Ripple co-founder pledges $10M in XRP to Kamala Harris campaign PAC
Chris Larsen suggested that Democratic lawmakers could have a “new approach to tech innovation” under a Kamala Harris presidency starting in 2025.
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Grayscale parent company expands GBTC purchase allocation to $1 billion
The new allocation extends DCG’s purchase authorization for the Grayscale Bitcoin Trust by $250 million. 1471 Total views 14 Total shares According to an announcement issued on Wednesday, DCG is now authorized to buy up to $1 billion worth of Grayscale Bitcoin Trust (GBTC).This development extends DCG’s prior authorization by $250 million if they choose…
Synthetix (SNX) rallies in anticipation of L2 Curve Wars and Optimism airdrop announcement
Layer-2 (L2) solutions for the Ethereum (ETH) network have grown in prominence over the last year because of the need for scalable networks that offer low-fee transactions and led to numerous projects that built cross-chain bridges with competing blockchain networks. One project that has benefitted from the growth of the L2 scaling solutions is Synthetix (SNX),…
Fiat inflation has cost Bitcoin hodlers 20% over the past decade
Since 2010, inflation has turned $1 into 84 cents while $1 invested in Bitcoin would be worth $274,000. Bad news — the increase in the Bitcoin (BTC) price over the past decade may have been overstated because of the accompanying fiat inflation. Since Bitcoin is typically denominated in fiat — United States dollars usually —…
Blockchain Gaming Platform Refereum Brings Crypto Payouts to PUBG
United States blockchain-based rewards and marketing company Refereum has announced a partnership with a South Korean online games developer and publisher to expand its in-game rewards scheme. 8 million players to gain access to tokensIn a press release shared with Cointelegraph and subsequent blog post July 23, Refereum, which pays users in its in-house RFR token,…
Ark Invest sells more Coinbase shares, eyes Meta platforms, Robinhood
Cathie Wood, the Bitcoin advocate, is actively investing in Meta Platforms (META) and Robinhood Markets (HOOD) shares. 500 Total views 11 Total shares As the stock price of Coinbase (COIN) reaches a 52-week high, Ark Invest, the investment management firm led by Bitcoin (BTC) bull Cathie Wood, has recently divested more of its Coinbase shares.Following…
Hodler’s Digest, February 4–10: Top Stories, Price Movements, Quotes and FUD of the Week
Top Stories This WeekFacebook Reportedly Acquires Blockchain Startup in First Blockchain-Related AcquisitionSocial media network Facebook has reportedly acquired blockchain startup Chainspace in its first apparent blockchain-related acquisition. According to news outlet Cheddar, the acquisition is considered an “acquihire,” or an acquisition of a company made in order to get the skills or expertise of its…
South Korean prosecutors accuse Do Kwon of manipulating Terra’s price
A local report from South Korea claims that the country's prosecutors have obtained evidence to suggest Terraform Labs co-founder Do Kwon had onceordered an employee to manipulate the price of Terra Luna Classic (LUNC).A report by Korean Broadcasting System (KBS) on Nov. 3 quotes an official from the South Korean Prosecutors Office, who said they…
R3 Consortium Member Closes $10 Million Funding Round for Blockchain ID Platform
United States-based credit union service organization CULedger has raised $10 million in a Series A funding round for its credit union-focused blockchain platform, according to a press release published Jan. 29.The company, which is a member of R3’s global blockchain ecosystem, first announced its funding round and its goal of raising $10 million in October,…