• Web3 startup nealthy has raised $1.3M in a pre-seed funding round backed by top industry investors. • The company provides users access to diversified investment opportunities such as NFTs and cryptocurrency investing. • nealthy plans to use the funds to grow its team, hire talent, and increase adoption of its services. Web3 Startup Raises …
DeFi Users Soar 31% Despite Crypto Winter: 5.5M by Q4 2022
• DeFi’s user numbers have risen 31% quarter on quarter in 2022, with 5.5 million users expected by the end of Q4, 2022. • Although market prices have declined and the TVL is below $40 billion, projects are using this crypto winter to build and improve their products. • The growth of DeFi is creating …
Helium Price Soars After Migration to Solana Confirmed
Summary: • Helium Network has confirmed that it will migrate to the Solana blockchain in March. • The move is aimed at increasing reliability and scalability for the network. • The migration process will take 24 hours with data transfer and proof-of-coverage activities remaining unaffected. Helium Network to Migrate to Solana Blockchain The Helium Network …
Tether Reports $700 Million Net Profit in Q4 2022!
Tether Reports $700 Million Net Profit • Stablecoin issuer Tether released its Q4 attestation report on Thursday, February 9th and reported a net profit of $700 million in the previous quarter. • The company revealed that the profit is in addition to its reserves and that its consolidated assets exceeded its liabilities as of December …
Beware the Cryptocurrency Rug Pull: Protect Yourself from Losses
• A rug pull in cryptocurrency refers to the abrupt and deliberate abandonment of a startup by project developers after gaining the trust of investors. • Criminals make use of marketing capabilities of social media by launching a buzz-worthy and hype-filled promotional campaign in order to entice a community of investors. • According to Chainalysis, …
Polkadot Merges XCM v3, Enabling Communication Between Blockchains
• Polkadot’s Cross-Consensus Message (XCM) version 3 was merged after 15 months of development. • XCM enables bridges, cross-chain locking, exchanges, NFTs, conditionals, and context-tracking. • XCM facilitates communication between networks with different consensus mechanisms, such as Bitcoin and Polkadot. Polkadot, the interoperable and heterogeneous blockchain ecosystem, has seen its Cross-Consensus Message (XCM) version 3 …
Binance Coin (BNB/USD) Recaptures Crucial Support, Sets Sights on $295
• Binance coin (BNB/USD) has recaptured crucial support at $266 after the latest crash. • The cryptocurrency was previously weighed down by adverse publicity. • A recovery above $266 sets BNB to the next resistance at $295. Binance coin (BNB/USD) has been on a roller coaster ride lately. After hitting a monthly high of $282 …
7 Best ICOs to Invest in Feb 2023: Discover Which Projects to Back!
• Best ICOs to Invest in February 2023 According to Reddit include Metacade (MCADE), VisaMetaFi (VISA), Heroes of Mavia (MAVIA), Wombat Exchange (WOM), CryptoCitizen (CCASH), ByePix (EPIX), and WeSendIt (WSI). • An initial coin offering (ICO) is a way for projects to generate funds to help get themselves up and running. • Investing in ICOs …
Bitwise’s AUM exceeds $500m: institutions increasingly interested in crypto
Bitwise’s AUM exceeds $500m: institutions increasingly interested in crypto Hunter Horsley, CEO of Bitwise: ‚The speed with which professional investors are moving into crypto is remarkable‘ Bitwise’s AUM exceeds $500m: institutions increasingly interested in crypto NEWS Bitwise Asset Management, a leading crypto fund manager, reached a major milestone in Q4 2020: fund inflows to …
Previsão de preço de bitcoin: BTC/USD é provável que enfrente uma correção mais profunda se os touros não retomarem o momento ascendente acima de $18.000 de alta
Em 26 de novembro, o preço do BTC/USD caiu para $16.400 e foi corrigido acima de $17.000. A moeda vem se consolidando entre $16.400 e $17.800, mas não conseguiu quebrar acima da zona de resistência de $18.000. Na análise técnica, os níveis históricos de preços sempre se repetem. O preço do BTC terá uma correção …