Amid rising global inflation and fear of a worldwide banking crisis, the demand for risky assets, including Bitcoin, has significantly spiked in the recent past.
Blockchain-oriented VC firm Contango plans to use the seed round proceeds to facilitate increased Web3 adoption globally.
Thursday’s price pump in crypto comes following a rally in US equities as markets choose to look beyond the Fed rate hikes.
Ethereum price gained approximately 4 percent in the past 24 hours to trade around $1,815 during the early Asian market on Friday.
The news has already stirred the crypto ecosystem with many of the affected holders of LUNA yet to recover their losses.
Some of the solutions being developed on Radix include but are not limited to those hinged on dApps for trading, saving, lending, borrowing, gaming, NFTs, and wallets.
Mike McGlone anticipates a Bitcoin Supercycle due to the asset’s raving performance despite economic circumstances.
Modulo’s $460 million marks a significant recovery in the ongoing bankruptcy case.
Some crypto industry insiders believe that BTC price can surge to its previous all-time high of $69,000 and even beyond to $100,000.
Those violating the law could be sentenced to up to two years in jail as well as a fine of 30,000 euros, in addition to losing their social media accounts.
Amid its ongoing crackdown on crypto entities, the SEC issued an enforcement action Wells notice to Coinbase.
Asides from integrating a USDC payment rail, Xapo Bank recently partnered with Faster Payment System (FPS) to extend its global reach.
Other services on the exchange remain as they were, and would not be affected by the upcoming change.
The MetaMask marketplace provides institutional players with a one-click crypto staking experience by offering all the necessary tools to build their Web3 portfolio.
Gary Gensler noted that the case indicates the high risks investors face when there is no proper disclosure before the offering of crypto asset securities.