Reddit gains $4B valuation from new funding
Steve Huffman, co-founder and chief executive of Reddit, commented on the company’s recent investment round, which valued the company at $10 billion. Since its most recent investment round in February, the popular social media platform Reddit has seen its market capitalization increase by $4 billion. Six months ago, the company raised $250 million in Series […]
Chainlink’s data oracles launches on Arbitrum One’s solution
Chainlink’s data oracles are now available on Arbitrum One, with the company hoping to make its Proof of Reserve and Verifiable Random Function available on the layer-two network in the near future. Chainlink, a leading data oracle provider, has announced that it has successfully launched on Arbitrum One , the beta mainnet deployment of the […]
Members of state Congress press Nancy Pelosi and others to amend crypto tax definition
Representative Anna Eshoo has called on the House of Representatives to modify the language in the contentious crypto infrastructure legislation. Concerns have been raised by a California congresswoman in a letter to House Speaker Nancy Pelosi regarding the contentious new demand for cryptocurrency tax reporting. Representative Anna Eshoo of California’s 18th Congressional District wrote a […]
Bitcoin : Is being late about perspective?
Bitcoin’s price has climbed by more than 5,000,000 percent between its inception and its all-time high, but have the majority of its enormous gains already been realised when compared to other crypto opportunities? Over the period of about 12 years, Bitcoin (BTC) progressed from obscurity to trading as a totally new class of asset recognised […]
Dune Analytics, an ETH data firm raises $8M from Union Square and others
The “GitHub for crypto analytics” Dune Analytics receives $8 million in funding as it intends to expand to encompass more chains and metrics. Dune Analytics, an Ethereum data business , has secured $8 million in Series A funding. Union Square Ventures led the investment, with Redpoint Ventures, Dragonfly Capital, and Multicoin Capital also participating. Dune, […]