Blockchain data provider Allium Labs has raised $16.5 million in a Series A round led by Theory Ventures. Allium Labs along with Visa also released its latest findings on stablecoin activity showing that demand for stablecoins has picked back up in 2024. Data platform Allium Labs, which provides enterprise-grade blockchain data to companies like Visa
Bitcoin miner Crusoe Energy announced a new multibillion-dollar deal with energy tech company Lancium to build a data center for artificial intelligence in Texas. Crusoe Energy, one of the first Bitcoin (BTC) mining companies in the U.S. to use wasted natural gas to power its operations, announced on Thursday morning a “multibillion-dollar” deal with Lancium
Zivoe, a real-world asset (RWA) credit protocol, will launch its mainnet on July 31 as the protocol aims to democratize access to credit. The announcement comes alongside Zivoe’s successful raise of $8.35 million from investors and coincides with the platform’s Initial Tranche Offering (ITO), a liquidity bootstrapping mechanism aimed at attracting initial Total Value Locked
Blockchain data provider Allium has secured $16.5 million in a Series A funding round led by Theory Ventures. Allium, a database startup enabling enterprises to query blockchain data, has raised $16.5 million in its Series A funding round to enhance its infrastructure. In a Thursday press release, the New York-headquartered firm announced that this funding
Chinese technology behemoth Tencent has completed a $15 million Series A funding round for Chainbase, an omnichain data network for web3. According to a press release shared with crypto.news, the funding round saw participation from notable investment entities, including Tencent Investment Group, Matrix Partners, and Hash Global. Chainbase is the world’s largest omnichain data network.
Hong Kong’s financial regulator has unveiled a list of its stablecoin issuer sandbox participants, including Standard Chartered and Animoca Brands. The Hong Kong Monetary Authority (HKMA) has announced the list of participants of the stablecoin sandbox, who can already start their experiments with issuing digital currencies backed by fiat currencies. In an announcement on Thursday
A CoinLedger report examined the top five most-bought small/mid-cap cryptocurrencies and the most sold digital assets this year. 2024 has ushered hundreds of billions of dollars into the cryptocurrency markets. Data shows that the digital asset industry has grown over 44% year-to-date (YTD) and has the potential to surpass the $3 trillion peak set in
Microstrategy, the world’s largest corporate holder of Bitcoins, witnessed its MSTR share price surging by 15% on Monday’s trading session and giving a close at $1,611. This rally follows the Bitcoin price pump to $65,000 as BTC registers double-digital gains just over the last three trading sessions.
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ETH exchange traded-funds issuers were told by the SEC that funds can start trading July 23, according to sources. The SEC had no further comments on the recently submitted S-1s and the final versions needs to be submitted by Wednesday. ETH outperformed BTC on Monday, on the news of potential ETF trading approval. Prospective issuers