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Biden Campaign Pleads For Donations To Compete With Crypto Execs Supporting Trump
22.5.2024
Joe Biden is having trouble keeping pace with the crypto lobby, which is overwhelmingly backing the Trump campaign.
The post Biden Campaign Pleads For Donations To Compete With Crypto Execs Supporting Trump appeared first on Cryptonews
Farcaster Secures $150M in Funding, Reaches $1B Valuation With Backing From Paradigm
22.5.2024
Farcaster, a decentralized social media platform leveraging the Ethereum blockchain and Optimism’s Layer two ecosystem, has successfully raised $150 million in a funding round led by Paradigm, bringing its valuation to $1 billion. The funds will be used to sustain the project’s...
Vitalik looks for backing of short term wallets on Ethereum
9.5.2024
The Co-Founder of Ethereum, Vitalik Buterin, came out with a fresh Ethereum improvement proposal (EIP) that intends to adjust with the builder’s contrasting methods of account takeaway in forthcoming hard forks. EIP-7702 comes after EIP-3074, which was appropriate for acceptable...
GoMining Secures Bitscale Capital Backing to Accelerate Its NFT-Based Bitcoin Mining Operation
8.5.2024
PRESS RELEASE. British Virgin Islands / Wednesday / GoMining, the infrastructure company easing access to Bitcoin mining with its Liquid Bitcoin Hashrate protocol, has raised $3 million through a direct investment from Bitscale Capital, a top international VC fund. The agreement will see Bitscale...
cBridge backing the linking of uniETH with X Layer
30.4.2024
Following the backing of cross-chain staking with the help of uniETH tokens, the inclination was to provide added backing so that uniETH could offer holders further utility. Therefore, cBridge is backing the linking of uniETH with X Layer, a ZK-boosted decentralized Ethereum Layer 2 network. It...
Explosive Growth Ahead: Pushd E-Commerce Set to Rival Amazon with Solid Backing from Chainlink & Algorand Investors
27.4.2024
Crypto analysts always consider the potential future of different coins based on their past and current performance. Meanwhile, as Chainlink and Algorand navigate price fluctuations, Pushd emerges as a new player poised to solve the common problems faced in the e-commerce sector using blockchain...
Galactic Group Launch AAA Web3 Play-to-Own Game Publisher With World-Class Talent
19.4.2024
Galactic Group to launch AAA Web3 game publisher in the United Arab Emirates (UAE) with the backing of world-class talent from Hollywood and the gaming industry.
The post Galactic Group Launch AAA Web3 Play-to-Own Game Publisher With World-Class Talent appeared first on Cryptonews
Ethena Labs Adopts Bitcoin to Back USDE Stablecoin; Supply Surpasses 2 Billion
5.4.2024
On Thursday, Ethena Labs unveiled its new strategy to back USDE with bitcoin, enhancing the stablecoin’s foundation. The stablecoin, known for delivering yields in the double digits, has rapidly ascended to become the fifth-largest stablecoin by market capitalization, now valued at over...
Ethena Onboards Bitcoin as Backing Asset to Make USDe 'Safer'
5.4.2024
The platform will use a cash-and-carry trade to short bitcoin futures and pocket funding rates to generate yield on its USDe tokens
Ethena Labs to Scale USDe Stablecoin with Bitcoin Backing
5.4.2024
Ethena Labs plans to use Bitcoin as backing to expand the capacity and stability of USDe stablecoin, which is currently backed by only Ethereum liquid staking tokens.
The post Ethena Labs to Scale USDe Stablecoin with Bitcoin Backing appeared first on Cryptonews
DogWifHat Price Prediction as WIF Reaches $4 Billion Market Cap – Can WIF Overtake Dogecoin?
4.4.2024
DogWifHat's valuation soars to $4 billion, stirring debate if it can eclipse Dogecoin, driven by its robust market rally and celebrity backing.
The post DogWifHat Price Prediction as WIF Reaches $4 Billion Market Cap – Can WIF Overtake Dogecoin? appeared first on Cryptonews
3 Major UK Banks Bet On Blockchain Property Network With $12M Backing
3.4.2024
Lloyds Bank, Nationwide Building Society, NatWest Group, and property portal Rightmove collectively invested £10m (about $12.6m) in Coadjute, a blockchain firm focused on property transactions.
The post 3 Major UK Banks Bet On Blockchain Property Network With $12M Backing appeared first...
Web3 Messaging Platform beoble Gets Backing from Animoca Brands to Scale
7.3.2024
Web3 messaging and social platform beoble has secured a strategic investment from Animoca Brands, a gaming and metaverse-focused venture capital firm.
The post Web3 Messaging Platform beoble Gets Backing from Animoca Brands to Scale appeared first on Cryptonews
Can Frogwifhat Meme Coin Catch Dogwifhat? New Crypto Fair Launch Pumps on Uniswap, Rumours of Big Influencer Backing
26.2.2024
Launched today on Uniswap decentralized exchange, Frog Wif Hat Token ($FWIF) is set to outrun Dogwifhat to be the next meme coin to blow up the crypto internet. The price of $FWIF has pumped 226% in minutes and you can get in on the price action by grabbing the contract address...
Y Combinator Expands Focus to Include Stablecoin Startups
19.2.2024
Y Combinator identified 20 specific areas in its latest Request for Startups list, potentially signaling upcoming investment trends. The venture fund, known for backing early-stage tech startups, highlighted stablecoin finance as one of its key investment areas. Stablecoins are a type...
Orbiter Finance unveils L2 network with OKX backing
29.1.2024
Orbiter Finance, a rapidly expanding entity within the cryptocurrency industry, has achieved a noteworthy milestone with the addition of more than three million users to its cross-chain bridge. This groundbreaking endeavor facilitates the exchange of assets among rollup networks. The investment...
Whales Are Now Backing This Token Over Shiba Inu (SHIB); Here’s Why
3.1.2024
The world of cryptocurrencies is known to be quite volatile, with the influence of major investors and fluctuating investor sentiments constantly shaping the market. Amidst this ever-changing environment, a new player has emerged that is garnering the attention of major investors and could...
Who Has the Best Bitcoin ETF? BlackRock’s Fee Still A Mystery
2.1.2024
Source: DALL·E Trillion-dollar asset managers are eyeing approval for their Bitcoin (BTC) ETF products within days, and all are competing to seize market share at the opening bell. One major area of competition relates to management fees – the annual cost imposed by funds to handle the BTC backing...
Coinbase CEO Says an Anti-Crypto Stance is a Bad Political Strategy Ahead of 2024
20.12.2023
Source: a video screenshot Coinbase CEO Brian Armstrong has said that an anti-crypto stance will be a bad political strategy for the 2024 elections giving reasons why millions of young people are backing digital assets. In a Dec 19 post on X ( formerly Twitter), the Coinbase Chief Executive listed...
Senator Warren’s Bipartisan Push to Combat Crypto Money Laundering Gains Momentum
12.12.2023
Source: Screenshot of video Sen. Elizabeth Warren’s YouTube page Senator Elizabeth Warren (D-Mass.) has announced an increase in support for the bipartisan Digital Asset Anti-Money Laundering Act, which aims to tackle concerns around the use of crypto in illegal activities such as money laundering...