Saber, a Solana-founded exchange for cross chains, collected $7.7M during a round of seed funding. The platform was started in the last month and allowed the cross-chain conversation of wrapped assets as…
Category: Crypto
Bank of America Talks about El Salvador’s Bitcoin Strategy
As per the latest reports, the Bank of America has shared its views on the strategy that El Salvador has adopted in terms of Bitcoin adoption. Bank of America is currently counted…
Russian Engineers Revived Telegram’s Blockchain
Cryptocurrency markets so far this year have remained uncertain, thanks to China’s ban on financial institutes from providing any services to crypto exchanges. The future of cryptocurrency markets would further enhance the…
Coinbase Ventures Backs Ethereum-Based Streaming Network
In a recent development, Coinbase decided to back Ethereum. Some of the world’s biggest VCs, joined hands to fund Livepeer’s $20-million Series B. The list of the VCs includes Coinbase Projects: CoinFund,…
Robinhood IPO Valued Lower Than Expected, as Firm Valued at $32B
Robinhood is one of the most popular stocks and crypto-trading apps. Robinhood’s latest Initial Public offering (IPO) has helped the internet app to bag $32 billion. Despite the fact that Robinhood is…
Stone Ridge Asset Management Registers A New BTC Fund With The US SEC
NYDIG’s parent company, Stone Ridge Asset Management, has not hidden the fact that it has been busy trying to gain innovative new investment vehicles for the world’s biggest crypto, Bitcoin (BTC). Just…
PayPal is Getting Even Further into Cryptocurrency Industry
Since the end of 2020, PayPal has shown tremendous interest in the adoption and bringing more exposure to the cryptocurrency industry. If a reward was to be given to a mainstream institution…
Withdrawal Limits Reportedly Cut by Binance Followed by another Alarming Announcement
It has been a complete month since Binance has been undergoing aggressive scrutiny by the regulators against its services. The exchange has been trying its best to maintain a decent dialogue with…
Russian ‘Time Capsule’ will Facilitate Inheritance of Crypto Assets
A new service is under development by researchers in Moscow, which will enable people to transfer their digital data to any heirs they may have, including their crypto keys. This ‘time capsule’…
Tesla Discloses $23 Million in Impairments Related to Bitcoin
On Monday, Tesla said that a bitcoin-related impairment worth $23 million put some stress on its quarterly operating income. In the announcement for its earnings for the second quarter of 2021, the…
Fidelity Reveals Majority of Institutional Investors Liked Digital Assets, but There Is a Hook
Recently Fidelity Digital Assets conducted a survey, the survey’s results have revealed that 70% of the world’s institutional investors have voiced in the favor of digital assets. Investors who were previously investing…
Leading NFT Marketplace OpenSea Secures $100M In Series B Funding Round
Andreessen led a Series B financing round for OpenSea. The $100m raised provides the company with a $1.5 b valuation. OpenSea is a modern unicorn in the NFT market OpenSea is planning…
Yale And Fed Researchers Have Laid Out Two Regulatory Frameworks For Stablecoins
Gary B. Gorton (the professor at Yale School of Management) and Jeffery Zhang (an advocate the legal section of the Federal Reserve System of the United States) have mutually formulated a document…
Cardano (ADA) Might Plunge to $1.11 before Moving Higher
Briefly – Cardano had its price piercing the 18 July upswings at $1.21, showing buyers revival. Although the coin may try to overcome $1.25, it might have to deal with a retracement…