Tag: Technology

UK crypto firm Copper set to raise up to $500 million

UK crypto firm Copper set to raise up to $500 million

British crypto startup Copper is working on a fundraise of up to $500 million, according to three people familiar with the matter. The investment will value Copper at more than $1 billion, vaulting it to unicorn status — a term reserved for privately-held tech startups with valuations upwards of a billion dollars. It is not […]

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Cosmos is building a new blockchain called Sagan for experimentation

Cosmos is building a new blockchain called Sagan for experimentation

Blockchain platform Cosmos is launching a new blockchain, called Sagan, for testing and experimentation. At the end of its first keynote presentation — which will now become a quarterly event — Cosmos teased the launch of Sagan with a 30-second clip that included a quote by Carl Sagan, a famous American cosmologist, the name of the […]

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China’s escalated crypto mining crackdown sparks a new round of cat and mouse play

China’s escalated crypto mining crackdown sparks a new round of cat and mouse play

Quick Take Chinese authorities have developed sophisticated methods of cracking down on smaller, more discreet mining operations.  These smaller scale miners still have ways of evading detection, including striking deals with existing industrial factories, but the net is closing in.  This feature story is available to subscribers of The Block Daily. You can continue reading […]

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Makor Group raises funds at $200 million valuation to expand crypto brokerage

Makor Group raises funds at $200 million valuation to expand crypto brokerage

Makor Group, a brokerage and investment banking firm with a growing crypto business, has closed a Series A fundraise. The round values Makor at $200 million, according to a press release. The press release did not specify how much money had been raised, but a person close to the firm said it had secured $17 […]

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Wormhole Adds Binance Smart Chain Support to Network Bridge

Wormhole Adds Binance Smart Chain Support to Network Bridge

During the first week of September, the Wormhole Network’s ethereum ↔ solana bridge was introduced to the Solana community and the following week, developers released a bi-directional connection for blockchain non-fungible token (NFT) collectibles. On Monday, the Wormhole dev team revealed it has added Binance Smart Chain support to the token and NFT bridge platform. […]

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OpenSea delists DAO Turtles project citing financialization concerns

OpenSea delists DAO Turtles project citing financialization concerns

OpenSea, the online marketplace for NFT trading, has suspended trading in a pixelated turtle project claiming it broke rules related to carrying out financial activities. The collection of 10,000 DAO Turtles dropped on October 4 and has since recorded trading volume on OpenSea of more than 570 ether (roughly $2 million). When sales of the […]

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Blockchain.com CEO: London’s reign as fintech capital is ‘definitely over’

Blockchain.com CEO: London’s reign as fintech capital is ‘definitely over’

Peter Smith, co-founder and CEO of crypto wallet firm Blockchain.com, claimed yesterday that London’s reign as the world’s fintech capital is over thanks to the impact of Brexit. Speaking at the Token2049 conference in London, Smith said that from Blockchain.com’s vantage as a venture capital investor — through its subsidiary Blockchain Ventures — more crypto […]

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