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SynFutures Raises $14M to Create Next Generation Decentralised Derivatives Exchange

SynFutures has raised a series A funding round of $14 million led by Polychain Capital. The money would be used to develop the firm’s flagship derivatives exchange which is set to launch soon.  The funding round was joined by many high profile cryptocurrency and blockchain investors. Like Pantera Capital, Wintermute

June 18, 2021 1 min read

BitDao Raises a $230 Million Funding Round Led by Peter Thiel

DAO’s are the thing nowadays, with many DAOs raising millions of dollars in funding. BitDAO announced today that the firm has raised a $230 million funding. Founder’s Fund, backed by Peter Thiel was one one of the investing companies. Early backers such as Pantera Capital and Dragonfly Capital also reinvested

June 18, 2021 1 min read

Bitcoin Whales Acquires $367B Worth of Bitcoin.

Bitcoin Whales acquires $367 billion worth of Bitcoin. Large bitcoin holders are called whales. Plunged to a five-month low of approximately $1.7 million. In the last 25 days, Bitcoin (BTC) whales stocking up along with millionaire addresses acquiring over 90,000 Bitcoin worth $367 billion. Bitcoin whale refers to an individual

June 17, 2021 2 mins read

Iron Titanium Token Drops to Near Zero

TITAN drops to near zero from Wednesday’s high. Whales started to sell TITAN tokens which flooded in excess coins in the market. As TITAN began to fall precipitously, so did the pegged value of IRON. The Iron Titanium token (TITAN), the share token of once-multibillion-dollar decentralized finance (DeFi) protocol, has

June 17, 2021 2 mins read

McLaren Racing Accelerates Into NFTs With Tezos

McLaren Racing, the most promising and prominent longtime Formula 1 champion, now integrates with the fastest emerging decentralized blockchain provider, Tezos for establishing non-fungible tokens (NFT). This partnership is said to last long on a multi-year contract.  The Partnership The racing legend which has created its very own legacy, McLaren

June 17, 2021 3 mins read

$225M Raised by XSpring Capital To Develop Financial Marketplace.

XSpring Capital has secured a funding round with partners in Thailand.   $225 million has been raised through a partnership.  Elevated Return is a US-based asset management firm. Elevated Returns portfolio company XSpring Capital has secured a funding round with the partners in Thailand. The aim behind this is to develop

June 17, 2021 2 mins read

Morgan Stanley to Offer More Options for Bitcoin to Its Clients

Morgan Stanley might extend its bitcoin offerings to its clients, giving them more options to have Bitcoin in their portfolio. A company by the name of New York Digital Investment Group (NYDIG) specialising in Bitcoin related financial services. Has filed paperwork with the SEC to create an investment fund with

June 17, 2021 1 min read

A Secret BSC Bridge Has Been Launched on the Main-net

A cross chain bridge that optimizes tokens to be more privacy focused has been launched on the Binance Smart Chain’s (BSC) main-net.  The launch of the bridge was announced through a blog post by the Secret Network. The bridge allows BEP-20 tokens to be bridged with the Secret Network and

June 17, 2021 1 min read

SHIB and CHZ Token Price Surges Around 30%

Shiba Inu, Chiliz, and Keep Network listing on Coinbase Pro. All tokens have experienced a brief surge of around 30%. The trading pair has three levels: post-only, limit-only, and full trading. The price of Shiba Inu (SHIB) and Chiliz (CHZ) soared to 33% and 26% respectively, following the announcement of

June 16, 2021 2 mins read

ADA Excels Coinbase and Trails Vodafone by $900M

Cardano (ADA) market capitalization is $50.42 billion. ADA exceeds Coinbase and Roblox in publicly traded assets. Telecom giant, Vodafone surpasses ADA by $900M As per the Market cap on June 15th, Cardano (ADA) reached a significant value of $50.42 billion exceeding other traded assets. It beats Coinbase (COIN) with $49.43

June 16, 2021 2 mins read