Decentralized service protocol Automata Network has completed a $2.4 million funding round led by notable investors and angels in the cryptocurrency space. The new capital injection was led by KR1, Jump Trading and IOSG Ventures. Automata Network, which provides traceless privacy services for Dapps on Polkadot and Ethereum, plans to spend the funds expanding its […]

Decentralized service protocol Automata Network has completed a $2.4 million funding round led by notable investors and angels in the cryptocurrency space. The new capital injection was led by KR1, Jump Trading and IOSG Ventures. Automata Network, which provides traceless privacy services for Dapps on Polkadot and Ethereum, plans to spend the funds expanding its […]

The DeFi space crashed along with the rest of the market on May 19, but the liquidations mechanisms passed the biggest stress test. The savage sell-off that took place in mid-May fueled volatility in markets and triggered liquidations among numerous decentralized finance protocols. Like an earthquake, the market fall exacerbated the biggest wave of liquidations […]

Microstrategy will soon hold more than 100,000 bitcoins in its treasury. The company is raising $400 million by selling senior secured notes and will use the proceeds to acquire additional bitcoins. Microstrategy Acquiring More Bitcoin Microstrategy Inc. (Nasdaq: MSTR) announced Monday it intends to offer $400 million of “senior secured notes due 2028” in a […]

Bitcoin miners in China’s Sichuan province can continue their operations until September this year, local tech publication TechNode reported today. The move comes on the back of recent regulations involving stricter crackdown of the activity. Citing sources who attended a regulatory meeting regarding crypto mines in the region, the report said that mining operators were […]

Coinspeaker NVIDIA (NVDA) and Plug Power (PLUG) Picked by Analysts as High Risk, High Reward Stocks American technology multinational corporation NVIDIA Corporation (NASDAQ: NVDA), and Plug Power Inc (NASDAQ: PLUG), a New York-based firm engaged in the development of hydrogen fuel cell systems have been picked by two analysts as a high risk, high reward […]

Coinspeaker SEA Token Launches World’s First Environmental Kickstarter To coincide with World Ocean Day (June 8th), environmental nonprofit and cryptocurrency SEA Token have announced that they’re launching the world’s first environment-specific kickstarter platform, SEAstarter. Designed to provide a launchpad for groundbreaking new marine science and enviro-activist projects, SEAstarter aims to support 20 groundbreaking new environmental […]

Coinspeaker BOE Model Spells Effects of Digital Currency in Money Markets and General Financial Clime The Bank of England (BOE) has publicized its view on the widespread use of digital currency in the financial sector. According to the BOE, deposits received by retail banks could be populated by digital currencies if governments throw in their […]

Coinspeaker Huawei Smartphone Owners Now Have Access To Popular Blockchain App Maiar via AppGallery Maiar, the blockchain app powered by the Elrond Network, has joined the Huawei Ecosystem and now is available on AppGallery, one of the top three app marketplaces globally. With deep care for the user, elegant design, and an intuitive interface, Maiar […]

Coinspeaker Polygon Brings Parachains to Ethereum to Lower Rising Gas Costs To boost the scalability of the Ethereum blockchain, Polygon is introducing a parachain-like offering. This innovative framework will pave the path for building interconnected blockchain networks while lowering overall gas costs. Novel Sidechain Solution Aims to Address Ethereum’s Limitations Ethereum, the decentralized and open-source […]