Category: Blockchain

On Thursday, the decentralised autonomous organisation ConstitutionDAO lost ownership by failing to win the bid for the printed copy of the U.S. Constitution at a Sotheby’s public auction. The Lot finally sold for $43.2 million by an autonomous bidder. The unique U.S. Constitution at this auction is the first edition printed copy of one of the

The Argentinian government has had a change of mind for making the country a tax haven for digital currencies as all individual transactions involving the nascent asset class will now be subjected to taxation. The new policy was reportedly formulated to redefine the leverage given to third-party payment service providers operating in the country.  As

American cryptocurrency exchange Gemini raises $400 million through growth equity financing, led by Morgan Creek Digital. Other investors include private equity firm 10T, ParaFi, family office consultant Newflow Partners, Marcy Venture Partners and Commonwealth Bank of Australia. For Gemini, this is the first time Gemini has received external financing. After completing this financing, the Gemini

Time Magazine will hold Ether (ETH) on its balance sheet for the first time as part of a deal with crypto investment firm Galaxy Digital to educate its readers about the metaverse. The 98-year old publication announced on Thursday, November 18, that it has partnered with the crypto company as part of efforts to explore

Riding on the strength of over 81,000 community members, Acala Network, an Ethereum-compatible smart contract platform optimized for Decentralized Finance (DeFi) won the first parachain auction on the Polkadot network. The historic milestone comes after investors committed more than 32 million DOT tokens worth more than $1.28 billion. The DOT was donated as loans to the

Prime Blockchain Inc, a Bitcoin mining and infrastructure company, is preparing to go public in the U.S. through a special purpose acquisition company (SPAC). The moves underscore the increasing interest in the Bitcoin space.   Prime Blockchain, also popularly known as PrimeBlock Bitcoin mining company, is currently in talks to go public in the U.S.

Grayscale Investments’ parent company Digital Currency Group (DCG) said it has secured a $600 million credit funding, billed to power its many diverse operations.  As announced by the company, Eldridge led and served as the administrative agent of the credit facility, and amongst the lenders and funds which bankrolled the facility includes Capital Group, Davidson

The decentralised finance (DeFi) sector continues to take the world by storm, having scaled the heights to become a billion-dollar industry worth $86 billion, according to market insight provider DeFi Pulse.  Nevertheless, blockchain analytic firm Elliptic noted that crime has grown at an alarming rate in this industry by hitting $10.5 billion so far this

The digital currency ecosystem is fast-growing, and various innovations and trends are emerging daily. One of these is Memecoins, a category of tokens that are built as a joke and centred around a comical object like a dog breed as in the case of Dogecoin (DOGE) and Shiba Inu (SHIB). A defining feature of these