Crypto investment product firm 21.co raises $25M to reach $2B valuation
Founded during the major market slump of 2018, 21Shares holds its vision that solid crypto products only grow stronger during crypto winters. 21.co, the new parent firm of exchange-traded products (ETP) provider 21Shares, has become “Switzerland’s largest crypto unicorn,“ the …
DeFi Regulations: Where US regulators should draw the line
The U.S Federal agency’s approach to the DeFi market has raised several concerns over the future of the industry: Experts weigh in on what’s the right approach. Decentralized finance (DeFi), one of the fastest growing ecosystems in the cryptocurrency market, …
Hut 8 surpasses 8,000 BTC mark as it continues to HODL
The Canadian mining operator has managed to HODL through tough market conditions while other miners have sold holdings to manage operational costs. Canadian mining firm Hut 8 saw its Bitcoin holdings surpass the 8,000 Bitcoin (BTC) mark as it continues …
CBDCs require governments to put a special focus on security
Any nation implementing a CBDC in the near future must make sure it’s ready to defend its digital assets and, most importantly, its private keys. Today’s financial world is becoming increasingly digitized, and naturally, central banks want to adapt to …
Ethereum co-founder’s poll shows people want $100 lifetime .eth domains
Almost 50% of the 91,130 votes answered that the fair price for 100 years of owning a five-letter .eth domain is under $100. As Ethereum Name Service (ENS) domains became more popular, the conversation has steered towards .eth domain pricing …
Reddit NFT avatars selling for a premium on OpenSea
Reddit’s launch of limited edition NFT avatars has led to a large premium on secondary sales on OpenSea. Sales of recently launched Reddit blockchain-based avatars are rising on nonfungible token (NFT) marketplace OpenSea, outperforming the platform’s proprietary store. Reddit, the …
Vitalik reminds node operators to update client before the Bellatrix upgrade
The Bellatrix hard-fork is the final update on the Beacon chain that will prepare it for the Merge, and if node operators are not updated to the latest client, they risk syncing to the pre-fork chain. Ethereum co-founder Vitalik Buterin …
Australian Treasury consults public on Bitcoin foreign currency tax exclusion
The public has been provided with 25 days to share their opinion on the proposed legislation. Australia’s ministerial department of Treasury reached out to the public to seek consultation regarding draft legislation that would exclude cryptocurrencies from being taxed as …
Exiled Myanmar democratic leaders want to issue CBDC to fund the revolution
The National Unity Government is considering using the country’s frozen reserves as a backing for the digital currency. Half a year after the military junta in Myanmar revealed its plans to launch a digital currency, the country’s government, ousted in …
Crypto investment product firm 21.co raises $25M to reach $2B valuation
Founded during the major market slump of 2018, 21Shares holds its vision that solid crypto products only grow stronger during crypto winters. 21.co, the new parent firm of exchange-traded products (ETP) provider 21Shares, has become “Switzerland’s largest crypto unicorn,“ the …