A modest bitcoin rally to a possible challenge of the $86,000 level quickly reversed during U.S. afternoon trading hours on Wednesday as …
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Finance
MIT-Incubated Optimum Raises $11M Seed Round to Build Web3’s Missing Memory Layer
by shayaanby shayaanOptimum, a decentralized, performance-enhancing memory layer for any blockchain, raised an $11 million seed round, inviting its creators from institutions like Harvard …
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Meanwhile, a startup offering life insurance and annuities denominated in bitcoin (BTC), raised $40 million in series A funding round, CEO Zac …
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Ripple’s longstanding battle with the U.S. Securities and Exchange Commission (SEC) seemingly came to a long-awaited end in March after the company …
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Cap, a yield-bearing stablecoin protocol, shared Monday that it has raised $11 million in funding from big-name financial institutions including Franklin Templeton …
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Markets
Crypto-to-Fiat App P2P.me Raises $2M from Multicoin and Coinbase Ventures
by shayaanby shayaanBitcoin’s original promise of “peer-to-peer electronic cash” hasn’t exactly developed in the way Satoshi intended. More people than ever are eager to …
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Adoption
BlackRock’s Global Allocation Fund raises Bitcoin exposure by 1,810% over 12 months
by shayaanby shayaanBlackRock’s Global Allocation Fund increased its exposure to Bitcoin (BTC) through its spot exchange-traded fund, iShares Bitcoin Trust (IBIT), by roughly 1,810% since …
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Artificial intelligence-focused firm CoreWeave raised $1.5 billion for its initial public offering (IPO), valuing the company at roughly $23 billion, Bloomberg reported …
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Rain, a global card issuing platform that uses stablecoins, has secured $24.5 million in funding led by Norwest Venture Partners. Additional participants …
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Markets
Strategy Raises $711M to Buy More Bitcoin in Upsized STRF Perpetual Offering
by shayaanby shayaanStrategy (MSTR) will likely soon be in the market for additional sizable bitcoin purchases after pricing an upsized sale of its latest …