AMD and ConsenSys’ Blockchain Data Center Venture Gets $20M of Seed Funding
AMD and ConsenSys’ W3bcloud joint venture obtained $20 million through the sale of convertible notes. Go to Source Powered by WPeMatico
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Troubled Debit Card Issuer Wirecard Files for Insolvency
Wirecard is now filing for insolvency as a sudden $2.1 billion hole in its balance sheet wipes out 32% of the supposed assets owned by the company. Go to Source Powered by WPeMatico
COMP Token Spikes 25% on Surprise Binance Listing
Surprise Binance listings have led to a sudden 25% spike in the price of Compound’s Governance Token. Go to Source Powered by WPeMatico
Each FC Barcelona Fan Token Changed Hands Twice on First Day
FC Barcelona’s Fan Token has generated nearly $2.5 million in trade volume in less than one day of trade. Go to Source Powered by WPeMatico
Australians Can Now Pay for Bitcoin at the Post Office
Australians can deposit money for a local Bitcoin exchange at the post office. Go to Source Powered by WPeMatico
Circle Announces Support for USDC Stablecoin on Algorand Blockchain
USD Coin, which is a joint venture of Circle and Coinbase, will soon launch on the Algorand blockchain. Go to Source Powered by WPeMatico
Bithumb Exchange to Reportedly File for IPO in South Korea
The South Korean exchange is reportedly looking into a stock market launch despite local regulatory uncertainty. Go to Source Powered by WPeMatico
Ousted Bitmain Co-Founder Offers to Buy $4 Billion in Shares
Micree Zhan released a scathing letter directed towards fellow Bitmain co-founder Jihan Wu, offering to buy out control of the company. Go to Source Powered by WPeMatico
CoinMetrics Finds the ‘Coinbase Effect’ is Actually Pretty Lame
CoinMetrics has found that the impact of Coinbase Pro listing announcements is overstated, producing price performances ranging from -1% to +14% over 20 days. Go to Source Powered by WPeMatico
DeFi Boom: Balancer Echoes Compound With 235% Spike on First Day
DeFi tokens like LEND — the price of which has increased by 3900% since 2019 — rallied further this week, some to new all-time highs. Go to Source Powered by WPeMatico