Thu, November 14

Paxos Raises $300 Million Funding Round LED by Oak

Paxos has raised a $300 Million Series D Funding round with a $2.4 billion valuation led by Oak. Investors incorporate PayPal Ventures, Declaration Partners, Mithril capital, and many other reputed firms. Paxos supported launching cryptocurrency trading on Venmo last week. PayPal crypto partner Paxos has raised a $300 million Series

April 29, 2021 2 mins read

DCG, Coinbase Are In Top 100 Most Influential Companies List of Time

Digital Currency Group and Coinbase are in the top 100 influential companies. Digital Currency Group was categorized under Disrupters. Coinbase permits retail prospects to buy cryptocurrencies securely. Digital Currency Group and Coinbase become one of the top 100 most influential companies of 2021 in TIME. Due to the extraordinary influence

April 28, 2021 2 mins read

Bitci Technology Signed an Agreement With McLaren Racing

Bitci Technology made an agreement with McLaren racing. In addition to the agreement Bitci put a special token project. The agreement will be valid for multi-years. Bitci Technology has made an agreement with McLaren Racing, one of the most successful teams in formula 1’s history in the note of Blockchain

April 26, 2021 2 mins read

Seoul Metropolitan Government Seized Crypto Worth of $25M

The tax authority department has seized cryptos from 676 individuals to pay tax. About 1,566 individuals found by the Tax collection department to pay taxes. Some Taxpayers are requesting the Government not to sell their cryptos. The tax authority department of the Seoul Metropolitan Government has seized crypto worth nearly

April 25, 2021 2 mins read

Tiger Global Backs Indian Startup CoinSwitch Kuber at $500M Valuation

CoinSwitch Kuber has reached $25 million in a Series B funding round. In a Series B funding round from Tiger Global Management. Tiger Global Management valuing startup $500. Series B funding is financed by Tiger Global. CoinSwitch Kuber has reached $25 million in a Series B funding round from Tiger

April 24, 2021 2 mins read

China Calls Cryptos ‘Investment Alternatives’ First Time Since Crypto Crackdown

China calls cryptos ‘Investment Alternatives’. This happens after the launch of the crypto crackdown.  PBoC also plans to develop Cross-Border solutions With Digital Yuan. Li Bo, the Vice Governor of the People’s Bank of China (PBoC) has announced that the country regards Bitcoin (BTC) and Stalecoins crypto-assets as investment alternatives.

April 20, 2021 2 mins read

Pendle Finance Locks $3.5M Funds to Manage DeFi Yields

Pendle Finance has made a private investment fund worth $3.5M. The firm allows users to trade the yield offered by DeFi products. DeFi has gained a huge number of new investors. A Decentralized Finance (DeFi) protocol Pendle Finance will allow users to tokenize and sell future yields. The firm has

April 16, 2021 1 min read

533M Facebook Users Data Leaked, Crypto Traders and Holders At Risk

Over 533 million facebook Users Data Leaked were leaked on a well-trafficked hacking forum earlier today. This caused potential risk to cryptocurrency traders and holders who might be vulnerable to sim swapping and other identity-based attacks.  CTO of security firm Hudson Rock Alon Gal has posted on Twitter about the

April 4, 2021 2 mins read

PureStake Raises $6M in Funding for Moonbeam Development

PureStake received $6 million in funding. Funding raised for the Moonbeam development. PureStake’s funding round was led by CoinFund. PureStake, a Blockchain startup has received $6 million in funding for the development of Moonbeam. Moonbeam is an Ethereum-based smart contract parachain developed on Polkadot. However, the firm mirrors the Ethereum

March 30, 2021 2 mins read

Crypto.com CEO: NFTs to Bring Next 100M Cryptocurrency Users

Crypto.com CEO Kris Marszalek has understood the catalyst that will move cryptocurrency to 200 million users.  Moreover, it took more than a decade to reach 100 million crypto users. However, Marszalek expects that the arrival of next 100 million users will happen in a smaller time frame. Marszalek  said, “Going

March 27, 2021 2 mins read