VC Roundup: Crypto fundraising grows, but investors are more wary
This edition of Cointelegraph’s VC Roundup features Parfin, Andrena, Blockscout, and Cartridge.
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3 reasons why Solana bounced harder than Bitcoin and Ethereum
An overnight bounce across the cryptocurrency assets this Wednesday saw Solana (SOL) outpacing its top rivals, including Bitcoin (BTC) and Ether (ETH).The SOL/USD exchange rate surged 55.10% to $31.58 on Wednesday after bottoming out at $20.14 in the previous session. Its move uphill came in the wake of an overall crypto market retracement that, in…

Ethereum 2.0 Staking Upgrade Can Trigger ETH Price Rally
Ethereum 2.0 has dragged its feet. But when it does finally ship, it could provide the “largest economic shift in society” — or so it’s believed. The launch of ETH 2.0 is tentatively penned for July, transforming Ethereum from a no-frills proof-of-work protocol to a fully-fledged staking platform. After that, instead of competing against each…

Crypto advocates file brief against SEC's investor tracking database
The Consolidated Audit Trail would gather a monumental amount of data, and more than it is meant to when it exposes the identity of crypto wallet holders.

BlockFi Raises Over $18M in a Round Led by PayPal Co-Founders’ VC Firm
American cryptocurrency lender BlockFi has secured $18.3 million in a funding round led by Valar Ventures.The Series A funding round saw participation from a number of crypto-focused investors, including Winklevoss Capital and Galaxy Digital, according to a press release shared with Cointelegraph on Aug. 6. Other investors included ConsenSys Ventures, Akuna Capital, Avon Ventures, Susquehanna,…

European lawmakers silent on US Bitcoin reserve amid digital euro push
European lawmakers have remained silent on the US Strategic Bitcoin Reserve order, a landmark policy shift favoring early adopters of Bitcoin due to its economic model. US President Donald Trump’s March 7 executive order outlined a plan to create a Bitcoin reserve using cryptocurrency seized in criminal cases rather than purchasing Bitcoin (BTC) on the

Near Foundation CEO Marieke Flement resigns
The Near Foundation treasury grew to $350 million under Flament's tenure. 242 Total views 9 Total shares Marieke Flament, CEO of Near Foundation, the developer of the namesake community layer-one protocol, has resigned.According to the September 21 announcement, Chris Donovan, Near Foundation's general counsel, will replace Flament as the new CEO following the resignation. Flament

Bitcoin Price Defies ‘Death Cross’ as Bulls Pin Hopes on $9.1K Bounce
Bitcoin (BTC) price continues to trend lower, marking 5 consecutive lower highs as the price makes a stairstep decline in a falling wedge. Interestingly, the pattern is interpreted by many analysts as a signal of a potentially bullish outcome so perhaps there is still hope.Crypto market data daily view. Source: Coin360BTC USD daily chart. Source:…

Bitcoin Won as Store of Value in Coronavirus Crisis — Hedge Fund CEO
Performance since February currently circles 0.6% gains, providing proof that Bitcoin really can preserve wealth in a crisis, says Travis Kling. 255 Total views 11 Total shares Bitcoin (BTC) has in fact functioned very well as a store of value before the coronavirus crisis, raw data suggests.In a Twitter discussion on May 1, Travis Kling,…