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Weekly News

Read more about the article Celsius expands funding round to $750M, tips $7B to $10B valuation in 2022

Celsius expands funding round to $750M, tips $7B to $10B valuation in 2022

  • Post author:admin
  • Post published:November 26, 2021
  • Post category:Weekly overview

Celsius CEO Alex Mashinsky said that the oversubscribed $750-million funding round was a “very good indication” of the strength of the company’s lending and yielding brand. Crypto lending firm Celsius…

Continue ReadingCelsius expands funding round to $750M, tips $7B to $10B valuation in 2022
Read more about the article Animoca to repay users 265 ETH stolen in fake NFT drop Discord hack

Animoca to repay users 265 ETH stolen in fake NFT drop Discord hack

  • Post author:admin
  • Post published:November 26, 2021
  • Post category:Weekly overview

The attack is the latest in a long string of exploits targeting users on Discord with fake “stealth” NFT drops. Hong Kong-based gaming and venture capital company Animoca Brands and…

Continue ReadingAnimoca to repay users 265 ETH stolen in fake NFT drop Discord hack
Read more about the article Bitcoin mining power crunch: Kazakhstan looks toward nuclear solution

Bitcoin mining power crunch: Kazakhstan looks toward nuclear solution

  • Post author:admin
  • Post published:November 26, 2021
  • Post category:Weekly overview

The country saw a great influx of miners this year, but it might have to sacrifice the immense tax revenue from Bitcoin miners if power grid issues are not resolved.…

Continue ReadingBitcoin mining power crunch: Kazakhstan looks toward nuclear solution
Read more about the article Coinbase acquires crypto wallet provider BRD’s team as utility token price surges 500%

Coinbase acquires crypto wallet provider BRD’s team as utility token price surges 500%

  • Post author:admin
  • Post published:November 26, 2021
  • Post category:Weekly overview

“Nothing will change in the BRD wallet app and as always, your funds are safe and secure,” said BRD CEO Adam Traidman and co-founder Aaron Voisine. Crypto wallet provider BRD…

Continue ReadingCoinbase acquires crypto wallet provider BRD’s team as utility token price surges 500%
Read more about the article SEC open meeting on Dec. 2 to include crypto panel discussion

SEC open meeting on Dec. 2 to include crypto panel discussion

  • Post author:admin
  • Post published:November 26, 2021
  • Post category:Weekly overview

The SEC is opening discussion on crypto and blockchain technology with regard to American investors. The U.S. Securities and Exchange Commission, or SEC, announced Wednesday the title of the upcoming…

Continue ReadingSEC open meeting on Dec. 2 to include crypto panel discussion
Read more about the article Morgan Stanley increased exposure to Bitcoin, held $300M in Grayscale shares

Morgan Stanley increased exposure to Bitcoin, held $300M in Grayscale shares

  • Post author:admin
  • Post published:November 26, 2021
  • Post category:Weekly overview

The investment firm's exposure to Bitcoin across three major funds totals roughly $303 million with 6,626,381 shares as of Sept. 30. Investment funds from major U.S. investment bank Morgan Stanley…

Continue ReadingMorgan Stanley increased exposure to Bitcoin, held $300M in Grayscale shares
Read more about the article One million ETH worth have been burned since the implementation of EIP-1559 in August

One million ETH worth have been burned since the implementation of EIP-1559 in August

  • Post author:admin
  • Post published:November 26, 2021
  • Post category:Weekly overview

On a net basis, however, the supply of Ether is still inflating at about 1.2% per year. In a Twitter post published Wednesday, blockchain research firm CryptoRank revealed that over…

Continue ReadingOne million ETH worth have been burned since the implementation of EIP-1559 in August
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