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Crypto Cashback App Eco Raises Another $60M, Is Monitoring BlockFi Situation
Eco boosts its funding total to $95 million and is "closely watching" the regulatory issues facing BlockFi, which uses a similar business model.
Eco, a consumer-focused fintech app that uses stablecoin lending to provide bonuses to users, continues to gain momentum despite potential regulatory hurdles on the horizon for its business model. Today, Eco announced it has raised another $60 million in funding for its “smart money” service, bringing its total funding to $95 million to date. Read More
Fireblocks Custody Company Raises $310 Million, Reaches $2 Billion Valuation
Fireblocks, a blockchain infrastructure firm, raised $310 million in its most recent funding round, reaching a valuation of $2 billion. The company, which specializes in the custody of digital assets, is interested in bringing traditional assets to the blockchain realm. Fireblocks expects this trend of digitalization to keep growing in the recent future. Read More
Cardano Could Become ‘Big Three’ Mainstream Cryptocurrency, According to Morningstar Portfolio Strategist
A top portfolio strategist from the $244-billion asset management giant Morningstar says that Cardano (ADA) could become one of the “Big Three” mainstream cryptocurrencies.
In a report from Business Insider, Morningstar’s crypto-focused strategist Amy Arnott says that investors looking to get into digital assets want to avoid stomach-wrenching volatility. Read More
How Does Markethive Create Token Velocity?
A token that is only a medium of exchange has a very strong chance of falling victim to price manipulation. Alternatively, Markethive has in place, numerous velocity stabilizers including staking, (The Vault), network utility expansion, and the fact it is a cryptocurrency coin, will keep the balance of velocity. This ensures that the velocity is maintained for the initial and long-term price of MHV and is indicative of a healthy Markethive Ecosystem. A strong economy will in turn sustainably increase MHV’s price. Read More
Here’s Ripple’s Strongest Defense Against the SEC in XRP Lawsuit, According to Legal Expert Jeremy Hogan
Crypto legal expert Jeremy Hogan has named what he thinks is Ripple’s strongest defense against the US Securities and Exchange Commission (SEC) in the lawsuit involving XRP.
The SEC has accused Ripple of illegally issuing XRP to investors as a security and alleges that the token is still one today. Read More
Ripple Reveals New ODL Corridor for Japan and Philippines
SBI Remit and Coins.ph will use the ODL corridor for a faster and cheaper remittance process between Japan and The Philippines.
Ripple cites that Filipinos generate $1.8M in remittances between Japan and The Philippines every year.
New ODL corridor is part of Ripple's "explosive growth" into the Asia-Pacific region this year. Read More
The First In The Social Media Marketing Niche
Markethive is building an epic entrepreneurial ecosystem, never seen before and transcendent to other social media and marketing platforms. The transformation is enhanced with our release of the first of many initiatives being the Wheel Of Fortune and the launch of The Boost to follow soon after.
With Markethive now running on its own servers, with the security of Blockchain and its Hivecoin about to be released as a native fungible multi-asset token on Cardano, we have arrived as the first mega decentralized social platform marketing network with the mission is to deliver a decentralized and autonomous environment to the masses, that is not subject to the oppressive technocracy. Read More
Can blockchain still transform the world? 9 insights from an expert panel
Digital ledgers can’t compete with Elon Musk’s dogecoin tweets for attention — but there are plenty of ways they could be a whole lot more useful for society.
Remember blockchain? That transformative tech ready to upend the internet, the financial system, the world? It’s still out there — it’s just taking a little longer than promised to achieve total domination.
In a recent talk from European Startups, a collaboration between Dealroom and Sifted, we heard the latest on a tech that’s tiptoeing closer to the mainstream and beginning to provide services and tasks beyond sending and receiving coins with funny names.
We spoke to Jessi Baker, founder of blockchain startup Provenance, Nicolas Brand, partner at Zurich and Berlin-based VC firm Lakestar, and Pēteris Zilgalvis, head of the digital innovation and blockchain unit in the European Commission. Here’s what we learned. Read More
What is Cardano? Demystifying the long-awaited Ethereum-killer
Cardano is unique among cryptos, and it offers solid value once you understand it.
In a world full of competing cryptocurrencies, it’s rare to find a project that prioritizes a slow and methodological approach to feature development. And yet, Cardano has found significant success by going down this exact path.
Founded in 2015, Cardano aims to deliver a decentralized blockchain platform based entirely on peer-reviewed research. It also often proclaims itself as a “third-generation” cryptocurrency network, building upon the fundamentals previously laid down by Bitcoin and Ethereum.
So what makes the Cardano platform unique, and why is it among the world’s most valuable cryptocurrencies? Let’s find out. Read More
Blockchain Is Democratising Art for Everyone
The days of the starving artist myth may be over soon, as the figure of the blockchain savvy artist-entrepreneur seems to be emerging in recent months. A host of artists, including well-known singers and performers, are jumping on the blockchain bandwagon thanks to the increasingly popular Non-Fungible Tokens (NFTs). Read More
Watch Out Wyoming: Could the Texas Blockchain Council Turn Texas Into America’s Blockchain and Crypto Capital?
The council's president, Lee Bratcher, helped get blockchain and crypto laws passed by the Texas Legislature. Now he's planning for a big blockchain summit in Austin on Oct. 8, and hoping to make Texas "the jurisdiction of choice" for blockchain innovation.
Lee Bratcher was featured in Dallas Innovates’ Future 50 in Dallas-Fort Worth in the 2021 edition of our annual magazine. We checked in with the Texas Blockchain Council president on his council’s mission, its recent big wins in the Texas Legislature, and what’s next. Read More
Blockchain Gaming Company Raises $12.5 Million
Blockchain gaming is enabling a play-to-earn arena that is fast becoming one of the biggest growth sectors in crypto. Yield Guild Games has just sold 25 million of its native YGG tokens, valued at around US$12.5 million, in only 31 seconds.
Philippines-based Yield Guild Games has just announced the public sale of its YGG tokens, which raised nearly $12.5 million in USD Coin. The company will now commence the establishment of its decentralized autonomous organization. Read More
Disclaimer: These articles are provided for informational purposes only. They are not offered or intended to be used as legal, tax, investment, financial, or other advice.
