Meitu purchased $22 million in ETH and $17.9 million in BTC. Purchasing crypto helps diversify the firm’s holdings away from cash. Also, evaluates potential investments in blockchain-based projects. Hong Kong-listed Meitu Inc. announced that it bought $22 million in Ethereum (ETH) and $17.9 million in Bitcoin (BTC). Meitu Bought $22M
No blanket ban in India, says Indian Finance Minister. Regulations won’t be as severe as has already been reported. The hypothetical ban drew widespread criticism across the crypto world. No blanket ban in India, says Indian Finance Minister Nirmala Sitharaman. Sitharaman’s Clue About Crypto Ban in India The Indian crypto
Brave launches its own search engine using ex-Cliqz devs & tech. It has raised from 11M monthly active users to over 25M. Tailcat will be rebranded as Brave Search. Brave has announced that it has acquired the open search engine Tailcat and will integrate it into its desktop and mobile
Cardano (ADA) successfully implemented Mary hard fork. The Cardano blockchain has become a multi-asset chain. With the Mary upgrade, users can create tokens on Cardano. The much-awaited Cardano Mary hard fork is successfully implemented last night. More so, Daedalus was launched along with the hard fork but is still undergoing
If the bullish trend continues VET price can reach $0.1. Bearish VET price prediction for 2021 is $0.028. VeChain (VET), a blockchain-related supply chain platform. Moreover, the project started in 2015 and launched in June 2016. However, VeChain aims to use distributed governance and the Internet of Things (IoT) to
-Nigeria needs to regulate crypto, not ban says VP.-Osinbajo said crypto in the coming years will challenge financial banking. -The utilization of bitcoin has boomed in Nigeria in recent years. Nigeria’s Vice President (VP) Yemi Osinbajo said the country’s central bank and securities regulator has to find ways to regulate
-FD7 ventures sell $750M worth BTC to increase ADA and DOT holdings.-Both the firm founders are part of the original seven co-founders of Ethereum. -The transaction will be completed by mid-to-end of March. FD7 Ventures with $1 billion under management, has announced that they are planning to sell $750M worth of
-Blockchain collectible firm Sorare raises $50M for NFT fantasy sports.-The fresh Series A round brings Sorare’s whole funding to $60 million. -Sorare continues to grow its ecosystem with the new funding. Sorare, a blockchain-based soccer gaming platform, has raised $50 million from high-profile investors backing major firms like Twitter, Instagram, and
Decentralized Finance (DeFi) is taking the world of cryptocurrency space by storm. However, TRONHERO.IO is a special project lined up to make the world of DeFi see things a bit differently. TRONHERO.IO (THERO) is a cryptocurrency that is about to go mainstream. It is a global community-based crypto platform that
-Nigeria SEC collaborates with CBN to Regulate crypto market.-Regulators in Nigeria cannot ignore the $1.74T crypto market.-CBN and SEC also work with other Federal agencies.-In order to develop a national regulatory approach to cryptos in Nigeria. According to a report by Premium Times, the Central Bank of Nigeria (CBN) and
