Tag: Investment

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Asia Falls Behind as US Takes the Lead in Crypto VC Deals

  The US is the global leader in blockchain-related investment deals, with nearly three times the dollar amount transacted in deals there as in Europe during the third quarter of this year. Meanwhile, Asia has for the first time fallen behind the US by the number of crypto startups that raised capital, a new report…
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2TM, Mercado Bitcoin’s Holding Company, Raises $50.3 Million in Second Closing of Series B Funding Round

2TM, a Brazilian fintech unicorn that is the holding company of Mercado Bitcoin, one of the leading crypto exchanges on the continent, has closed its Series B funding round again, raising an additional $50 million. The funding round was led by U.S.-based 10T and Tribe Capital, with the participation of other new investors. 2TM…
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Fed Chair on Higher & Not Transitory Inflation, Yellen On Stablecoins + More News

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

Report: Nigerian Fintechs Account for Nearly 91% of $417.5 Million Raised by Tech Startups in the Country

According to an analysis of the $417.5 million that was raised by Nigerian tech startups during the first nine months of 2021, fintech firms accounted for about $379 million or 90.78% of the total. Nigerian Fintechs Dominate the African Continent Nigerian fintechs currently account for more than 90% of the $417.5 million that was raised…
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Grayscale Report Sees Metaverse as Potential $1 Trillion Business Opportunity

Grayscale, a leading cryptocurrency asset manager, seems to have set its gaze on the metaverse as a business opportunity. Yesterday the company released a report where it examined the feasibility of this interconnected virtual world and how these economies can provide a profitable entry for investors, considering this area could grow to be a $1…
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Binance CEO Says He and Warren Buffett Use Similar Investment Strategy but Doubts Buffett Has Skills to Keep Crypto Safe

The CEO of cryptocurrency exchange Binance says that he and Berkshire Hathaway CEO Warren Buffett share a similar investment strategy. However, he said he would not convince the Oracle of Omaha to invest in cryptocurrency. “I get worried if he uses crypto. He may not have the necessary skills or the knowledge on how to…
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BlockFi Ends Free Withdrawals, ‘NFT’ is Word of the Year + More News

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: BlockFi Ends Free Withdrawals, ‘NFT’ is Word of the Year + More News  Read more »Pay, Trade, Buy Bitcoin with Credit Card

EY Survey Finds 1 in 4 Hedge Funds to Increase Crypto Exposure Next Year

EY, one of the big four consulting and auditing firms in the world, found that one in four hedge funds are expecting to increase their crypto exposure for the next year. The 2021 EY Global Alternative Fund Survey describes that alternative fund managers are slowly taking a stable place in the portfolios of investors, with…
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Ripple Partners With Republic of Palau, 74 Japanese Firms to Issue a Digital Yen + More News

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: Ripple Partners With Republic of Palau, 74 Japanese Firms to Issue a Digital Yen + More News  Read more »Pay, Trade, Buy Bitcoin with Credit Card

IMF Warns El Salvador, India’s Crypto Soap Opera, Brazil’s CBDC Pilot + More News

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: IMF Warns El Salvador, India’s Crypto Soap Opera, Brazil’s CBDC Pilot + More News  Read more »Pay, Trade, Buy Bitcoin with Credit Card