Tag: Million

Ex-Sushi CTO Raises $8 Million for Astaria, an NFT Lending Platform

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Astaria, a non-fungible token (NFT) lending platform and liquidity engine, has acquired $8 million in early capital to support its development throughout the down market. True Ventures, Arrington Capital, Ethereal Ventures, Wintermute, Genesis Trading, LedgerPrime, Hypersphere Ventures, The LAO, and several other investors participated in the preliminary round of funding.   Users can use Astaria to generate instant liquidity by putting up their NFTs as collateral. According to Justin Bram, the co-founder and CEO of Astaria, the recent drop in NFT sales, coupled with signs of a bear market, makes Astaria’s…

Over $250 Million In Liquidations As Bitcoin Recovers Above $20,000

Liquidations have rocked the space as the price of Bitcoin has fluctuated between red and green in the last week. Since the price had been crashing for the major parts of last week, the liquidations have been heavily skewed towards long traders. This trend has now changed as short traders’ liquidations have ramped up in the past week owing to recovery above $20,000. Short Liquidations Ramp Up Coming out of the weekend, the price of bitcoin has been doing much better than it was during the weekdays. This has now…

Uganda Claims Exploration Surveys Discovered 31 Million Metric Tons of Gold – Bitcoin News

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While gold is often considered a scarce asset, Uganda explained on Wednesday that recently conducted exploration surveys indicate that there’s roughly 31 million metric tons of gold ore waiting to be mined in the region. Moreover, a spokesperson from Uganda’s Ministry of Energy and Mineral Development said there’s an estimated 320,158 tonnes of refined gold available. Uganda Claims the Country Has 31 Million Tonnes of Gold Ore — 320,158 Metric Tons of Refined Gold Is up for Prospect During the last five years, the value of one ounce of fine…

7.6 Million South Africans Are Crypto Investors, Social Media Main Source of Crypto-Related Information – Emerging Markets Bitcoin News

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About 22% of South Africa’s adult population, or 7.6 million people, are cryptocurrency investors, findings by a study done by Kucoin cryptocurrency exchange have shown. According to the study, 72% of the respondents said they get information concerning particular crypto projects via social media. Influencers and media personalities were also found to be key opinion leaders that are promoting cryptocurrencies. Influencers and Media Personalities Found to Be Key Opinion Leaders According to the findings of a new Kucoin study, about 22% of South Africa’s adult population aged between 18 and…

This oracle data provider platform has surpassed 4 million nodes since inception

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Can a fully-functional oracle network ecosystem that anonymously collects and validates geospatial (location-specific) data exist? One blockchain firm seems to have gotten the gist of the idea. Founded in 2012, XY Labs and its namesake protocol XYO, which is built on the Ethereum blockchain, seek to reward participants for the genesis, interpretation, analysis, and storage of data to be called upon for specific problems. There are currently over 4 million nodes worldwide on the XYO network.  In a recent ask-me-anything (AMA) session with Cointelegraph Markets Pro, Arie Trouw, founder of…

VeChain Foundation Lands $100 Million UFC Marketing Deal

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The VeChain Foundation, a leading enterprise-grade L1 smart contract platform and the Ultimate Fighting Championship (UFC), have announced a multi-year marketing collaboration. According to both partners, this deal is “first of its kind” and is aimed at “breaking market grounds” for the mixed martial arts organization and the blockchain-based company. With this deal, the VeChain Foundation will have an “unprecedented level of integration into key UFC assets.” Some aspects where the influence of VeChain will be visible include broadcast features, live events, in-arena promotion, and original contents reserved for UFC…

Optimism Attacker Returns 17 Million Stolen OP Tokens

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Optimism token was attacked earlier this week after the team announced that 20 million OP tokens were stolen. On Friday, the attacker behind the theft returned 17 million tokens. For returning the tokens, the attacker was rewarded with 2 million of the tokens. The funds were returned over the course of 17 transactions to an address belonging to Optimism, the Ethereum rollup provider.  Before the return of the tokens, the attacker sent an on-chain message to Vitalik Buterin, Ethereum co-founder, intimating him of their intention to return the full 18 million OP in their possession. …

Crypto Market Notices Over $600 Million in Liquidation As BTC Falls Below $25,000

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As of December 2020, the price of BTC dropped to about $25,000. Recently, the same occurrence took place in the crypto market. As a result, most altcoins are experiencing a price plunge, resulting in over $600 million in liquidation. Rundown Of BTC Price In June BTC looked promising at the dawning of June, hitting a selling price of over $32,000, being its all-week high. Hours later, there was a sudden slump in prices, bringing its selling price to around $30,000. Despite several attempts to push beyond this price, Bitcoin could…

Felix Capital Raises $600 Million to Grow Web3 Exposure – Bitcoin News

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Felix Capital, a London-based VC company, has raised $600 million in its fourth fundraising round, this being its biggest yet. The company, which has been investing in commerce and money-tooling startups, is planning to use part of the funds raised to increase its Web3 exposure as part of its new business strategy. Felix Capital Includes Web3 in Business Plan Venture capital firms from all over the world are now turning their eyes to Web3, a new field that intertwines the internet and crypto. One such firm has been…

Blockchain.com Plans to Provide an NFT Domain Name to 83 Million Wallet Users – Blockchain Bitcoin News

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Blockchain.com has announced it has partnered with the Web3 digital identity platform and NFT domain name provider Unstoppable Domains in order to launch .blockchain NFT domains. The company says that in the next few weeks, 83 million Blockchain.com wallet users will get a free .blockchain domain. Blockchain.com Partners With Unstoppable Domains — Firms Launch 1st Branded Top-Level Domain Blockchain.com has been a pioneer in the crypto space for quite some time, as the company launched the first Bitcoin (BTC) block explorer in 2011. This week, the company has announced it…