Cryptocurrency Analysis and News Portal
Crypto Card Market Trends Cryptocurrencies are still in their early stages of adoption and very few retailers accept them making them difficult to spend in-store or online. Despite the current “hodl” mentality, every crypto company out there appears to be gunning for programmes that enable crypto spending. In fact, the trend has
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Polygon’s effort to bring the DeFi space to users started a while ago and has so far yielded many positive results this year.Polygon, a blockchain scaling network, has revealed plans of a $100 million fund to ease accessibility to the decentralized finance (DeFi) space to end-users. Polygon’s fund, dubbed #DeFiforAll
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Charles Hoskinson gave new details on a very expected announcement in the Cardano community. The CEO of IOG uploaded a video on his YouTube channel and talked about the partnership with the Ethiopian government. The partners intend to “overhaul” the country’s education system. The Ethiopian Embassy in the United Kingdom and
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Concordium, a privacy-focused blockchain, has just completed its fourth funding round in which the firm raised $36 million; this pushed the valuation of the blockchain firm to around $1.5 billion. The funding round was focused on the Private Placement of its cryptocurrency GTU. The raised capital would be used to expand
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On April 15, a widespread power outage in North China led to a sharp decline in the Bitcoin hash rate. Because major mining farms are located in China, there was a 20% corresponding decline in hash rate. The China Hash Rate Crash Of 2021 As a result of the decline in hash
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Using the new funds, Virtue Poker plans to finally launch its mainnet in May 2021.Ethereum-based Consensys poker platform Virtue Poker has successfully pulled in a total of $5 million in a strategic investment round it recently concluded. The multi-chain decentralized platform received funding from several known investors such as Consensys, Pantera
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UniFarm, a decentralized farming pool of DeFi’s top projects, has announced a $2 million investment from leading blockchain funds including AU21 Capital, LD Capital, Rarestone Capital, Morningstar Ventures, NGC Capital, Alphabit, Moonwhale Ventures, Acheron Capital, Zokyo Ventures, and more. UniFarm pioneered the token farming pool model which has seen 17 top
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According to Ramp, the raised funds will go into more hiring and bolster its marketing efforts.Fintech startup Ramp secured $115 million in a recently-concluded investment round led by financial and software company Stripe. According to an announcement on the 8th of April, the two-year-old company is now valued at $1.6
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Can a new non-fungible token (NFT) platform finally solve the problem of ecosystem-wide royalties?NFT platform Recur announced on Thursday a $5 million seed round led by the DeFi Alliance, Delphi Digital, Ethereum co-founder Joe Lubin, and Gemini, among others. The raise claims a number of notable superlatives, including the first
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The Avanti Financial Group has announced that it has raised $37 million in a Series A round, bringing the company closer to launch as a digital asset bank.In a March 25 announcement, Avanti stated that it will use the proceeds to fund the required regulatory capital needed for launch, in
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