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Nansen Raises $75mn in First Stage Funding Led by Accel


Nansen, a Blockchain analytics startup, secured $75 million in its new investment round headed by Accel with participation from Andreessen Horowitz and Tiger Global, a tech investor on this Thursday. The funds acquired in the round will be used to develop the functionality on the company’s...

Scammers Stole USD 7.7B in Crypto in 2021 Amid Rug Pull Surge - Chainalysis


  Scams continue to generate the largest stream of cryptocurrency-based crime by transaction volume, with more than USD 7.7bn worth of crypto stolen from victims across the world so far this year, according to a recent report by blockchain analysis company Chainalysis.... Read More: Scammers Stole...

USDC Sees Native Launch on Avalanche


USDC, the second leading stablecoin by market cap, has been launched on the Avalanche blockchain as a native token. Previously, users wanting to get USDC in Avalanche had to bridge it via Ethereum. Now, Circle, the issuer of usd coin (USDC), will allow users to mint the tokens directly...

SHIB Whale Buying Trend Continues with $4.2M Purchase


Despite the crypto market being in a pinch, whale investors are showing great faith in Shiba Inu. The meme coin has been on a constant buying rally as another crypto whale buys 125 billion SHIB. The Ethereum whale spent over 4.2 million dollars to conclude the deal, as per Etherscan. At the time...

Harry Styles NFT: Colorback Cardigan Sold for Over $7,500 in ETH


The fashion industry is going all-in with NFT. The latest entrant is the cardigan that Harry Styles sported in February 2020. It became a sensation with people using their imaginations to stitch new products in a similar fashion. The digital version of the sweater is a perfect 3-D replica. It...

Meta Spends USD 60M On Rights, Trademarks To Secure Its New Name


  Facebook’s parent company Meta is determined to spend USD 60m to acquire the naming rights owned by the US bank Meta Financial Group, the latter company disclosed in a recent regulatory filing.  Earlier this month, Meta Financial Group executed a purchase agreement with Beige Key LLC,...

Arthur Hayes Tells Crypto Traders ‘It Pays to Wait,’ Stronger USD Coming


  Monetary policy in the US and China will most likely not get any easier in the near term, and it, therefore “pays to wait” with making new investments in crypto, the co-founder and former CEO of crypto derivatives exchange BitMEX, Arthur Hayes, suggested. ... Read More: Arthur Hayes Tells Crypto...

AUD/USD Looks Higher Ahead of Busy Week as Sentiment Improves


Markets in the Asia-Pacific set at a higher opening at the start of the week. With the Omicron threat set aside, the S&P 500 sealed at a new record high last Friday on Wall Street. The traders are now focused on the Federal Reserve and monetary policy announcement this week, scheduled...

Bitcoin Hovers Near $48k Ahead of Fresh Key US Inflation Data


The main idea of Bitcoin is to develop a programmable agreement without the intervention of a third-party association. Many investors and ordinary people consider it a form of asset that will increase in value in the future. Moreover, the Bitcoin asset distribution helps the company raise money...

Vera Successfully Performs Non-Custodial Rental of $1.5 Million Bored Ape


Vera, one of the leading NFT and DeFI platforms, is now the first protocol for renting a $1.5 million dollars NFT to two unknown individuals. The most awaited ETH mainnet platform was unveiled at the Sagamore South Beach Hotel, where the Art Basel Miami is taking place. The NFTs are the Bored...

MicroStrategy Spends Another USD 82m on Bitcoin


  The US-based business software firm MicroStrategy has bought an additional 1,434 bitcoin (BTC), bringing its total stash to BTC 122,478 (USD 6bn), the company’s CEO, Michael Saylor said. The new coins were acquired at an average price of USD 57,477.... Read More: MicroStrategy Spends Another...

Cardano (ADA) Shows Recovery but Struggles Around $1.5


Cardano’s price has taken a bullish momentum after the plunge of December 4. Investors are hoping for a higher high to change the bearish momentum. It may consolidate in this range.  Last week Cardano price crashed more than 25%, now it has bounced up to create a support level of around $1.38....

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