BlockFi Valued at $3 Billion After Raising $350 Million

The Future of Finance BlockFi, a New Jersey-based cryptocurrency lending platform, is worth over $3 billion after its latest funding round raise. The Series D funding, which totaled $350 million, came from many venture capitalists, including Bain Capital, Pomp Investments, and Tiger Global.

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Leading Cryptocurrency Trading Platform Phemex Introduces Trader’s Arena Challenge, $2M In Prizes

Phemex, the fastest cryptocurrency exchange, is calling global crypto traders for another contest – The Phemex Trader’s Arena.   Here’s how Phemex is combining eSports-like team tournaments with high-speed cryptocurrency trading for an exciting and unprecedented trading challenge with up to $2 million in prizes.

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4 Strategic Ways Crypto Marketers Can Influence the Crypto World

According to a recent study, the global cryptocurrency market in 2019 was approximately $792. 53 million and is expected to hit about $5,190 million by 2026. Statistically, it’s crystal clear that digital coins are gaining a lot of traction as they continue to grow in value.

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Bit.com global trading competition grand prize pool up to 1,000,000 USDT

Cryptocurrency derivatives exchange bit. com is holding a groundbreaking trading competition with a grand prize of up to a staggering 1 million USD. The fast-growing trading platform is already the secThe post Bit.

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Crypto Tax Compliance Startup Taxbit Raises $100 Million, Targets International Expansion

U. S. crypto tax compliance startup Taxbit has raised $100 million in a Series A funding round led by investment firms Paradigm and Tiger Global. Paypal Ventures, Coinbase Ventures, and others including Bill Ackman, Ryan Smith, and Anthony Pompliano also joined the round.

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Singapore’s Sovereign Wealth Fund Leads Digital Asset Bank Anchorage’s $80M Series C Round

Anchorage has raised $80 million in a Series C round led by Singapore’s sovereign wealth fund GIC with participation from a16z, Blockchain Capital, Lux, and Indico. “Largest sovereign wealth funds leading rounds in global crypto-asset custodians,” commented Su Zhu, chief executive officer, and chief investment officer at Three Arrows Capital.

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Dubai based crypto-fund calls Bitcoin “useless”, plans to trade $750 million worth of BTC for Polkadot and Cardano

For many investment firms, bitcoin is perhaps the only asset worth buying. Its popularity and value give the asset unique credibility that other altcoins are yet to attain. But for this Dubai-based global investment crypto fund, Bitcoin does not meet the requirements of a flagship digital asset.

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Global Crypto User Number Hits 100M Amid Growing Adoption

According to a report published by Crypto. com, global crypto adoption surged by 15. 7%.   Digital Currencies Continue to Perform There were over 106 million crypto users in January 2021 due to soaring demand for Bitcoin and massive growth in the DeFi sector.

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3 types of bitcoin investors that ‘should be concerning to central banks’

With 106 million global crypto users as of January 2021 and a crypto population that has now surpassed 100 million, a financial expert noted that central banks must now be wary of certain crypto invesThe post 3 types of bitcoin investors that ‘should be concerning to central banks’ appeared first on AMBCrypto.

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Cryptocurrency Adoption Passes Another Milestone Surpassing 100 Million Users

According to a new study conducted by Crypto. com, the total number of global cryptocurrency users has surpassed 100 million for the first time ever. The study, which measured the cryptocurrency marketplace’s size using onchain metrics, survey analysis, and internal data, recorded 106 million cryptocurrency users in January 2021.

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Global crypto population surpasses 100 million; Boomers and Gen X now 'keen on Bitcoin'

A survey from digital asset exchange Crypto. com estimated a 15. 7% increase in the global crypto population, in January alone. Overall, there are 106 million global crypto users as of January 2021.

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Clover Finance Raises $3M in Seed Funding; Bringing Ethereum DeFi Apps to Polkadot

Clover Finance, a cross-chain compatibility parachain on Polkadot, completed a $3 million seed funding round led by top firms including Polychain Capital, Hypersphere, Bithumb Global Divergence Ventures, a Medium blog post reads.

