The truth about Pi coin: Could it be the next Bitcoin?

In other news, Fireblocks has acquired First Digital in a deal worth $100 million and the New York Stock Exchange is pursuing NFT trading. 280 Total views 3 Total shares Last week’s Crypto Biz newsletter explained how Wall Street is essentially marketing Bitcoin (BTC) for us after Wells Fargo said digital assets could “soon hit…

Alchemy's tertiary financing round brings the company's valuation to $3.5B. 466 Total views 8 Total shares San Francisco-based blockchain web services company Alchemy announced a $250 million Series C fundraising round led by Andreessen Horowitz on Thursday, bringing its current valuation to $3.5 billion.This announcement comes hot on the heels of a late April $80…

The United States Securities and Exchange Commission has charged a former pastor and his wife for stealing $500,000 through a trio of fraudulent businesses, including a cryptocurrency offering purportedly backed by a bottled water business.According to a complaint filed on April 2, the pair also sold fake shares in their struggling water business, Teshuater, in…

The trio’s launch marks the first crypto ETFs to go live in Australia, with two of them focused on offering exposure to BTC and the other focused on ETH. 718 Total views 34 Total shares With crypto markets tanking, three crypto-focused exchange-traded funds (ETFs) picked a difficult day to commence trading on local exchange Cboe…

Thursday, Oct. 3 — Crypto markets have again failed to continue their recovery as almost all the top 20 coins by market cap are seeing significant losses.Market visualization. Source: Coin360After climbing to highs of $8,414 over the past 24 hours, Bitcoin (BTC) is down 1.4% to trade at $8,115 at publishing time.The biggest cryptocurrency by market cap has…

1inch Wallet users can now purchase DeFi assets through Mercuryo’s fiat onramp gateway. 2376 Total views 7 Total shares Decentralized exchange aggregator 1inch Network has partnered with Mercuryo, a cross-border payment network, to provide its users with a more seamless gateway to DeFi — potentially opening up the market to greater adoption. “To date, some users…

A report from Reuters claimed that FTX used some of its customer deposits to support Alameda Research. 498 Total views 2 Total shares While information leaks and unconfirmed reports can be a way for the truth to reach the public, they can also be a tool that fans the flames to grow even further in…