The funding round also included Bankless Ventures, Animoca Ventures, Kucoin Ventures, DACM, LBK, SNZ and Canonical Crypto. Puffer previously received backing from The Ethereum Foundation through a $120,000 grant, and a $650,000 pre-seed round led by Jump Crypto. Source
The Monetary Authority of Singapore (MAS) has granted a Major Payment Institution License (MPI) to the popular cryptocurrency exchange Blockchain.com. With this license, the platform will be able to provide digital payment token services to institutional and accredited investors. On August 7, 2023, it was disclosed that the application had been approved, and on August 1, 2023, the license was issued. The license comes after Blockchain.com received in-principle approval from MAS in September of the previous year. As of now, there are 3,427 companies that have been granted licenses, with distribution…
Cryptocurrency exchange Coinbase will begin buying back up to $150 million of its 2031 Senior Notes for 64.5 cents on the dollar, or a discount of 35.5%. According to the Aug. 7 announcement, the tender offer will last until Sept. 1, with an early premium of three cents on the dollar on top of the regular purchase price. The 2031 Senior Notes have a coupon rate of 3.625% per annum and a total principal balance of $1 billion. Last month, the exchange redeemed $65 million in convertible notes at a…
On-chain data shows that Bitcoin miners have been expanding their reserves recently, a sign that could be bullish for the asset’s price. Bitcoin Miner Reserve Has Been Trending Up Recently As pointed out by an analyst in a CryptoQuant post, BTC miners have been accumulating during the past 48 days. The indicator of interest here is the “miner reserve,” which measures the total amount of Bitcoin that all miners are holding in their wallets right now. Related Reading: These Bitcoin Metrics Are At Important Retests, Will Bullish Trend Prevail? When…
Even crypto industry outsiders are gaining clarity on the benefits of blockchain technology, which is a significant step forward for the ecosystem. However, a challenge remains: The industry still struggles with interoperability between blockchain networks. Unless different chains can safely and efficiently communicate and exchange data, the full power of blockchain — including true decentralization, new use cases, lower costs and, ultimately, further innovation — can’t be achieved. Here, 10 members of Cointelegraph Innovation Circle discuss some of the challenges still standing in the way of achieving cross-chain interoperability and…
Where Will Bitcoin Mining Be After the Halving? Original
A Bitcoin advocate based in Canada has “Zapped” 600 people a total of 300 Satoshis ($0.09 or 0.000003 BTC) each in a Bitcoin-inspired (BTC) social media experiment. To date, marketing executive Michael Degroot has doled out over $50 in Bitcoin to people around the globe. He has since been Zapped back more than 40 times, receiving more than $6. Doing an experiment on @orangepillapp I’m going to be zapping & connecting with everyone who has their lightning wallet attached. ~700 people, if you aren’t on there already here’s my referral…
PayPal has been allowing users to buy,sell, and hold crypto assets for several years. The company oversaw $1.36 trillion in total payment volume and conducted over 22 billion payments transactions in 2022, according to its website, making it one of the largest financial services companies in the world. Source
A spokesperson for the Information Commissioner’s Office said: “The Electoral Commission has contacted us regarding this incident and we are currently making enquiries. We recognise this news may cause alarm to those who are worried they may be affected and we want to reassure the public that we are investigating as a matter of urgency. “In the meantime, if anyone is concerned about how their data has been handled, they should get in touch with the ICO or check our website for advice and support.” Source
A spokesperson for the Information Commissioner’s Office said: “The Electoral Commission has contacted us regarding this incident and we are currently making enquiries. We recognise this news may cause alarm to those who are worried they may be affected and we want to reassure the public that we are investigating as a matter of urgency. “In the meantime, if anyone is concerned about how their data has been handled, they should get in touch with the ICO or check our website for advice and support.” Source