Tim Draper Plans to Capitalize on Indian Cryptocurrency Renaissance

Tim Draper is a billionaire investor best known to the crypto community for his participation in the FBI’s 2014 Silk road auctions where he won thousands of Bitcoin. Draper now appears to have set his sights on being a ground floor investor in India’s emerging cryptocurrency industry. In an interview on March 21, the venture capitalist revealed … Continue reading Tim Draper Plans to Capitalize on Indian Cryptocurrency Renaissance

IDEG Launches Renaissance SP and DeFi Tracker SP

Professional digital asset manager IDEG Asset Management Limited (IDEG) has launched IDEG Renaissance SP and the IDEG DeFi Tracker SP. The launch was a part of its TIMES product shelf, allowing accredited and institutional investors to access digital asset market opportunities with varying risk exposure.  The launch is also a plan to roll out thematic … Continue reading IDEG Launches Renaissance SP and DeFi Tracker SP

Is Blockchain-Based Virtual Reality the Future?

You haven’t uploaded yourself to the Metaverse yet, which begs the question: what’s the deal with VR? Although it’s been around since 1968 and major companies such as Facebook, Google, and Samsung have invested in virtual reality initiatives like the Oculus Rift, headsets plus equipment can still add up to over a hefty $1000 USD; … Continue reading Is Blockchain-Based Virtual Reality the Future?

Chinese Bitcoin Mining Giant Canaan Files for $400m US IPO

This article is contributed by our content partner, Nexchange NOW. One of China’s largest bitcoin mining hardware makers, Canaan Creative, publicly filed for a U.S. IPO on Monday, The Block Reports. The Bitmain rival is slated to go public on the Nasdaq under the symbol “CAN” with the help of underwriters Citigroup, Credit Suisse, China … Continue reading Chinese Bitcoin Mining Giant Canaan Files for $400m US IPO

World's Second Largest Bitcoin Mining Company Raises $90M in US IPO

The world’s second-largest bitcoin mining equipment producer, Canaan Inc., raised $90 million during its initial public offering (IPO).  According to Bloomberg, the Chinese company based in Hangzhou sold 10 million American depositary shares at the $9 apiece on Nov. 20. The filings with the US Securities and Exchange Commission (SEC) show that the shares have … Continue reading World's Second Largest Bitcoin Mining Company Raises $90M in US IPO

Tezos Now in Sixth Iteration After Florence Upgrade Goes Live

The Tezos network is about to complete its sixth protocol upgrade, ushering in gas optimizations, increased operation sizes, and more.  Titled “Florence,” the upgrade comes only three months after the last successful upgrade, dubbed “Edo.” The sixth iteration of Tezos comes as the platform is gaining significant ground in user engagement.  The upgrade brings improvements in … Continue reading Tezos Now in Sixth Iteration After Florence Upgrade Goes Live

Coinbase-backed Crypto Financial Startup Amber Group Raises $1B Investment Round

Coinbase-backed cryptocurrency financial services company Amber Group raise worth $1 billion in funds, aiming at providing investors with many different cryptocurrency products for investment. The latest funding round continues a flurry of funding activity in the cryptocurrency sector. The financing was led by the well-known investment China Renaissance. In addition to Coinbase, other investors include Tiger Global … Continue reading Coinbase-backed Crypto Financial Startup Amber Group Raises $1B Investment Round

NFT OASIS Receives $4.4M in Financing to Integrate DeFi and VR for NFT Creators

California-based Non-fungible Tokens (NFTs) decentralised platform NFT Oasis announced Thursday that it has received the first round of funding from $4.4 million. Reportedly, this investment was led by 32 top blockchain investors, including Leminscap, CitizenX Crypto Ventures, FlamingoDAO, and ID theory. The funds collected this time will be used to combine virtual reality (VR) and decentralised finance (DeFi) to … Continue reading NFT OASIS Receives $4.4M in Financing to Integrate DeFi and VR for NFT Creators

Defiance ETFs' NFT-Linked ETF Soon to Launch in the U.S.

One U.S. money manager is looking to tap into non-fungible tokens (NFTs) – one of the hot trends on the blockchain – as approval for a conventional cryptocurrency exchange-traded fund (ETF) is still nowhere in sight. Defiance ETFs’ Defiance Digital Revolution ETF (ticker NFTZ) is launching on Thursday and will track blockchain-related firms and the … Continue reading Defiance ETFs' NFT-Linked ETF Soon to Launch in the U.S.

Abacus Life Partners With Blockcerts to Introduce Blockchain-Powered Insurance

Abacus Life Settlements, a buyer of life insurance policies in the United States, has teamed up with BlockCerts to introduce blockchain-enabled insurance and longevity-related assets. Jay Jackson, the CEO of Abacus life, pointed out: “Abacus Life and Longevity Market Assets are excited to partner with BlockCerts Web 4.0 to lead the next generation of life … Continue reading Abacus Life Partners With Blockcerts to Introduce Blockchain-Powered Insurance

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