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Bitcoin Lightning-Based Payments App Strike Raises $80 Million in Funding Round
28.9.2022
Digital payment provider built on Bitcoin’s Lightning Network Strike announced that it has raised an $80 million funding round led by Ten31.
Strike is an application that allows users to make Lightning payments with either their bank account or debit card, without needing anything else.
The round...
California Launches Crackdown on 11 Crypto Firms Accused of Operating Ponzi Schemes
28.9.2022
The California Department of Financial Protection and Innovation (DFPI) has cracked down on 11 cryptocurrency companies that are accused of violating California securities laws. Nine of the firms reportedly solicited funds from investors in order to trade cryptocurrencies on the customer’s...
California Governor Vetoes 'Premature' Crypto Bill, Russia to Use Digital Ruble w/ China by Next Year, a Debit Card Enables NFT Avatar Customization + More News
27.9.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: California Governor Vetoes 'Premature' Crypto Bill, Russia to Use Digital Ruble w/ China by Next Year, a Debit Card Enables...
The Best Investment Strategies for Maintaining Purchasing Power During a Bear Market
27.9.2022
Whether you’re a long-term investor or simply trying to stay ahead of the curve in this economy, you need to be aware of inflation and how to protect yourself from it. Throughout this article, we’ll outline some of the best investment strategies for beating inflation and making money...
Deribit Valued at $400 Million After a Fundraiser from Existing Investors: Report
27.9.2022
Panama-based crypto derivatives exchange Deribit has raised funds from existing shareholders at a $400 million valuation, The Block reported, citing “four sources with the knowledge of the matter.”
The two of these sources claimed that the exchange raised around $40 million in the deal, with...
Grayscale’s GBTC Discount to NAV Breaks Records as Spread Widens by More Than 35%
26.9.2022
Grayscale Investment’s Bitcoin Trust (GBTC) has dropped to a new low this week as the bitcoin fund tapped a record 35.18% low against bitcoin spot prices. GBTC’s discount to spot has been underwater for a total of 577 consecutive days. GBTC Discount to NAV Widens by 35% — Fund...
Have Helium Leaders Been Lining Their Own Pockets While Not Delivering on Product?
26.9.2022
Executives at Helium (HNT), a developer of a "decentralized wireless infrastructure," as well as their family and friends, hoarded the majority of wealth at the project's launch, claims Forbes.
This is a $1.2 billion web3 company that said it was building a global wireless internet connection...
Unix Gaming & Delysium Are Decentralising Games in Surprising New Ways
26.9.2022
One of the core principles of web3 gaming is the idea of decentralisation–more specifically, decentralised ownership of assets. But, the teams at Unix Gaming & Delysium believe that by limiting decentralisation to assets, developers have also been limiting themselves. What started as...
Binance Reportedly to Go (Back) Big in Japan, Kraken Rejects SEC, China Gets Metaverse Engineering Department + More News
26.9.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Binance Reportedly to Go (Back) Big in Japan, Kraken Rejects SEC, China Gets Metaverse Engineering Department + More News
B Riley to Take $100 Million Equity Stake in Publicly Listed Bitcoin Miner Iris Energy
26.9.2022
Publicly traded sustainable Bitcoin (BTC) mining firm Iris Energy has signed a deal with investment bank B. Riley Financial per which the latter can buy up to $100 million in equity over the next two years.
According to the filing with the US Securities and Exchange Commission (SEC), B. Riley...
JPMorgan: Demand for Crypto as Payment Method Has Drastically Declined
25.9.2022
Global investment bank JPMorgan is seeing little demand for crypto as a payment method. However, the bank noted that cryptocurrencies are becoming “larger and larger” in the gaming sector, including in the metaverse. JPMorgan Sees Little Demand for Crypto as a Payment Tool The global...
This Bitcoin long-term holder metric is nearing the BTC price 'bottom zone'
22.9.2022
Bitcoin accumulation is in full swing during the downtrend despite BTC price having more room to drop
Opera Crypto Browser Integrates Elrond, Blockdaemon Partners With a Banking Giant, KuCoin Going Glocal + More News
22.9.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Opera Crypto Browser Integrates Elrond, Blockdaemon Partners With a Banking Giant, KuCoin Going Glocal + More News
Ethereum risks another 10% drop versus Bitcoin as $15.4M exits ETH investment funds
22.9.2022
Macroeconomic factors and centralization concerns are putting pressure on Ethereum's price post-Merge
Japanese Banking Heavyweight Nomura to Launch Crypto-Focused Venture Capital Arm
22.9.2022
On Wednesday, the Japanese financial holding company and principal member of the Nomura Group, Nomura Holdings, announced the launch of a crypto-focused venture capital unit called Laser Digital Holdings. Nomura’s move follows a number of financial giants entering the cryptocurrency industry...
Banking Giant Launching VC for Crypto Investments, Paying Taxes With Crypto in US, EOS Independence + More News
21.9.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Banking Giant Launching VC for Crypto Investments, Paying Taxes With Crypto in US, EOS Independence + More News
Guggenheim’s Scott Minerd Discusses ‘Greatest Investing Opportunity’ — Warns Stocks Vulnerable to Further Declines
21.9.2022
The chief investment officer of asset management firm Guggenheim, Scott Minerd, says that the current market has delivered “the greatest investing opportunity of a generation.” He also warned about some investments that he expects to decline further. Guggenheim’s Scott Minerd...
Roth IRAs: The ideal long-term cryptocurrency investment?
20.9.2022
Considering investing in cryptocurrencies for the long run? Roth IRAs and other tax advantages investment vehicles are worth considering
Better Business Bureau Warns of Cryptocurrency Investment Scams on Tiktok
20.9.2022
The Better Business Bureau (BBB) has warned about cryptocurrency scams on Tiktok. “You are scrolling through Tiktok when you come across a video showing a pile of cash. The creator says they earned the stack of money in just a few days by investing in cryptocurrency,” the...
Sustainable Blockchain GRNGrid Gets $50M From Investment Firm GEM Digital
19.9.2022
GRNGrid is an environmentally friendly layer 1 blockchain tailored to decentralized finance