Parafi Capital’s $120M fundraise signals renewed growth for crypto funds
Crypto firms and VCs have been raising capital this year as cryptocurrency prices recover, improving overall market sentiment.
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Want to improve blockchain infrastructure? Work under layer-two solutions
There has been a lot of talk about how blockchain unlocks endless enterprise opportunities. And although all this buzz has not entirely translated to tangible results, the explosion of the decentralized finance and nonfungible token (NFT) markets has laid down markers on what is achievable and how blockchain can truly impact even the most conservative…
Saudi British Bank Launches Ripple-Powered Instant Cross-Border Transfer Service
Saudi British Bank (SABB) has launched an instant cross-border transfer service powered by Ripple, according to a news release on April 25.The bank said the technology, unveiled at the Financial Sector Conference in Riyadh on April 24 and 25, formed part of its “strategic plan towards digital transformation and enriching customer experience.”According to SABB, it…
Why did Bitcoin fall below $33K? Coinbase whales might have the answer
A look at Coinbase Pro's BTC price premium suggests that selling is underway on Thursday, as Bitcoin falls 7% in 24 hours. 429 Total views 3 Total shares Bitcoin (BTC) slid under $33,000 for the first time in over a week on Jan. 21 as selling pressure gathered to drive price action lower.Coinbase Premium abruptly…
Bitcoin futures hit $20.3K right before BTC price drops $1K in 10 minutes
Wild volatility ensues as Bitcoin attempts to crack $20,000 and futures challenge their own record highs. 4929 Total views 23 Total shares Bitcoin (BTC) futures hit $20,000 on Dec. 1 as all-time highs finally began to convert into a new price era for BTC/USD.Data from TradingView showed Chicago Mercantile Exchange Bitcoin futures heading past the…
South Korean President Stresses Regulatory Innovation for Blockchain
South Korea’s President Moon Jae-In stated that regulatory innovation regarding blockchain technology is now a question of survival.Regulatory innovation is not a matter of choice anymore, it is a question of survivalThe President of South Korea stressed the importance of the development of new regulatory approaches towards new technologies such as blockchain in the light…
Circle and Coinbase Invite More Members to Consortium Behind US Dollar Coin
Goldman Sachs-backed crypto startup Circle and crypto exchange and wallet service Coinbase are expanding their consortium behind USD coin (USDC), according to a blog post on June 13.The Centre consortium acts as a platform for deposits and fiat conversions for Circle’s own cryptocurrency, a United States dollar-backed digital token.Having launched USD coin back in September…
How blockchain games create entire economies on top of their gameplay: Report
Axie Infinity turned its game into a billion-dollar economy that helped thousands of players in the Philippines and other low-income countries to weather the fallout from pandemic mitigation measures. The main ingredient for success: strong property rights. Players can take in-game material out of the game and trade on third-party marketplaces like OpenSea. The freedom to…
Survey: Ripple Ranked One of Top Employers in San Francisco Bay Area
Payment startup Ripple (XRP) has been ranked as one of the best employers in the technology industry in the San Francisco Bay Area, according to a recent survey by research firm Good Place to Work (GPTW).On the list of the best small to medium companies to work in the Bay Area prepared by GPTW, Ripple…