Elliptic, a cryptocurrency analytics company, announced on Monday it raised $60 million in a Series C round from SoftBank and Wells Fargo Strategic Capital, Wells Fargo’s venture capital arm, among other investors. According to Reuters, the maneuver happens amid a context where the demand for blockchain analytical services is high. […]
The London Stock Exchange Group (LSE) announced on Monday that it invested in Finbourne, a cloud-based investment data management platform. According to the press release, the exchange operator seeks to use Finbourne’s Lusid for building a virtual real-time data repository. That said, LSEG would consolidate multi-asset class data across its […]
China’s largest crypto exchange Huobi reveals there’s no hope as it called quits long before the ban It appears that business had become unbearable to continue for China’s leading cryptocurrency exchange as it has been revealed that they had already made a decision to quit the country even before the […]
After years of ducking any regulatory crackdowns by not having any physical headquarters, Binance exchange could finally be looking for a home in Ireland. However, in South Africa, regulatory warnings have forced the exchange to stop offering derivatives trading and leveraged tokens as regulatory walls close in on the cryptocurrency […]
Countries in the developing world will soon follow in the steps of El Salvador and make Bitcoin (BTC) legal tender, BitMEX CEO Alexander Höptner recently predicted. In an Oct. 6 blog post, Höptnerexpressed support for El Salvador adopting Bitcoin as legal tender in September, predicting that developing countries will be “leading […]
Stellar lumen price is trading well above $0.3000 against the US Dollar, similar to bitcoin. XLM price must settle above $0.3600 to continue higher. Stellar Lumen Price Analysis (XLM to USD) After forming a base above the $0.2750 level, stellar lumen price started a fresh increase against the US Dollar. […]
For the first time in chess history, grandmaster Magnus Carlsen has been awarded a nonfungible token (NFT) trophy for winning an international chess tournament, Meltwater Champions Chess Tour (MCCT). The tournament minted a number of NFT trophies and collectibles to indefinitely preserve the game’s most defining moments. Speaking to Cointelegraph, […]
Ethereum corrected lower below $3,500 against the US Dollar. ETH price remained supported and it is now eyeing a key upside break above the $3,650 resistance. Ethereum started a fresh increase above the $3,500 resistance level. The price is now trading above $3,550 and the 100 hourly simple moving average. […]
Cardano-powered DeFi Ardana has announced a long-term partnership with high-throughput layer 1 blockchain Elrond ($EGLD), as the result of which Ardana “will build the bridge infrastructure required for asset transfer between Cardano and Elrond.” Ardana is “a decentralized stablecoin hub which will bring the necessary DeFi primitives needed to bootstrap & […]
PRESS RELEASE. Blockchain startup DEIP, behind the Creator Economy Protocol technology, raised over $2M from Hillrise Capital, Blockwall Capital, AU21& GAINS Associates, Shima Capital and others. At its launch in 2018, DEIP became the world’s first Web 3.0 Protocol for the tokenization of high-value intangible assets like intellectual property. The […]
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