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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.
Government officials claim that, based on a month-to-month basis, the CPI increased by 0.5 percent in the month of July alone.
The Neuberger Berman’s Commodity Strategy fund will offer crypto exposure through Bitcoin and Ethereum futures, Bitcoin trusts or exchange-traded funds.
The Poly Network hackers returned $342 million worth of tokens back, claiming that they only hacked the network to highlight vulnerabilities.
Gensler believes that the SEC should regulate crypto, as well as monitor transactions and platforms, to protect investors from the sector.
The bigger $3.5 trillion budget package passed by the American Senate has been tagged as a complementary expenditure plan to the $1 trillion infrastructure bill passed on Tuesday.
It was also revealed that the Senate Minority Leader Mitch McConnell questioned why the government would be spending trillions “when inflation is already sticking American families with higher costs.”
The hack saw cross-chain Poly Network lose ETH, BNB, and USDC, worth hundreds of millions, larger than the 2014 Mt. Gox exchange hack.
Besides rebranding its compliance procedures, BitMEX also affirmed it is diversifying its services beyond the legacy derivatives product it is known for.
Apart from clear crypto regulation, the bill seeks to fund $1 trillion in both infrastructure maintenance and new initiatives like electric vehicle charging stations. It is the first part of Biden’s infrastructure agenda.
The Federal lawmakers plan to vote on Tuesday over the original crypto tax bill as a potential source for generating $28 billion infrastructure funding.
US jobs improve in July as unemployment rate dips to 5.4% from 5.9% as a result of job increases. Average earnings per hour also rise.
Yesterday’s activation of the London Hard Fork has heightened the faith of ETH holders in the crypto holders and its founders have set eyes on a new goal, which is the possibility of a merger with ETH 2.0. Vitalik Buterin, a co-founder of the cryptocurrency, made this known following the huge success recorded after the […]
Token burning is gradually becoming a vital phenomenon in the digital currency ecosystem, and it is set to place the Ethereum coin as a deflationary asset.
With just 24-hours left for the upcoming London hard fork, the ETH community eagerly awaits the exciting changes it will bring to the network.