The crypto-oriented venture capital firm announced a fund that will invest in Seed and Series A rounds for promising blockchain projects.
Category: Raise
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‘Not the Right Time to Stop’ Rate Hikes, ECB Chief Economist Says
Current indicators suggest the European Central Bank (ECB) should raise the interest rate in May, the monetary authority’s chief economist said. Future increases will depend on the economic data but this is still not the right time to stop, according to Philip Lane who believes the bank has to bring inflation back to the 2% […]Powered by WPeMatico
Federal Reserve Raises Benchmark Interest Rate by 0.25%, Disinflationary Process ‘Early,’ Says Powell
The U.S. Federal Reserve raised its benchmark federal funds rate by 0.25% on Wednesday after markets priced in near 100% certainty the Federal Open Market Committee (FOMC) would codify the quarter-point increase. The FOMC statement further detailed that ongoing rate increases are anticipated to bring inflation down to the target range of 2%. FOMC Outlines […]Powered by WPeMatico
Bitcoin Miner Greenidge Seeks to Raise $22.8 Million in Class A Common Stock Proposal
The bitcoin mining operation Greenidge Generation is seeking to raise roughly $22.8 million, according to a U.S.Securities and Exchange Commission (SEC) filing published Wednesday. According to the prospectus disclosing information, the New York-based Greenidge conducted a sales agreement with the investment firms B. Riley Securities and Northland Securities. Bitcoin Miner Greenidge Generation Looks to Raise […]Powered by WPeMatico
Venezuela Increases Minimum Monthly Wage to Half a Petro
Nicolas Maduro, president of Venezuela, announced an increase in the minimum wage of workers in the country linked to the petro. In the II Workers’ Congress, Maduro revealed that the new value of the salary would be half a petro, the national cryptocurrency, which is now worth close to $59. This constitutes an increase of […]Powered by WPeMatico
Institutional Crypto Trading Platform Raises $17M Despite Economic Slowdown
Amid the COVID-19 slowdown, institution-facing liquidity aggregator FalconX has raised $17 million from top VCs in the crypto space.
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BitOrb Exchange Raises $6.4 Million
The BitOrb Exchange has successfully secured its funding round, raising a total of USD 6.4m. The round was led by the W-Rex Algo Trading Platform a product of the Wota Group.Additionally, the Wota Group will act as a strategic partner and help the BitOrb Exchange grow its network of traders, user acquisition and advise on other key strategic decisions.
The post BitOrb Exchange Raises $6.4 Million appeared first on Bitcoin News.
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How Traditional Stock Markets Can Help Mainstream Cryptocurrency
It’s not a stampede, but a growing number of traditional stock exchanges have begun to offer cryptocurrency-related products, in a move that’s been viewed in some quarters as key to introducing cryptocurrency to conventional equities investors. But will the involvement of stock exchanges help the cause of cryptocurrency, or is this merely an opportunistic endeavour […]
The post How Traditional Stock Markets Can Help Mainstream Cryptocurrency appeared first on Bitcoin News.
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