Category: cryptocurrencies
Injective Protocol raises $10M from Pantera Capital, Mark Cuban for its ‘DeFi Robinhood’
Back in December last year Injective Protocol, launched the testnet for its DeFi protocols for cross-chain derivatives trading, with backing from giant crypto exchange Binance. It has now raised $10 million in a “party” funding round. Participating in the round was Pantera Capital, BlockTower, Hashed, Cadenza Ventures (formerly BitMex Ventures),…
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African crypto usage spurs Luno as customers reach 7M
The crypto industry as a whole has seen a momentous year of growth, heavily spurred on by the entrance of institutional investors adopting bitcoin due to its store of value properties. The 2020 spike bitcoin experienced was also accelerated by its global adoption as the number of global cryptocurrency users…
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Coinbase to direct list on April 14th, provide financial update on April 6th
Today Coinbase, an American cryptocurrency trading platform and software company, said that it will begin to trade via a direct listing on April 14th. In a separate release the company also said that it will provide a financial update on April 6th, after the close of trading. Coinbase’s impending public…
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NFTs are part of a larger economic development in finance capital
Dominik Schiener Contributor Dominik Schiener is co-founder and chairman of the IOTA Foundation. He has been in the blockchain space since 2011, with several startups in Switzerland, the U.K. and Germany. His primary focus is how to improve physical infrastructure with digital infrastructure such as DLT and AI. More posts…
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Afriex raises $1.2M seed to scale its payments and remittances platform across Africa
Sending money from the U.S. to Nigeria can be a painstaking process. For remittance platforms like Western Union, it will cost a transfer fee and take between one to five business days for money sent from a U.S. debit card to enter a Nigerian bank account. Crypto remittance platforms are…
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Beeple’s $69 million NFT sale marks a potentially transformative moment for the art world
Today, the auction of an NFT digital art collage from a relatively unrecognized digital artist ended with a purchase price above $69 million. The work, called “Everydays — The First 5000 Days,” chronicled several years’ worth of daily sketches from the artist Mike Winkelmann — known online as Beeple. Unlike…
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