Gameplay Galaxy raises $24M seed round for Web3 gaming platform
Blockchain Capital and Merit Circle backed the additional funding, bringing the total raised in the round to $24 million.
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$43K BTC flipping support? Not anytime soon, according to derivative metrics
Bitcoin (BTC) showed strength on March 22, posting a 5% gain and testing the $43,000 resistance. The move liquidated over $150 million worth of leverage short positions, those betting on a declining price using futures contracts.Some Twitter analysts attribute the price improvement to the Do Kwon, the co-founder of blockchain protocol Terra. During a recent…
ShapeShift open-sources its upcoming version 2 platform code
The Erik Voorhees-led company is making strides to fully decentralize its corporate structure. In July, ShapeShift announced the largest airdrop in history as part of its decentralization pledge. 256 Total views 8 Total shares As part of its ongoing decentralization efforts, non-custodial cryptocurrency exchange ShapeShift announced Thursday that it has open-sourced the code of its…
Crypto ‘best place’ to store wealth during Fed rate hike: Pantera CEO
"I think when all’s said and done, investors will be given a choice: they have to invest in something, and if rates are rising, blockchain is going to be the most relatively attractive," said Dan Morehead. 1039 Total views 7 Total shares The CEO and founder of leading blockchain venture fund Pantera Capital, Dan Morehead,…
BTC Plunge, YouTube Ban & Other Challenges: Bad Crypto News of the Week
Bitcoin has been on a downward streak for the last week, down around 15 percent over the last seven days. That’s bad but it could be worse. You might have put your money in stocks. Some people, though, remain optimistic. RT’s Max Keiser predicts that the coronavirus will push Bitcoin up to $100,000, and JPMorgan’s…
Blurring the line between crypto and TradFi could redefine global finance
Despite the current struggle in the global economy, the gap between traditional finance (TradFi) and crypto seems to be closing with each passing day. For example, earlier this month, Vienna-based fintech unicorn Bitpanda announced that it was adding commodities to its list of investment options, thus allowing investors to rake in profits from short-term price fluctuations…
Solana ‘memecoin frenzy’ prompts uptick in Rust dev demand
Rust is also becoming an increasingly popular programming language for blockchain firms building “performant distributed systems,” says CryptoJobsList CEO.
EU regulators reportedly scrutinize Binance over securities law compliance
Shortly after the exchange launched stock token trading, German and British financial regulators are reportedly looking into whether the offering complies with securities laws. 5153 Total views 23 Total shares Cryptocurrency exchange Binance's latest product — digital stock tokens representing fractions of equity shares like Tesla and Coinbase — is reportedly being studied by European…
Report: Indictment Reveals Connection to Bitfinex, QuadrigaCX’s Shadow Banking Services
The April 30 indictment of two individuals on multiple counts — including bank fraud and operating an unlicensed money transmitting business — reveals an apparent connection to the shadow banking services that were used in two recent high-profile crypto exchange controversies.The indictment — charging Arizona resident Reginald Fowler and Ravid Yosef, a resident of Tel…