Day: January 20, 2022

Opensea Acquires Dharma Labs, Co-Founder Is Named New CTO – Metaverse Bitcoin News

boss

Opensea, one of the biggest NFT marketplaces globally, recently announced it is acquiring Dharma Labs. The price is believed to be between $110 million and $130 million. As a result of the new agreement between the two companies, Nadav Hollander, a co-founder at Dharma Labs, will become the new chief technology officer (CTO) at Opensea. Opensea’s New Valuation One of the leading marketplaces for NFTs globally, Opensea recently confirmed it is acquiring the defi crypto wallet startup Dharma Labs. The acquisition of Dharma Labs for a price thought to be…

Stader Labs Raises $12M in Strategic Sale as It Builds ‘Staking as a Service’ Business

Staking platform Stader Labs announced Thursday it has closed a $12.5 million private sale led by Three Arrows Capital, valuing the Bangalore-based company at $450 million. Staking is part of the consensus mechanism of Proof-of-Stake (PoS) protocols. Instead of relying on computers solving arbitrary mathematical problems to validate transactions on the blockchain, as is the case with Proof-of-Work, PoS randomly selects those that have staked large amounts of crypto to the chain to be validators. The more staking that occurs on a chain, the more secure the network is. Those…

61% of Americans may purchase crypto in 2022, new survey says

boss

Interest in crypto continues to grow as Americans show their excitement in the future of digital assets. The first annual Crypto Confidence Survey published by publicly-traded cryptocurrency platform Voyager Digital examined Americans’ experiences with crypto and their perspectives on how crypto will perform in 2022. The report shows many positive sentiments. The survey’s findings revealed that nearly two-thirds of respondents declared themselves to be crypto bulls while 61% mentioned that are likely to purchase crypto this year. While Voyager did not disclose the exact number of respondents, the results show…

The 3 Reasons Behind Bitcon-Holder El Salvador’s Deteriorating Creditworthiness

CryptoX – Cryptocurrency Analysis and News Portal El Salvador’s CDS has tripled, though as shown in the chart, it’s a very illiquid, hence the very spikey price action, ADMISI’s Ostwald said in an email. “As for other emerging markets, the picture is heavily divergent, depends on region, but the overall JPM EM Bond avg spread has drifted wider, mostly on the back of rising U.S. rate expectations.” Original Source The post The 3 Reasons Behind Bitcon-Holder El Salvador’s Deteriorating Creditworthiness appeared first on CryptoX. CryptoX Portal

Gemini Dollar

The Gemini Dollar (GUSD) is a stablecoin pegged to and backed by US dollars held in FDIC-insured bank accounts. The funds held in reserves are routinely audited by the accounting firm, BPM LLP. GUSD was created by cryptocurrency exchange Gemini, which was founded by Cameron and Tyler Winklevoss in 2014. Gemini received approval from the New York Department of Financial Services (NYDFS) to launch its stablecoin in 2018. The company has claimed that GUSD is the first regulated stablecoin, though Paxos also launched a NYDFS regulated stablecoin the same day.…

Cryptocurrency Market Update 2022 | BTC XMR LTC SHIB MATIC NEAR

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Cryptocurrency Market Update 2022, A Quick Look At Popular Crypto Charts Sign Up For My FREE Newsletter! 👑 👑 👑 Top Exchanges (Affiliate Links) 🔵 ByBit* 🟡 Phemex* 🔵 Binance* Charting Software / Technical Analysis Platform 🔵 Trading View 🟡 Market Cypher Misc. 🟡NordVPN: Earn APY Platforms 🔵 Blockfi (GET $250 BTC): *May not be available in your area, US citizens not allowed #cryptocurrency #crypto #bitcoin#tomcrown 00:00 Bitcoin BTC Litecoin LTC Monero XMR Shiba Inu Coin SHIB Near Crypto Polygon MATIC Tom…

Trading Technology Provider BlockFills Raises $37M For Expansion

BlockFills, a Chicago-based digital asset trading technology company, has raised $37 million in Series A round to fuel its expansion plans. The funding round was led by a number of institutional investors like Susquehanna Private Equity, CME Ventures, Simplex Ventures, C6E, Nexo Inc, and others. BlockFills aims to be a one-stop shop for financial institutions that wish to develop a digital asset trading business. While institutions will be increasingly looking to offer digital asset services, many might not have the technical infrastructure needed to do so, which is what BlockFills…

Bank of Russia Calls for Full Ban on Crypto

Mining creates fresh supply of cryptocurrencies, so it stimulates the demand for other crypto services such as exchanges and “creates a non-productive electricity expenditure, which undermines the energy supply of residential buildings, social infrastructure and industrial objects, as well as the environmental agenda of the Russian Federation,” the report said. Source