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Bitcoin Dives Below USD 39K, Ethereum Breaks 2.9K, Altcoins in Red

21.1.2022
  Bitcoin price tried to clear the USD 43,500 resistance zone. However, BTC struggled to gain pace and started a decline below USD 41,200. There was a break below USD 40,000 and the price is currently (04:18 UTC) consolidating losses near USD 38,700. Similarly, most major altcoins declined...

Andreessen Horowitz Eyes USD 4.5B For New Crypto Funds

20.1.2022
  As another sign of venture capital money increasingly fueling the cryptosphere’s disruption of legacy finance, US venture capital firm Andreessen Horowitz (a16z) has unveiled plans to raise up to USD 4.5bn to launch new crypto-focused funds -- potentially more than doubling the amount it raised...

New Investors and $400 Million Funding in Secret Network

20.1.2022
Shockwave was recently revealed by Secret Network. It is a growth-oriented initiative that is aimed to strengthen the grounds of Secret Network as a pillar and data privacy hub for Web3. Secret Network has now made three announcements under the initiative. The first announcement reveals a list...

CRO Jumps as Crypto.com Releases USD 34M Hack Report

20.1.2022
  CRO, the native token of major crypto exchange Crypto.com, is moving up today, as the company published a report detailing the recent attack and the loss of almost USD 34m -- adding that it has reimbursed the affected users. "The incident affected 483 Crypto.com users. Unauthorized withdrawals...

Why Is Litecoin Sinking? Will LTC Retest $120 Mark?

19.1.2022
Litecoin was among the top five cryptocurrencies a few years ago. After the founder of LTC, Charlie Lee, declared that he sold all his LTC to focus more on the development of blockchain technology, then the price of the coin declined significantly.  It is designed on a Bitcoin protocol to enable...

Microsoft Makes a USD 69B Gaming & Metaverse Bet

18.1.2022
  Tech giant Microsoft has announced plans to acquire Activision Blizzard, a major game developer and an interactive entertainment content publisher. Microsoft said it will acquire Activision Blizzard for USD 95.00 per share, or around 45% more than it was valued before the announcement, in...

GameFi Operator Digital Entertainment Asset Closes $12 Million Seed Round

18.1.2022
Singapore-based Digital Entertainment Asset Pte. Ltd. (DEA), a leading GameFi company operating in the play-to-earn (P2E) gaming arena, has officially finalized a $12 million seed fundraising round. The round was underwritten by JAFCO Investment Ltd., corporate participants, seven publicly-listed...

Security of $BURG Token Gets Compromised. Investors Lose $770K

18.1.2022
Hacking in the domain of cryptocurrencies is not a new phenomenon. It has been around since the segment came into being, and the latest attempt was executed by hackers on Crypto Burgers. There is a security breach suffered by the $BURG token, and PeckShield Inc. has informed the people of the...

Crypto.com Reportedly Loses $15M After Pausing Withdrawals

18.1.2022
The crypto market is full of uncertainties, and not just in a standard manner. Crypto.com realized it recently as the platform experienced several customers reporting alleged thefts and suspicious activities. The platform had to pause its withdrawal functionalities to address the concern. While...

Burnt Finance Raises $3 Million in Funding for NFT Marketplace

18.1.2022
Burnt Finance is a startup in the cryptocurrency domain that is working extensively on the idea of improving the auction process related to non-fungible tokens (NFTs). In order to expand its presence among potential investors and users, the organization has now raised $3 million in a funding round...

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