Airbnb Co-Founder Backs $22 Million Funding for Crypto Dealer SFOX

The aggregate market cap of the 14 U.S.-listed bitcoin mining stocks the bank tracks hit a record high in June, the report said.The bank noted that miners outperformed bitcoin on news of Core Scientific’s deal with AI firm CoreWeave.U.S.-listed miners increased their share of the global network hashrate for the second month in a row.The

Concordia, a multi-chain risk and collateral management protocol for digital assets, has raised $4 million in a seed funding round co-led by Tribe Capital and Kraken Ventures, with Cypher Capital and Saison Capital among the other participants.The fundraise follows the protocol's public testnet launch on Aptos earlier this month. The mainnet launch is expected to…

Germany's BTC sales and Mt. Gox reimbursements weigh over BTC. Major economies' expansionary phase, slowing inflation, and peak tech optimism on Wall Street suggest a positive outlook. It may seem like turbulent times in the crypto market amid Germany's bitcoin (BTC) sales and fears about mass liquidations by defunct exchange Mt. Gox's creditors. However, looking

Crypto markets are on the cusp of further institutional adoption, the broker said.Spot bitcoin ETFs will be approved by major wirehouses and large private bank platforms in the third and fourth quarters, the report said.Bernstein predicts that bitcoin will reach a cycle high of $200,000 in 2025, $500,000 by 2029 and $1 million by 2033.Bitcoin

A token named after Coinbase founder Brian Armstrong’s cat is quickly emerging as a leading meme coin play on the upcoming Base blockchain, chatter among traders on social media app X, formerly Twitter, shows.Armstrong revealed his pet’s name in a podcast last year, saying the name was a derivation of Bitcoin creator Satoshi Nakamoto. His…

Dec 28, 2020 at 2:00 p.m. UTCThe Rise of the Bitcoin ClassI’ve tried various ways to convince my Dad, a typical Chinese boomer, to allocate part of his hard-earned money into bitcoin, but most of my pitches have failed badly. For thousands of years in feudal society, the Chinese have a natural inclination to believe in…

news Two former heads of the Commodity Futures Trading Commission (CFTC) are offering up a plan for a government-sanctioned, blockchain-based digital dollar. In an op-ed for the Wall Street Journal published Oct. 15, J. Christopher Giancarlo, former CFTC chair, and Daniel Gorfine, former director of LabCFTC, the watchdog’s experimental initiative, proposed a blockchain protocol to digitize…

Dec 5, 2019 at 10:00 UTCUpdated Dec 5, 2019 at 10:00 UTCChromaWay Doubles Down on Gaming With Antler Interactive AcquistionBlockchain startup ChromaWay acquired Antler Interactive, a European immersive game studio in a bid to build out its existing game catalog. ChromaWay, the Stockholm-based blockchain services provider, plans to add Antler’s current suite of games to its…

feature Crypto loan platforms are booming as ether holders look to mitigate portfolio losses endured during 2018’s bear market. Among these decentralized finance (DeFi) applications, San Francisco-based startup Dharma Labs is emerging as one of the industry leaders by facilitating more than $6.4 million worth for crypto loans since its peer-to-peer lending platform launched on…