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This Radix-Inspired Alliance Wants to Bring DeFi to 100 Million New Users

Decentralized finance has shown the 1% that the masses do not have to remain subjugated to the wills of the financial ruling class. Global citizens do not have to yield to a financial system that benefits a privileged few; rather, they can utilize tools for financial freedom.

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TRON Plans to Expand Its Defi Economy With $10 Million Global Hackathon

In an effort to incentivize developer growth within the TRON ecosystem, the network is plotting its biggest hackathon yet. Branching out of its $120 million TRON DeFi Entrepreneurial Alliance Support Program, TRON is hosting a global defi hackathon with $10 million dedicated to rewarding participants.

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Bitcoin Mining Revenue Hits New All-Time-High of $354 Million 

The weekly mining revenue of global bitcoin miners hit a new all-time-high of $354. 4 million last week. Analysts say the new record is partly due to the surge in the price of the digital currency coupled with the skyrocketing network fees, according to reports on February 15, 2021.

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Celo Receives Additional $20 Million In Institutional Backing Amid Launch Of Global Payments Application And Exponential User Growth

Celo, an open-source blockchain ecosystem focused on making decentralized financial (DeFi) systems and tools accessible to anyone with a smartphone, today announced $20 million in...

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Siam Commercial Bank venture arm creates new $50M blockchain fund

CryptoNinjas » Siam Commercial Bank venture arm creates new $50M blockchain fund SCB 10X, the venture arm of Thailand’s Siam Commercial Bank, has announced it will create a new USD $50 million VC fund dedicated to investing in global early and growth stage blockchain, decentralized finance (DeFi), and digital asset startups.

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Amber’s $530 Million Exchange Plans Global Expansion  

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Guggenheim Trust Fund to buy $500 Million in Bitcoin via Grayscale after SEC’s Approval

The US Securities Exchange Commission today approved a filing by global investments and advisory firm Guggenheim to invest $500 million into Bitcoin via digital assets manager Grayscale. According to the US SEC filing, Guggenheim submitted an amendment proposal on November 27, 2020, to allow the firm’s $5 billion Macro Opportunities Fund to gain exposure by […]

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Gate.io Launches the Observation Zone Feature to Protect Ordinary Investors

Gate.io, a high volume and global cryptocurrency exchange with over 3.5 million users, is launching a new feature called the Observation Zone for emerging crypto coins. In a press release on Jan 27, the exchange said the goal is to encourage rational investments by reducing investor exposure to risky digital assets. Vigilance to Minimize RisksRead More

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No IPO for Coinbase; The 43 Million User-base Exchange is Taking the Direct Route

The biggest cryptocurrency exchange in the US, Coinbase, is planning to go public through a direct listing, said the company in a statement. It reads, “Coinbase Global, Inc. today announced its intent to become a publicly-traded company according to a proposed direct listing of its Class A common stock.

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Skybridge Capital Cofounder Says Gamestop Activity Is ‘More Proof That Bitcoin Will Work’

The New York-based Skybridge Capital cofounder, Anthony Scaramucci, recently explained that this week’s Gamestop fiasco is positive for the global cryptocurrency bitcoin. Scaramucci’s statements follow the global investment manager’s recent dive into the crypto economy by gathering exposure to over $300 million worth of the cryptocurrency.

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Binance Staking Joins IOST, With 800M Staked IOST & A Big Staking Event

Top-ranked global exchange Binance officially joins the IOST blockchain as a partner node and will initially bring over 800 Million IOST for staking on the IOST network. This is according to an official IOST blog post on Jan.

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Crypto finance provider Amber surpasses $530 million AUM

Amber Group, a crypto finance service provider, announced today it has recently surpassed $530 million in assets under management (AUM), a 275% increase from $142M AUM reported in 2019. With an increasing number of new investors entering the scene, Amber’s surge in demand stems from the extension of their global strategic layout and the launch […] CryptoNinjas.

