Crypto startup funding grows to $2.7B in Q2 despite fall in total deals

The collaboration will have both parties researching the offline capabilities of CBDC issued by South Korea’s central bank. 124 Total views 3 Total shares Tech giant Samsung Electronics has reportedly partnered with the South Korean central bank to conduct research on central bank digital currency (CBDC) for offline payments.On May 15, South Korea’s central bank…

The marketwide sell-off on May 19 triggered a 55% decline in the price of Bitcoin (BTC), and altcoins were hit even harder, with some tokens seeing declines of up to 90%.One project whose native token price appears to have bottomed out after an 87% decline from its all-time high is Verasity, an e-sports-focused blockchain protocol focused on…

A crypto analyst claimed that staking Bitcoin within exchanges allows them to sell it to someone else; Cointelegraph reached out to the platforms for more info. 1543 Total views 4 Total shares Security breaches and hacks often highlight the risks of storing Bitcoin (BTC) on centralized exchanges. One analyst even claims that keeping your BTC…

The Central Market supplies over 12 million people per month in Argentina. The move will allow companies to accept and pay bills with USDT. 244 Total views 2 Total shares Argentinians can now purchase dairy produce with the USDT stablecoin at the Central Market of Buenos Aires — one of the largest movers of fruits…

The social media network says the aim of the partnership is to bring Ethereum to "Reddit-scale" production. 1433 Total views 14 Total shares Popular social media network Reddit, which counts over 1.7 billion monthly visits, is deepening its ties with the Ethereum Foundation in what it has formalized as its first-ever blockchain partnership.According to an…

Investors can now hedge against interest-rate risk in a DeFi environment by trading Secured Overnight Financing Rate (SOFR) swaps. 217 Total views 1 Total shares Decentralized finance protocol Voltz now allows Avalanche users to trade interest rate swaps of the Secured Overnight Financing Rate (SOFR), a benchmark dollar rate used throughout the global economy. The new…

Layer two activity is cooling for most networks, but Arbitrum has seen an increase in TVL and active addresses recently. 165 Total views 14 Total shares On-chain activity for the leading Layer 2 networks has been declining recently, however, the Arbitrum platform is bucking the trend according to recent findings.Blockchain analytics firm Nansen has reported…

The funding round was led by Foundation Capital, with follow-on investment from CMT digital. 57 Total views 1 Total shares Own this piece of history Collect this article as an NFTLondon-based digital asset protection firm, Coincover, has secured $30 million in a funding round led by Foundation Capital, with a follow-on investment from CMT digital. According…

Visa Brazil exec outlines plans for implementing crypto assets such as Bitco onto the payments platform. In a recent interview with local Brazilian news outlet Seu Dinheiro, Eduardo Abreu, Vice President of new business at payments giant Visa, revealed the company's intentions to integrate crypto assets onto its platform for both payments and as a…