NFT creator Doodles raises $54M in funding at $704M valuation
The firm said it will use the money from the raise to further enhance its intellectual property. Go to Source Powered by WPeMatico
Cryptocurrencies
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Hot CPI report puts a dent in Bitcoin and Ethereum rally, stocks also lose ground
BTC, ETH, altcoins and stock prices crumbled in the face of a hotter than expected CPI report. Is there room for a short-term recovery? Go to Source Powered by WPeMatico
US Treasury clarifies publishing Tornado Cash’s code does not violate sanctions
Residents would not be violating sanctions by visiting Tornado Cash’s website, copying the mixer’s open-source code, nor making the code available online or in print. Go to Source Powered by WPeMatico
Hyperledger announced new members at commencement of global forum
The group said the addition of its newest members will introduce a diversity of innovations and accelerate the development of decentralized technologies. Go to Source Powered by WPeMatico
This week’s Ethereum Merge could be the most significant shift in crypto’s history
On this week’s episode of “The Market Report,” Cointelegraph’s resident experts discuss the significance of the Ethereum (ETH) merge and why it could be the biggest shift in crypto’s history. Go to Source Powered by WPeMatico
Canadian PM Justin Trudeau says investing in crypto is not an escape from inflation
Canada’s inflation rose to 40-year highs this year while Bitcoin’s price plummeted in the same period. Go to Source Powered by WPeMatico
BitGo sues Galaxy Digital for acquisition breach, seeks $100M in damages
BitGo has accused Galaxy of “improper repudiation” and “intentional breach” of the merger in a lawsuit filed with Delaware Chancery Court. Go to Source Powered by WPeMatico
Abra announces plans for US bank supporting digital assets
Abra announced its international venture and U.S. bank would work with officials to ensure regulatory and legal compliance and planned to launch in 2022 and 2023, respectively. Go to Source Powered by WPeMatico
Time for a breakout? Bitcoin price pushes at key resistance near $23K
Traders watch closely as BTC price presses at a long-term trendline resistance that has previously capped previous rallies. Go to Source Powered by WPeMatico
More resilient and user-controlled than the AWS: Colin Evran’s vision for Filecoin
“Filecoin is more than just storage, one can think of it as an Airbnb for cloud services.” Go to Source Powered by WPeMatico