MoonPay a crypto payment firm valued at $3.4 billion after first funding round
MoonPay, a cryptocurrency payment firm, is expected to attain a valuation of $3.4 billion following its first investment round, according to The Information. Tiger Global Management and Coatue Management were the co-lead investors in the $400 million financing round. In the context of a three-year-old business, the company’s worth is astronomical. Using MoonPay , individuals […]
Hedge fund Millennium reminds employees to declare cryptocurrency holdings
To avoid any legal repercussions, Millennium Management has urged its workers to disclose any personal cryptocurrency holdings to the firm’s compliance staff. The action is the latest evidence that cryptocurrency has emerged as a subject of discussion — as well as a potential investment — among Wall Street’s most powerful figures. According to a person […]
Özil sets to launch cryptocurrency to promote his clothing line
Mesut Özil, the German football icon is launching his own clothing line, M10Streetwear, and also establishing his own cryptocurrency to help advertise the clothing brand. Ozil’s latest tweet, which featured Bitcoin’s glowing eyes symbol on his photograph and stated, “interesting things coming soon,” is the football celebrity’s hint at launching his cryptocurrency , according to […]
Billionaire investor Bill Miller expresses support for Bitcoin
Bill Miller, a seasoned Wall Street investor and founder of Miller Value Partners, in a recent interview showed support for Bitcoin (BTC) but expressed doubt about several of the altcoins. Miller believes Bitcoin represents digital gold, and unlike many of his financial contemporaries like Warren Buffet being the most renowned, he has been an active […]
G7 nations draft guidelines for a CBDC issuance
The G7, a group of seven industrialized nations, is expected to release guidelines for the creation of central bank digital currencies (CBDC), presently, no CBDC has been issued by any of the G7 countries. According to reports, the proposed rules are made up of 13 sections, with the major focus on transparency and privacy. The […]