The crypto market recently hit an all-time high in total market cap as it rose above $3 trillion. This milestone was achieved in a little over a decade with many digital assets scoring the title of best performers in the past decade, but demand for crypto seems still far from reaching its peak as Bitcoin alone outshines the internet in terms of adoption. In that sense, the crypto exchange platform CoinEx is quickly moving up as a leading platform that grants access to crypto enthusiasts to Bitcoin, Ethereum, DOGE, and…
Day: December 16, 2021
The Most Prominent NFT Platforms and Their Tokens
NFT technology is gaining momentum and conquering new markets, so new platforms offer services for the creation, purchase, and sale of NFT tokens. The NFT industry already has millions of dollars. It attracts new artists, musicians, and other creative people who want to earn money and protect their artworks. That is why we will consider which platforms and tokens should be invested in next year. What is NFT? NFT is a non-fungible token, often known as a one-of-a-kind token. NFTs operate on the blockchain and initially debuted on the Ethereum…
S. Korean Lambda265 Closes $60M Series B at $300M Valuation
Lambda265, the blockchain arm of South Korean crypto exchange operator Dunamu, closed a $60 million (KRW 71 billion) Series B funding round, bringing its valuation to $300 million, according to a Wednesday press release. The firm will use the funds to invest in its blockchain-as-a-service (BaaS) products, which are used by 3,300 corporate clients, according to the statement. Its flagship platform, Luniverse, helps companies build and manage blockchain systems. Shinhan Venture Capital, Daelim, KB Investments and SBI Investments, which are new investors to the company, also use Lambda265′s BaaS products,…
S. Korean Lambda265 Nabs $60M Series B at $300M Valuation
Lambda265, the blockchain arm of South Korean crypto exchange operator Dunamu, closed a $60 million (KRW 71 billion) Series B, bringing its valuation to $300 million, according to a Wednesday press release. The firm will use the funds to invest in its blockchain-as-a-service (BaaS) products, which are used by 3,300 corporate clients, according to the statement. Its flagship platform, Luniverse, helps companies build and manage blockchain systems. Shinhan Venture Capital, Daelim, KB Investments, and SBI Investments, which are new investors to the company,…
Undefeated Gilberto ‘Zurdo’ Ramirez Heads to the Ring With Bitcoin.com in His Corner – Promoted Bitcoin News
Gilberto ‘Zurdo’ Ramírez, a Mexican boxer with an impeccable professional record, is warming up for a Saturday night bout, one last hurdle before getting a shot at the World Boxing Association (WBA) light heavyweight title. Ramirez will face Yunieski Gonzalez in a final eliminator securing a chance to defeat the unbeaten champion, Dmitry Bivol. Bitcoin.com is backing Zurdo’s push for the top spot in an exciting partnership for both sides. Zurdo Prepares for Title Eliminator With Bitcoin.com Gilberto Ramírez, the 30-year-old former WBO super middleweight champion, with five title defenses…
November was a Good Month for Cryptocurrency Hedge Funds
Hedge funds offering exposure to a more diverse portfolio of cryptocurrencies outperformed bitcoin last month after the benchmark digital asset fell off its all-time-high. Bitcoin’s gains are also tempered somewhat because there are an increasing number of instruments to bet against the inexorable rise of the cryptocurrency versus many altcoins. In signs of broader adoption and search for greater returns, hedge funds offering exposure to a more diverse portfolio of cryptocurrencies outperformed bitcoin last month after the benchmark digital asset fell off its all-time-high. While bitcoin ended the month lower…
Payment Services Giants See Crypto as Opportunity, Not Threat: MoffettNathanson
Payment services giants Visa, Mastercard and PayPal don’t see the rise of the crypto industry as a threat, and both will continue to invest across the crypto ecosystem, New York-based research firm MoffettNathanson told clients in a note Wednesday. Source
Trava Knight NFT Open to All, Trava to Expand NFT Rental Marketplace Utilities for Lending Pool – Sponsored Bitcoin News
sponsored Something exciting & sensational is coming for NFT collectors and enthusiasts alike to look forward to. Trava.Finance is launching #KnightNFT for enabling NFT-collateralization. By opening the NFT marketplace for everyone and facilitating collateralization, we can see more activity in the future & benefits. This will enable Trava.Finance to progress towards achieving their goals and introducing more NFT utilities in their lending pool. Read on to find out more about the thrilling launch and what Trava.Finance is up to, in detail. Introducing Trava Knight NFT Trava.Finance is the world’s first…
Dorsey And Jay-Z’s Blind Trust To Fund Bitcoin Development Reveals Board Members
The 500 BTC blind trust announced its board of directors. Back in February, Jack Dorsey and Jay-Z created the ₿trust with a clear mission. To “make bitcoin the internet’s currency.” The four individuals in charge of making that happen are now public knowledge. Three of them are from Nigeria, a country whose Central Bank prohibited banks to process Bitcoin and other cryptocurrencies transactions. And is now one of the world’s leading P2P Bitcoin markets. Related Reading | Spiral BTC Releases Lightning Development Kit. Jack Dorsey’s Puppet Promotes It Bitcoin’s price…
Solana Ventures, Forte, and Griffin Gaming Launch $150 Million Web3 Fund – Bitcoin News
Solana Ventures, the investment arm of Solana Labs, has announced a new investment fund to bring more Web3 products to its network. In partnership with Forte, a company that provides tools for blockchain integration on games, and Griffin Gaming, a VC company invested in the global gaming market, Solana Ventures will open a $150 million fund. Solana Ventures to Incentivize Game Development Solana Ventures, the capital arm of Solana Labs, has launched a new fund to entice developers to build gaming applications on top of Solana. The fund,…