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“# Tether launches Synonym to boost Bitcoin adoption through Lightning Network ” Synonym Software Ltd., a company founded by stablecoin issuer Tether Holdings Limited, officially launched on Tuesday, setting in motion a highly ambitious project to bring Bitcoin (BTC) transactions mainstream through an independent financial platform that utilizes the Lightning Network. Synonym’s stated goal is…
“# Brave launches browser-native crypto wallet to combat fake extensions ” Privacy-oriented browser Brave continues to deepen its commitment to cryptocurrency adoption by replacing its extension-based cryptocurrency wallet with a browser-native one. The company announced to Cointelegraph on Tuesday that it is prepping the official launch of Brave Wallet; a self-custody cryptocurrency wallet built into…
“# Liquid staking protocol pSTAKE raises $10M from notable cryptocurrency venture capital firms and angel investors ” On Tuesday, pSTAKE, a liquid staking protocol from decentralized finance (DeFi) platform Persistence, announced in a statement provided to Cointelegraph that it had closed a $10 million strategic funding round from venture capital firms. Tendermint, the core developer…
“# American Airlines partners with decentralized travel market Winding Tree ” Ethereum-based decentralized travel marketplace Winding Tree has announced a new collaboration with American Airlines that will allow select travelers to receive tailored booking options, opening up a potential new use case for blockchain technology. Through the collaboration, American’s largest corporate travel buyers will have…
“# Novogratz’s crypto firm Galaxy Digital delays US stock listing to 2022 ” Galaxy Digital Holdings, Mike Novogratz’s cryptocurrency investment management firm, is not going public in the United States in late 2021 as the firm previously planned. Galaxy Digital has postponed plans for a U.S. listing, now expecting to go public in the first…
“# BTC Markets hires former ASX and Tyro executives to advisory board ” Australia’s largest digital assets exchange, BTC Markets, has announced it will be adding two new senior additions to its Advisory Board, David Raper and Garry Duursma. BTC Markets has 325 thousand Australian clients, who have traded over AU$17.1 billion on the platform….
“# Paradigm unveils new $2.5B crypto fund ” Crypto investment firm Paradigm has revealed a new $2.5 billion”New Venture Fund” to expand its investment into cryptocurrency companies and protocols. According to a Nov. 15 announcement, Paradigm co-founders Fred Ahrsam and Matt Huang stated that “the fund and its size are reflective of crypto being the most exciting…
“# Nasdaq-listed Bitcoin mining firm Marathon to raise $500M in debt ” Marathon Digital Holdings, one of the largest Bitcoin (BTC) mining companies in the United States, is looking to raise $500 million in debt to buy Bitcoin and set up new Bitcoin miners. The Nasdaq-listed company officially announced Monday a private debt offering featuring…
“# Circle to invest in Japanese yen stablecoin as part of expansion to Asia ” Circle, the United States-based issuer of USD Coin (USDC), has set its sights on thriving Asian crypto markets. In a move to strengthen its presence in Asia, Circle picked Singapore to establish a regional headquarters. The company is also setting…
“# As Patreon tests the waters, can crypto open doors for content creators? ” As the digital asset market continues to break new ground, seemingly with each passing day, there is no denying the fact that crypto adoption has continued to increase at a fairly rapid pace globally. In this regard, it now appears as…