ZKsync targets 10K TPS and sub-zero fees by 2025 roadmap goals
ZKsync aims to accelerate personal freedom and mass crypto adoption through its developer-friendly blockchain stack.
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Lightspeed Faction launches $285M startup fund for crypto projects
The crypto-oriented venture capital firm announced a fund that will invest in Seed and Series A rounds for promising blockchain projects. 193 Total views 4 Total shares Venture capital firm Lightspeed Faction has created a $285 million fund for crypto startups, according to a Nov. 9 announcement. The fund will focus on “early stage blockchain
Former Overstock CEO Sells His Entire 13% Stake in the Firm for $90M
Former Overstock CEO Patrick Byrne has sold his 13% stake in the firm for $90 million to move to gold and crypto trading.Byrne sells his entire Overstock stake in 3 daysByrne, who resigned from Overstock on Aug. 22, cashed out nearly 4.8 million Overstock (OSTK) shares, which accounts for more than 13% of the company,…
Bloody Monday: Bitcoin Price Loses $8K, Oil -30%, DOW Futures Plunge
Bitcoin (BTC) closed the week at $8,024, a shocking 9.92% loss and a new weekly low not seen since January 13 when the asset traded for $7,946. The abrupt correction took place as DOW, S&P 500 and oil futures plummeted as investor fears over the economic impact of the coronavirus continue to intensify. Crypto market daily…
BTC price hits $48K with little resistance left before $50K retest
The "final hurdle" before all-time highs is now in sight, say analysts, as Bitcoin adds to weekly gains. 2927 Total views 32 Total shares Bitcoin (BTC) quickly returned to $48,000 during Sept. 15 as BTC/USD continued on the path to a $50,000 retest. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin takes aim at $50,000Data from Cointelegraph…
Global Central Banking Think Tank Launches Digital Monetary Institute
A global think tank for central banking, OMFIF, has announced the launch of its Digital Money Institute, aimed at bridging the gap between digital currency and traditional banking. 1643 Total views 50 Total shares The Official Monetary and Financial Institutions Forum (OMFIF), an independent global think tank for central banking and economic policy, announced the…
Pudgy Penguins’ PENGU token down more than 50% after launch
The non-fungible token (NFT) project’s new token has had a lackluster debut in the early hours of trading.
Top 5 cryptocurrencies to watch this week: BTC, LUNA, ATOM, CAKE, FTT
Bitcoin (BTC) price is still range-bound and traders are searching for signs that may provide insight about the next directional move. Philip Swift, the creator of analytics resource LookIntoBitcoin, pointed out on July 9 that the Puell Multiple rebounded “out of the green zone of this week” only for the fifth time in history. Swift…
Alrosa, Tencent, Everledger Bring Diamonds on the Blockchain to WeChat
The world’s largest diamond mining firm, Russia’s Alrosa, has partnered with Tencent, the operator of Chinese social media app WeChat, on a new blockchain-based e-commerce project.Together with blockchain platform Everledger, Tencent and Alrosa will launch a new diamond-focused retail mini-program targeted at WeChat’s one billion active users, according to a Dec. 16 press release.In a…