Author: admin

The urban mine is a Powerful crypto news, earning, learning, and investing platform

Investing Corporate Cash to Cryptocurrency “Doesn’t Make Sense”: Twitter CFO

  • By - admin
  • Posted on
While corporations are beginning to contemplate purchasing digital assets like Bitcoin to bolster their treasuries, Twitter’s Chief financial officer Ned Segal thinks otherwise.   Speaking at an interview on Monday, November 15, Segal disclosed that investing some of Twitter Inc’s corporate cash in cryptocurrencies does not make sense right now because of the extreme volatility
Continue Reading

Paradigm One Bags Record-breaking $2.5b for Largest Crypto Venture Fund

  • By - admin
  • Posted on
Crypto investment firm Paradigm One smashed a previous record of $2.2 billion with $2.5 billion for the largest cryptocurrency venture fund ever, aimed at the “next generation of crypto companies and protocols.” Coinbase co-founder Fred Ehrsam and former Sequoia Capital partner Matt Huang’s largest new venture-capital fund will invest alongside Paradigm’s flagship fund in big
Continue Reading

Israel Proposes New AML Rules for Crypto Service Providers

  • By - admin
  • Posted on
Digital currency service providers in Israel are now expected to adhere to the provisions of new Anti-Money Laundering (AML) rules enacted by the Israeli Money Laundering and Terror Financing Prohibition Authority (IMPA). Under the new provision, crypto-asset service providers and Fintech will be subjected to standardized reporting rules, which are in line with the earlier
Continue Reading

Coinbase CFO Says Crypto Exchange Has Invested Over $180,000,000 in Digital Assets Including Bitcoin and Ethereum

  • By - admin
  • Posted on
Coinbase’s chief financial officer says that the cryptocurrency exchange is pushing ahead with its plans to invest heavily in digital assets. In a recent conference call discussing third-quarter earnings, CFO Alesia Haas says Coinbase has invested over $180 million into crypto this year as part of a profit-reinvestment strategy. “In the big picture, our goal
Continue Reading

IoTeX ‘MachineFi’ rebrand backs 200%+ rally to a new all-time high

  • By - admin
  • Posted on
In the past 30 years, the growth of the internet and digital technology has transformed the way the world operates and now artificial intelligence and machine learning continue to shift the balance of power away from physical labor and more toward a future filled with automation and smart technology.  IoTeX (IOTX), a blockchain-based project focused
Continue Reading

Traders watch for a trend reversal after Ethereum price drops to $4,100

  • By - admin
  • Posted on
Ether (ETH) traders might have a few reasons to panic after today’s 13% drop down to $4,100. The swift pullback appears to have broken a 55-day ascending channel that had a target at $5,500. Ether/USD price at FTX. Source: TradingView Those not worried about technical analysis will understand that the cryptocurrency’s 3.4% daily volatility justifies
Continue Reading

Polygon launches a zk-STARK scaling solution for DApp deployment

  • By - admin
  • Posted on
Polygon, a layer two scaling solution for Ethereum compatible blockchains, stated in a press release provided to Cointelegraph that it has launched its zk-STARK powered Miden Virtual Machine for the development of decentralized applications, also known as DApps. 1/7 We are proud to reveal the newest member of the Polygon family – Polygon Miden, an
Continue Reading

Ethereum Closed in Green for 7 Weeks amid Burnt Ether Topping $4b

  • By - admin
  • Posted on
Even though Ethereum (ETH) had retraced to the $4,313 level during intraday trading, the second-largest cryptocurrency continues to make headlines based on notable achievements. Ethereum has made seven positive weekly closes, given that it has enjoyed a significant upward momentum this quarter. For instance, ETH recently reached a record high of $4,860, a scenario not
Continue Reading

Liquid staking protocol pSTAKE raises $10M from notable cryptocurrency venture capital firms and angel investors

  • By - admin
  • Posted on
On Tuesday, pSTAKE, a liquid staking protocol from decentralized finance (DeFi) platform Persistence, announced in a statement provided to Cointelegraph that it had closed a $10 million strategic funding round from venture capital firms. Tendermint, the core developer behind the Cosmos network, powers Persistence blockchain with its consensus engine. Liquid staking is the practice of
Continue Reading