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Elon Musk's Tesla is already $1 billion in profit from holding Bitcoin
14.10.2021
Tesla's Bitcoin stash is now worth $1 billion more than when Elon Musk approved the purchase in February
St. Louis Fed’s James Bullard Would ‘Support Starting the Taper in November’ to React to Inflation
14.10.2021
St. Louis Federal Reserve president James Bullard told the press on Tuesday that he thinks the U.S. central bank needs to wind down the buying of $80 billion worth of monthly bond purchases. Bullard says he would support tapering starting as early as November, in order to “react to possible...
Defi and Algorithmic Stablecoin Demand Grows in 2021 Despite Large Centralized Competitors
13.10.2021
On Wednesday, October 13, 2021, the market capitalization of all the stablecoins in existence is around $134 billion, which is 5.60% of the entire $2.4 trillion crypto economy. While centralized stablecoin projects dominate the pack of dollar-pegged tokens, a great number of decentralized...
Cardano Slips to 5th-Largest Crypto Market Position — ADA Down 30% Since All-Time High Last Month
13.10.2021
During the second week of October, bitcoin market values have maintained prices between $54K to $57K. Meanwhile, myriad alternative crypto assets have not yet seen the gains the leading crypto asset has enjoyed during the last two weeks. For instance, cardano used to be the third-largest crypto...
Binance Smart Chain (BSC) Receives $1 Billion to Bring the Next 1 Billion Crypto Users
13.10.2021
Binance, the world’s leading blockchain ecosystem and cryptocurrency platform, has launched a $1 billion Growth Fund for Binance Smart Chain, to accelerate adoption of digital assets and blockchain technology. In the span of next few months multiple programs will be set-up under its umbrella...
Consensys Aims for $3 Billion Valuation in Upcoming Funding Round
13.10.2021
Consensys, the Ethereum-based software boutique, is aiming to get a valuation that could reach $3 billion dollars in its upcoming funding round. The company would be taking advantage of the bullish climate the industry is experiencing right now to achieve this important milestone. Also, Consensys...
Binance Launches $1 Billion Fund to Boost Adoption of Its Smart Chain and Entire Blockchain Industry
13.10.2021
Crypto exchange Binance has launched a $1 billion fund which it calls “the biggest funding program of its kind in the whole cryptocurrency industry.” The company aims for the fund to “push the adoption” of the Binance Smart Chain and “the whole blockchain...
Total Value Locked in Defi Surpasses $200 Billion — Fantom, Avalanche, Harmony, Arbitrum TVLs Swell
12.10.2021
Decentralized finance (defi) has swelled quite a bit this year and on October 5, the total value locked (TVL) in defi protocols crossed the $200 billion mark. Since January 1, the defi TVL across various blockchains has risen almost 855% from $21.4 billion to today’s $204 billion. Total...
Celsius & MoonPay Ride Unicorns, Blockchain.com Launches Margin Trading + More News
12.10.2021
nt group. The transaction will reflect a valuation of more than USD 3bn for Celsius, the company
Binance to Pump USD 1B Into Its Chain, Aims for Billion Users
12.10.2021
arget="_blank" rel="noopener noreferrer" href="https://www.newswire.ca/news-releases/binance-launches-1-billion-binance-smart-chain-bsc-fund-to-increase-global-crypto-users-to-1-billion-862993651.html">Per the press release, the platform has launched a USD 1bn Crypto Mass Adoption Fund for BSC,
FTX US Launches NFT Market — Users Can Trade and Mint Solana NFTs, ETH Support on the Way
12.10.2021
On Monday, FTX US announced the launch of its marketplace for non-fungible token (NFT) assets. FTX explained that the marketplace will feature Solana-based NFTs but support for Ethereum-based NFTs is coming in the near future. FTX US Reveals New Solana NFT Market, Plans to Support Ethereum in...
Mining Hardware Manufacturer Bitfury Plans to Go Public
11.10.2021
Bitfury, the leading non-Chinese bitcoin mining hardware manufacturer, is reportedly planning to go public in the next 12 months. This would constitute one of the largest listings of a European-based cryptocurrency mining hardware company to date. The company had a valuation of $1 billion dollars...
Bitfury Is Said To Be Valued 'In Billions' as IPO Rumors Reemerge
11.10.2021
ank" rel="noopener noreferrer" href="https://www.telegraph.co.uk/technology/2021/10/10/bitcoin-mining-giant-plots-billion-pound-float/">reported, claiming it has obtained information suggesting the offering could have a “price tag in the billions of pounds.”Bitfury, which is headquar
New Funding Round Could Bring ConsenSys Value To USD 3 Billion
11.10.2021
https://www.ft.com/content/1773d1ed-0df0-46c1-9732-223c4012bc48">citing undisclosed sources briefed on the plans.While ConsenSys did not officially acknowledge its plans, should they be confirmed, the financing would represent a significant milestone for the New York-based company. It cou
Cross-Chain Bridge Value Increases by 89% in Less Than a Month Surpassing $14 Billion TVL
10.10.2021
23 days ago on September 16, cross-chain bridges held around $7.79 billion total value locked (TVL) and since then the TVL has increased 89% since then to $14.75 billion. Currently, the top bridges include network connections like Polygon Bridges with $4.5 billion, Fantom Anyswap Bridge with $4.1...
Total Value Locked Across Multiple Defi Chains Nears $200 Billion — Ethereum’s TVL Dominance 69%
5.10.2021
While the crypto economy has seen a decent uptick in performance during the first week of October, a number of decentralized finance (defi) tokens have seen tremendous gains. Furthermore, the total value locked in defi has risen to $195 billion, jumping more than 14% over the last two weeks from...
Axie Infinity Co-Founder Says Blockchain Game Plans to Launch a Decentralized Exchange
3.10.2021
Sky Mavis, the team that created the Ethereum-powered non-fungible token (NFT) game Axie Infinity, revealed the project plans to launch a decentralized exchange (dex), according to the company’s co-founder Jeff Zirlin during a podcast with Frank Chaparro. Moreover, Axie Infinity recently...
Billion dollar Bitcoin mining industry resumes in Iran after three month ban
1.10.2021
The extreme heat of the summer has subsided, so crypto mining has been given the green light as it can no longer be blamed for stressing the electricity grid
Genshin Impact Made $2 Billion In A Year
30.9.2021
Free-to-play game Genshin Impact made $2 billion on the Google Play and Apple App stores in its first year. That makes Genshin Impact the third most financially successful mobile game in the world, sitting comfortably behind Honor of Kings and PUBG Mobile. Excluding sales figures from China...
Verifone Enables Retailers to Accept Cryptocurrencies, Says Merchants’ Appetite for Crypto Payments ‘Has Exploded’
28.9.2021
Verifone, a global payment system provider with 35 million devices in 150 countries, is rolling out crypto payment support in the U.S. in partnership with Bitpay. Verifone’s platform processes more than $440 billion annually. The company says, “the appetite for crypto payments...