data shows Bitcoin funding rates right now are at the same level as they were in early September. This means the coin may see another flush out similar to how it happened back then. Bitcoin Funding Rates Float Around Similar Levels To Early September As per this week’s on-chain report from Glassnode,
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Cryptoys are interactive digital toys that consumers can buy, play with, collect and sell. They will launch soon on Flow, a blockchain designed for NFT collectibles and crypto games. Flow was developed by Dapper Labs, which also participated in the funding round alongside Draper & Associates, CoinFund, Sound Ventures,
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Jeffery Liu, CEO at XanPool, which currently operates in over 13 countries in the Asia Pacific region, said the firm’s network will eventually look more similar to the SWIFT network, since XanPool earns fees based on the communication that its software facilitates. Original Source
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Bitcoin remains on the offensive, thanks to ProShares Bitcoin Strategy ETF’s strong debut on the New York Stock Exchange earlier this week. The cryptocurrency bounced to $66,400, having found bids near $64,000 during the Asian hours.Analysts foresee a rally toward $86,000 in the coming weeks. However, it may not be
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Copper, a provider of crypto services for institutions, is in talks over a $500 million funding round that would give the firm a $2.5 billion valuation.The round would likely come together before the end of the year, Business Insider reported Thursday citing people familiar with the matter.The news emerges just
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NFT-game and virtual property developer Animoca Brands has doubled its valuation to $2.2 billion after closing a new funding round that fetched $65 million. The latest funding round was conducted at a pre-money valuation of $2.2 billion, and included backing from gaming giants Ubisoft Entertainment along with Liberty City Ventures,
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The U.S. Department of the Treasury says that the growing use of crypto assets challenges the efficacy of American sanctions. “We are mindful of the risk that, if left unchecked, these digital assets and payments systems could harm the efficacy of our sanctions,” the Treasury Department explained. Treasury Says Crypto Threatens
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Returning investors from the Series A round in March were CoinFund, Galaxy Interactive, HOF Capital, Motley Fool Ventures and Tribe Capital. New backers included Pillar VC, hedge funds Brevan Howard and Atreides and executives at GoldenTree Asset Management, Original Source
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Aurora, an Ethereum Virtual Machine (EVM) designed to scale decentralized applications (DApp) built on the Near protocol, has announced a $12-million debut funding round.The round included over 100 venture capital investors, including Pantera Capital and Electric Capital.According to an official statement, Aurora will use the funds to expand cross-chain capabilities
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Makor Capital, a brokerage and investment banking group, raised $17 million in Series A funding to grow Enigma Securities, its digital asset brokerage.The round valued London-based Makor at $200 million and was joined by blockchain company Algorand and billionaire hedge fund manager Alan Howard.Algorand CEO Steven Kokinos will join the
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