Archiv für März 2022
Crypto Use Aids Ransomware Investigations According To US Financial Regulator
As cybercrime increased with the spread of the COVID-19 pandemic and cyberwarfare became a hot topic following Russia’s attack on Ukraine, cryptocurrency increasingly became associated with illegal and criminal activities. It has become a significant part of the thriving of ransomware and other forms of cyber extortion. This perception is not new, as Chainalysis CTO…
WeiterlesenDoes MicroStrategy’s Michael Saylor Not Support Bitcoin-Backed Bonds?
MicroStrategy’s Michael Saylor has recently shared his thoughts around bitcoin-backed bonds which have been gaining popularity after El Salvador announced that it would be launching the first one. Saylor who is a staunch advocate of BTC explained where he saw the market right now in terms of bitcoin bonds and whether or not the crypto…
WeiterlesenComposable Finance Raises $32 Million in Series A
Composable Finance is pleased to announce that it has raised $32 million in Series A funding. The round included notable investors in the space. GSR, Tendermint Ventures, Fundamental Labs, Coinbase Ventures, LongHash Ventures, Figment VC, New Form Capital, Blockchain Capital, Yunt Capital, Jump Capital, Polytope Capital, NGC Ventures, SOSV, and Spartan Group were among those…
WeiterlesenWeChat Bans Multiple Accounts Associated With NFTs Trading
Tencent Holdings’ WeChat has suspended various accounts that promote digital collectibles, a term that is commonly used in China to refer to non-fungible tokens (NFTs) that cannot be purchased or traded using cryptocurrencies. WeChat — China’s biggest and most popular social media platform with a user base of over 1.2 billion — said that the primary…
WeiterlesenErtha’s Inter-Metaverse Portal NFTs Bought for $60K
It’s now possible to travel between metaverses thanks to Ertha’s Portal NFTs. The game’s passionate community has already spent over $60,000 on these NFTs, despite their purpose being a mystery until now. Ertha’s players will travel instantly between their home planet and Moon – a brand new Sci-Fi-inspired metaverse. Portals are an easy source of…
WeiterlesenHow LayerZero Raised $135M From Sequoia, FTX And A16z
Per a Forbes report, LayerZero Labs recently completed a series A+ investment round. The company managed to attract the attention of major players in the crypto industry. Related Reading | Mobile Banking App Dave Secures $100 Million FTX Investment To Boost Crypto Presence The investment round raised $135 million and was led by FTX Ventures,…
WeiterlesenCan New Bitcoin Rally Keep Up? Low Spot Volumes Say Otherwise
On-chain data shows the Bitcoin spot trading volume hasn’t seen any significant rise recently, suggesting that the new rally may not last for too long. Bitcoin Spot Trading Volume Observed Only A Slight Increase In The Past Week As per the latest weekly report from Arcane Research, the BTC trading volume hasn’t risen much recently…
WeiterlesenWeb3 Companies Will Turn Canada Into Digital Economy Leader
A group of companies has created the Canadian Web3 Council, a non-profit organization. Aimed at making Canada a “leader” in the digital economy, including blockchain and cryptocurrencies. This organization is comprised of distinguished companies in the sector, according to a press release. Related Reading | Interview With Ether Capital On Their Bet In Ethereum 2.0…
WeiterlesenGoldman Sachs Data Reveals Institutional Bitcoin Trend Expected To Continue
Goldman Sachs’ interest in crypto has been blossoming over the last few years and current trends suggest that this is not slowing down anytime soon. Recently, the investment banking firm carried out a survey in a bid to understand how its clients are interacting with the crypto market and the findings have revealed that institutional…
WeiterlesenHow PrüF is Transforming the NFT space
What comes to mind when many of us think of the NFT market? Usually, the answer to this is million-dollar meme NFTs and digital art of animatronic monkeys. Indeed, the NFT market has captured the public imagination over the last few years, growing from a novel blockchain concept to a bonafide technological movement. Billions have…
Weiterlesen