Bitcoin node maker nodl launches Lightning Network-focused offering.nodl light is a lightweight, plug-and-play Lightning node made for bitcoin merchants from developing countries.The product aims to enable true financial sovereignty in a more convenient way. Hardware Bitcoin node provider nodl has introduced nodl light, a Lightning Network node offering geared toward merchants in developing countries, according to a statement sent to…
press release PRESS RELEASE. Miami, Florida – The reality of the recent past has changed many aspects of life, from the way live events get hosted to the frequency with which we use up bottles of hand sanitizer. While not all of the changes have been improvements, the rise of digital art and NFTs have been decidedly positive. The landscape…
Decentralized exchange aggregator 1inch Network has concluded a sizable Series B investment round, raising $175 million as part of a broader effort to expand protocol utility and increase access to liquidity within the decentralized finance, or DeFi, market. The investment round vastly exceeded the initial target of $70 million amid active participation from leading venture funds, 1inch Network disclosed Wednesday.…
Decentralized crypto exchange (DEX) aggregator 1Inch has announced a closure of a $175 mln series B funding round led by Amber Group. The raise also saw the participation of about 50 other investors, including Jane Street, VanEck, Fenbushi Capital, Alameda Research, Celsius, Nexo, Tribe Capital and Gemini Frontier Fund, among others. 1Inch is a decentralized finance (DeFi) aggregator designed to…
intermediate Cardano (ADA) is the native token of a proof-of-stake blockchain that goes by the same name. Cardano network was founded in 2015 by Ethereum co-founder Charles Hoskinson. Cardano Foundation states that its ultimate goal is to give innovators and visionaries a platform that will help them make the world a better place. To accomplish this, Cardano’s team is building…
Bitcoin.com is integrating technology from CoinFLEX that enables users to earn interest on a wide range of cryptoassets, including a US-dollar stablecoin (flexUSD), through both passive and active strategies. The passive yield strategy is built on flexUSD, a US-dollar pegged cryptocurrency that automatically provides all holders with compounding interest payments, regardless of where they hold it. “We’re incredibly excited to…
China’s crackdown on crypto is expanding into the metaverse and nonfungible tokens (NFT), an executive at the People’s Bank of China (PBoC) recently implied. Speaking at a national financial security summit, Gou Wenjun, director of the Anti-Money Laundering (AML) unit at the PBoC, pointed to the risks associated with leaving the new trends of the crypto ecosystem, such as NFTs…
intermediate Tezos’s path of glory was not easy at all. However, despite all obstacles, the cryptocurrency was gaining momentum rapidly. Two years after the launch, XTZ has been listed on over ten giant crypto exchanges, including Changelly. We are going to examine XTZ closely and provide you with a comprehensive price prediction about Tezos cryptocurrency. Tezos (XTZ) Overview: How Does It…
It’s been a bumpy ride for Bitcoin (BTC) investors. While waiting on the United States Securities and Exchange Commission (SEC) to make their decision about whether or not they will approve a spot Bitcoin exchange-traded fund (ETF), U.S-based investment firm Fidelity Investments is reportedly launching a spot ETF in Canada subject to regulatory approval. According to a tweet shared by…
Cryptocurrency exchange Crypto.com has announced a sale and purchase agreement to acquire two exchanges in the first half of next year. The exchanges are the North American Derivatives Exchange (Nadex)—a U.S.-based exchange and clearinghouse offering derivatives products—and a platform called the Small Exchange—a futures exchange aimed at retail customers. “Our goal as a platform is to offer our customers a…
