Earlier this month, the Ethereum Name Service, or ENS, formed a decentralized autonomous organization, or DAO, for the ENS community. Cointelegraph spoke to two ENS DAO delegates who applied for the opportunity to represent the community and stay involved in the decision making process: Victor Zhang, CEO of AlphaWallet, an open source Ethereum wallet, and …
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November 30, 2021 – The Republic of Singapore, Singapore Solv Protocol is pleased to announce the completion of the Series A round led by preeminent venture investors Blockchain Capital, Sfermion and gumi Cryptos Capital. Solv Protocol recently announced $4 million raised in Series A round from leading venture investors including Blockchain Capital, Sfermion, and gumi …
Continue reading “Solv Raises Over $4 Million in Series A Round To Bring Voucher Finance to DeFi”
Bitcoin (BTC) is moving into the hands of long-term holders amid its weak price action, according to an on-chain analyst at the crypto analytics firm Glassnode. The pseudonymous analyst TXMC tells his 29,200 Twitter followers that BTC’s illiquid supply, the Bitcoin held by “strong-handed HODLers,” is rising even as the largest crypto asset by market …
November 30, 2021 – Singapore, Singapore BlockchainSpace, a guild hub for play-to-earn (P2E) communities, announced a $2.4 million strategic funding round today. Coming hot on the heels of last month’s seed round, the funds will be used to onboard the next 20,000 guilds worldwide and accelerate growth in the rapidly expanding NFT gaming industry. Morningstar Ventures …
November 30, 2021 – Paris, France Colony, a community-driven accelerator evolving into a decentralized autonomous organization that’s aiming to generate rapid growth in the Avalanche ecosystem, announced it has raised $18.5 million in seed funding. The round was led by the Avalanche Foundation and saw participation from Shima Capital, Hashkey, GBV Capital and Bixin Ventures. …
Solana (SOL) held onto its intraday gains on Nov. 30 as Grayscale Investments, the largest cryptocurrency fund in the world, announced that it would add SOL to its product line. The digital asset class is growing, and we’re expanding our offerings along with it! Gain exposure to $SOL, the native token of the @Solana network, …
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Cryptocurrency exchange Coinbase will acquire cryptographic security company Unbound Security in a move that will also have the U.S. company launch a research facility in Israel. In a Tuesday blog post, Coinbase said it would be purchasing Unbound to gain access to its cryptographic security experts as well as establish a presence in Israel. The …
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On Tuesday, Vladimir Putin, President of the Russian Federation, voiced his criticism at the “Russian Calling” investment forum in Moscow. According to local news outlet lenta.ru, the president made the following remarks, as translated by Cointelegraph: “It is not backed by anything, [and] the volatility is colossal, so the risks are very high. We also …
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A widely followed crypto strategist and trader is highlighting a crucial level that Cardano (ADA) must hold to keep its bullish market structure. In a new strategy session, crypto analyst Jason Pizzino tells his 242,000 YouTube subscribers that Cardano is still in a macro bullish trend despite the smart contract platform’s massive decline from its …
In 2010, if someone had told you that Internet memes, digital artwork and Twitter avatars would sell for hundreds of thousands of dollars, would you have believed them? Well, these are nonfungible tokens, or NFTs, in a nutshell. NFTs are driving blockchains toward uncharted territory on the backs of cute kitties and pixelated punks. What …
Continue reading “NFT sales aim for a $17.7B record in 2021: Report by Cointelegraph Research”
MetaMundo, a virtual nonfungible token (NFT) marketplace focused on metaverses, has announced the completion of a seed funding round of $2.7 million. Led by Animoca Brands, MetaMundo’s debut funding further included Hypersphere Ventures, Digital Currency Group, OP Crypto, Metaartel Ventures and angel investments from the co-founders of Aave and Rarible, among others. Built upon layer-two …
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The use of cryptocurrencies to evade international sanctions from various international governmental organizations like the United Nations (UN), the International Monetary Fund (IMF) and the World Bank, among others, has been a concern for regulators ever since the creation of cryptocurrencies. The rapidly increasing adoption of digital currencies in the last two years makes this …
Continue reading “Crypto’s impact on sanctions: Are regulators’ concerns justified?”
Avalanche ecosystem accelerator Colony has raised $18.5 million in seed investments to bootstrap the next generation of Avalanche blockchain projects, underscoring heightened demand for the proof-of-stake ecosystem. The investment round was led by the Avalanche Foundation, an organization overseeing ecosystem development grants, with additional participation from Shima Capital, HashKey, GBV Capital and Bixin Ventures. Members …
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Popular crypto analyst Michaël van de Poppe thinks things will get worse in the digital asset markets before they get better. The crypto trader tells his 510,700 Twitter followers that he could see Bitcoin (BTC) dropping to the $49,000 range in the next month or so. Van de Poppe does believe, however, that altcoins will …
2TM, the parent company of Brazilian cryptocurrency exchange Mercado Bitcoin, has received $50.3 million in fresh financing to expand its operations across Latin America, sending a strong signal that venture capital sees growth potential in the region. The Series B fundraiser had participation from United States-based funds 10T and Tribal Capital, as well as Brazilian …
Continue reading “Mercado Bitcoin parent company 2TM raises $50M, further cementing unicorn status”
