Blockdaemon, a crypto infrastructure firm raises $207 million at a valuation of $3.25B
Despite the crypto market’s current sea of red, unicorn valuations persist, with Blockdaemon being the most recent example. After a $207 million Series C led by Sapphire and Tiger Global on Wednesday, Blockdaemon claimed it had a $3.25 billion post-money valuation. In its September 2021 Series B, Blockdaemon was valued at $1.3B The company offers […]
Florida Office of Financial Regulation (OFR) Issues Warning About DeFi
Florida Office of Financial Regulation (OFR) warns that DeFi is still in its infancy, is extremely volatile, and is mostly driven by psychological considerations rather than investment fundamentals Warning About Decentralized Finance (DeFi) The Florida Office of Financial Regulation (OFR) has issued a warning concerning companies that offer lending, banking, and investment services based on […]
Russian tech and political execs slam crypto ban proposal
Several Russian CEOs have voiced dissatisfaction with the country’s recent decision to prohibit crypto-related transactions and mining. Russia seemly isn’t pleased with the ban Telegram’s CEO and co-founder Pavel Durov, as well as Russian opposition leader Alexei Navalny’s right-hand Leonid Volkov, both went to Telegram to oppose the central bank’s plan, which calls for a […]
Tether recovers $87 million in USDT transmitted to incorrect addresses
The recovery technique offered by Tether for its subscribers is not a free service according to the statement on the website. Since its launch in 2014, stablecoin issuer Tether has assisted customers in recovering $87 million in USDT that had been transmitted to incorrect addresses, according to its CTO Paolo Ardoino. Tether’s retrieval process According […]
Opera launches the first blockchain inclined internet browser
Although still in the beta software stage and available only for Mac, Windows and Andriod users, the new internet browser is Opera’s new Web3 initiative designed for all things involving blockchain technology. Opera announced on Wednesday that it will release a new browser that is designed and optimized for all things blockchain , including cryptocurrency […]