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VCs bet big on layer-two as StarkWare raises a staggering $75 million

24.3.2021
Scalability is a hot investment as VCs and retail pour into rollup and sidechain solutions

Blockchain.com Raises $300 Million, Firm’s Post-Money Valuation Now $5.2 Billion

24.3.2021
The crypto financial services provider Blockchain.com revealed on Wednesday that the company has raised $300 million in a financing round. Blockchain.com’s latest funding round follows the $120 million raise the company obtained last month. Blockchain.com Is Now Valued at $5.2 Billion...

Crypto Exchange FTX on the Verge of Winning Naming Rights for the Miami Heat’s Arena

24.3.2021
Samuel Bankman-Fried’s FTX crypto exchange is reportedly one vote away from winning a naming-rights deal for the arena of the NBA’s Miami Heat. The deal, which is believed to be worth $135 million, is set to be approved on March 26 by the Miami-Dade County Commission. Miami-Dade to...

Tokenized Jack Dorsey Tweet Sells for $2.9M, Funds From NFT Auction Will Be Sent to Charity

23.3.2021
On Monday, Jack Dorsey the founder of Twitter and Square witnessed a digital certificate or non-fungible token (NFT) of his first tweet being sold for $2.9 million. The new owner of the NFT Jack Dorsey tweet is the CEO of Bridge Oracle, Sina Estavi, who outbid the founder of Tron Justin Sun for...

Number two gaming Dapp raises $2 million in private utility token sale

22.3.2021
Player interest in Alien Worlds has propelled it into the most used Dapps within just weeks of launching

DeFi App Hub PolkaFoundry Bags $1.9 Million in Fundraising

22.3.2021
The way blockchain technology has altered the global investment space across multiple industries is certainly a big highlight of the 21st century. Not only has it provided ways to invest, retire, and save, but it also helped individuals fight against financial emergencies. Moreover, the technology...

Another Binance Smart Chain Project Turtledex Rug Pulls With Tokens Worth $2.5M Confirmed Stolen

22.3.2021
The team behind Turtledex protocol, a Binance Smart Chain (BSC) project has reportedly rug pulled its investors shortly after raising 9,000 Binance tokens worth $2.5 million. Immediately following the confirmation of the theft, the value of the protocol’s native token TTDX, reportedly plunged...

Scaramucci’s Skybridge Capital Registers With SEC to Launch a Bitcoin ETF

22.3.2021
Anthony Scaramucci’s Skybridge Capital has filed an S-1 registration form with the Securities and Exchange Commission (SEC) for a bitcoin exchange-traded fund (ETF). The prospectus for the “First Trust Skybridge Bitcoin ETF Trust” notes that the ETF aims to list common shares...

Following $6.5 million CFTC fine, Coinbase delays direct stock listing

20.3.2021
The crypto exchange escapes regulatory scrutiny with a slap on the wrist, but no stock listing on exchanges until next month

Ahead of IPO, Coinbase Pays CFTC $6.5 Million to Settle False Reporting, Wash Trading Charges

20.3.2021
The Commodity Futures Trading Commission (CFTC) has fined cryptocurrency exchange Coinbase $6.5 million “for reckless false, misleading, or inaccurate reporting as well as wash trading.” This enforcement action came as Coinbase is getting ready for its initial public offering (IPO)...

Shenzhen-listed ICT Company Plans to Invest $155 Million in Microbt Bitcoin Mining Hardware

20.3.2021
A Shenzhen-listed information and communications technology (ICT) company ZJBC has plans to invest in the bitcoin mining sector according to a recent announcement. ZJBC says that it aims to spend up to $155 million on Microbt manufactured ASIC mining rigs. Chinese ICT Firm ZJBC to Invest $155...

Study Finds Cryptocurrency Scams Surged 40% in 2020, Forecasts an Increase of 75% in 2021

19.3.2021
A new study revealed that cryptocurrency-related scams almost doubled over the last year. However, forecasts are not optimistic going forward, as the report forecasts another significant increase in the number of cases in 2021. Research Scanned Over 300 Million Websites According to...

Supercycle may propel Bitcoin over $1 million, Kraken’s Dan Held says

19.3.2021
Kraken's head of growth, Dan Held, thinks Bitcoin could reach $1 million within the current market cycle

Bank of America claims it costs just $93 million to move Bitcoin’s price by 1%

19.3.2021
Bank of America strategists have estimated that it takes in-flows of just $93 million to move Bitcoin’s price by one percent

Chinese Public Company Meitu Buys More Bitcoin — Treasury Now Holds $90 Million in Cryptocurrencies

19.3.2021
One of China’s top internet app makers, Meitu Inc., has purchased more bitcoin for its treasury. The company now holds about $90 million in cryptocurrencies. Meitu is listed on the Hong Kong stock exchange and its flagship app has more than 1 billion users worldwide. Chinese Publicly Traded...

World’s Fourth Oldest Auction House Sotheby’s Joins the NFT Ecosystem With a Mysterious Artist

18.3.2021
Following the $69 million non-fungible token (NFT) digital art auction at the world-famous auction house Christie’s, the British-founded American multinational corporation Sotheby’s is joining the NFT hype. Sotheby’s is partnering with a popular digital artist dubbed...

Visa Anticipates Cryptocurrency Becoming ‘Extremely Mainstream’ — Working to Allow Bitcoin Use at 70 Million Stores

18.3.2021
Visa CEO Al Kelly anticipates that cryptocurrency could become “extremely mainstream” within five years. He is working to position Visa in the middle of it should cryptocurrency take off. He further confirmed that Visa is working to allow bitcoin purchases, in addition to enabling...