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Phuture Raises $1.5m in Seed Funding to Launch Indexing Protocol on Ethereum


PRESS RELEASE. Phuture, a decentralised protocol built for the creation and investment of passive index strategies in a Web3 environment, today announced that it has completed its private seed round fundraise. The round, led by Ascensive Assets, raised a total of $1.5 million. Once live, Phuture...

Paxos Raises USD 300M at USD 2.4B Valuation


Charles Cascarilla. Source: A video screenshot, Youtube/CNBC Television Regulated blockchain infrastructure platform Paxos (PAX) has raised USD 300m at USD 2.4bn valuation. The Series D round of funding was led by the US-based venture growth-equity fund Oak HC/FT, with USD 3.3bn in assets under...

South African Crypto Platform Revix Raises $4.1 Million


The South African cryptocurrency investment platform, Revix, has reportedly raised about $4.1 million from its latest capital raise round. According to the firm, part of the raised capital will be used “to launch Revix’s mobile application, a variety of Fourth Industrial Revolution...

Latest Drop in BTC Price Raises Concerns for Investors


Taking pride as the pioneer of the cryptocurrency industry, Bitcoin recently faced major turmoil as it recorded a startling plunge of 19% in the price value which eventually resulted in the biggest drop ever since February in the crypto cluster. The Bitcoin market faced a loss of over $10,000...

As Bitcoin's Taproot Nears, Ex-CIA Director's Paper Raises Privacy Concerns


Source: Adobe/wip-studio As a major privacy-related Bitcoin (BTC) upgrade took another step forward, the Cryptoverse is abuzz over a paper written by a former acting director of the US Central Intelligence Agency (CIA). But besides reaching a positive conclusion for BTC, the paper also highlights...

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