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Two formula one race cars speeding down track leaving fire trails representing the risky turbocharged growth of crypto startup valuations through aggressive fundraising approaches
Business

Crypto startups see rapid growth through ‘fluid valuations’ and decentralized cap tables — Bloomberg

May 5, 2024 sly bacusmo

[ad_1] Share this article Cryptocurrency startups are increasingly adopting an aggressive form of fundraising known as open-ended or rolling funding rounds. This approach allows startups to continuously raise capital and rapidly boost their valuations, in […]

How Will Toncoin (TON) React After Telegram Raises $330 Million
Business

Telegram-Linked Toncoin Gets Backing from Pantera Capital

May 5, 2024 sly bacusmo

[ad_1] Pantera Capital, a prominent crypto venture capital firm, has recently injected an undisclosed sum into The Open Network (TON). This investment marks a significant milestone as TON continues to gain traction within the expansive […]

Nigerian BICCoN convenes crypto exchanges round table with SEC chief amid crackdown
Business

Nigerian BICCoN calls for crypto exchanges round table with SEC chief amid crackdown

May 4, 2024 sly bacusmo

[ad_1] Recently, crypto exchanges like Binance have found themselves under serious scrutiny in Nigeria The BICCoN-led initiative for a meeting between the SEC chief and crypto exchanges reflects a commitment to fostering a conducive crypto […]

Benefits Remote Work Brings to Web3, Crypto Companies
Business

What Traditional Firms Can Learn from Remote Work in Crypto

May 3, 2024 sly bacusmo

[ad_1] The decentralized nature of blockchain and the flexibility of remote work have proven to be a significant advantage for companies operating within the Web3 and cryptocurrency sectors. Fully remote companies utilize the unique benefits […]

Sui partners with Google Cloud to accelerate Web3 and AI integration
Business

Sui partners with Google Cloud to accelerate Web3 and AI integration

May 2, 2024 sly bacusmo

[ad_1] Share this article Layer 1 blockchain Sui announced today it has joined forces with Google Cloud to enhance Web3 applications with improved security, scalability, and AI-driven tools. 🚨Sui is teaming up with @GoogleCloud to […]

Samourai Wallet co-founder released on $1M bond
Business

Samourai Wallet co-founder released on $1M bond after pleading not guilty

May 2, 2024 sly bacusmo

[ad_1] Samourai Wallet founders have been charged with money laundering and operating an unlicensed business. Keonne Rodriguez, one of the co-founders, was released on a $1M bond after pleading not guilty in NYC court. The […]

Ripple Partners with HashKey DX for XRPL-Powered Solutions in Japan
Business

Ripple Expands to Japan, Partners with HashKey DX for XRPL Use

May 1, 2024 sly bacusmo

[ad_1] Ripple, the entity behind crypto asset XRP, announced a partnership with Tokyo-based HashKey DX. The collaboration aims to roll out innovative XRP Ledger (XRPL)-powered solutions. Ripple and HashKey’s partnership will also introduce advanced blockchain […]

SEC has regarded Ethereum as security for at least a year: report
Business

SEC has regarded Ethereum as security for at least a year: report

April 30, 2024 sly bacusmo

[ad_1] SEC began investigtions into Ethereum as a security in March 2023. The regulator sent subpoenas and a Wells Notice to Consensys, a Ethereum development firm. The US Securities and Exchange Commission (SEC) has reportedly […]

Franklin Templeton benji token transfers
Business

Franklin Templeton integrates P2P functionality for its on-chain government securities fund

April 29, 2024 sly bacusmo

[ad_1] Share this article Franklin Templeton, the company that manages over $1.6 trillion in assets, announced this week that shareholders of the Franklin OnChain US Government Money Fund (FOBXX) can now transfer shares directly to […]

Shiba Inu Secures $12 Million for Layer-3 Blockchain Development
Business

Shiba Inu Raises $12 Million to Develop a Layer-3 Blockchain

April 29, 2024 sly bacusmo

[ad_1] Shiba Inu (SHIB) team has reportedly raised $12 million to develop a new layer-3 blockchain. The team secured this fund through the sale of its upcoming token, TREAT, to non-US venture capital firms. Notably, […]

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