El Salvador Pays Back $800M Maturing Bond, President Nayib Bukele Says

“In the past year, almost every legacy international news outlet said that because of our ‘Bitcoin bet,’ El Salvador was going to default on its debt by January 2023 (since we had an 800 million dollar bond maturing today),” Bukele said. “Literally hundreds of articles,” he added, before posting a number of them. Source 800MBondBukeleMaturingNayibPaysPresidentSalvador CryptoX Portal

Blockchain developer QuickNode raises $60M at $800M valuation

Blockchain development platform QuickNode has closed a $60 million funding round as part of a global expansion intended to onboard more users and developers to Web3 applications.  The Series B raise, which valued QuickNode at $800 million, was led by venture capital firm 10T Fund, with participation from Tiger Global, Seven Seven Six and QED, the company announced on Jan. 24. QuickNode’s management said the capital would fund its global expansion and streamline the transition to Web3 “at scale,” which includes providing developers with the deployability required to onboard new…

QuickNode Raises $60M in Series B at $800M Valuation

Founded in 2017, Miami-based QuickNode offers tools for over 16 blockchains and 33 networks that aim to improve speed, reliability and security for developers The tools include application programming kits (APIs), analytics and end-to-end support. The Core API handles the potential blockchain forks, upgrades and network interruptions for an app. A NFT API makes it easier to find non-fungible tokens and their metadata, and the Token API lets users look up tokens by wallet, token transfers and token details, according to the QuickNode website. Source

BlockFi Executives’ Equity Took $800M Hit From FTX Loan, Filings Reveal

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Bitcoin derivatives data forecasts sub-$30K BTC price heading into Friday’s $800M options expiry

Bitcoin (BTC) briefly broke above $32,000 on May 31, but the excitement lasted less than four hours after the resistance level proved to be tougher than expected. The $32,300 level represented a 20% increase from the May 12 swing low at $27,000 and it provided the necessary hope for bulls to buy some $34,000 and higher call options. The fleeting optimism reverted to a sellers’ market on June 1 after BTC dumped 7.6% in less than six hours and pinned the price below $30,000. The negative move coincided with the…

Sygnum Valued at $800M in $90M Funding Round: Report

Sygnum, which runs a digital-asset bank and trading platform, was valued at $800 million in a $90 million funding round, Bloomberg News reported on Thursday, citing a statement from the company. Hong Kong firm Sun Hung Kai & Co. led the round. Animoca Brands and Canada’s Meta Investments also participated, Bloomberg reported, citing the statement. Sygnum is based in Switzerland and Singapore. Its products include regulated trading of crypto currencies. Source

Smart money ignores BTC price correction as $800M set to flow into blockchain startups, Dec. 9

Bitcoin’s (BTC) return to sub-$50,000 levels has many market participants fretting over the legitimacy of their favorite price models. For venture capitalists and other smart money investors, the latest decline is nothing but noise. Instead, they see the emergence of an entirely new economy that is transforming business, redefining monetary value and pushing the internet to a new frontier.  This week’s Crypto Biz newsletter highlights four major funding deals from the world of blockchain. Below is a concise version of the Thursday edition of our newsletter. 10T Holdings plans $500M…

Near’s $800M fund, Miami embraces crypto, Oct. 22–29

Welcome to the latest edition of Cointelegraph’s decentralized finance (DeFi) newsletter. The DeFi space was full of fundraising this week. Read on to discover where the venture capital firm led by Reddit’s co-founder is making notable investments. What you’re about to read is the smaller version of this newsletter. For the full breakdown of DeFi’s developments over the last week, subscribe to our newsletter below. Near Protocol offers $800M fund to advance ecosystem  Smart contracts platform Near Protocol has announced the allocation of an $800-million global funding initiative aimed at fostering the…