Blockchain.com raises $300M in crypto industry’s third-largest capital raise
The investment round was led by DST Global, Lightspeed Venture Partners and VY Capital and gave Blockchain.com a $5.2 billion valuation. Go to Source Powered by WPeMatico
Most asset managers still in ‘education mode’ on crypto, says Fidelity
Michael Derbin, head of Fidelity Institutional, says that while some wealth managers are by now “sophisticated” and “comfortable” with crypto, many others are still playing catch up. Go to Source Powered by WPeMatico
Vitalik Buterin: NFTs can be a social good, not just a casino for rich celebrities
There’s little social value in helping make Elon Musk another $1 million in the NFT market, but the technology can still be put to good use, says Ethereum’s Vitalik Buterin. Go to Source Powered by WPeMatico
Hermez Network launches zk-rollups on Ethereum mainnet to process cheap payments
Hermez users will be able to transact with ETH, USDT, WBTC on a scalable layer-two network. Go to Source Powered by WPeMatico
Bitcoin tackles $56K as Tesla ‘Elon candle’ hits days before record options expiry
Elon Musk is “astutely aware” of the impact of options expiry, Zhu Su claims as Tesla sparks an unlikely uptick after a week of losses. Go to Source Powered by WPeMatico
South Korea faces strict crypto regulation and fears of centralization
The growing cost of compliance in South Korea could push smaller crypto businesses out of the country. Go to Source Powered by WPeMatico
Tesla confirms Bitcoin hodl strategy as new report says BTC should ‘comfortably’ hit $100K
Analysts at Decentrader point to encouraging hodler behavior that suggests that BTC/USD is far from its cycle top at $56,000. Go to Source Powered by WPeMatico
Tesla Begins Accepting Bitcoin — Elon Musk Says BTC Payments Will Not Be Converted to Fiat Currency
Elon Musk’s electric car company, Tesla, has started accepting bitcoin payments. Musk, whose title is now Technoking of Tesla, also confirmed that all “Bitcoin paid to Tesla will be retained as bitcoin, not converted to fiat currency.” Tesla Now Accepts Bitcoin Tesla has begun accepting bitcoin payments. Elon Musk, who recently changed his title from … Read more
Elon Musk says Tesla now accepts Bitcoin from US customers
Tesla initially hinted at accepting Bitcoin for payments in an SEC filing earlier this year. Go to Source Powered by WPeMatico
