Last year was impressive for blockchain startups, as research from CB Insights found that venture capital funding reached new heights during every quarter of 2021. According to CB Insights’ “State Of Blockchain 2021” report, $25.2 billion worth of venture capital funding went to global blockchain startups last year, demonstrating a 713% increase from $3.1 billion in 2020.The … [Read more...] about Blockchain startups grow as global VC funding generated $25.2B in 2021
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Bitcoin miners believe global hash rate to grow ‘aggressively’
Bitcoin (BTC) seems to be on everyone’s mind lately as the world recently witnessed the price of BTC take a rather unexpected bearish turn this month. On January 21, 2022, Bitcoin reached six-month lows, sinking below $40,000 for the first time in months. While some panicked, other industry experts pointed out that the Bitcoin network has become verifiably stronger than ever … [Read more...] about Bitcoin miners believe global hash rate to grow ‘aggressively’
The Graph, the 'Google of Blockchains,' Raises $50M in Round Led by Tiger Global
The Graph, a startup that likens itself to Google, but for indexing information that lives on blockchains, has raised $50 million in a funding round that was led by Tiger Global Management.Blockwall Digital, Fenbushi Capital, FinTech Collective and Reciprocal Ventures also participated in the round, which was announced Thursday.A large amount of connective tissue is needed to … [Read more...] about The Graph, the 'Google of Blockchains,' Raises $50M in Round Led by Tiger Global
Why Brazil Is the Big Latin American Bet for Global Crypto Exchanges
For 2022, it plans to launch its corporate trading desk, Ripio OTC, aimed at institutional investors and high-net-worth traders, Ripio Brazil's country manager, Enrique Teixeira said. In parallel, the company is working on "various payment products" with Visa Brazil, including a crypto card and several projects with local fintech companies. Source link … [Read more...] about Why Brazil Is the Big Latin American Bet for Global Crypto Exchanges
Market Wrap: Cryptocurrencies Tumble as Global Investors Reduce Risk
The crypto market was in a sea of red on Friday as bitcoin, the world's largest cryptocurrency by market capitalization, tumbled more than 10% over the past 24 hours.It appears that global investors have entered the year with a reduced appetite for risk, and so the correlations between speculative assets such as cryptocurrencies and equities have increased, which results in … [Read more...] about Market Wrap: Cryptocurrencies Tumble as Global Investors Reduce Risk