Multicoin Capital Raises $430M, Lightspeed Venture Establishes Team
A new blockchain-focused team has been established by Lightspeed Venture Partners to make investments in blockchain businesses in their early stages. Investors have been apprehensive about the current crypto winter so far, but for serious proponents of the new technology, it appears like the time has come to focus even more on high-potential projects. A […]
Over $160 Million Shorts Liquidated as BTC Hits $22K, ETH $1.4K
ETH’s price soared beyond $1.4K while BTC price is aiming for $22,000. As a result, many short bets have been liquidated. The price of BTC is currently hovering at $22,000, having risen by about 5% over the previous week and 2.1% over the previous 24 hours. The cryptocurrency market has continued to grow, adding $150 […]
Australian central bank governor promotes private sector cryptocurrencies
As long as risks are reduced by regulation, according to Phillip Lowe, governor of the Australian central bank, a private solution for cryptocurrencies “is going to be superior.” According to Phillip Lowe, there are hazards associated with dealing with cryptocurrencies that can be reduced by strict rules, but the technology should be produced by private […]
Former Ripple founder depletes his XRP wallet following eight-year selloff
Only $16 worth of XRP is still remaining in the former Ripple founder’s “Tacostand” wallet, according to XRP Scan. Jed McCaleb, the former founder of Ripple Labs, has finally stopped selling off all but 46.7 of his XRP assets, which are now resting in his infamous “tacostand” wallet. The former founder of Ripple carried out […]
Otherside metaverse demo begins with 4,500 participants: highlights
The eagerly awaited launch of the Otherside Metaverse saw 4,500 users, and the project’s Otherdeed NFTs saw sales of $1 billion. The Bored Ape Yacht Club’s Otherside Metaverse project’s “first voyage” tech demonstration has been experienced by about 4,500 people (BAYC). The much-awaited inaugural voyage took place on July 16 and was accessible to owners […]