SOON closes funding round for Solana-based layer 2
Backers hail from Solana Labs, Coinbase Ventures and Celestia, among others.
Related Posts
SEC and Ideanomics settle in fraudulent $40M crypto revenue reporting
The Ideanomics case exemplifies the potential consequences of misleading financial practices and reinforces the need for rigorous compliance with federal securities laws.
Yearn’s merger with SushiSwap will be the most comprehensive to date
YFI token holders will vote on some aspects of the integration. 967 Total views 16 Total shares The flurry of Yearn.finance (YFI) “mergers” continues as the project announces the tightest DeFi integration yet, this time with SushiSwap (SUSHI), the decentralized exchange that began its life as a Uniswap fork.Announced by Yearn founder Andre Cronje on…
London-Based Hedge Fund Raises $50M to Launch New Crypto Investment Fund
Nickel Asset Management, a United Kingdom-based hedge fund manager, has raised $50 million for its newly launched crypto investment fund.According to a report from Finance Magnates on Sept. 9, the hedge fund has raised $50 million for its newly launched crypto investment fund, Nickel Arbitrage Fund, which aims to take advantage of arbitrage trading in…
Chinese Bitcoin Investor: CNH Tether Avoids USDT Regulatory Risk
In late August various crypto media reported that Tether planned to issue a Chinese yuan-backed stablecoin. Bitfinex shareholder Zhao Dong told ChainNews that the stablecoin would be called CNHT and be held in offshore accounts. Zhao also said that his peer-to-peer lending platform, RenrenBit, had invested in the project and on Sept. 9 Tether officially…
Bitcoin keeps falling as former BitMEX CEO gives $30K BTC price target for June
Bitcoin (BTC) saw a predictable fall into the Wall Street open on April 11 as bears took the market toward $40,000.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin edges toward $40,000Data from Cointelegraph Markets Pro and TradingView showed last week’s downtrend gathering pace Monday after a disappointing weekly close.The calm weekend thus gave way to volatility as…
Minecraft, GTA may change their tune on blockchain yet: GameFi execs
While several mainstream game studios have taken a noticeable step back integrating blockchain tech, three blockchain gaming executives say it's only a matter of time before they change their tune. In July last year, Minecraft developer Mojang Studios announced a ban on NFTs and blockchain technology. By November, Rockstar Games updated its website to stipulate that fan-operated…
After years of doubts and concerns, it is finally Bitcoin’s time to shine
Gold has served as a store of value for thousands of years. Due to this, investors have widely used it as a hedging tool against the effects of recessions and inflation often caused by geopolitical tensions. In light of recent events such as the COVID-19 pandemic and, more recently, the military crisis between Russia and…
US lawmaker purchases exposure to Bitcoin through Grayscale shares
Congressperson Marie Newman bought between $15,001 and $50,000 of GBTC in addition to up to $215,000 in Coinbase Global's COIN shares. 1561 Total views 45 Total shares Illinois Representative Marie Newman has disclosed she purchased up to $50,000 in exposure to crypto through shares of Grayscale Bitcoin Trust.According to a financial disclosure report filed with…