Raise – DIGIT INFO

Lightspeed Faction launches $285M startup fund for crypto projects

DIGIT — Thu, 09 Nov 2023 21:48:04 +0000

The crypto-oriented venture capital firm announced a fund that will invest in Seed and Series A rounds for promising blockchain projects.

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‘Not the Right Time to Stop’ Rate Hikes, ECB Chief Economist Says

DIGIT — Thu, 27 Apr 2023 13:15:01 +0000

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% […]

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Federal Reserve Raises Benchmark Interest Rate by 0.25%, Disinflationary Process ‘Early,’ Says Powell

DIGIT — Wed, 01 Feb 2023 23:19:57 +0000

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 […]

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Bitcoin Miner Greenidge Seeks to Raise $22.8 Million in Class A Common Stock Proposal

DIGIT — Fri, 07 Oct 2022 04:00:35 +0000

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 […]

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Venezuela Increases Minimum Monthly Wage to Half a Petro

DIGIT — Mon, 07 Mar 2022 17:00:10 +0000

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 […]

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Institutional Crypto Trading Platform Raises $17M Despite Economic Slowdown

DIGIT — Fri, 15 May 2020 18:30:00 +0000

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

DIGIT — Thu, 14 Nov 2019 10:30:12 +0000

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

DIGIT — Wed, 10 Apr 2019 18:15:30 +0000

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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