Ethereum hits $3.2K, surpassing Bank of America market cap
Ethereum’s market cap tops Bank of America, while the SEC weighs spot ETH ETF options and DeFi gains traction.
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Galaxy Digital raises $500 million in convertible debt to fund business expansion
The move comes after the company increased its net profits by over ten-fold in the last quarter. 345 Total views 15 Total shares Galaxy Digital, a cryptocurrency brokerage and merchant bank founded by billionaire investor Michael Novogratz, announced on Monday that it would be issuing $500 million in exchangeable senior notes to accelerate business initiatives.…

Voyager Digital sees 16X increase in quarterly revenue, first operating profit
The Canadian trading and yield app recorded $60 million in revenue for Q1, 2021. 2727 Total views 4 Total shares Crypto asset trading firm Voyager Digital has announced financial results for the first quarter of 2021, and they are impressive.The retail crypto trading and yield platform reported another record quarter, with momentum continuing into the…

Bitcoin heading for worst quarter since start of 2018 bear market
Bitcoin is poised to post its worst-performing quarter since the start of the 2018 bear trend.The current quarter is also on track to be the second-worst on record for BTC ine almost eight years since the start of 2014.According to crypto data aggregator, Skew, Bitcoin is currently down nearly 46% for the quarter, the weakest…

Metaverse projects failed on lack of correct business model: MetaMinds CEO
The metaverse may no longer have mainstream appeal to some global tech leaders compared to two years ago. However, weaknesses in the testing of the various investments and initiatives in the emerging technology may have resulted in some of them failing.On the sidelines of the recent Cardano Summit in Dubai, Sandra Helou, CEO of MetaMinds

CryptoSlam founder says new SlamNet ecosystem aims to solve Web3 fragmentation
CryptoSlam founder and CEO Randy Wasinger believes Web3 is becoming too fragmented for developers and users and plans to solve the issue with a new platform.

KPMG unveils blockchain solution to track climate emissions
As organizations come under pressure to ramp up climate change policies, accounting giant KPMG has launched a new blockchain-based solution. 637 Total views 21 Total shares International accounting firm KPMG has unveiled its blockchain based Climate Accounting Infrastructure (CAI) solution to help organizations measure, report, and offset their greenhouse gas emissions.CAI uses blockchain to securely…

Wintermute launches OutcomeMarket, US election prediction tokens
The new market will feature Chaos Labs’ Edge Proofs Oracle support, but probably won’t be accessible in the United States.

Altseason stifled by lack of fresh inflows into sector — Analyst
“Altcoin markets are currently a zero-sum player versus player game,” market analyst and CryptoQuant CEO Ki Young Ju wrote.