Mike Novogratz’s investment management firm Galaxy Digital has reportedly participated in a $50 million funding round for Figment, a crypto staking startup. According to Bloomberg on Monday, Galaxy Digital joined investors like Anchorage and Bonfire Ventures in a Series B funding round led by Senator Investment Group and Liberty City Ventures. The company is now …
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Solana blockchain’s native asset, SOL, soared to a new record high on Monday. The SOL/USD exchange rate rose by 26.12% to $65.467 on the Binance exchange after traders assessed a flurry of infrastructural developments in the Solana ecosystem, including a recent $70-million crowdfund to support its blockchain-powered decentralized exchange, Mango Markets. Solana ecosystem upgrades Mango …
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Although it seemed crypto hacks were on the decline, just recently, the market bore witness to one of the largest-ever attacks in the young history of decentralized finance (DeFi), wherein an unknown hacker was able to exploit a loophole in cross-chain protocol Poly Network’s digital framework, thereby walking away with a cool $610 million from …
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Billionaires Elon Musk and Mark Cuban say that meme cryptocurrency Dogecoin (DOGE) is the strongest medium of exchange among digital assets. Cuban tells CNBC Make It that Dogecoin is carving out a niche that gives it an edge over other crypto assets. ADVERTISEMENT “It’s a medium that can be used for the acquisition of …
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Being a crypto-friendly country has paid off in terms of adoption, as a new study about Singapore revealed. “The State of Crypto in Singapore Report 2021,” conducted by crypto exchange Gemini in partnership with CoinMarketCap and Seedly, found that more than two-thirds of Singaporeans who have financial investments currently hold crypto. The report, which sampled 4,348 …
Continue reading “Ether is more popular than Bitcoin in Singapore, new study finds”
Singapore is reportedly the next port of call for Kakao’s globalization agenda for its legacy blockchain platform Klatyn. According to a report by The Korea Herald on Monday, Kakao has established two new blockchain-based entities — the Klatyn Foundation and Krust — in the city-state. The Klatyn Foundation is a non-profit organization while Krust serves …
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North American retail giant Walmart is looking for an experienced crypto expert who can develop and drive an ambitious digital currency strategy and product roadmap. In the listing for the role, Walmart indicates it is looking for someone who has a track record in leading and scaling businesses, with at least 10 years of experience …
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Bitcoin (BTC) is approaching its second attack on pivotal resistance this week as bulls remain firmly in the driver’s seat. After a mixed weekend that saw both a run on $48,000 and a major rejection at that level, Bitcoin is already back, having made up all of its losses. With conditions broadly favorable for continued …
Electron Cash, a leading bitcoin cash wallet, has implemented a new feature called Reusable Payment Addresses. While still in its testing stages, this feature is a tool that can be leveraged to acquire a deeper level of privacy for your transactions, due to how it detaches public addresses from payment history, giving Bitcoin Cash some …
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According to the blockchain intelligence firm Elliptic, cybercriminals are leveraging cryptocurrency analytics to get ahead of law enforcement. Elliptic says a “blockchain analytics tool has been launched on the dark web” and the tool is called “Antinalysis.” Meet the Blockchain Analytics Tool ‘Antinalysis’ Hosted on Tor On August 13, the blockchain surveillance company Elliptic published …
Alberto Fernandez, the president of Argentina, stated he is open to the adoption of cryptocurrencies as legal tender in an interview this week. Fernandez said there is a big discussion around the value and use of cryptocurrencies not only in Argentina but also all over the world. However, he recognized this issue should be treated …
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press release PRESS RELEASE. AscendEX, a global cryptocurrency platform, is excited to announce its newest listing: iTrust token (ITG), under the pair USDT/ITG on AUG 17 at 1 p.m. UTC. In celebration of the listing, AscendEX and the iTrust Finance team will jointly launch three limited-time promotional events providing participants a chance to share 50,000 …
Blockchain analytics firm Santiment says Bitcoin and Ethereum are flashing on-chain strength while Cardano and XRP are showing signs of fundamental growth. Santiment tells its 87,500 Twitter followers that the supply of Bitcoin (BTC) on crypto exchanges has dropped to its lowest level in over two years. ADVERTISEMENT “Bitcoin’s supply on exchanges has dropped …
Windows operating system and Office productivity suite have always been top performers on any software piracy platforms. So, it’s no wonder that Microsoft, the developer of both products, works hard to establish anti-piracy measures. In a new paper released by Microsoft’s research department, with the participation of researchers from Alibaba and Carnegie Mellon University, the …
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The latest craze in animal themed nonfungible tokens has been such a big hit that it has become the top burner of Ethereum transaction fees over the past 24 hours. CyberKongz, which started as a collection of 1,000 unique NFTs in early March 2021, has surged in popularity recently. So much so that it has …
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