Bookmarking Crypto Insights
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The price of bitcoin has slid under the $30K zone on Tuesday, dipping to $29,300 per unit during the early morning trading sessions (EDT). The global cryptocurrency market capitalization of all the crypto coins in existence is $1.19 trillion as it decreased by more than 6% in the last day. Bitcoin’s Market Cap Sees $19 … Read more
BlockFi CEO Zack Prince rejects the New Jersey securities regulator’s claim that his firm has been offering unlicensed securities to the public. Go to Source Powered by WPeMatico
Cardholders will earn a percentage back in Bitcoin instead of airline miles or other cashback rewards Go to Source Powered by WPeMatico
Regulatory clarity enables crypto companies to continue to innovate, Zac Prince says. Go to Source Powered by WPeMatico
Ledn, a cryptocurrency lending and savings platform based in Canada, has managed to raise $30 million in its latest funding round. The money raised will be used to expand its offer of lending products, and to expand its reach in more countries. Ledn could take advantage of the recent problems that Blockfi, one of its … Read more
Blockfi, a cryptocurrency lending platform, wrongly distributed a set of payments to a group of customers, who found deposits of up to 700 BTC in their accounts. While most weren’t able to withdraw these funds, in the confusion, other customers that applied for withdrawals are now being threatened with legal actions against them. Blockfi Messes … Read more
According to data analysis firm, CB Insights, about $2.6 billion was raised by some 129 blockchain-focused start-ups during the first quarter of 2021. This figure easily surpasses the $2.3 billion raised from a total of 341 deals that were seen in the whole of 2020. Large Capital Raising Rounds Dominate As noted by one report, … Read more
A rowdy virtual panel showcased the hurdles and promise of real estate on chain Go to Source Powered by WPeMatico
An anonymous group has claimed that Blockfi, which has an estimated $1.8 billion in customer assets invested in Grayscale Investment’s GBTC, is facing potential insolvency issues associated with the negative premium on the GBTC shares. Using the negative premium of minus 7.89% on the GBTC shares to illustrate the extent of the problem, the anonymous … Read more
The company is now valued at $3 billion. Go to Source Powered by WPeMatico
