Tag Archives: social

According to Guido Buehler – Chief Executive Officer of the Swiss-based SEBA Bank – bitcoin will reach a new all-time high in 2022. The exec believes institutional investments will be the main factor for such a price surge. Additionally, the digital bank raised $120 million in a Series C funding round co-led by DeFi Technologies and Alameda Research. The organization vowed to use the funds to expand into new markets globally and increase the product offerings. BTC to Touch...

NEAR protocol has managed to close substantial funding round from top cryptocurrency investors in preparation for a further DeFi-oriented advance. NEAR Protocol has closed $150 million in funding from high-profile investors, reported CoinDesk. Some of the names include Alameda Research, Su Zhu’s Three Arrows Capital, Dragonfly Capital, Andreessen Horowitz (a16z), and others. The funding reportedly happened through a private token sale. It was completed in two weeks which is...

The police in South Africa are looking into a possible crypto scam case after an investment company attempted to reimburse some investors from the now-defunct Africrypt exchange. Police Launch Closer Look at Africrypt Bloomberg informed that South African Police forces across four provinces, including Durban and Johannesburg, are currently investigating reports in connection to the alleged Africrypt scam from 2021 involving co-founder brothers Raess and Ameer Cajee. The...

2TM Group, the parent company of Brazil’s largest cryptocurrency exchange Mercado Bitcoin, reportedly acquired a controlling stake in Portuguese-based digital asset trading venue CriptoLoja. Last year, the latter became the first platform in Portugal with an official license as a “virtual asset service provider.” Pushing into Europe According to a January 12 report by Reuters, the Brazilian organization, valued at approximately $2.2 billion, declined to disclose the terms of...

After the most recent correction in which BTC lost 15% of value in days, bitcoin miners have started to accumulate in large portions once again. At the same time, yesterday saw the most significant bitcoin withdrawal from crypto exchanges since September. Bitcoin Miners Change of Strategy Being the backbone of the Bitcoin network, miners’ behavior in regards to their BTC holdings is essential for the overall landscape around the asset. Typically, they tend to sell after a...

The reality TV star, Kim Kardashian and the boxing legend, Floyd Mayweather, are among the targets of a recent lawsuit. Filed in a Los Angeles federal court on January 7, the suit alleges that the duo and other celebrities misled investors by promoting a digital currency known as EthereumMax (EMAX). Misrepresentation of Facts to Pump EMAX Token Price The plaintiff, according to court documents, represents investors who invested in “the Ethereum Max scheme” from May 14 through...

Leading Ethereum layer-2 scaling solution, Polygon, announced today that the much-awaited Ethereum Improvement Proposal (EIP) 1559 upgrade will go live on the mainnet next week. Polygon’s London HardFork Set to go Live In an official announcement on Wednesday, the India-based project noted that the upgrade, which will initiate the burning of MATIC, is scheduled to go live on the mainnet on January 18, 2022 at about 8 a.m. UTC. The EIP-1559 upgrade, commonly known as the...

Speaking to CNBC on Jan. 11, the billionaire investor said he looks for utility when researching crypto investments. He followed up with “tokens trading are the least important part of crypto” in a Tuesday tweet. Decentralized platforms leveraging smart contract technology and DAOs are his preferred choices, he stated. Tokens trading are the least important part of crypto. Being able to create businesses on decentralized platforms leveraging smart contracts, validators,...

Jeff Zeller has been named by CryptoCom NFT as its Senior Director of NFT Partnerships and Business Operations, a PR from the exchange said on Wednesday. Zeller previously occupied senior positions at Sony Music and Apple and was the director of Entertainment Partnerships and Marketing at ESPN before joining the crypto firm. New CryptoCom NFT Senior Director The announcement shared with CryptoPotato informed about the hiring of Zeller, who came directly from ESPN. The company...

The world’s largest digital asset trading venue – Binance – announced it partnered with the Confederation of African Football (CAF). As a result, the company became the official cryptocurrency and blockchain sponsor of the 2021 TotalEnergies Africa Cup of Nations (AFCON) tournament. The latter is the most significant soccer championship on the continent – this year, it is held from January 9 till February 6, 2022, in Cameroon. Binance’s African Endeavor Apart from taking its...