Breaking news coverage from cryptocurrency world about key figures, exchanges, startups, investment, applications, regulation and more.
The senators expressed concern over the possibility of continued surveillance of the athletes if they use the digital yuan.
The US SEC along with some investors raised concerns over the $4 billion investment in Universal Group via the SPAC – Pershing Square Tontine Holdings (PSTH). Ackman shall now fund this investment through his Pershing Square hedge fund.
According to Bloomberg, Iris has been meeting potential investors and seeking an advisor for the concerned matter.
The new fund focused on DeFi tokens will allow the growing pool of investors to trade in decentralized financing.
NSAV will become the second cryptocurrency firm to be publicly traded and listed in the United States.
The fast spread in the Covid-19 delta variant has put concerns on the growth of the economy. The CBOE Volatility Index shot to 25 suggesting high fear among investors on Wall Street.
The new idea is to venture into the video gaming business to help Peloton diversify into more revenue returning avenues amid Covid-19 market recovery.
Robinhood is planning to release 55 million shares in the open market as it plans to reserve 20% to 35% of Class A shares for its customers.
DriveWealth is a successful fintech startup that has recently gained momentum in terms of accelerated revenue.
As per the deal, the Zegna family is expected to raise $880 million by collaborating with Investindustrial. It will also retain a 62% majority stake in the company, valued at $2.5 billion.
The SCMP has chosen several blockchains to kick-start the project including The Sandbox based on the Ethereum chain.
The recent report shows that Duolingo recorded a substantial level of success in its first quarter.
Ark Invest has continued to double down its bet on Coinbase with several increased ETF positions in the last few weeks.
Shares of Sumo skyrocketed over 40% on the London Stock Exchange on Monday following the news of the acquisition.
Nearly 50% of respondents in the survey expect Bitcoin to overtake global finance by 2040, calling it hyperbitcoinization. It will be interesting to see whether if Bitcoin can overtake the traditional financial market in the next two decades.