Sequoia Capital India Leads A $450M Funding Round For Polygon
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Sequoia Capital India Leads A $450M Funding Round For Polygon
Polygon, an Ethereum scaling platform, has raised $450 million in a fundraising round led by Sequoia Capital India, which also included Softbank Vision Fund 2, Galaxy Digital, and Tiger Global. Web3 builds on the open-source concepts of the early Internet…
Bitcoin's Lightening Network Is Integrated Into Jack Dorsey's Cash App
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Bitcoin's Lightning Network Is Integrated Into Jack Dorsey's Cash App
The Lightning Network now allows users of Block's mobile payments platform Cash App to make immediate and free bitcoin transfers, according to a tweet from the business on Monday. The Lightning Development Kit, an open-source tool built by another firm owned…
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Georgia Is Becoming A New Crypto Mining Hub In The US
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In 2021, Singapore Recorded 13x Crypto Investments Increase, According To KPMG
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In 2021, Singapore Recorded 13x Crypto Investments Increase, According To KPMG
According to KPMG's Pulse of Fintech report, Singapore saw a tenfold growth in crypto-related investments totalling $1.48 billion last year, up from $110 million in 2020. According to the research, the city-state has long been known as a hotbed of cryptocurrency…
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FTX Will Give Away Bitcoin During It's Super Bowl Advertisement
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FTX Will Give Away Bitcoin During It's Super Bowl Advertisement
FTX, a cryptocurrency exchange, said on Monday that it will give away free bitcoin during its forthcoming Super Bowl ad on Sunday. FTX will choose four lucky winners, and the quantity of bitcoin given out will be determined by Eastern Standard Time. On Sunday…
On Polygon, DeFi Project Aave launches a decentralized social media platform
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On Polygon, DeFi Project Aave launches a decentralized social media platform
Lens Protocol, a decentralized social networking platform built on the Polygon blockchain, has been introduced by Aave, a decentralized finance (DeFi) platform. The open-source "Web3, smart contracts-based social graph" is based on an ecosystem of dynamic…
Binance Teams Up With a K-Pop Icon to Create Eco-Friendly NFTs
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On The Brazilian Stock Exchange, QR Assets Debuts The DeFi ETF
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On The Brazilian Stock Exchange, QR Assets Debuts The DeFi ETF
QR Assets, a Brazilian crypto asset management, has established a DeFi ETF, or decentralized finance exchange-traded fund, on the Brazilian Stock Exchange. The DeFi ETF, known as QDFI11, would monitor the Bloomberg DeFi Index and invest entirely in genuine…
Wells Fargo - Global Crypto Acceptance May Soon Reach A Tipping Point
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Wells Fargo - Global Crypto Acceptance May Soon Reach A Tipping Point
The Wells Fargo Investment Institute, a research arm of Wells Fargo Wealth and Investment Management, has produced a paper showcasing the potential of cryptocurrencies as an investment opportunity similar to the internet's early days. "Cryptocurrencies —…
Research Firm Predicts Bitcoin Will Hit $200K In H2 2022
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Research Firm Predicts Bitcoin Will Hit $200K In H2 2022
BTC might climb by about 500 percent from its present price point to around $200K per unit, according to the Fundstrat business Fsinsight. Fsinsight and Sean Farrell, the firm's head of digital asset strategy, came up with the BTC price prediction. Fsinsight…
Bitcoin Will Be Treated As Currency By The Russian Government And Central Bank
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Bitcoin Will Be Treated As Currency By The Russian Government And Central Bank
Russia's government and central bank have achieved an agreement on how to regulate cryptocurrencies. The Russian government and central bank are currently working on a draft law that will describe cryptocurrency as a "analogue of currencies" rather than digital…
Bitcoin, According To JPMorgan's Recent Predictions Could Reach $150,000
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Bitcoin, According To JPMorgan's Recent Predictions Could Reach $150,000
JPMorgan, the world's largest bank, predicts that Bitcoin, the most valuable cryptocurrency by market cap, will reach $150,000 in the long run. This is up from the $146,000 goal set last year. Bitcoin would have to match the private sector's $2.7 trillion…
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Bitcoin 'Tap To Pay' Transactions Will Go Live On New iPhone Feature
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Bitcoin 'Tap To Pay' Transactions Will Go Live On New iPhone Feature
Apple Pay users will soon be able to make Bitcoin (BTC) and other cryptocurrency purchases at a variety of popular retailers and services using the new iPhone's Tap to Pay feature. On February 8, Apple (NASDAQ: AAPL) announced intentions to add the new feature.…
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Bybit Teams Up With Cabital, Providing EUR And GBP Fiat Onramps
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Bybit Teams Up With Cabital, Providing EUR And GBP Fiat Onramps
Bybit, a Singapore-based crypto exchange, launched a new cooperation with Cabital, a digital assets organization, on Tuesday for the on-ramp integration of the euro (EUR) and British pound sterling (GBP). Users of the Bybit crypto exchange platform can now…
Canada's Largest Stock Exchange To Develop Crypto Product For Institutional Investors
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Canada's Largest Stock Exchange To Develop Crypto Product For Institutional Investors
The TMX Group, Canada's largest stock exchange operator, is aiming to create its first cryptocurrency futures product, according to reports. This is in reaction to institutional investors' desire to mitigate trading risks in the asset class, which is still…
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UN Commemorates International Women's Day With Boss Beauties Ethereum NFTs
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UN Commemorates International Women's Day With Boss Beauties Ethereum NFTs
The Ethereum NFT collection for women On March 8 (International Women's Day), Boss Beauties will unveil a one-of-a-kind collection named Boss Beauty Role Models in New York City. This will be the first entire NFT collection ever presented at UN headquarters.…
New Research Shows Americans Prefer Cryptocurrency To Traditional Fiat
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New Research Shows Americans Prefer Cryptocurrency To Traditional Fiat
A recent study has revealed the breadth of bitcoin adoption among Americans, with multiple assets emerging as preferred investing options over traditional methods. Morning Consult's research, published on January 25, 2022 showing that 24% of American adults…
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Saudi Arabia Medical Organization Rolls Out Blockchain-Based 'Digital Credentialing Solution'
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