Category: Latest news
-

New $60M web3 fund from Axelar offers close support from Circle, Polygon & exposure to top investors
[ad_1] The interchain communication protocol, Axelar, has announced a $60M funding program to drive innovation for web3 startups building during the bear market. “The Axelar Ecosystem Startup Funding Program is designed to nurture a pipeline of developers building Web3 products that rival anything on the centralized web.” Given the current crypto landscape, such funds are…
-

Cathie Wood’s ARK Investment isn’t doing so great
[ad_1] ARK Investment, a venture capital company founded by Cathie Wood, is bracing for the coldest winter it had in a long time. The ARK fund, a pandemic-era success story that brought Wood to worldwide fame, has seen every stock it owns drop to all-time lows. Shares of the fund itself are down nearly 63%…
-

Wave Labs reveals DAXA warning caused significant damage to WAVES token
[ad_1] Waves Labs has reported that Futures data revealed that a DAXA warning on Dec. 8 did more harm to the WAVES token than the depegging of the USDN stablecoin “ever could.” The Open Interest (OI) on WAVES across various centralized exchanges (CEXs) dramatically increased, following an Upbit announcement to suspend WAVES token deposits on…
-

Greenidge signs $74 million debt restructuring deal as bankruptcy fears emerge
[ad_1] Bitcoin (BTC) miner Greenidge Generation has entered into a $74 million debt restructuring agreement with crypto lender NYDIG, according to a Dec. 20 SEC filing. The restructuring — which is expected to improve Greenidge’s future liquidity and balance sheet — is based on a non-binding term sheet that was entered into on Dec. 19.…
-

Russia’s Ukraine invasion led to Bitcoin’s highest sell-off in the past 2 years
[ad_1] The last two years have been very eventful for the crypto space. The industry witnessed astronomic crypto adoption, and Bitcoin (BTC) traded at an all-time high of over $69,000. However, despite this remarkable growth, the industry has witnessed some adverse events that have shaken investors’ confidence. Using Glassnode’s Revived Supply data, CryptoSlate can measure…
-

Gemini suffers 2 downtimes in 7 days
[ad_1] Bitcoin deep dive: 15M BTC in self-custody as Binance withdrawals peak, derivatives switch to ‘risk-off’ A weekly recap of key Bitcoin metrics affecting its price performance in the market, published every weekend. James Van Straten · 3 days ago [ad_2] Source link
-

Vitalik Buterin says XRP is ‘completely centralized,’ Ripple CTO reacts
[ad_1] Ethereum (ETH) co-founder Vitalik Buterin in a Dec. 19 interview with Bankless, said Ripple’s XRP “was still completely centralized.” According to Buterin, for a project to have itself as part of the crypto space, it needs to use cryptography and have “some kind of chain data structure somewhere.” He added that XRP hasn’t apologized…
-

Aptos-based Mojito Market suspends operation because of FTX crash
[ad_1] Bitcoin deep dive: 15M BTC in self-custody as Binance withdrawals peak, derivatives switch to ‘risk-off’ A weekly recap of key Bitcoin metrics affecting its price performance in the market, published every weekend. James Van Straten · 3 days ago [ad_2] Source link
-

Dogecoin down as Musk reconsiders Twitter CEO position
[ad_1] Over the last 24 hours, the cryptocurrency market cap saw net inflows of $3.29 billion and currently stands at $811.36 billion — up 0.4%. Meanwhile, Bitcoin and Ethereum’s market cap grew 0.4% and 2.4% to $323.73 billion and $148.44 billion, respectively. The top 10 cryptocurrencies posted a mixed performance over the last 24 hours.…
-

FTX seeks to recoup SBF’s donations to US politicians
[ad_1] Bankrupt crypto exchange FTX said it is working to recover all political donations made by its disgraced founder Sam Bankman-Fried, FT reports. Sam Bankman-Fried (SBF) was the darling of many U.S. politicians until his billion-dollar crypto empire collapsed on Nov. 11. Following FTX’s bankruptcy, SBF was arrested in the Bahamas, and charged by U.S.…