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Altcoins
Terraform Labs CEO and founder Do Kwon has accepted bets worth millions of dollars on Terra’s cryptocurrency LUNA trading higher than US$88 in a year’s time, which was the price of the token at the time of the bet. See related article: Is Terra — whose LUNA coin is now at another all-time high — […]
Danny Park
Altcoins
Ethereum software developer ConsenSys announced on Tuesday it has raised US$450 million in Series D funding, bringing its valuation to US$7 billion. See related article: New Cosmos, Mastercard projects to boost Ethereum scalability Fast facts The latest funding round was led by ParaFi Capital, with investors including Temasek, SoftBank Vision Fund 2 and Microsoft. The […]
Timmy Shen
Altcoins
Investors believe Bitcoin will stand its ground this year but in the altcoins world, some rising stars are brimming with potential.
Monika Ghosh
Altcoins
Around 42% of venture capital and hedge funds investing in crypto are betting on the success of Polkadot’s smart contracts platform, according to Messari’s fund analysis. See related article: What is Polkadot and why is it one of the hottest blockchains right now? Fast facts Polkadot was the most commonly held altcoin in Q4 last […]
Monika Ghosh
Altcoins
Bullish has postponed its backdoor listing on the New York Stock Exchange (NYSE) through a planned special purpose acquisition company (SPAC) deal with Far Peak Acquisition Corp., as the merger still waits for approval from the U.S. Securities and Exchange Commission. See related article: Crypto exchange Bullish announces soft launch Fast facts Bullish, operator of […]
Monika Ghosh
Altcoins
ICON surged more than 60% in less than half a day as South Korea’s incoming president Yoon Suk-yeol won election on Thursday morning. See related article: Crypto investors are being wooed in South Korea’s tight presidential election Fast facts In a startup forum last December, Yoon minted his signature as a non-fungible token (NFT) on […]
Danny Park
Altcoins
Binance is eyeing opportunities in non-crypto industries with plans to go on an acquisition spree, the Financial Times reported. See related article: UK regulator may cancel Eqonex’s registration over Binance, Bifinity ties Fast facts Binance founder and CEO Changpeng Zhao told the Financial Times that the crypto exchange is targeting industries such as retail, e-commerce […]
Timmy Shen
Altcoins
Binance has launched its own fiat-to-crypto service provider Bifinity to improve on-ramps and encourage more merchants to take crypto payments. See related article: Israel added to Binance’s list of global regulatory trouble spots Fast facts Bifinity offers over 50 cryptocurrencies and supports major payment methods, including Visa and Mastercard. Crypto business aggregator Coinmap has tracked […]
Timmy Shen
Altcoins
Australian non-fungible tokens (NFTs) startup Immutable has raised fresh funding in a round led by Singapore’s Temasek, bringing its valuation to US$2.5 billion, the company said in a statement on Monday. See related article: Jump in NFT demand reflects crypto prices, right? Wrong Fast facts Immutable raised US$200 million in a Series C funding led […]
Pradipta Mukherjee
Altcoins
Vice Prime Minister Mykhailo Federov said on Thursday that Ukraine would cancel a crypto airdrop created to reward its donors that had been announced just one day before. Fast facts “After careful consideration we decided to cancel airdrop. Every day there are more and more people willing to help Ukraine to fight back the agression. […]
Jeanhee Kim
