Tag: Data

Data provider The TIE valued at $100M following Series A

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Digital asset analytics provider The TIE has closed a strategic investment round backed by some of blockchain’s most prominent investors, underscoring heightened demand for crypto data and software services.  The TIE raised $9 million in Series A funding at a valuation of $100 million, making it one of the largest crypto analytics services in the market. The funding round was led by Blizzard, an Avalanche-focused investment fund, with additional participation from executives at Golden Tree Asset Management, Nexo, Gemini, Frontier Fund, Republic Capital, Hudson River Trading and New York Digital…

BlockFi confirms unauthorized access to client data hosted on Hubspot

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New Jersey-based crypto financial institution BlockFi confirmed a data breach incident via one of its third-party vendors, Hubspot. BlockFi’s proactive warning about the breach aims to deter the intentions of bad actors in repurposing the user data for fraudulent activities. According to the announcement, the hackers gained access to BlockFi’s client data on Friday, Mar. 18, that were stored on Hubspot, a client relationship management platform: “Hubspot has confirmed that an unauthorized third-party gained access to certain BlockFi client data housed on their platform.” As a third-party vendor for BlockFi,…

Hut 8’s Data Center Deal Will Set It Apart From Peers, Analyst Says

“The blatantly obvious challenges facing bitcoin miners are the recent selloff in BTC price and supply chain disruptions and, as expected, the stock price followed bitcoin’s trajectory,” wrote Sutton in a research note on Friday. However, he added, “What isn’t blatantly obvious is the impact HUT’s acquisition of TeraGo’s Data Center business will have on the company’s future.” Source

Unchained Capital Discloses Data Leak at Email Marketing Partner

In an email to clients and a letter posted on the company website on Wednesday, Unchained Capital CEO Joe Kelly said ActiveCampaign (AC), an outside email marketing provider used by Unchained until earlier this year, was hit with a social engineering attack last week. Unchained Capital is a bitcoin-only financial services provider. Source

Women-led startup to help consumers monetize their data through blockchain

Web2 lets big tech companies collect consumer data without paying the people behind the statistics. However, the advent of Web3 technologies may change the way data is collected and let consumers get compensation for the information they share, according to the founders of Chain Collective, a Web3 startup that enables consumers to monetize their data using blockchain. Skills acquired from working in business intelligence and machine learning coupled with a passion for Web3 technologies led Jenny Walker and Greta Menzies to create a data marketplace. With blockchain technology, the all-female…

Data Shows US Consumer Prices Hit a 40-Year High, Biden Blames Inflation on ‘Putin’s Aggressive Actions’ – Economics Bitcoin News

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Following the record 7.5% high for January, the U.S. Labor Department’s Consumer Price Index (CPI) data shows February’s CPI metrics rose to 7.9%. The CPI data published on Thursday is a new 40-year high and month over month, inflation jumped by 0.8%. President Joe Biden is blaming the inflation spike on Russia’s invasion, as he previously warned “there will be costs at home.” February’s CPI Data Jumps to 7.9%, US Stocks Suffer In the U.S., there’s been a significant increase in the prices of goods and services in the American…

GSR partners with Chainlink to integrate price data for smart contracts

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Crypto market-making firm GSR has partnered with Chainlink to contribute price data to decentralized oracle networks (DONs) to be used within decentralized finance (DeFi) and smart contract applications, highlighting that the blockchain industry is moving forward to interoperability and more cross-platform compatibilities. In an announcement, Sergey Nazarov, the co-founder of Chainlink, said that “high-quality market data is vital to the growth of the multi-chain ecosystem.” According to Nazarov, GSR launching its data service will enable the firm to access the ever-growing blockchain economy and assist in the innovation of smart…

Bitcoin spoofs $40K breakout as US CPI inflation data conforms to 7.9% estimates

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Bitcoin (BTC) turned back time to February on March 10 as the latest U.S. inflation data sparked a bout of volatility. BTC/USD 1-minute candle chart (Bitstamp). Source: TradingView Wheat gives Bitcoin a run for its money Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reacting strongly to February’s Consumer Price Index (CPI) readout. Despite matching forecasts at 7.9%, the print saw Bitcoin stage a smaller version of last month’s reaction, with a breakout above $40,000 followed immediately by a trip to 24-hour lows. At the time of writing, Bitcoin…

Bitcoin returns to $42K as markets await potential 7.9% CPI inflation data

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Bitcoin (BTC) hit $42,000 on March 9 as an impressive overnight candle saw bulls reclaim support levels. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Trader: Market “still fragile” Data from Cointelegraph Markets Pro and TradingView showed BTC/USD abruptly “squeeze” through previous resistance at $39,600, going on to deliver 24-hour gains of 11.3%. Amid local highs of $42,438 on Bitstamp, the mood among traders was also improving, but caution remained.  Multiple macro factors: The Russia-Ukraine war, inflation and the United States‘ incoming executive order on cryptocurrency all kept commentators wary. “I can’t…