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Meme Coin PEPE Surges by 152% This Week, Now the Fifth-Largest Meme Token by Market Cap
30.4.2023
Pepe (PEPE), the meme coin featuring the popular character Pepe the Frog, has experienced a significant surge in value in the past week, rising by 152.9% against the U.S. dollar. Recent statistics indicate that PEPE’s market capitalization has surged from $141 million on April 22 to...
Crypto AI Economy Suffers $730 Million Loss in 2 Months as Interest Wanes
22.4.2023
Less than two months ago, a collection of 74 listed cryptocurrencies centered around artificial intelligence (AI) amassed an impressive $4 billion valuation. However, the intervening weeks have seen a sharp decline in crypto-AI economy gains, with losses of $730 million. The three most prominent...
Berachain Secures $42 Million Series A at $420.69M Valuation, Boosting DeFi-focused Layer 1
21.4.2023
Decentralized finance (DeFi)-focused layer 1 blockchain Berachain has succeeded in raising a total of $42 million under its recently completed Series A funding round at a valuation of some $420.69 million....
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DeFi-Focused Layer 1 Berachain Raises $42M Series A at $420.69M Valuation
20.4.2023
The round was led by Polychain Capital and included participation from venture capital firms Hack VC, dao5, Tribe Capital, Shima Capital and Robot Ventures
Tether Stablecoin Sees 22% Growth in 2023 Despite Dollar-Pegged Token Economy’s Contraction
17.4.2023
Since January 2023, the number of tether stablecoins in circulation has grown from 66 billion to the current 80.9 billion, representing growth of more than 22% this year. Tether’s growth is approaching the high of $83 billion in stablecoins in circulation that the project saw almost a year...
AI-Focused Blockchain CryptoGPT Raises $10M Funding at $250M Valuation
10.4.2023
Stablecoin Tether's Market Capitalization Nears Record High of $83B
6.4.2023
Tether's market cap has increased by 20% this year mainly on account of aggressive issuance on Ethereum's rival Tron
Crypto Protocol LayerZero Raises $120M Series B at $3B Valuation
4.4.2023
The cross-chain interoperability and messaging protocol last raised funds in March 2022 at a $1 billion valuation
Arbitrum’s Governance Token ARB Ranks Within Top 40 Market Capitalizations Following Airdrop
25.3.2023
Following the Arbitrum token airdrop, ARB has become a top 40 cryptocurrency as it currently holds the 37th largest market valuation out of more than 23,000 listed digital currencies. Currently, there is a circulating supply of 1,275,000,000 ARB, and the Arbitrum Foundation’s DAO Treasury...
Animoca denies reports of $200M cut to Metaverse fund and valuation drop to $2B
25.3.2023
Speaking with Cointelegraph, Animoca co-founder Yat Siu noted that given the source’s anonymity, it “makes it difficult to ascertain exactly who or what the sources/agenda is.”
Multichain Wallet Bitkeep Raises $30 Million From Bitget to Strengthen Links Between Defi and Cefi
23.3.2023
On Wednesday, the multichain wallet Bitkeep announced it raised $30 million from the crypto derivatives platform Bitget. Bitkeep now has an overall valuation of $300 million, with goals aimed at strengthening the links between decentralized finance (defi) and centralized finance (cefi). Bitget...
Multichain wallet BitKeep raises $30M at $300M valuation
22.3.2023
The firm previously raised $15 million at a $100 million valuation in May 2022
Lido’s Staked Ethereum Token STETH Reaches $10.3B Market Capitalization, Ranks Ninth by Market Valuation
20.3.2023
With the crypto economy experiencing significant gains over the past week and the price of ethereum rising 11.9%, the market capitalization of Lido’s staked ether has increased to $10.3 billion. This recent increase has propelled the token’s overall market valuation to...
Stablecoin Supply Plummets After Depegging Event: $7.4B Dollar-Pegged Tokens Withdrawn From Circulation
17.3.2023
During the past 11 days, over 7 billion USDC stablecoins have been withdrawn from circulation, with most of the redemptions occurring following the depegging event of USDC on March 11, 2023. Furthermore, since March 6, a total of 439.48 million BUSD stablecoins have been redeemed. Stablecoin...
Payments Processor Stripe Secures $6.5B in Funding at $50B Valuation
16.3.2023
Stripe's valuation has fallen about 47% from its 2021 fund raise of $95 billion
Bitcoin Becomes 12th Largest Asset Worldwide by Valuation, Surpassing Visa
15.3.2023
After dropping below $26,000 per unit, the price of bitcoin, the leading digital asset by market capitalization, is still up 9.6% since last week. However, its price has decreased by 6.5% in the last 24 hours. Out of the 7,316 companies, crypto assets, precious metals, and exchange-traded funds...
Blockchain.com Shutters Asset Management Subsidiary Amid Crypto Winter and Industry Turmoil
11.3.2023
According to reports and a filing that shows its name struck off the U.K. companies’ register list, Blockchain.com is sunsetting its Blockchain.com Asset Management subsidiary. A company spokesperson cited deteriorating “macroeconomic conditions” and the “crypto winter”...
Redemption and Reshuffling: BUSD’s Exit From Top 10 Cryptocurrencies Shakes Market Valuations
6.3.2023
It has been 21 days since Paxos revealed that it would no longer mint the stablecoin BUSD. Since then, over 7 billion BUSD stablecoins have been redeemed. Prior to the announcement, BUSD was once a top-ten crypto asset. However, the top ten cryptocurrencies by market valuation have changed since...
Crypto Economy Swelled 80,466% Since 2013, Despite $1.5 Trillion Loss in 2022 Downturn
1.3.2023
Nine years and nine months ago, on May 9, 2013, coinmarketcap.com recorded 14 cryptocurrency assets, and bitcoin’s overall valuation was $1.24 billion, with 11.13 million bitcoins in circulation at the time. Today, the same website indicates that there are 22,709 crypto assets. Additionally...
DeFi Trading Platform Aurox Seeking Funding at $75M Valuation
28.2.2023
The DeFi-focused software developer firm is seeking to raise up to $1 million in a crowdfunding campaign on tZERO