A new blockchain project called Big Data Protocol launched one week ago. As I write this, the project is currently worth $100 million. Let me repeat: $100 million in one week. Today I’ll explain how they did it.
New York Digital Investment Group (NYDIG), a Bitcoin technology, and investment solution provider have raised $200 million from key strategic partners that involved its parent company StoneRidge Capitals, Morgan Stanley, New York Life, MassMutual, and a few others. .@NYDIG_BTC raises a round of $200m from Morgan Stanley, New York Life, MassMutual, Soros Fund Management, FS
Kenya, through its central bank, has lately announced a controversial move to employ bitcoin as a reserve currency in a bid to improve the country’s economic performance. However, whether or not this shift will serve the intended purpose remains a matter of debate.
Offline mapping app Maps.me has raised $50 million in a funding round led by quantitative trading firm Alameda Research. The funding was launched with the goal of creating a DeFi ecosystem within the map app. Maps.me had also corrected previous reports that stated this was a seed round, when in fact, it is “an investmentRead More
So, what is cryptocurrency?
It’s an internet medium to exchange funds between individuals or corporations to conduct financial transactions. An individual becomes a bank...