Real Bedford FC boosts Bitcoin stash with $4.5M acquisition

“It’s not $400 million. It’s the credibility that comes with the people who wrote those cheques,” Celsius CEO said. 961 Total views 5 Total shares Cryptocurrency lending platform Celsius Network has raised $400 million in a new equity funding round amid United States regulators increasingly cracking down on crypto lending.Announcing the news on Tuesday, Celsius…

The Ethereum netflow chart shows that the spike in exchange flows has often come at a time when the price of ETH was trading at a short-term/long-term low. 285 Total views 6 Total shares The exchange netflow of Ether (ETH) over the past couple of years highlights a behavioral pattern among Ether whales that market analysts…

Cryptocurrency exchange Huobi has joined Russia’s VEB Innovation Fund to share notes on crypto regulation, according to a fund’s press release published Wednesday, September 19.According to Crunchbase, the VEB Innovation Fund was created in 2011 to invest in Russian high-tech startups and to promote local innovations in the global market. The Center of Digital Transformation,…

The MetaMask Institutional wallet added Cobo NFT management to its growing list of custodial services for institutional investors. 429 Total views 17 Total shares Institutional investment is pouring into the crypto world, notably the nonfungible token (NFT) scene. In a reaction to the influx, MetaMask Institutional announced another addition to its custodial services offerings for…

The crypto lender’s liquidation price on its Bitcoin loan has dropped to less than $5,000, according to DeFi industry data. 664 Total views 4 Total shares Celsius (CEL) has repaid a substantial amount of its outstanding debt to Maker (MKR) protocol since the beginning of the month, signaling that the troubled crypto lending platform was…

Since the inception of Bitcoin, volatility has been a part of the cryptocurrency narrative even before exchanges and the current mainstream mentions. Now that traditional markets are showing volatility further exacerbated than anti-fragile cryptocurrency during the coronavirus pandemic, the community is seeing how traditional marketplaces like the New York Stock Exchange handle equity and commodity…

With the nonfungible token market approaching the frothing point, perhaps it’s time to sit back and ask: “What’s happening here?” The $750,000 in proceeds from the recent sale of a single “alien” CypherPunk NFT, after all, could have paid for a reasonably sized house.The crypto world at large is only 12 years old, entering adolescence,…

$258 million worth of stolen crypto assets have been returned so far and the hacker claims they are keeping the rest of the funds safe while they negotiate with Poly. 222 Total views 3 Total shares The Poly Network hacker has now returned $258 million to the cross-chain DeFi protocol and  conducted a question and…

Over the years, several cryptocurrency companies have claimed that deposits with them were insured by the United States Federal Reserve and the Federal Deposit Insurance Corporation (FDIC) as if they were regular savings accounts. While so far, no crypto firm has been able to offer depositors this type of insurance, some speculate it could be…