According to a report published by Bloomberg on Thursday, Ava Labs is en route to raising a new round of funding for $350 million at a valuation of $5.25 billion. Details of the agreement have not been made public. Ava Labs is the lead developer of the Avalanche (AVAX) blockchain. The total value locked, or TVL, on AVAX currently sits…
Bitcoin (BTC) took a chunk out of its impulse move above $41,000 on April 14 as Wall Street opened with a whimper. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin follows stocks downhill Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it made swift losses as trading began on April 14. The pair had been approaching $41,600 the day prior,…
We as individuals in a modern society becoming more technocratically dystopian by the day, will inevitably be faced with a choice. Succumb to the allure of a centrally owned and issued digital money (panopticoin) or a truly sovereign, organic, digital money with roots in the physical (Bitcoin). The west is no longer The West. It no longer even deserves to…
Decentralized finance (DeFi) protocols have diversified investment opportunities in the crypto industry by facilitating novel and innovative passive income generation schemes. Delving a bit into how they work, DeFi systems are based on blockchain technology and run on programmable chains such as the BNB Chain and the Ethereum Network. The chains use decentralized peer-to-peer (P2P) finance architectures to cut out…
Bitcoin isn’t always about price charts and investment strategies. Sometimes it can simply be fun. That’s the goal behind Bitsneaks, a limited edition of “the world’s most high-tech sneakers” capable of displaying the live price of Bitcoin, developed by Swedish startup Bitrefill and NBA star Spencer Dinwiddie. Created by Bitrefill’s own team in cooperation with Scandinavian tech wizards at the…
ZIL was up by more than 20% in Thursday’s session, as prices rebounded following a string of recent drops. RUNE was also up by over 15% today, as it hit its highest point so far this week. Overall, the global crypto market cap is up 2.08% as of writing. Zilliqa (ZIL) Following almost two weeks of declines, ZIL finally stopped…
The world’s energy market is rapidly evolving, moving from hydrocarbon plants to a future centered around clean energy enabled by wind and solar power. As such, today’s energy market is shifting to an increasingly decentralized, real-time model based on distributed energy resources (DERs) including battery energy storage systems, solar arrays, natural gas generators and more. Recent findings from Allied Market Research…
In brief Rarible Protocol has integrated Solana NFTs, which will soon begin appearing on the Rarible.com marketplace. Rarible also launched a custom marketplace for the popular Solana NFT project, Degenerate Ape Academy. The Solana NFT ecosystem is expanding to new frontiers this month. After launching last week on OpenSea, the most popular marketplace in the wider NFT space, now rival…
To doxx (oneself) or not to doxx? That is a question faced by many operating in the cryptocurrency and blockchain space, including developers, influencers, and investors. Does one use one’s own name when venturing into the often chaotic and largely unregulated crypto world — or don an alias? Consider Embrik Børresen, developer of RobinHood Inu — a reflection token that…
Amazon CEO Andy Jassy says Amazon is not close to adding support for cryptocurrency payments. “We’re not probably close to adding crypto as a payment mechanism in our retail business, but I do believe over time that you’ll see crypto become bigger,” Jassy said. But Jassy, who made the comments in a CNBC interview on Thursday, did say he thought…
