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VCs Pour In $30 Billion, A 4x of 2018’s High, Into The Cryptocurrency Market In 2021

Venture capital funds have poured about $30 billion into the cryptocurrency market in 2021, which is more funding than all the previous years combined. The previous high was around $8 billion in 2018, during the bear market following the 2017 bull market where Bitcoin hit a new all-time high of $20,000. дальше »

2021-12-20 17:47


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FTX CEO And World’s Youngest Crypto Billionaire Sam Bankman-Fried Reveals What He Will Be Doing With His Vast Fortune

Founder of cryptocurrency exchange, FTX has stated that he has plans to give all his wealth to charity. The CEO was declared a billionaire by Forbes with a net worth of $25 billion. Other cryptocurrency billionaires have also made similar claims to donate to charitable causes over the course of their lives. Sam Bankman-Fried wants […] дальше »

2021-12-20 13:30


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$15 Billion Store Elektra Becomes First Retail Chain To Accept Bitcoin In Mexico

One of the largest retail stores in Mexico, Elektra has announced that it will now start accepting Bitcoin for purchases.  This is according to an announcement by the company’s founder and chairman Ricardo Salinas Pliego moments after the store changed the hero image on its website displaying the Bitcoin logo. “The rumors are true, ElektraMx […] дальше »

2021-12-18 17:00


Korean crypto exchange Upbit’s parent company Lambda256 raises $60M in Series B

Lambda256, the blockchain arm of Korean fintech firm Dunamu, announced today it has secured $60 million (70 billion KRW) in a Series B funding round that values the company at over $300 million. This round was backed by major Korean venture capitals and investors, including Dunamu, Hanhwa Systems, Chong Kun Dang, Yanolja, Daelim, VTI Partners, […] The post Korean crypto exchange Upbit’s parent company Lambda256 raises $60M in Series B appeared first on CryptoNinjas. дальше »

2021-12-16 23:28


Bitcoin Company NYDIG Raises $1 Billion in Latest Funding Round at a Valuation of $7B

Bitcoin financial services company NYDIG announced this week that it had raised $1 billion in its latest funding round led by VC firm WestCap at a valuation of more than $7 billion. Existing investors Bessemer Venture Partners, Morgan Stanley, New York Life, Mass Mutual, FIS, Fiserv, and Affirm holdings also participated in the round. дальше »

2021-12-15 22:07


Prominent investor speculates why Terra’s algo-stablecoin (UST) triumphed over Synthetix (sUSD)

As the market capitalization of Terra’s algorithmic stablecoin that tracks the value of the US dollar topped $8. 5 billion–investors speculate what is driving the adoption and how exactly did UST manage to leave the competition lagging so far behind? While fueling the DeFi market, the decentralized stablecoin sector continues to rapidly grow. дальше »

2021-12-11 01:00