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While the Global Economy Shudders, Andreessen Horowitz ‘Excited’ to Invest $500M Into the Crypto Industry
1.5.2020
The private venture capital firm Andreessen Horowitz (a16z) has announced the company is investing $515 million into the cryptocurrency industry. The firm says its “excited” to bolster crypto networks and businesses. Further, the company hopes to strengthen ideas like next-generation...
ETH 2.0 Issuance Will Be 2 Million a Year at Most Says Vitalik
1.5.2020
Ethereum token issuance will be greatly reduced with Ethereum 2.0 says Vitalik Buterin
Famed Economist Speaks: ‘US Coronavirus Bailout Scam,’ American Imperialism, De-Dollarization
30.4.2020
During the last few weeks, the world has been dealing with the coronavirus outbreak. These days, however, many of the world’s citizens are growing more concerned over the government’s reactions than the virus itself. Moreover, with the U.S. economy feeling the hardship of over...
Andreessen Horowitz Raises $515 Million for New Crypto Fund, Surpassing Initial Goal
30.4.2020
Andreessen Horowitz is bullish on crypto, raising $515 million for its second industry-focused fund
160 Million USDT Tokens Minted During Bitcoin's Rise to $9K
30.4.2020
160 million USDT coins popped into existence while Bitcoin was ascending to $9,000, while whales transferred $85 million USDT to Binance
Cryptocurrency Trading Surges in Malaysia as Lockdown Cripples Economy
30.4.2020
Cryptocurrency trading in Malaysia has surged as the country endures an extended lockdown, costing its economy an estimated $550 million a day. Regulated cryptocurrency exchanges are reporting substantial growth in trading volumes and new users as people seek “a good store of value...
London Bitcoin Miner Argo Blockchain Reports 1,000% Revenue Increase to $10 Million
30.4.2020
London Stock Exchange-listed bitcoin miner Argo Blockchain Plc said on Wednesday full-year 2019 revenue rocketed 1,000% to £8.62 million ($10.78 million) from £760,000 a year earlier. The company stated that the increase was due to a realignment of operations, from consumer-oriented...
Report: Bitmain Earned Over $300 Million in 2020 Despite Rumored Problems
29.4.2020
Bitmain has already earned over $300 million this year despite rumoured economic and legal problems, new report suggests
Switzerland’s Famed “Crypto Valley” Seeks $103 Million Government Bailout
28.4.2020
Switzerland’s “crypto valley” is asking the government for 100 million Swiss francs ($102.7 million) in funding, local media reported. The once flourishing Swiss cryptocurrency industry is struggling to survive following the withdrawal of private equity investors. About 80% of...
DForce Refunds Users After Recovering Assets From $25 Million Hack
28.4.2020
Decentralized finance project dForce has reportedly refunded all users affected in a recent $25 million hack
Bitcoin Mining Equipment Maker Ebang Files $100 Million IPO for US Stock Market Listing
26.4.2020
Bitcoin mining chip maker Ebang International Holdings Inc. is seeking to raise up to $100 million through an initial public offering (IPO) in the U.S. The Chinese company will sell Class A ordinary shares of nominal value HK$0.001 (US$0.00013) per share if its IPO filing is approved. In a filing...
Bitcoin Mining Chip Producer Ebang Files for $100 Million IPO in US
25.4.2020
After seeking to conduct a $1 billion IPO in Hong Kong during 2018, Ebang is seeking to raise $100 million the United States
Dydx Processed $1.1 Billion Cryptocurrency Loans in 12 Months — 70% in Just 60 Days
23.4.2020
Cryptocurrency lender Dydx advanced a total of $1.14 billion in digital asset loans over the past 12 months. But about 70% of the money was borrowed in just two months, February and March, as coronavirus-linked volatility triggered a frenzy of borrowing among investors. Monthly volume remained...
MyEtherWallet to Offer ‘.Crypto’ Blockchain Domains to 1 Million Users
23.4.2020
Wallets may soon add .crypto domains to the list of services they provide as MyEtherWallet partners with Unstoppable Domains
Ripple Sues Youtube For Allowing Scams That Promised Returns Up to $1 Million
22.4.2020
Ripple is suing Youtube, accusing the video platform of not doing enough to eliminate crypto-related “giveaway” scams. The payment network wants to force Youtube to protect its users from such scams. Some scammers promise returns up to 5 million XRP or about $930,000 at current prices...
Overstock’s Blockchain Arm tZERO Gets $5 Million in Equity Raise
22.4.2020
Overstock’s blockchain subsidiary tZERO raised $5 million through its latest equity sale
Chinese Cosmic Cryptocurrency Ponzi Absorbs $11 Million in Three Weeks
22.4.2020
A crypto Ponzi claiming to offer cosmic powers has somehow accumulated roughly 1,600 Bitcoins in only a matter of weeks
Zcash Foundation Cuts Q1 Spending 17% to $2.7 Million – ZEC Tanks 9% in 24 Hours
21.4.2020
The Zcash Foundation cut spending by 17% during the first three months of this year due to Covid-19 pressures. In its first-quarter report, the foundation said it spent only $2.68 million from an initial budget of $3.24 million. The report says: Our budget reduction primarily stems from cancelling...
Huobi Mints $4.2 Million in Stablecoins — Is It a 4/20 Coincidence?
20.4.2020
Huobi makes a 4,200,000 minting of its HUSD stablecoin after months of inactivity
Bitcoin Price Spikes Above $7.1K, Liquidating $23 Million on BitMEX
16.4.2020
Bitcoin's price jumped by nearly $500 during the early European trading hours on Thursday, triggering mass liquidations on the crypto derivatives exchange BitMEX