Regarding bitcoin, JPMorgan says it’s “particularly well-designed as a modern store of value, and the strong design has contributed to the increased confidence in and value of Bitcoin.” However, bitcoin still comes up short against other stores of value, including gold, given its limited history, according to Worthington. Source link … [Read more...] about JPMorgan Sees More Crypto Adoption in 2022, Debates Bitcoin’s Status as Store of Value
Status
Figment Reaches Unicorn Status With $110M Series C
Blockchain infrastructure provider Figment raised $110 million in a Series C round led by software investment firm Thoma Bravo. The latest funding takes the firm’s valuation to $1.4 billion, Figment said in a press release on Monday.Other participants in the round were Morgan Stanley’s Counterpoint Global, Binance Labs, Mirae Asset, ParaFi Capital, Avon Ventures, Bitstamp and … [Read more...] about Figment Reaches Unicorn Status With $110M Series C
French Fintech Lydia Attains Unicorn Status With $100M Series C Funding: Report
French fintech Lydia has raised $100 million in Series C funding, attaining unicorn status with a valuation of over $1 billion.The funding round includes new investors Dragoneers and Echo Street along with existing backers Tencent, Accel and Founders Future, TechCrunch reported Wednesday.Lydia recently allowed its 5.5 million users to invest in digital assets including crypto … [Read more...] about French Fintech Lydia Attains Unicorn Status With $100M Series C Funding: Report
Crypto Could Destabilize Nations, Undermine Dollar’s Reserve Currency Status, Hillary Clinton Says
Clinton’s comments come in the wake of controversial crypto tax reporting requirement that was part of the $1 trillion bipartisan infrastructure bill signed into law by U.S. President Joe Biden on Monday. Per the bill, from 2023, brokers will need to disclose customers’ names, addresses, phone numbers, capital gains, and losses to the Internal Revenue Service. Entities … [Read more...] about Crypto Could Destabilize Nations, Undermine Dollar’s Reserve Currency Status, Hillary Clinton Says
Polygon leads NFT gaming growth while Axie Infinity, Decentraland retain “powerhouse” status
Over half of the blockchain industry’s overall activity in October came from game dApps. This is the conclusion made in DappRadar’s State of the Blockchain Game Sector October 2021 report, which analyzed activity and the number of users blockchain-based games saw last month.According to the report, rising cryptocurrency prices and booming interest in the metaverse were … [Read more...] about Polygon leads NFT gaming growth while Axie Infinity, Decentraland retain “powerhouse” status