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“# Raoul Pal believes institutions have finished taking profits as year winds up ” Real Vision CEO Raoul Pal believes the recent volatility in the Bitcoin price is due to institutions selling to help shore up their end-of-year profits, The perennial Bitcoin (BTC) bull told Vlad from The Stakeborg Talks in a Dec. 27 interview…
“# Sequoia China leads $25M equity round for DeFi wallet DeBank ” DeBank, a cryptocurrency wallet focused on decentralized finance (DeFi) solutions, has closed new funding led by major venture capital firm Sequoia China. The firm announced Tuesday on Twitter that it raised $25 million, bringing DeBank’s total valuation to $200 million. Apart from Sequoia…
“# Mexican billionaire says ‘buy Bitcoin’ in New Year message ” Mexico’s third-richest person sent out a heart-warming New Year message to Bitcoin (BTC) enthusiasts on Christmas Eve. Ricardo Salinas Pliego recommended moving away from fiat money and buying Bitcoin in a two-minute festive video. He gives three pieces of advice to his 957,200 followers…
“# Indian police commissioner issues a public warning against crypto frauds ” Goel highlighted the various methods that are actively being used by fraudsters to dupe investors such as lucrative investment opportunities, illegitimate bank transfers and cryptocurrencies. Acknowledging the growth of Indian crypto users, Goel added: “They [fraudsters] ask you to share your cryptocurrency details….
“# President Bukele fires back at critics on ‘Bitcoin experiment’ ” On Thursday, President Nayib Bukele of El Salvador reaffirmed his belief forBitcoin (BTC) supremacy on Twitter once again, this time stating that after widespread adoption occurs, “it’s game over for fiat.” The Salvadoran president has been a mainstay in news headlines due to his regular…
“# Missed out on hot crypto stocks in 2021? It paid just to buy Bitcoin and Ethereum, data shows ” Bitcoin (BTC) may have fluctuated in price this year, but BTC remains a better play than the biggest crypto stocks. New data currently circulating shows that for all the growth in the industry surrounding Bitcoin,…
“# Crypto exchange Kraken acquires non-custodial staking platform Staked ” Major cryptocurrency exchange Kraken has announced that it purchased blockchain infrastructure company and investment manager Staked for an undisclosed amount. In a Tuesday announcement, Kraken — the crypto exchange aiming for a $10 billion valuation — said it had added Staked to its portfolio of…
“# Bank of Russia to allow crypto investment via foreign firms: Report ” Russia continues sending mixed signals to the cryptocurrency markets as more reports provide details on the country’s upcoming crypto regulation. Shortly after Bank of Russia governor Elvira Nabiullina announced the Bank’s intention to prevent the local financial system from using crypto, another…
“# Bent Finance confirms pool exploit, advises investors to withdraw funds ” Staking and farming platform Bent Finance joins the list to become the sixth crypto establishment to get hacked in December. The acknowledgment of the attack was followed by requesting investors to withdraw their pool funds and disabling the reward claims on the compromised…
“# Binance VC arm leads $60M round in cross-chain protocol Multichain ” Binance Labs, the venture capital and incubation arm of Binance cryptocurrency exchange, has led a financing round for the cross-chain protocol Multichain, previously known as Anyswap. Shortly after rebranding from Anyswap last week, Multichain has raised $60 million in a seed funding round…