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FORSAGE xGold ETH

The launch of a new marketing program on the Ethereum blockchain yielded the members of the Global Decentralized FORSAGE Community over $8 million in a few days.

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bKash and Mobile Money Connect Through RippleNet To Power Wallet-To-Wallet Remittances

Today, we’re thrilled to announce our partnership with Mobile Money, a Malaysian mobile wallet company. Through RippleNet, Ripple’s global payments network, Mobile Money has connected to bKash, Bangladesh’s largest provider of mobile financial services (MFS) which serves over 45 million users.

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Bitcoin Price Should Go Up, Says Scaramucci As Skybridge Capital Launches Bitcoin Fund

SkyBridge Capital, the global investment firm headed by Anthony Scaramucci, the former white house communications director is making rounds for the launch of its new Bitcoin fund, which has already reportedly raked in $310 million exposure to Bitcoin, as noted by the company in a press release.

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NexTech AR to Buy $2 Million in Bitcoin with Treasury Reserves

The firm joins several others deciding to hedge their reserves with BTC. Purchases by firms such as MicroStrategy appear to have also kickstarted the recent bullish price action. Another Company Chooses Bitcoin to Protect its Wealth The turbulent global economic picture this year has inspired yet another company to protect its wealth in bitcoin.

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US Firm Marathon Buys 70,000 Bitcoin Miners for $170 Million

Marathon already operates mining units in the United States. However, Monday’s deal will significantly increase the firm’s share of the global hash rate. Marathon Bitcoin Miner Order is Bitmain’s Largest to Date One of the biggest Bitcoin mining companies in the United States looks set to grow even larger in 2021.

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Skybridge Capital ventures into Bitcoin with $25 million

Global investment firm Skybridge Capital launched its Bitcoin fund earlier this week  Skybridge Capital… The post Skybridge Capital ventures into Bitcoin with $25 million appeared first on Coin Journal.

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MathWallet closes $12M funding round led by Binance Labs

MATH Global Foundation, the Singapore-based foundation behind the development of MathWallet, today officially announced the completion of $12 million in Series B funding, led by Binance Labs, the venture capital and incubator of Binance.

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Skybridge Bitcoin Fund Launches With $25 Million, Expecting ‘Avalanche of Institutional Investors’

Global investment firm Skybridge Capital has launched a bitcoin fund with $25 million. The founder of the company, Anthony Scaramucci, is bullish about bitcoin. “It’s the first inning,” he said, adding that “You are about to see that wave of early adoption by the institutional community.

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Huobi Ends 2020 With Fireworks, Happy New Year Gift Giveaways, and a $1 Million Prize

Trusted global cryptocurrency exchange and trading platform, Huobi, has announced that it is celebrating the end of 2020 and the coming New Year with special Huobi Happy New Year Activities that will start on December 24th, 2020 and end on January 6th, 2021.

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Changelly, WhiteBIT, Trustee Wallet and Frontier adopt FIO Protocol

Leading global cryptocurrency exchanges and service providers with trillions of dollars in transactions over the past year and more than 2.3 million users adopt the FIO Protocol to improve the user exThe post Changelly, WhiteBIT, Trustee Wallet and Frontier adopt FIO Protocol appeared first on AMBCrypto.

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10 Million Prize to be Reward | An Invitation to Global Developer to join BitCherry Testnet

BitCherry Testnet v1. 0. 1 will start testing soon, and now we are recruiting well-performing developers from all over the world. By the time, developers and users can participate in the BitCherry Testnet environment and win the reward of up to 10000000 BCHC through our subsequent developer missions.

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Bitcoin Fund Debuts on Canada’s Biggest Stock Exchange

CI Global Asset Management has begun to trade on the Toronto Stock Exchange in Canada. The fund’s initial public offering managed to raise $72 million and units commenced trading in both U.

