Blockchain.com funding was led by DST Global, Lightspeed Venture Partners and VY Capital. Blockchain.com, a global cryptocurrency exchange with other crypto-focused services, has raised $300 million from private investors bringing its market valuation to $5.2 billion according to Wall Street Journal. Notably, WSJ also noted that the Blockchain.com funding was led by DST Global, Lightspeed Venture Partners, and VY Capital. Blockchain.com was founded back in 2011 and has over time been involved in several fundings. Back in 2014, the company closed a $30.5 million fundraising round led by Lightspeed Venture…
Day: March 24, 2021
BitClout Receives Cease-and-Desist Letter after Firm Raised Undisclosed Amount from 11 Investors
A law firm slammed BitClout with a Cease-and-Desist letter for using Brandon Curtis’s identity without consent. Controversial social network BitClout has received a cease-and-desist letter after the company conducted its financial round and added new investors. The legal warning addresses the alleged head of the social network Nadar Al-Naji for using the likeness of Brandon Curtis, the product lead at decentralized token exchange Rader Relay. BitClout Receives Cease-and-Desist Letter The law firm representing Curtis, Anderson Kill P.C. issued the cease-and-desist letter. The law firm said that Al-Naji breached California’s Civil…
Bilibili Raises $2.6 Billion ahead of Its Public Debut in Hong Kong
Following the public listing moves, Bilibili will commence trading in Hong Kong on March 29 under the code “9626.” Chinese technology company and video game publisher Bilibili Inc (NASDAQ: BILI) has raised 20.2 billion Hong Kong dollars ($2.6 billion) ahead of its public listing in Hong Kong. As reported by CNBC, the firm noted it priced the 25 million shares it issued for the listing at 808 Hong Kong dollars each. The initial plans to pursue a secondary listing were first revealed earlier in January. It is not uncommon for…
Coinbase Pro Announces Support for Ankr (ANKR), Curve (CRV) and Storj (STORJ)
The cryptocurrency exchange will start trading these crypto after 9AM Pacific Time (PT) Thursday, March 25, if liquidity conditions are met. On Tuesday, March 23, cryptocurrency exchange Coinbase Pro announced support for three new tokens – Ankr (ANKR), Curve DAO Token (CRV) and Storj (STORJ). The announcement stated that users can start transferring these tokens to their accounts ahead of trading. Thus, these tokens will be available for trading in all Coinbase supported jurisdictions. However, there’s a small caveat that CRV won’t be available for New York-based Coinbase users. The…
Crypto.com Launches Its NFT Marketplace with Exclusive Content from Snoop Dogg, Others
Though debuting as an invite-only platform, for now, the Crypto.com NFT Marketplace will notably onboard more creators in the near future according to Joe Conyers III who has been appointed to lead the new outfit. Hong Kong-based cryptocurrency exchange Crypto.com has unveiled the launch of its Non-Fungible Token (NFT) marketplace, touting it to be the most user-friendly NFT platform to be created. Per the official announcement, the trading firm unveiled a host of artists, sports veterans, and others that will be creating exclusive content for the platform which is billed…
Ethereum-based Decentralized Exchange Uniswap Unveils Timeline for Version 3 Launch
The Uniswap Version 3 will introduce major changes in terms of giving better control to LPs over their money as well as setting up a dynamic fee structure for different pools. On Tuesday, March 23, popular decentralized exchange (DEX) Uniswap finally announced the launch of its much-awaited Version 3. With the DeFi craze over the last few months, Uniswap (UNI) has emerged as the largest DEX platform in the crypto world. Besides, its native UNI DeFi token is now the eighth-largest crypto in the world. In its announcement on Tuesday, Uniswap…
Convergence Protocol Set to List $CONV Tokens on Polkastater for Its Lucky IDO Draw Winners to Participate
Convergence protocol is set to offer users the ability to tokenize real-world assets. Decentralized interchangeable asset protocol Convergence has announced the closure of its IDO draw and set to list its $CONV tokens in Polkastater on March 25, 2021. The Convergence team previously announced that over 1000 lucky winners will participate in the project’s launch on Polkastater. “The Convergence team is excited to announce that the whitelist emails are sent to over 1000 community members,” Convergence said through a Medium post earlier this week. Notably, the selected lucky winners are…