Cryptocoins News / Blockchain - 2 years ago
For the second time this year, Near protocol, a layer-1 blockchain network, has pulled massive funds from investors cutting across the traditional finance and crypto industries. to Bloomberg, the platform pulled in $350 million, which is more than...
Cryptocoins News / Blockchain - 2 years ago
The growth in the broader digital currency ecosystem has informed the sustained launch of products by venture capital firms to help their clients gain exposure to the nascent industry.
In one of such moves, 21Shares, a Zug-Switzerland-based digital...
Cryptocoins News / Blockchain - 2 years ago
To offer customers the option of accessing Bitcoin and using their bank accounts, American Bank, a community bank headquartered in Allentown, Pennsylvania, has with Bakkt.
Through the strategic partnership, American Bank clients will be able to b...
Cryptocoins News / Blockchain - 2 years ago
Binance.US, the subsidiary of Binance exchange in the United States, has $200 million in a seed funding round that has given the company a pre-money valuation of $4.5 billion.
As announced by the firm, the new capital injection will enhance the te...
Cryptocoins News / Blockchain - 2 years ago
As the war in Ukraine continues to bear its toll, the USA for UNHCR, United Nations Refugee Agency, has received a donation of $2.5 million to support families that are most impacted by the ongoing crisis.
According to an shared by the UN Agency,...
Cryptocoins News / Blockchain - 2 years ago
The appetite for cryptocurrencies in e-commerce continues to gain steam as they offer more convenient and safer payment methods, to a report by global payments solution provider Checkout.com.
Based on a study entitled “Demystifying Crypto: Sheddin...
Cryptocoins News / Blockchain - 2 years ago
Goldman Sachs Group, a US multinational investment bank headquartered in New York City, announced recently that it plans to add over-the-counter (OTC) Ether options trading to its list of cryptocurrency product offerings. The global bank stated that...
Cryptocoins News / Blockchain - 2 years ago
As the metaverse continues to gain momentum, HSBC Holdings, a British multinational investment bank, has established a fund to render investment opportunities to its high and ultra-high net worth investors in Singapore and Hong Kong.
Through the M...
Cryptocoins News / Blockchain - 2 years ago
Jason Kilar, the CEO of Warner Media, believes that the future of Hollywood, a name synonymous with the American film industry, lies in the hands of blockchain technology, to Reuters.
Kilar plans to leave the media company following its by Discov...
Cryptocoins News / Blockchain - 2 years ago
The number of crypto billionaires increased from twelve in 2020 to nineteen in 2021, to the Forbes’ Annual World’s Billionaires list.
In 2021, the 58.3% surge in crypto billionaires was fuelled by Web3 innovations, the exponential growth of non-f...
Cryptocoins News / Blockchain - 2 years ago
Bit Digital, a Bitcoin mining firm headquartered in New York, announced on Tuesday that it has signed a letter of intent with BitMine Immersion Technologies, a digital asset mining firm based in Georgia, that the two cryptocurrency mining firms to d...
Cryptocoins News / Blockchain - 2 years ago
Stockholm-based Non-Fungible Token () based soccer startup GOALS has raised the sum of $15 million as seed funds from venture capital firms and angel investors.
While this is not the very first-time GOALS will be pulling funds from investors, this...
Cryptocoins News / Blockchain - 2 years ago
Starbucks interim CEO Howard Schultz announced that the American multinational chain of coffeehouses and roastery reserves is entering the non-fungible token (NFT) market this year.
The NFT initiative is part of the need to reshape the for custome...
Cryptocoins News / Blockchain - 2 years ago
Gryphon Digital Mining, a privately held company that focuses on Bitcoin mining, announced Monday that it would not be going public through a with Sphere 3D, a publicly-traded data management company.
Sphere 3D is dedicated to becoming a leading c...
Cryptocoins News / Blockchain - 2 years ago
The Intergovernmental Panel on Climate Change (IPCC), an arm of the United Nations responsible for assessing the science related to climate change, released a new report Monday highlighting warnings about future climate risks.
The IPCC’s latest re...
Cryptocoins News / Blockchain - 2 years ago
Boba Network, an Ethereum-based Layer-2 protocol Optimistic Rollup scaling solution, has successfully its Series A funding round in which it pulled as much as $45 million from investors covering every aspect of the Web3.0 world.
The Series A fund...
Cryptocoins News / Blockchain - 2 years ago
Virtual Assets Service Providers (VASPs) that originate from Singapore but offer their business offerings or products abroad are now required to secure licensing from the relevant authorities, a shift in position that may soon become law as the coun...
Cryptocoins News / Blockchain - 2 years ago
BitMEX Derivatives Exchange has reportedly cut off 25% of its staff following information with employees last week.
For a trading platform with about 300 employees, the number of staff layoffs is estimated to be as many as 75 staff members and wit...
Cryptocoins News / Blockchain - 2 years ago
Coinbase Global Inc is extending its footprint in Asia through its tech hub in India.
As contained in a by the publicly listed firm, it will be hosting a crypto community event in Bangalore to discuss the future of crypto and web3 in the country. ...
Cryptocoins News / Blockchain - 2 years ago
On Monday, Intel, a US multinational semiconductor chip maker corporation headquartered in California, announced that it has launched its second-generation Bitcoin mining chip, commonly known as “Intel Blockscale ASIC,” which will increase the energ...
Cryptocoins News / Blockchain - 2 years ago
The UK announced on Monday to accept stablecoins as a valid form of payment and has set plans to make Britain a global hub for crypto-asset technology and investment.
The government plans to stablecoins to pave a way for their use in the UK as a l...
Cryptocoins News / Blockchain - 2 years ago
MoneyBox, a UK-based, rapidly emerging mobile savings and investment app, announced Monday that it had raised £35 million in a Series D funding round led by Fidelity International Strategic Ventures.
Existing investors and new investors like Polar...
Cryptocoins News / Blockchain - 2 years ago
Almost one in five Britons (18%) own crypto, to a survey conducted by cryptocurrency exchange Gemini.
Based on the findings, crypto ownership on British soil has been trending because research by the Financial Conduct Authority () in 2021 indicate...
Cryptocoins News / Blockchain - 2 years ago
A Bored Yacht Club (BAYC) non-fungible token (NFT) owner was scammed for at least $570,000 after the victim was tricked into exchanging their NFTs for worthless PNGs.
The victim - s27 - lost BAYC #1584 and two Mutant Ape derivatives (#13168 and #13...
Cryptocoins News / Blockchain - 2 years ago
In collaboration with the U.S. Justice Department, German authorities announced Tuesday that they managed to shut down the Hydra market, the most prominent Russian darknet market, and consequently seized $25 million in Bitcoin from the marketplace....