Chinese Internet Giant Tencent Launches Blockchain Accelerator

November strengthened venture capitalists' confidence in crypto and Web3 projects, with major funding rounds returning to the charts alongside seed capital for early-stage firms. Cross-chain protocol Wormhole, for instance, secured a $225-million investment at a valuation of $2.5 billion. The round was led by Brevan Howard, Coinbase Ventures, Multicoin Capital, Jump Trading, ParaFi, Dialectic, Borderless Capital and Arrington

Animoca Brands’ REVV utility token is launching for trade on Uniswap ahead of two upcoming blockchain-powered motorsports games. Blockchain gaming firm Animoca Brands will launch its new REVV token on the popular decentralized exchange Uniswap.REVV will begin trading for Ethereum (ETH) on Uniswap from September 4 at 12 pm UTC. The token’s initial price will…

Roughly three-quarters of the 18.6 million BTC mined to date is not up for sale or even moving anywhere, Glassnode calculates. 2304 Total views 10 Total shares Bitcoin (BTC) investors are quickly storing most of the available coins away and they are not for sale, new data at the start of 2021 reveals.Statistics from on-chain…

The Chilean Supreme Court has ruled against crypto exchange Orionx, allowing a state-owned bank to close its account, local news outlet Emol reported Dec. 4.The third chamber of the high court has revoked the decision taken in July that had guaranteed protection to Orionx and forced local state-owned bank Banco del Estado to reopen its…

The Mooch called Bitcoin “an asset for freedom” while candidly speaking about his long-term optimism for the crypto industry and worries about American leadership. 295 Total views 6 Total shares Skybridge Capital founder Anthony Scaramucci believes the blockchain industry has a very bright future, but he is concerned about the “very weak leadership” in American…

Bitcoin (BTC) was the best performing asset of the decade according to a recent report by Cointelegraph and earlier this week Morgan Creek Capital CEO, Mark Yusko, said that every investment portfolio should have a minimum 1% Bitcoin allocation. Yusko made the comments during an interview with Max Keiser on the Keiser Report, published on Jan.…

Bitcoin (BTC) recovered more swiftly from its bear cycles than Amazon did during the boom and bust of the dot com era, data from crypto analytics firm Messari reveals.Bitcoin’s 2019 breakout ‘extremely bullish’ by comparisonFellow industry analytics firm Ceteris Paribus shared Messari’s findings in a tweet on July 17:“The latest $BTC cycle mirrors $AMZN during the dot-com…

On Nov. 1, the United States President’s Working Group on Financial Markets (PWG) released its long-anticipated report and policy recommendations on stablecoins. The document’s main focus is on prudential risks that “payment stablecoins” — or those meant to maintain a stable value against a reference fiat currency — could pose to users and financial stability.The…