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The Series A round underscores growing investor appetite for crypto-focused institutional offerings. 1263 Total views 14 Total shares The Series A investment round was led by Zoo Capital, Sequoia Capital China, Dragonfly Capital, BAI Capital and Bertelsmann and Tiger Global Management, the company announced Monday. Venture capital and private equity funds from North America, Asia…

Crypto and Bitcoin mining-related stocks in the US bounced back from an early trading day dip after opinion polls showed voters rated Kamala Harris debate performance.

On-chain data suggests that high-net-worth individuals continued to buy Bitcoin (BTC) after Christmas. Analysts at Santiment said that smaller traders sold about $647 million worth of Bitcoin and this sum may have been bought up by Bitcoin whales.Data also signals that large investors have been buying and holding their purchases throughout 2020, without booking profits…

The euphoria seen across the cryptocurrency ecosystem over the past couple of weeks was tampered down on Aug. 26 as an early morning attempt by bulls to push the price of Bitcoin to $50,000 was soundly rejected. Data from Cointelegraph Markets Pro and TradingView shows that following its rejection, the price of Bitcoin slid to a…

The recent banking crisis in the United States seems to have shaken the belief of some customers in the legacy banking system. According to Federal Reserve data, customers pulled nearly $100 billion in deposits in the week ending March 15.American venture capital investor and entrepreneur Tim Draper said in a March 25 report that “founders…

The federal judge overseeing Terpin Vs. AT&T has dismissed the motion. This news is the latest in a legal battle pertaining to crypto stolen via SIM-swapping that has been going on for almost a year  industry news outlet, The Block, reports on July 26.As Cointelegraph previously reported, in August last year Terpin filed a lawsuit…

NSX Limited, the operator of the National Stock Exchange of Australia (NSXA), is working on a joint blockchain-based project to enable same-day settlements.According to a Feb. 20 announcement, NSX has partnered with iSignthis (ISX), a publicly listed firm specializing in payment authentication services, to establish a new venture that would provide “multicurrency, real-time and same…

NFT-friendly Japanese gaming giant Square Enix has invested 7 billion yen ($52.7 million) into game developer Gumi to create “high-quality” mobile games, blockchain games and a Metaverse initiative, among other things.Gumi mobile games: GumiAccording to a translation of the press release, the partnership will help Gumi tap certain intellectual property from Square Enix, while it has…

Coti will look to provide privacy-focused functionality to the Ethereum ecosystem as a new layer-2 protocol. Enterprise-grade blockchain platform Coti is set to transition protocol to become a scalable, privacy-focused layer-2 on Ethereum in 2024.An announcement shared with Cointelegraph outlines how Coti will shift from a standalone protocol to an Ethereum layer 2 to bring