The SOLX token will be used for governance rights, paying transaction fees on the platform, and staking capabilities on the Soldex platform.
Lee recommends taking profits off the table and injecting them into other market segments.
The JPMorgan analyst described the stock frenzy as a melt-up situation that does not continue forever.
With the advances in today’s cryptocurrency ecosystem, XMTP has highlighted the need for prompt communications amongst crypto wallets.
Using the funds, Syndicate is planning to further improve the DAO infrastructure while increasing user participation in the space.
The latest fundraising led by Lightspeed Venture Partners pouts Offchains Labs into the league of unicorn startups as valuations move past $1.2 billion.
Deximum is built with the mission to create innovative blockchain solutions for corporate clients in the DeFi space and to provide staking infrastructure and “crowd-staking” services for individuals all around the world.
A valuation of over $55 billion will make Nubank bigger than any other bank or fintech in Brazil.
Fox Corp explains that the investment will include providing blockchain tech services to the newly created Blockchain Creative Lab section of Fox Entertainment and Bento Box by Eluvio.
Speaking on applied materials, Cramer noted that he loves the quarter and opined that those who sold their stock made a mistake.
Blockstream said that it will use these funds to expanding its footprint in the Bitcoin mining sectors. Besides, it will help them to bring Bitcoin-focused innovative financial products in the market.
As Palantir COO Shyam Sankar explained, such a heavy investment in gold is a hedge against ‘black swan events’.
Back in February this year, Reddit raised $410 million from Fidelity in a Series E funding round. The total funds brought by the round made up $500 million, which made the company’s valuation total $6.5 billion.
With the growing backing from its investors and partners, Horizen Labs aims to continue its push of helping businesses build and integrate its technologies as it has done for the past two years.
Now with unicorn status, TaxBit intends to use funds received from the Series B funding to expand physical operations into the UK and the US.