The intrinsic value of crypto beyond the financial cycles

Over the past three years of operation, my colleagues at ARPA and I have had the opportunity to reflect in-depth on the nature of blockchain technology and its applications. What do these obscure terms like decentralization, immutability, fairness, and transparency mean for human society? We share our thoughts, which we’ve formulated into eight concepts, with …

Algorand (ALGO) is all set to get institutional custodian support via Copper

Copper, a crypto custodian firm, has revealed that it will now be offering support to ALGO, the token of Algorand blockchain, and its other product, better known as Algorand Standard Assets (ASAs). .@CopperHQ announced that they are providing support for the Algo as well as ASAs! Read more on how their award-winning custody solution will …

Softbank Invests $200 Million in Brazilian Crypto Trading Platform Mercado Bitcoin

The multinational conglomerate holding company headquartered in Tokyo, Softbank operates a Latin America Fund that invests in startups focused on identification technology, e-commerce, education, fintech and now cryptocurrency solutions. The Softbank Latin America Fund revealed on Thursday that it invested $200 million in the crypto-asset exchange Mercado Bitcoin. Mercado Bitcoin’s $200M Capital Raise: Softbank Funds …

NBA Star Spencer Dinwiddie’s Crypto-Fueled Social Media App Raises $7.5 Million

According to an announcement revealed on Thursday, Spencer Dinwiddie’s token application called Calaxy has raised $7.5 million in funding. The American professional basketball player for the NBA’s Brooklyn Nets has been a fan of blockchain technology for quite some time, as the point guard raised $1.3 million tokenizing his contract on the Ethereum blockchain. Hedera …

Little known ‘Baby Doge Coin’ jumps 100% after Musk tweet

Elon Musk tweeted about the recently launched Baby Doge Coin token leading to a huge price spike. Similarly, Musk earlier tweeted “Release the Doge!” accompanied by a meme from The Godfather movie. The price of Dogecoin responded by painting a big green hourly candle. Baby Doge, doo, doo, doo, doo, doo,Baby Doge, doo, doo, doo, …

Ethereum token ‘WhaleFarm’ drops 99% in latest DeFi scam. Team steals $2 million

Decentralized finance (DeFi) project WhaleFarm joins the fast-growing list of exit scams,  hijacking millions as its native token’s value plummeted by almost 100% in minutes. Recently, the project’s anonymous developers launched yield farming, a staking opportunity for investors to lock up their crypto in return for high rewards. Fast exit The project witnessed growth as …

NFT Marketplace Backed by Mark Cuban Raises $13 Million in Series A

The Mark Cuban-backed non-fungible token (NFT) marketplace Mintable has raised $13 million in a Series A funding round, according to an announcement on Thursday. The Singapore-headquartered Mintable, plans to use the funds to expand its offerings, as the application already features 700,000 NFTs minted on the Mintable platform. NFT Marketplace Mintable Raises $13 Million On …

Torum, the Swiss Army Knife of the Crypto Ecosystem

sponsored If you ever wondered why crypto projects rise and fall so quickly, you are not alone. In fact, barely 7 months after the 2017 bull run ended, over 800 projects have ceased to exist like a puff of smoke. To understand the reason why 90% of crypto startups are going to fail, there are …

World Wide Web Inventor Tim Berners-Lee Sells NFT for $5.4M — ‘Embarrassing’ Coding Error Spotted in NFT

Sir Timothy John Berners-Lee, the English computer scientist who is well known for inventing the world wide web has sold a non-fungible token (NFT) in an online auction hosted by the auction house Sotheby’s. The NFT is basically a video of the World Wide Web’s source code created in Python and the collectible sold for …

George Soros’ Investment Fund Is Reportedly Trading Bitcoin Products

The Hungarian-born American billionaire investor George Soros’ investment fund is actively trading bitcoin investment products, according to reports. Undisclosed sources reveal that bitcoin trading got the green light from the Soros Fund Management chief investment officer (CIO) Dawn Fitzpatrick. Soros Fund Management Reportedly Has ‘Greenlight’ to Trade Bitcoin At the end of March, Bitcoin.com News …

Novogratz: China’s Bitcoin (BTC) ban was a positive in many ways

In a recent interview, Galaxy Digital CEO Mike Novogratz said Bitcoin had shown resilience in the face of FUD coming out of China. In an attempt to spin the narrative, Novogratz said the events of the past few weeks have been “an amazing test.” Judging by Bitcoin’s defense of $29k so far, he may have …

Techstars signs on Alphabit and Launchpool to start a crypto ‘accelerator’ in London

Global venture fund network Techstars announced a new crypto- and blockchain-focused accelerator program yesterday, as per a release.  The program will run in partnership with Alphabit Fund, the first regulated cryptocurrency and digital asset investment fund, and Launchpool, a regulatory compliant investment platform that offers private seed guaranteed investment opportunities to its 35,000 member community. …

Comments by U.S congressman show boomers don’t “get” crypto

U.S Congressman Bill Foster said laws should be passed allowing federal courts to identify crypto holders and reverse transactions if deemed necessary. Legacy invested boomers setting crypto policy doesn’t compute Foster made the remarks in commenting on calls for greater regulatory clarity on crypto, including taxation policy. Not only are they tinged with misconceptions, but …

Centre to Expand USDC to Ten More Blockchains; Launches on Tron

Centre, the consortium behind the issuance of USD Coin (USDC), announced it will launch the popular asset on 10 more blockchains. This would expand the reach of USDC to other environments and could make it more popular as a commercial and staking currency. While Centre made the announcement only recently, USDC surprisingly launched on Tron …

Elon Musk Tweet Sends New Baby Doge Coin Soaring — Meme Token’s Daily Gains Jump 228%

While dogecoin and the ERC20 token shiba inu have surprised the masses with phenomenal gains this year, another dog token has entered the fray. A coin project called “Baby Doge” has risen 228.3% during the last 24 hours and even more so after Tesla’s CEO Elon Musk tweeted about the crypto asset. Another Canine Crypto …

Please enter CoinGecko Free Api Key to get this plugin works.
Exit mobile version