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Softbank Aids Atom Finance Raise $28M for Its Brazil Ops


Latin American SoftBank invests in Atom Finance, an online investment platform, by raising $28 million on Wednesday, June 23, 2021, via its Series B funding or Latin America Fund 9984.T. The purpose of this investment is for expanding the latter’s investor base and establishing its Miami office...

Korean Government Confiscates $47 Million in Crypto From Tax Evaders


South Korean authorities have identified thousands of tax evaders as part of an intensifying crackdown on tax dodging among crypto investors. Following a prolonged investigation, the government has reportedly seized cryptocurrency worth millions of dollars. Tax Agents Target Wealthy Tax Evaders...

Mobile DeFi App Donut Successfully Raised $2 Million


Recording another impressive performance on raising funds, Donut has has successfully raised a $2 million funding from Redalpine. Among the participants in the funding, Robert Leshner, founder of compound labs, was prominent as the well-known entrepreneur who participated in the process that led...

Asian Algorithmic Trading Company Amber Group Reaches Unicorn Status


Amber Group, a Hong Kong-based cryptocurrency trading company, has attained “unicorn” status. The company managed to raise $100 million in its Series B funding round. With the new influx, the company is now valued at one billion dollars, making it a unicorn. Amber Group’s strategy...

Can Litecoin (LTC) Break Through the $190 Barrier?


Litecoin is trading below the market capitalization of Bitcoin Cash and currently has a market cap of 11 billion USD. After the crash of May 2021, LTC seems to have lost its charm. Trading in a consolidation zone has made it difficult for new investors to trade at this counter.  The upside movement...

DAOs, DeFi and Dollars: the Bold New World of Decentralized Entities


In this week’s episode, we explore how developers and investors are working through the complex process of bridging the human and legal needs of the outside world with these complex, decentralized systems run by blockchains, automated smart contracts, “multisig” tokenized collateral agreements

Bitcoin Hits $37k Level After El Salvador’s Endorsement


The first and the most valuable amongst cryptocurrencies, Bitcoin, is a virtual/digital currency that uses cryptographic technology to regulate and issuance of currency units. Developed by Satoshi Nakamoto, who first felt the need for an e-payment system based not on trust but cryptographic proof...

Ethereum Price Analysis: Can ETH Surpass $2900 Mark?


Ethereum’s gas fee turning the lowest on June 06 has created a huge rallying environment for ETH. Norton, the world-leaning anti-virus software, has been making rounds at countering crypto mining issues. Norton announced plans to launch Ethereum mining software. The idea behind this announcement...

A Stable Bitcoin (BTC) Could Touch $40,000 levels


Bitcoin currently trades above $36k with a moderate momentum since its high of $36,790.57 in the last 24 hours. BTC currently has a market cap of $680,083,174,620 and a fully diluted market cap of $762,460,122,674. The volume traded in the last 24 hours is $29,759,074,875, down 18.49%, with...

CARDANO (ADA) Price Analysis: Will ADA Retest $2 Mark Soon?


If there is a cryptocurrency that has completely dominated the price action by staying well above the historical 200 Day Moving Average, it’s Cardano, ADA. Our last Cardano price projection had ADA in a tight spot and within a short span of two weeks, Cardano has shown impeccable resolve...

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