The Coin Shark: Grayscale Loses $4.1 Billion in Assets Under Management
Wednesday, 24 February 2021 20:45
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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The Coin Shark: Optimism Raises $25 Million in A-series Funding
Wednesday, 24 February 2021 22:40
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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CoinCodex: This Blockchain Solution is Offering 0% Commissions for Processing Crypto Payments
Thursday, 25 February 2021 08:41
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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CoinCodex: Polkamarkets Launches POLK Token Through Polkastarter IDO and Uniswap Listings
Thursday, 25 February 2021 10:57
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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CoinCodex: XRP Price Analysis: XRP Sees Rocky Performance As SEC Lawsuit Makes Developments
Thursday, 25 February 2021 12:12
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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CoinCodex: Ethereum Layer 2 Scaling Project Optimism Raises $25 Million in Investment Led by Andreessen Horowitz
Thursday, 25 February 2021 12:59
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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The Coin Shark: Miners ETH: A Feast in Time of Plague!
Thursday, 25 February 2021 16:06
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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CoinCodex: NFT-Powered Fantasy Football Platform Sorare Scores $50 Million Series A Investment
Thursday, 25 February 2021 16:07
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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CoinCodex: DeFi Project 1inch Announces Expansion to Binance Smart Chain
Thursday, 25 February 2021 17:32
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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The Coin Shark: Canadian CI Financial Plans to Launch Ethereum-ETF
Thursday, 25 February 2021 21:00
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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