Crypto exchange Binance said its “hardcore” work culture could explain some of the results, while recruiters warn the data should be taken with a grain of salt.
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Tron DAO Reserve Purchases $38 Million in TRX to Safeguard the Stablecoin USDD
On May 5, Tron’s algorithmic stablecoin USDD went live and so far, the fiat-pegged token has been listed on a number of decentralized finance (defi) protocols. Two days later, the Tron DAO Reserve announced it purchased 504.6 million tron (TRX) to back the algorithmic stablecoin, as the project aims to leverage a decentralized forex reserve […]Powered by WPeMatico
Crypto trading firm Amber valued at $3B after big Singaporean investment
Amber Group secured a $200 million investment which has resulted in a 3x increase in its valuation since last summer.
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Near Foundation Raises $150 Million to Bolster Web3 Adoption
On Thursday, the Near Foundation announced the project has raised $150 million from strategic investors such as Three-Arrows Capital, a16z, Mechanism Capital, Dragonfly Capital, and Circle Ventures. Following the announcement, the Near protocol’s native crypto asset jumped more than 7% against the U.S. dollar. Near Foundation Gets a $150 Million Capital Injection The team behind […]Powered by WPeMatico
Japan-based crypto exchange DeCurret plans to sell to HK’s Amber Group: report
According to the Nikkei report, the crypto exchange was unable to compete with major companies including BitFlyer and Coincheck and “profits were tapering.”
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Asian Algorithmic Trading Company Amber Group Reaches Unicorn Status
Amber Group, a Hong Kong-based cryptocurrency trading company, has attained “unicorn” status. The company managed to raise $100 million in its Series B funding round. With the new influx, the company is now valued at one billion dollars, making it a unicorn. Amber Group’s strategy is said to make them market neutral, allowing customers to […]Powered by WPeMatico