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JPMorgan Sees $600 Billion Demand for Bitcoin From Global Institutional Adoption

JPMorgan’s analysts have predicted significant demand for bitcoin following the $100 million purchase of the cryptocurrency by Massmutual. The analysts believe that other traditional investors, including pension funds, will follow suit, leading to a conservative estimate of $600 billion demand for bitcoin.

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IPO Windfalls from Airbnb Could Boost Bitcoin: DCG CEO

Aside from MicroStrategy raising $650 million for Bitcoin this past week, one of the biggest news on financial Twitter was the Airbnb IPO. After months and even years of anticipation, the global peer-to-peer rental service went public on the stock market.

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Holiday season with Crypto.com means you can earn crypto even as you spend it

The global cryptocurrency exchange Crypto. com is headquartered in Hong Kong and surpassed 5 million users in the month of October, an impressive growth within the span of twelve months. It supports thThe post Holiday season with Crypto.

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Massachusetts Mutual Invests $100 Million in Bitcoin through NYDIG

This year is shaping up to be the start of major institutional interest in Bitcoin. The latest company seeking refuge from global macro uncertainty is Massachusetts Mutual. MassMutual ‘Meaningful Exposure’ to Bitcoin The firm, based in Springfield, Massachusetts, has just announced a $100 million investment in Bitcoin.

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Chainalysis Raises $100 Million at over $1 Billion Valuation To Expand Its Global Regulatory Platform for Surging Cryptocurrency Market

Chainalysis, the blockchain analysis company, today announced it secured a $100 million Series C financing led by Addition, bringing its valuation to over $1 billion....

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Ripple Partner TransferGo Rakes in 5 Million EUR from Silicon Valley Bank

One of the global leaders in digital payments, TransferGo, has received 5 million EUR support from Silicon Valley Bank to expand its real-time payments service

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Crypto Security Firm Fireblocks Raises $30 Million in Series B Funding, Targets Global Expansion

Crypto security firm Fireblocks said Wednesday that it has raised $30 million in a Series B funding round. The money will be used to hire new talent as well as to expand its global operations to meet “institutional and retail market demand for digital assets.

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Gate.io Lists Over 45 DeFi Tokens; DeFi Ecosystem on Its Public Chain to Launch Soon

Global digital asset exchange, Gate. io, has listed over 45 DeFi projects in the past three months. The company added that it continues to list the most innovative DeFi projects for over 3 million Gate.

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Palling Up To Crypto: Could PayPal’s Bitcoin Accommodation Lead To Widespread Adoption?

The introduction of bitcoin purchases to PayPal’s 346 million global users is the biggest step toward mainstream crypto adoption ever. The post Palling Up To Crypto: Could PayPal’s Bitcoin Accommodation Lead To Widespread Adoption? appeared first on Bitcoin Magazine.

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MathWallet Secures $7.8 Million Series A+ Financing Round Led by Alameda Research & Multicoin Capital

Math Global Foundation, the Singapore based foundation behind the development of MathWallet which supports more than 50 public blockchains worldwide, announced an investment from Alameda...

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Court Filing Accuses Bitmex Cofounders of ‘Looting’ $440 Million Before the Fed Crackdown

A civil lawsuit has been filed against the firm HDR Global Trading Limited, the parent company of the exchange Bitmex, alongside the three cofounders Arthur Hayes, Ben Delo, and Samuel Reed. Plaintiffs allege “the defendants’ Hayes, Delo, and Reed looted about $440,308,400 of proceeds of various nefarious activities.

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eToroX is First Major Exchange to Lend Support to the Flare Network

Today, multi-asset investment platform eToro announces its plans to participate in the highly anticipated Spark airdrop, making it the first major exchange to lend its support to the Flare project. eToro’s global network of 16 million registered users will have access to the new smart contracts token.

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INX to boost its $117M IPO with token listings on global exchanges

Raising $10 million out of $117 million to date, INX expects to finish the IPO by year’s end.

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