Cryptocurrency investment platform eToro has committed $1 million to the GoodDollar universal basic income protocol, supporting the nonprofit’s effort to bridge the global wealth gap through DeFi and smart contract technology. The additional capital will aid GoodDollar in expanding its protocol and introducing more recipients to cryptocurrency, eToro announced Wednesday. The GoodDollar system works by capturing the interest generated by staking…
The U.S. Treasury Department has blacklisted Suex, a cryptocurrency broker based in Russia, for its money laundering activities. The platform is suspected of processing hundreds of millions of dollars in crypto transactions related to scams, ransomware attacks, darknet markets, and the infamous BTC-e exchange. OFAC Adds Russian Crypto OTC Exchange Suex to Blacklist The Office of Foreign Assets Control (OFAC)…
Avalanche (AVAX) prices recovered on Sept. 22, paring a portion of losses that hit cryptocurrencies at the beginning of this week, led by worries about potential contagion in China’s housing market.The AVAX/USD exchange rate surged by as much as 12.05% to log an intraday high at $66.08. The pair’s gains came as a part of an interim rebound that started…
Bitcoin (BTC) mining company BIT Mining plans to invest $12.14 million to develop an 85 megawatts crypto mining center in Ohio.As the company that owns the entire mining pool business operated under BTC.com, BIT Mining set up a joint venture agreement with Viking Data Centers to establish the Bitcoin mining facility.As part of the JV agreement, BIT Mining will pay $10.84…
One River Digital, a cryptocurrency-focused hedge fund offering exposure to Bitcoin (BTC) and Ether (ETH), has closed its first funding round after launching last year.One River Digital president Sebastian Bea confirmed Wednesday that the company had raised $41 million in a Series A financing round from investors, including Goldman Sachs and Coinbase Ventures.Other investors included American diversified global insurer Liberty…
Lending and borrowing money is one of the oldest and most reliable ways of amassing wealth. Whether you need some extra cash to invest in a business venture, or want to earn some interest on your savings, loans have always been the go-to for many investors when it comes to maximizing their long-term profits. When you want to borrow or…
sponsored Mars4 – centered ecosystem where you can explore a virtual Mars Metaverse, own and customize your land property with MARS4 dollars and even reap the rewards of the world’s first revenue-generating NFT! Attractive tokenomics of Mars4 leverages NFT Mars Land, Gamification and Token Redistribution.Mars4 is a unique metaverse. The Mars4 project’s development team has modeled their detailed 3D map…
Solana ecosystem project Orca has concluded an $18 million Series A investment round led by some of the biggest venture funds in crypto, offering further evidence that high-profile investors are keen to back SOL-based startups. Orca, which operates as a decentralized exchange, will use the funds to continue developing its automated market maker solutions for Solana, the company announced Wednesday. The…
Changelly has introduced the MASK token to the family of over 200 cryptocurrencies available for exchange on the platform. Now users can easily and quickly exchange MASK tokens at floating rates. MASK is the native token of MaskDAO, and the DAO is the owner of the Mask Ecosystem. Being members of MaskDAO, MASK holders have ownership of the Mask Ecosystem…
On August 10, a hacker stole more than $600 million through Poly Network and a bizarre series of events unfolded in the aftermath. In this article, Kraken Security Labs dives into the technical details of how the attacker was able to steal such a large amount of funds and the subsequent fixPoly Network implemented to ensure that this type of…
