Search Results for: DOW

Do Kwon Accused of Cashing out $2.7B Before UST Collapse, Terra Founder Says Allegations Are False

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Terra’s new LUNA 2.0 token has lost 54% in value in the last two weeks, after reaching $11.33 per unit on May 30. Meanwhile, the whistleblower Fatman has accused Terra’s co-founder Do Kwon of cashing out $2.7 billion a few months…

Devere Group Predicts a Bull Run and ‘Significant Bounce’ for Bitcoin in Q4

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The CEO of Devere Group, a financial advisory and asset management firm, has predicted a bull run and a significant bounce in the price of bitcoin during the fourth quarter of this year. Devere’s CEO Predicts a Bull Run in Q4…

Felix Capital Raises $600 Million to Grow Web3 Exposure

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Felix Capital, a London-based VC company, has raised $600 million in its fourth fundraising round, this being its biggest yet. The company, which has been investing in commerce and money-tooling startups, is planning to use part of the funds raised to…

Solana Ventures Launches $100 Million Fund Focused on Web3 Projects in South Korea

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Solana Ventures has revealed the launch of a $100 million fund dedicated to Web3 startups in South Korea. According to Solana Labs’ general manager Johnny Lee, the capital will be dedicated to non-fungible tokens (NFTs), decentralized finance (defi), and game finance…

Bitcoin Miners May Get Another Break This Week as Network’s Mining Difficulty Is Expected to Drop

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Bitcoin miners may catch another break this week as the network’s mining difficulty is estimated to see a reduction tomorrow. Every two weeks Bitcoin’s difficulty adjustment algorithm (DAA) changes, and during the last DAA change, the difficulty dipped by 4.33%. Currently,…

Bitso Partners With Addem Capital to Provide Cryptocurrency Investment Instruments in Latam

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Bitso, the Mexico-based cryptocurrency exchange, has announced a new partnership with Addem Capital, a debt fund that provides startups and other companies with financing options. The cryptocurrency exchange will process payments for the fund and provide conversion functions, allowing it to…

Wild West-Based Battle Royale Blockchain Game Grit Gets Listed on the Epic Games Store

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On June 6, the Web3 entertainment company Gala Games announced that the Wild West-focused battle royale blockchain game Grit will soon be available via the Epic Games Store and accessible to 194 million users. The well known company Epic Games is…

Biggest Movers: ADA up 13% on Monday, THETA Moving Towards Multi-Week High

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Crypto markets were mainly in the green to start the week, with several assets climbing by double digits on Monday. One of these was ADA, which rose by as much as 13% today. THETA also climbed higher, gaining nearly 15%. Cardano…

Bitfarms Worried About The Fall In Bitcoin Prices Amidst Its Investment Plan in Latam

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Bitfarms, a global bitcoin mining company, has told that the price of bitcoin, above all other elements, is one of the most important factors for the future of the industry. Damián Polla, Bitfarm’s Latam General Manager, stated that countries like Argentina,…