The blockchain project Polygon announced it has raised $450 million on Monday in a fundraising round led by Sequoia Capital India with participation from more than 40 venture capital firms. Polygon says that the money will allow the team to help scale Ethereum and bolster the mass adoption of Web3 applications. Sequoia Capital India and…
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During the last year, Bitcoin — the cryptocurrency network that leverages proof-of-work (PoW) to process transactions and secure the protocol — has received a lot of criticism about its environmental impact. This week, the cryptocurrency firm Coinshares published a report that shows talking points condemning the network’s electrical consumption have been greatly exaggerated. According to…
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A bitcoin (BTC) price of under USD 40,000 would be a “buying opportunity,” and the US dollar is “going to zero,” Jesse Powell, CEO of crypto exchange Kraken said in a new interview. Meanwhile, Galaxy Digital CEO Mike Novogratz said the market is in a “healthy” correction, and that a BTC price of USD…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Fed Chair on Higher & Not Transitory Inflation, Yellen On Stablecoins + More News Read more »Pay, Trade, Buy Bitcoin with Credit Card
Galaxy Digital Holdings Ltd. has revealed the firm is looking to raise $500 million in an exchangeable senior note offering. The investment company, founded by billionaire investor Mike Novogratz in January 2018, aims to use the funds to “accelerate growth initiatives across its business lines.” Galaxy Reveals Exchangeable Senior Note Offering The investment firm Galaxy…
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The move comes after the company increased its net profits by over ten-fold in the last quarter. Galaxy Digital, a cryptocurrency brokerage and merchant bank founded by billionaire investor Michael Novogratz, announced on Monday that it would be issuing $500 million in exchangeable senior notes to accelerate business initiatives. The debt is convertible into company…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________ (Updated at 16:47 UTC with the announcement by Maple Finance.)… Read More: Bipartisan Bill Aims to Fix Infra Bill, TIME Holds Ethereum + More News Read more »Pay, Trade, Buy Bitcoin with…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Investments in Bitcoin Increased, in Ethereum – Dropped + More News Read more »Pay, Trade, Buy Bitcoin with Credit Card
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________ … Read More: Coinbase Users Sharing Crypto Portfolios, ETFs in US & India + More News Read more »Pay, Trade, Buy Bitcoin with Credit Card
The billionaire investor and CEO of Galaxy Digital, Mike Novogratz, says the bitcoin market is in good shape, noting that he sees “so much capital coming into the space.” He also commented on the dwindling influence China has over the crypto market. Billionaire Investor Says the Market Is ‘in Good Shape’ — ‘I’m Not Nervous’…
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