Category: Blockchain

Australian Bitcoin miner Iris Energy applies for an initial public offering (IPO) on the Nasdaq. The stock code is “IREN”. Reportedly, $100 million has been raised. In this transaction, JPMorgan Chase, Canaccord Genuity, Citigroup, Macquarie Capital, and Cowen jointly acted as “book-runners”. It is expected that the stock will officially begin to be traded to the public

The government of El Salvador has bought 420 more Bitcoins, thus increasing the total amount purchased to date to 1,120 Bitcoins.   On Wednesday, October 27, President Nayib Bukele announced on Twitter social media platform that the Central American nation has doubled down in its splashy crypto experiment by adding amounts of its Bitcoins by

As cryptocurrencies continue gaining steam, crypto companies raised capital worth $8.2 billion in the third quarter of 2021. Mason Nystrom, a research analyst at MessariCrypto, explained: “Total Q3 crypto company fundraising surpassed over 300 funding rounds accounting for $8.2 billion dollars.” Centralized finance (CeFi), whose use cases include earning interest on savings, borrowing money,

Thailand’s biggest shopping centre developer is planning to introduce a digital currency among employees, Bloomberg reported Thursday. Currently, Central Retail Corp (CRC) distributes “C-Coin” to its 80,000 employees globally. The digital currency is based on blockchain technology and distributed on merit on top of the employees’ regular compensation.  The company says that the currency can also

The Dubai Financial Services Authority (DFSA) – a financial regulatory government agency – has approved the first Bitcoin fund, a closed-end investment vehicle based in Canada, for distribution and offering to qualified investors in the Middle East region. While the Bitcoin fund received approval from Dubai’s market regulator in June. It was listed on the

American financial services and ETF provider Direxion has filed for its Bitcoin ETF product after more than three years since it last filed one. Per the company’s filing with the US SEC, the Direxion product, dubbed Direxion Bitcoin Strategy Bear ETF, takes a bit of deviation when compared with other filings in that it will

A record-breaking rally gave traders profits as Bitcoin slid below $60,000 following the dissipation of euphoria over the first U.S. Bitcoin futures exchange-traded fund (ETF). Bitcoin, the biggest digital asset by market value, reached the lowest intraday price in almost two weeks as it sank as much as 6.4% to $58,132. However, on Oct 20, it peaked

Shiba Inu meme coin protege Floki Inu appears to be the talk of the town in London now as the token’s ads have taken over London’s Transport System. According to a Financial Times report, the meme coin’s posters can be found in buses, trains, and underground subway systems with crested messages reading, “Missed Doge? Get

Cream Finance decentralized lending platform has been hacked, with attackers stealing more than $130 million worth of funds through a large flash loan attack. PeckShield blockchain data analytic firm first identified the large flash loan transaction that the hackers used to exploit the Cream Finance platform. The affected funds were mostly Cream liquidity provider tokens

Singapore-based multinational banking giant DBS bank has joined the Hedera Governing Council, marking another major embrace of blockchain technology by a mainstream player in finance. As announced by the Hedera Protocol, DBS breaks the record for being the first and only bank in Southeast Asia to join the governing council and will help Hedera to