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Africa-Focused Remittances Fintech Lemfi Raises $33 Million in Series A Funding Round
31.8.2023
An Africa-focused remittances platform, Lemfi, recently said it has raised $33 million in a Series A round led by Left Lane Capital. Lemfi said it will use the capital raise to “expand its product offering to the United States, Europe, the Middle East, and Asia.” Making Remittances Less...
Green Bitcoin Mining: Nodal Power Secures $13M for Landfill Gas Conversion
30.8.2023
Utah-based Nodal Power, which specializes in turning landfill gas into energy for powering bitcoin (BTC) mining hubs, recently announced a successful $13 million seed round backed by strategic investors. Bryan Black, Nodal’s CEO, stressed the technology’s “potential to make...
PYUSD’s Modest Footprint: A Tale of Languid Activity Amidst Stablecoin Titans
30.8.2023
Following Paypal’s declaration about the introduction of a fresh stablecoin, the smart contract address has revealed that the quantity of PYUSD stood at approximately 26.9 million. In the subsequent 22 days, the supply of PYUSD has risen by over 60%, now totaling 43.3 million....
AI Crypto Signals Platform yPredict Secures $3.6 Million for Newcomer-Friendly Ecosystem – How Does it Work?
29.8.2023
In the past, adventurers and opportunists raced to uncharted territories with hopes of striking gold. Their quests, driven by the appeal of riches, shaped the course of history. Today, while there may not be as many literal gold mines to discover, there's an undeniable surge in the quest...
Argo Blockchain Successfully Decreases 2022 Debt to $75 Million – Here's the Latest
29.8.2023
Digital asset mining firm Argo Blockchain has reported $18.8 million in losses in the first half of the year, reducing total losses to $75 million from last year.
The mining firm has struggled to navigate the tough path following wider market woes characterized by plunging prices of top crypto...
Dragonfly Capital Leads $3.75 Million Round for NFT Pioneer FirstMate – Crypto Funding Back?
29.8.2023
Non-fungible token (NFT) startup FirstMate has successfully raised $3.75 million for further development of a new NFT storefront builder platform.
Led by crypto-focused venture capital firm Dragonfly Capital and with participation from notable investors such as Coinbase Ventures and NextView,...
Litecoin Price Prediction as $200 Million Trading Volume Sends LTC Up 1% – Are Whales Accumulating?
29.8.2023
The price of Litecoin (LTC) has risen by 1% in the past 24 hours, reaching $64.98 as the altcoin's trading volume remains above $200 million.
LTC is now down by 1.5% in a week and by 31% in the last 30 days, while the cryptocurrency has also declined by 7% since the beginning of the year. ...
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Solana-based Protocol Clockwork To Shut Down Despite $4 Million Seed Funding
28.8.2023
Solana-based automation protocol Clockwork will be winding up its operations after its founder disclosed the company’s decision to step away from “active development of the protocol.”
Nick Garfield, the founder of the protocol announced on Aug 28 the plans of the company to shut its doors by...
Awakening of a Bitcoin Giant: $30 Million in BTC Moved From Dormant Wallets After 6-Year Slumber
28.8.2023
In 2023, multiple dormant bitcoin transactions caught the public’s attention and made headlines. Sunday night marks another significant event after a ‘sleeping bitcoin’ whale from 2017 stirred, spending an impressive 1,177.89 BTC — worth more than $30 million —...
South Korean Crypto Exchanges Mandated to Maintain Reserve Funds of $2.3 Million
28.8.2023
South Korean cryptocurrency exchanges will be required to maintain a reserve fund of at least 3 billion won (approximately $2.3 million) in designated bank accounts starting September.
The new regulations for crypto exchanges are aimed at enhancing user protection in the event of unforeseen...
1inch wallet buys $10M in ETH following a $3.7M profit streak in July
28.8.2023
The crypto wallet wallet linked to 1inch Investment Fund currently holds around $80 million in various digital assets
Oman's Multi-Million Crypto Investments Trigger Sharia Compliance Discussion
28.8.2023
The Sultanate of Oman is continuing its push into the world of cryptocurrency with a series of multi-million-dollar investments.
The country, located on the southeastern coast of the Arabian Peninsula, aims to establish itself as a digital hub in a highly competitive region.
The government...
NFT Sales Dip 14%, Yet Buyers Increase: Weekly Report Reveals $91 Million Traded
27.8.2023
According to the latest statistics, sales of non-fungible tokens (NFTs) have taken a 14% dip compared to the preceding week, tallying up to $91.86 million in the past seven days. Interestingly, the count of purchasers rose by 38%; however, NFT transactions witnessed a decline of over 30% during...
PEPE Token Heist: Former Team Members Swipe $15 Million in Tokens, Lead Developer Vows to Rebuild and Decentralize
27.8.2023
Approximately 16 trillion PEPE tokens worth $15 million were illicitly transferred to crypto exchanges and sold, according to an announcement from the meme coin’s anonymous lead developer. The theft was allegedly orchestrated by three former team members who accessed the token’s...
Over 680,000 Ethereum Added to Liquid Staking Protocols in Just 28 Days
26.8.2023
In less than a month, despite a downturn in cryptocurrency markets, over 680,000 ethereum (ETH) has been added to liquid staking derivatives protocols. Lido Finance, the leading liquid staking platform, experienced a supply increase of 5.94%, surging from 7.91 million to 8.38 million ETH since July...
Jellyfish Mobile to Curb the SIM-Swap Menace That Led to Losses Worth $140 Million in Two Years
26.8.2023
PRESS RELEASE. The cryptocurrency market lacks regulation, leading to potential risks for investors, including SIM-swap scams. By this technique, hackers manipulate mobile carrier customer service to gain access to a user’s phone number, allowing them to bypass security measures and access...
Exodus Records Solid Q2 with $12.4 Million Revenue – Crypto Wallets Making a Comeback?
25.8.2023
Crypto wallet company Exodus recorded a revenue of $12.4 million in the second quarter, experiencing a 4% decline compared to the previous year, the company announced on Tuesday.
Despite the revenue dip, Exodus achieved a net income of $1.9 million, a significant outcome that was influenced...
Today in Crypto: HashKey to Start Offering Crypto Trading to Retail Clients in Hong Kong, ARK Invest & 21Shares Apply for Futures ETFs, Prime Trust Lost $8 million of Client & Treasury Funds in a TerraUSD Investment
25.8.2023
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: Today in Crypto: HashKey to Start Offering Crypto Trading to Retail Clients in Hong Kong, ARK Invest & 21Shares Apply...
Is It Too Late to Buy Render? RNDR Price Rallies 3% as NVIDIA Stock Shoots Up and Launchpad Raises $1.4 Million
25.8.2023
Render (RNDR) has once again shot-up, following a strong quarterly performance by leading GPU-manufacturer Nvidia - but with RNDR on the move, is it too late to buy Render?
Nvidia stocks surged an impressive +3% in a market reaction to smashed expectations around the Nvidia Quarterly Report.
Over...
XRP whale moves 29 million tokens to Bitstamp amid price slide
25.8.2023
Additional information suggests the possibility that this whale might be selling its XRP assets, as it had previously moved 14 million XRP to Bitso just a few hours earlier