Ethereum layer-2 scaling solution Polygon has raised $450 million (roughly Rs. 3,364 crore) from several big-name investors including Sequoia Capital India, SoftBank, Galaxy Digital, and Tiger Global, boosting its war chest as demand for its services grows with the adoption of Web3.
India-Based Polygon Raises $450 Million From Sequoia India, Tiger Global, Softbank, Other Prominent VC Firms
Elon Musk’s Tesla Held Nearly $2 Billion in Bitcoins by 2021-End, US SEC Filing Shows
Tesla has revealed that it held $1.5 billion (roughly Rs. 11,200 crore) in Bitcoins by the end of 2021. The company had incurred losses worth $101 million (roughly Rs. 755 crore) on its Bitcoin holdings due to the volatility-induced price cuts that the crypto asset suffered. Regardless, Tesla plans on keeping options around enabling crypto payments open for the future…
Cryptoverse: After Bitcoin ‘Winter’, Investors Hunt Risk in Virtual Worlds
As Bitcoin drifts towards mainstream maturity in 2022, daring crypto investors are eyeing up new sources of explosive action: “altcoins” that power online games and worlds.
Big Four Auditor KPMG Canada Adds Bitcoin, Ether to Its Corporate Treasury
KPMG’s Canadian operation has officially added Bitcoin and Ether to its corporate treasury, joining other major companies in converting a portion of its fiat holdings into digital assets.
Bitcoin, Dogecoin, Shiba Inu, Other Major Cryptocurrencies Open With Gains as Green Takes Over Price Charts
Along with Bitcoin and Ether other cryptocurrencies like Tether, Binance, and Ripple also scored gains. Only a few altcoins like Solana and Binance USD brought reds to the crypto price charts on Tuesday, February 8.
North Korea Stole Funds Through Cyberattacks on Crypto Exchanges to Fund Weapons Programme: UN Report
North Korea has been funding its nuclear and ballistic missile programmes with profits from cyberattacks on crypto exchange claims a media report citing a confidential document sent to the UN Security Council North Korea sanctions committee by independent sanctions monitors.
Viacom 18 Ropes in GuardianLink to Launch ‘Fully Faltoo’ NFT Marketplace on February 14
Viacom 18 has announced the launch of an NFT marketplace named Fully Faltoo, set up by GuardianLink, which is set to go live on February 14.
CoinSwitch Adds ‘Recurring Buy Plan’ for Crypto Assets: All You Need to Know
CoinSwitch Kuber has added a rolled out a feature to enable users extract bigger profits from a systematic crypto investment programme. The feature is called the Recurring Buy Plan.
Pro-Crypto US Senator Ted Cruz Bought Bitcoin Dip in January, Filing Shows
Ted Cruz, the 51-year-old Republican Senator of Texas grabbed the opportunity to purchase a Bitcoin load last month in the US. At the time, Bitcoin prices were laying low due to market fluctuations. He revealed details about his purchase in an official financial filing.
Justin Bieber Expands NFT Collection, Buys Second Bored Ape in Two Weeks for $470,000: Report
Justin Bieber has reportedly purchased a new Bored Ape NFT for $470,000 (roughly Rs. 3.5 crore). This piece depicts an ape donning a blue bandana, a bluish chequered shirt, and a green puffed jacket. Several celebrities such as Paris Hilton, Jimmy Fallon, and Gwyneth Paltrow also hold BAYC NFTs.