Grayscale Loses $4.1 Billion in Assets Under Management? The decline in Bitcoin’s value which occurred on February 22, led to a sharp reduction in funds under management of the largest Bitcoin whale Grayscale. In BTC and other cryptocurrencies, the company lost more than 4 billion dollars This…
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Optimism Raises $25 Million in A-series Funding? Investors were headed by a16z. Interest in cryptocurrencies is caused by the fact that the startup solves the problem of scalability Of Ethereum A16z notified users in its blog that it had invested in Optimism. The startup is in the…
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Judging by the level of attention Bitcoin and other cryptocurrencies have received recently, it is obvious that this rather nascent industry is finally going mainstream. In the past few months, the crypto sector welcomed significant investment from institutional players, including Tesla who recently purchased $1.5 billion worth…
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Decentralized predictions market project Polkamarkets has completed its token sale through the Polkastarter platform, and the project’s POLK tokens are now available for trading on Uniswap.
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The price of XRP saw a steep 12.8% price drop this week as it currently sits at the $0.467 level. The cryptocurrency had seen an interesting week as it briefly surged higher on Monday to reach as high as $0.685 (bearish .5 Fib Retracement) when the rest…
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Prominent venture capital firm Andreessen Horowitz is leading a $25 million Series A investment into Optimism, a project build a layer 2 scaling solution for the Ethereum blockchain. Optimism is using optimistic rollups and a virtual machine that’s completely compatible with the Ethereum Virtual Machine.
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Miners ETH: A Feast in Time of Plague!? Ahead of the Eth2 update, and the Ethereum blockchain will move from mining (POW) to steaking (POS). How will the future of Ethereum miners develop, what projects do they migrate to? We don't know yet. Only one thing is…
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Sorare, a fantasy football and collectibles platform that leverages non-fungible tokens (NFTs), has raised $50 million in a Series A round led by Benchmark. 
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DeFi project 1inch is expanding to the Binance Smart Chain (BSC) blockchain. According to the 1inch team, the Binance Smart Chain version of their protocols offer the exact same functionality as their Ethereum counterparts – both the 1inch Aggregation Protocol and the 1inch Liquidity Protocol are now also…
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Canadian CI Financial Plans to Launch Ethereum-ETF? Mike Novogratz's company Galaxy Digital will assist CI Financial in launching a stock exchange investment fund. The company will become a consultant to a Canadian firm that manages $230 billion in assets CI Financial has now filed a request for…
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