Singapore, Singapore, 10th June, 2021, Unbound Finance has secured $5.8 million in investment from leading crypto investors, including Pantera Capital and Arrington XRP Capital, to support the firm and become the first ever decentralized cross-chain stablecoin. Unbound is aiming to create capital efficient products that are both native and composable to the DeFi ecosystem. The…
Hong Kong-based NFT art project Llamaz made history on the 4th of June 2021, when it successfully launched a series of NFTs into near space.
On June 2, Bitcoin and altcoins saw double-digit rallies with Bitcoin briefly stood above $38,000 and dogecoin increased 40% once. The rally failed to spark hope among investors and the bitcoin fear and greed index is at 24, indicating extreme fear. Investors have good reasons to fear as the market saw a 50% loss recently.
The decentralized finance sector has been regarded as one of the main sectors of the crypto market, and it allows traders to access a whole array of financial services like lending and trading directly on the blockchain. While activities on centralized platforms only provide a degree of anonymity, the decentralized sector provides traders with access to the market without the need for any intermediaries.
ProBit Global and BitBook made a splash in the IEO sector following a milestone-setting $2,000,000 IEO raise completed on the 2nd day of launch. The frenetic pace quickly claimed the entire 140,000,000 BBT allocation and maintained considerable momentum as BBT appreciated 75% to a high of 0.025 USDT following listing as the token has demonstrated significant demand.
Zug, Switzerland, 9th June, 2021, Concordium , the blockchain company, will for the first time offer the world access to a safe, transparent and regulatable blockchain and cryptocurrency, marking the end of an era of anonymity and distrust that has undermined the development of the industry. After three years of development, the Concordium Blockchain and…
London, United Kingdom, 8th June, 2021, Flare, the world’s first Turing-complete Federated Byzantine Agreement (FBA) network, has attracted investment from several top-tier venture capital funds. The project raised a total of $11.3 million in its latest funding round, led by Kenetic Capital with investment from such firms as Digital Currency Group, Coinfund, LD Capital, cFund,…
UK-based investment manager Ruffer entered the Bitcoin market last November with an investment of around $600 million. It didn’t take long for the company’s bet on BTC to start paying off nicely, as the company managed to reap a $750 million profit just a few months later while still holding a sizeable Bitcoin position.
Over the years, we have seen immense fluctuations in the price of Bitcoin, the leading digital asset on the market. Even though some groups of individuals attempt to predict price movements, a portion of the cryptocurrency investing population prefers to hold digital assets over a long time.