The smart contract platform, Monad Labs is in talks to raise over $ 200 million via a funding round that is likely to be led by venture capital firm Paradigm. A successful funding round will see Monad Labs’ valuation rocket to $ 3 billion. Monad Labs Building Platform to Challenge Ethereum Monad Labs, …
Founders Fund, a venture capital (VC) firm founded by the billionaire Peter Thiel, is believed to have acquired bitcoin and ethereum worth $ 200 million sometime in the second half of 2023. The VC firm reportedly began purchasing bitcoin when its price was still under $ 30,000. Founders Fund’s Renewed Interest in Crypto …
Bitwise has revealed in an amended filing with the U.S. Securities and Exchange Commission (SEC) a plan to seed its spot bitcoin exchange-traded fund (ETF) with $ 200 million. This significantly exceeds Blackrock’s $ 10 million seed commitment for its spot Bitcoin ETF that’s planned for Jan. 3. Bitwise’s $ 200 Million …
FTT, the exchange token launched by the now defunct cryptocurrency trading platform FTX, has experienced a significant 200% surge in value over the past two weeks, surpassing the $ 3 per unit mark. Ranking as the fifth largest exchange coin in terms of market capitalization, FTT stands below prominent counterparts like BNB, LEO, OKB, …
An investigation led by the Organized Crime and Corruption Reporting Project (OCCRP) alleges that Nayib Bukele, President of El Salvador, deviated hundreds of millions of dollars granted by the Central American Bank for Economic Integration (CABEI) to develop the project of making bitcoin legal tender. OCCRP States Nayib Bukele Embezzled Funds to Make Bitcoin Legal […]