While the second-largest crypto asset by market cap has gained more than 15% in value against the U.S. dollar during the last week, the number of ethereum stored on exchanges has dropped significantly during the last few weeks. In less than two years, more than 29% of the ether heldContinue Reading
Crypto markets were mainly in the green on Saturday, with AVAX, RUNE and ZEC being some of the notable gainers. Apecoin traded lower during its third session, falling by as much as 13%, following back-to-back gains. Avalanche (AVAX) LUNA, WAVES, and FTM were all trading over 10% on Saturday, howeverContinue Reading
Current Lightning Network public channel capacity is at 3,539 bitcoin, and it continues to grow over 30% annualized. The below is from a recent edition of the Deep Dive, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straightContinue Reading
Luno cryptocurrency exchange recently announced the launch of an investment arm, Luno Expeditions, whose objective is to invest in fintech, crypto, and Web3 startups globally. The investment arm will target digital assets and later-stage companies starting from Series A upwards. Funding Over 200 Startups per Year One of Africa’s pioneeringContinue Reading
Optimism, an L2 (Layer 2) rollup solution for Ethereum, has raised $150 million in its Series B funding round coming from big companies in the venture capital (VC) scene. The funding round was led by A16z and Paradigm, with the former also having invested during the previous funding round. TheContinue Reading
PRESS RELEASE. Dacxi, the world’s leading Crypto Wealth Platform, released a comprehensive report titled ‘The State of Crypto Education 2022’. Based on the results of an extensive survey, the report points to the severe lack of appropriate crypto education for everyday people and its impact on their willingness to engageContinue Reading
Sberbank, Russia’s largest bank, has been authorized by the country’s monetary policy regulator to issue digital financial assets. The move comes amid tightening Western sanctions over the war in Ukraine, including limiting Moscow’s access to the global financial market. Sberbank Added to Central Bank’s Register of Crypto Asset Issuers TheContinue Reading
On its second day of trading, APE rose by nearly 100% and is up over 1,200% in the last two sessions. Although gains were significantly more muted, AAVE and HNT also climbed higher to end the week. AAVE Although APE was undoubtedly today’s biggest mover, there isn’t much to discussContinue Reading
A Tokyo-based financial technology company called Kyash has raised $41.2 million in a Series D funding round which saw participation from the Block (formerly known as Square). The investment into the Japanese mobile financial app firm is the Block’s first investment in the Asia Pacific region, according to the announcement.Continue Reading
Five days ago, Bitcoin’s hashrate had shown improvement as it increased 15% over the course of ten days and today, the computational power remains above the 200 exahash per second (EH/s) region. Meanwhile, bitcoin miners caught another break on Thursday, as the network’s mining difficulty adjusted downward for the secondContinue Reading
