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Blockchain.com Raises $120 Million in a Strategic Financing Round, Firm’s Institutional Arm Swells
17.2.2021
On Wednesday, as the leading crypto asset bitcoin has been riding above the $50k handle, the well known firm Blockchain.com announced the company has raised $120 million in a strategic financing round. Blockchain.com says the financing comes at a momentous occasion, as the firm’s wallets have...
MicroStrategy To Host $600M Private Offering to Hoard More Bitcoin from The Revenue Earned
17.2.2021
MicroStrategy, the leading business intelligence firm based in Virginia, has disclosed its plans to roll out a private offering to raise $600M funds in convertible senior notes for qualified institutional investors. The proceeds will then be used to buy even more Bitcoins according to the current...
Linkin Park’s Mike Shinoda Auctions his First Non-Fungible Token
8.2.2021
Musician Mike Shinoda, guitarist and founding member of the American rock band Linkin Park, has auctioned his first non-fungible token (NFT) for a charitable cause. The NFT, a piece of digital media titled ‘One Hundredth Stream,’’ raised over $30,000 Musician Mike Shinoda...
ProBit Exchange Retains Its Grip on the IEO Space with Nearly USD 2 Million Raised
31.1.2021
The text below is an advertorial article that was not written by Cryptonews.com journalists.
ProBit Exchange has once established itself as the pacesetter in the IEO space following several successful IEO including a massive USD 1.5 million raise for blockchain of things project SmartKey...
Former UK Cyber Intelligence Official Pushes for Law Change to Stop Bitcoin Ransomware Payments
27.1.2021
A former U.K. cybersecurity chief has raised concerns that ransomware incidents are close to “getting out of control.” Ciaran Martin has also called for laws to prevent people from paying bitcoin to cybercriminals. Former Official Claims Most of the Cybercriminals Are Based in Russia...
BSC Insurance Project Soteria Launched IFO with Great Success, Setting New Record of Total Fund Raised Reaching 2272.61%
21.1.2021
The text below is an advertorial article that was not written by Cryptonews.com journalists.
BSC Insurance Project Soteria Launched IFO with Great Success, Setting New Record of Total Fund Raised Reaching 2272.61%
Soteria, a popular insurance platform on Binance Smart Chain (BSC), officially...
Grayscale’s Michael Sonnenshein Says Institutional Investors ‘Looking for Broad Exposure’ as Company Raises $700 Million in One Day
18.1.2021
Grayscale CEO Michael Sonnenshein says institutional investors are also exhibiting a growing interest in diversifying their investments by choosing other crypto assets besides bitcoin. Sonnenshein, who was recently appointed to the CEO position, made the comments just before the revelation that...
Grayscale’s Crypto Products Raised Over $3B Last Quarter, the Most Ever
14.1.2021
Grayscale's popular bitcoin trust once again led the pack with over $200 million in inflows every week
Vauld Raises $2 Million to Establish Stronghold in India
28.12.2020
Singapore-based crypto bank Vauld is working hard to elevate crypto to the status of a separate, viable asset class. It combines the functionality of an exchange with all the essential offerings of a bank, except it’s for cryptocurrencies. Vauld Raises $2 Million The Vauld team just raised...
SEC Lawsuit: Tierion to Refund Investors From Its $25 Million Token Sale
27.12.2020
The U.S. Securities and Exchange Commission (SEC) has taken action against another startup in the crypto space for selling unregistered securities. Tierion, which raised $25 million in a token sale, has agreed to “return money to investors” and disable the trading of its token....
Electronic Frontier Foundation: US Government Will Expand Financial Surveillance Through FinCEN’s Proposed Crypto Wallet Rules
24.12.2020
The Electronic Frontier Foundation (EFF) raised concerns about the strengthening financial surveillance through the proposed crypto regulations announced by the U.S. Treasury’s Financial Crimes Enforcement Network (FinCEN). The Nonprofit Organization Is Concerned About New Rules...
Acclaimed NFT Artist’s Blockchain-Backed Digital Art Auction Raises $3.5 Million
15.12.2020
Blockchain-backed digital art is continuing to make waves and this week an artist who calls himself ‘Beeple’ raised $3.5 million during his latest non-fungible token (NFT) art collection auction. The “Everydays” collection auction included 21 original single edition Beeple...
Microstrategy Completes $650 Million Capital Raise to Fund More Bitcoin Purchases
12.12.2020
Microstrategy Inc. has raised $650 million from the sale of convertible senior notes so that it could buy more bitcoin. In a note to investors on Dec. 11, the business intelligence and mobile software firm said it completed the sale of $650 million in convertible bonds to private investors at 0.75%...
G7 Central Bankers Stress the Need to Regulate Cryptocurrencies at Latest Meeting
8.12.2020
The G7 finance ministers and central bank governors discussed the need to regulate cryptocurrencies during their latest meeting. German Finance Minister Olaf Scholz raised concerns about Facebook’s upcoming cryptocurrency. G7 Sees the Need to Regulate Crypto U.S. Treasury Secretary Steven...
Fraudulent Crypto Browser Extension Redirects to a Fake Metamask Domain
6.12.2020
A crypto intelligence firm has raised red flags about an increasing flow of comments in the crypto community about an ongoing phishing campaign, which is stealing funds from people who install a malicious browser extension. Chrome Browser Extension Is Redirecting Crypto Users to a Fake Metamask...
Jeff Bezos-Backed African App Chipper Cash Launching Crypto Trading After Raising $30 Million
22.11.2020
An African company backed by Amazon CEO Jeff Bezos, Chipper Cash, has raised $30 million and is launching a cryptocurrency trading service due to high demand for cryptocurrencies, including bitcoin. Users of Chipper Cash will be able to buy and sell cryptocurrencies as well as U.S. stocks, such...
Crypto Security Firm Fireblocks Raises $30 Million in Series B Funding, Targets Global Expansion
19.11.2020
Crypto security firm Fireblocks said Wednesday that it has raised $30 million in a Series B funding round. The money will be used to hire new talent as well as to expand its global operations to meet “institutional and retail market demand for digital assets.” The round was led...
BCH Collectibles: RPG Blockchain Game Built on Bitcoin Cash Completes Flipstarter Campaign
16.11.2020
In the near future, a non-fungible token collectible game is coming to the Bitcoin Cash ecosystem. The project dubbed “Enter the Sphere” aims to bring its NFT collectible universe to Bitcoin Cash by leveraging the Simple Ledger Protocol (SLP). Last week the team behind the project...
Quadriga CX Trustee Raises $30 Million for Reimbursements to Creditors, Claimants Want $171 Million Instead
7.11.2020
The trustee of the now-defunct crypto exchange, Quadriga CX says the sell-off of the platform’s assets raised $30 million. This contrasts with the $171 million in claims that has been filed with the trustee by Quadriga creditors. Consequently, Ernst and Young (EY), the accounting firm...
Bitcoin Proponents Bemoan Joe Biden’s Proposed Capital Gains Hike
20.10.2020
The U.S. presidential election is only 14 days away, and a number of bitcoin proponents have been discussing the capital gains tax implications Joe Biden plans to invoke if he wins the American presidency. According to Biden’s plan, capital gains will be raised from 21% to 39.6% for certain...