Fireblocks, a blockchain infrastructure firm, raised $310 million in its most recent funding round, reaching a valuation of $2 billion. The company, which specializes in the custody of digital assets, is interested in bringing traditional assets to the blockchain realm. Fireblocks expects this trend of digitalization to keep growing in the recent future. Fireblocks Raises …
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Following the announcement from the National Basketball Association’s (NBA) Boston Celtics, the Cleveland Cavaliers has officially partnered with the blockchain firm Socios.com. The partnership is aimed at increasing the Socios brand and awareness via the Cavaliers’ global asset platform. Socios Partners With the Cavs On July 26, Socios.com and the NBA team, the Cleveland Cavaliers, …
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According to a recent report, the first trust-less swap between the Bitcoin blockchain and Stacks protocol has been executed. The co-founder of the Stacks protocol, Muneeb Ali tweeted about the native bitcoin swap and said the progress is a big deal. Trust-less Native Bitcoin Swap Executed With an NFT Called ‘Boombox’ On July 23, a …
Crypto legal expert Jeremy Hogan has named what he thinks is Ripple’s strongest defense against the US Securities and Exchange Commission (SEC) in the lawsuit involving XRP. The SEC has accused Ripple of illegally issuing XRP to investors as a security and alleges that the token is still one today. ADVERTISEMENT In a new …
Crypto veteran Bobby Lee thinks Bitcoin will skyrocket in price by the end of 2021. Lee, who accurately called for a 50% drop in BTC once it approached the $70,000 level, thinks the largest digital asset will sail past its current all-time high and print a massive rally by the end of the year, according …
July 27, 2021 – Midtown, Gibraltar Panther Protocol, the privacy protocol, has partnered with VegaSwap, the automated market maker (AMM) protocol with multichain support. VegaSwap is a user-centered automatic market maker that leverages multichain technology, providing users with a wide range of DeFi and cross-chain applications through its platform. It supports and enables seamless token …
US Senator Gary Peters (D-MI) says that a senate committee that he chairs will look into methods that discourage the use of cryptocurrencies in cybercrimes. Senator Peters, who chairs the Homeland Security and Governmental Affairs Committee, says cryptocurrencies have become cyber ransomers’ “medium of choice.” ADVERTISEMENT “In fact, there has been a 150% increase …
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Decentralized finance (DeFi) remains one of the fastest-growing subsectors of the cryptocurrency ecosystem and newly launched platforms looking to grow their userbase and attract liquidity typically offer high-interest staking pools for the first few weeks after launching. One new project that has steadily gained traction in terms of user growth and total value locked (TVL) since …
Continue reading “Here’s why DinoSwap’s (DINO) TVL rose above $330M a week after launch”
A cat-themed animated series, featuring prominent entertainers and personalities from the crypto space, is reportedly back on schedule after an unexpected delay. Stoner Cats is an NFT series launched by actress Mila Kunis in partnership with CryptoKitties co-founder Mack Flavelle, CryptoPoops NFT creator Jonathan Howard, and others through their recent endeavor Big Head Club. The …
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The wider cryptocurrency market entered a period of consolidation on July 27 following Bitcoin’s (BTC) brief spike above $40,000 the day before that helped ignite a rally across the market and brought a renewed sense of optimism to the market. Data from Cointelegraph Markets Pro and TradingView shows that a mid-day attempt by bulls to …
Continue reading “October 2020 Déjà vu? Bitcoin pullback at $38K has traders at odds over next move”
Stock and cryptocurrency trading app Robinhood is reportedly exploring a way for users to be better protected from volatile crypto prices. According to a Tuesday Bloomberg report, the trading app is working on a feature called “price volatility protection,” which would modify certain crypto orders depending on fluctuations in price. A message in the feature’s …
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July 27, 2021 – Las Vegas, Nevada iM Intelligent Mining (iM), a provider of environmentally responsible energy solutions for powering cryptocurrency mining operations, is delighted to welcome energy veteran Roy Phillips to join its board of advisors. Roy is the founder and CEO of REP Energy, a photovoltaic solar project developer that works with investors …
A prominent crypto strategist and trader predicts that Bitcoin is about to enter a parabolic second phase of the bull market and that something similar could be in store for Ethereum. Widely followed crypto analyst Kaleo tells his 338,900 followers that the second chapter of Bitcoin’s bull run will push BTC well above six figures. …
Powers On… is a monthly opinion column from Marc Powers, who spent much of his 40-year legal career working with complex securities-related cases in the United States after a stint with the SEC. He is now an adjunct professor at Florida International University College of Law, where he teaches a course on “Blockchain, Crypto and …
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Dash has announced the launch of DashDirect — a consumer app that allows users to spend the DASH cryptocurrency in stores across America. In an announcement released on Tuesday, Dash revealed that the new customer-focused app will offer up to 12% in savings on purchases by users. Detailing the rebates and discount features, Mashall Greenwald, …
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