Crypto giant Coinbase has unveiled a strategic partnership with Yellow Card, a service for cryptocurrencies in Africa. This move is a significant step in Coinbase’s expansion strategy, aiming to establish a substantial presence in 20 African countries. The primary objective of this alliance is to provide millions of people with access to prominent dollar-pegged crypto […]
Bitfinity, a UK-based blockchain startup, has successfully raised $7 million in funding. The investment was received in two parts, with $1 million in 2021 and a recent round of $6 million, which has brought the company’s valuation to $130 million. The funding round was led by Polychain Capital and ParaFi Capital, with participation from Warburg […]
ZetaChain is gearing up for a significant year, introducing its vision for 1.0, which includes a roadmap, token utility, ZetaHub, and the state of the ecosystem. The mission of ZetaChain is to serve as a platform for universal access, simplicity, and utility across any blockchain. It aims to counter the fragmentation and centralization that often […]
The Hedera and Algorand ecosystems have announced the formation of the DeRec Alliance at the Crypto Finance Conference in St. Moritz. This alliance is set to develop a decentralized recovery system for cryptocurrencies, aiming to make digital asset recovery secure and painless across wallets. The system also aims to integrate conventional web2 practices into the […]
The United States House of Representatives Financial Services Committee (FSC) has initiated a working group on artificial intelligence (AI) to delve into the impact of AI on the financial services and housing sectors. The announcement was made by the House Financial Services Committee Chairman, Patrick McHenry, and Ranking Member Maxine Waters on Jan. 11, 2024.The […]
In a historic week for the cryptocurrency market, the US Securities and Exchange Commission (SEC) approved all eleven spot Bitcoin exchange-traded funds (ETF) applications. This approval allows institutional investors to directly participate in the cryptocurrency market through exchange-traded funds, providing a more regulated and accessible avenue for Bitcoin investment. Despite this, Bitcoin’s price has yet […]
Bitfinity, a leading blockchain technology firm, has successfully secured $7 million in a funding round. The round was led by notable investors such as Polychain Capital and ParaFi Capital. The company is pioneering the development of a sidechain that will connect the Virtual Machine (EVM) with the Internet Computer Protocol (ICP). This integration aims to […]
Bitfinity, a leading blockchain technology firm, has successfully secured $7 million in a funding round. The round saw participation from notable investors such as Polychain Capital and ParaFi Capital. The company is pioneering the development of a sidechain that will connect the Virtual Machine (EVM) with the Internet Computer Protocol (ICP). This integration aims to […]
Manta Network’s native Layer 2 modular blockchain, Manta Pacific, has seen a significant increase in Total Value Locked (TVL), exceeding $800 million. This represents a 65-fold increase over the last quarter. Manta Pacific was launched less than four months ago, in October 2023, with an initial TVL of $10 million. This rapid growth has established […]
The recent approval of 11 Bitcoin spot exchange-traded funds (ETFs) has sparked a fierce competition among asset management giants. Mike Novogratz, CEO of Galaxy Digital, predicts a showdown between Invesco, Fidelity, and BlackRock. The latter’s IBIT traded $7.5M shares within the first 10 minutes of its launch.Simultaneously, Everlodge, a disruptor in fractional vacation home ownership, […]
