Bitcoin fund launched by NYDIG has raised nearly $17 million to date

Bitcoin fund launched by NYDIG has raised nearly $17 million to date

A bitcoin fund created by investment services firm NYDIG has raised nearly $17 million to date.  NYDIG Bitcoin Fund LP, which made its first sale in July 2019, has raised $16.95 million from a total of 121 investors, according to a Securities and Exchange Commission filing from September 17. The prior filing, published last October, showed a …

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A dive into Matter Labs

A dive into Matter Labs

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Bitcoin is 'an amazing accomplishment,' but this exec thinks 'they'll kill it'

Bitcoin is ‘an amazing accomplishment,’ but this exec thinks ‘they’ll kill it’

At a time when billionaire investors are increasingly placing their bets on Bitcoin and other cryptocurrencies, others are proving more than difficult to convince. For instance, while Bridgewater Associates Founder Ray Dalio has given up his belief in fiat currency, he still isn’t sure about Bitcoin being a better store of value than gold. During …

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Solana Labs raises $314 million in new funding round

Solana blockchain validators restart network after transaction stoppage

advertisement The Solana blockchain is back online after an hours-long outage. As previously reported, Solana’s transaction blocks came to a stop on Tuesday. Developers later said that Solana’s mainnet “encountered a large increase in transaction load which peaked at 400,000 TPS. These transactions flooded the transaction processing queue, and lack of prioritization of network-critical messaging …

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NatWest Bank Chairman has this timeline in mind for UK CBDC Pilot

NatWest Bank Chairman has this timeline in mind for UK CBDC Pilot

Many countries have been more than comfortable with the development of a central bank digital currency [CBDC], rather than with adopting cryptocurrency. The United Kingdom [UK] has been one such country working towards regulating the use of cryptocurrencies within the country. The development of its digital pound could pilot within a few years, according to …

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Big crypto VC deals have already doubled in 2021 compared to all of 2020

NFT scaling startup Immutable raises $60 million in Series B funding

advertisement The Australian startup Immutable, creator of the NFT-focused Ethereum Layer 2 protocol Immutable X, has raised $60 million in a new funding round — bringing its total raised to $77.5 million.  BITKRAFT Ventures and King River Capital co-led the round, according to a press release. Other participants included Prosus Ventures, Galaxy Interactive, Fabric Ventures, …

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While ARK waits for SEC's ETF approval, Canadian Bitcoin funds come to the rescue

With U.S. SEC’s approval still pending, Ark Invest roots for Bitcoin ETF in Canada

Digital assets manager Ark Invest’s ARK Next Generation Internet ETF has been under approval review for a few months, and the company has now decided to amend it. As per its latest filing with the United States Securities and Exchange Commission (SEC), the Ark fund will now look to invest in Candian Bitcoin ETFs. The …

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MicroStrategy takes its Bitcoin holdings to 114,000 BTC ($5.1 billion)

MicroStrategy takes its Bitcoin holdings to 114,000 BTC ($5.1 billion)

Business intelligence firm MicroStrategy has purchased a further 5,050 bitcoin, taking its total holdings to 114,042 BTC, according to a statement today. The firm spent $3.16 billion on this entire stash, which has a current value of $5.1 billion — a 42% gain. Since making several major purchases toward the end of last year and …

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Solana nets its first million-dollar NFT sale and it's for a Degenerate Ape

Solana nets its first million-dollar NFT sale and it’s for a Degenerate Ape

The Solana blockchain has now seen its first million-dollar NFT sale. Blockchain advisory firm Moonrock Capital purchased one of the Degenerate Ape Academy NFTs for 5,980 SOL on Saturday, worth $1.1 million. Moonrock bought Degen Ape #7225, a scarred zombie version of an ape with a halo, a gold tooth and a brain in its …

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