News Luna Foundation Guard adds nearly $230M of Bitcoin to holdings Luna Foundation Guard (LFG), which is a non-profit organization created to build reserves that will support Terra's dollar-pegged stablecoin UST, came back to the crypto market and bought Bitcoin worth around $230 million on April 6. The LFG currently holds 35,768 BTC valued at more than $1.5 billion
News Binance's U.S. unit valued at $4.5B in seed funding round April 6 (Reuters) - Crypto exchange Binance's U.S. unit said on Wednesday it had raised over $200 million in a seed funding round, at a pre-money valuation of $4.5 billion. The company said RRE Ventures, Foundation Capital, Original Capital, VanEck, and Circle Ventures were among the investors in
News Near Protocol raises $350M in second nine-figure raise this year On April 6, Near Protocol said it raised $350 million in another funding round led by hedge fund Tiger Global. This raise comes less than three months after Near announced a $150 million funding round. According to Near Protocol the funds will be used to 'accelerate the decentralization of the
News Sky Mavis raises $150M led by Binance, funds to be restored on the Ronin bridge * On April 6 Axie Infinity announced a $150 million funding round led by Binance, with participation from Animoca Brands, a16z, Dialectic, and Paradigm. * The round combined with Sky Mavis balance sheet funds will be used to ensure that all users affected by the Ronin Validator Hack [https://vestorportal.com/ronin-network-suffered-one-of-the-biggest-hacks/
News Lightning Labs raises $70M to bring stablecoins to Bitcoin Bitcoin software firm Lightning Labs has secured another large funding round. The $70 million Series B funding round will enable Lightning Labs to further work on the Lightning Network in order to achieve faster, cheaper Bitcoin and stablecoin transactions. The funding round was led by Valor Equity Partners, with participation
News Treasury's Yellen to deliver first speech on Crypto in U.S. Economy U.S. Treasury Secretary Janet Yellen will share her opinion on the crypto industry in her first official speech regarding this topic. Yellen will talk about the views the Treasury Department has on cryptocurrencies, since they are an emerging part of the U.S. economy, on Thursday at the American
News Venture capital firms backed by Will Smith, Paris Hilton invest in blockchain network Boba The Boba Network is an Ethereum blockchain scaling platform and has just raised $45 million in its series A round. Investors in this series include Will Smith-led Dreamers VC, Paris Hilton and husband Carter Reum's M13 and cryptocurrency exchange Crypto.com. The funding round gives the Boba Network a valuation
News The 10 richest crypto and blockchain billionaires 2022 While in 2021 there were 'only' 12 official crypto billionaires, the 2022 list of crypto billionaires grew to 19 - 7 more. Newcomers to the Forbes' annual World's Billionaires list, published Tuesday, include the founders of Web3 infrastructure company Alchemy and the founders of OpenSea, a NFT-marketplace. The three richest
News Wild Ride for WAVES and USDN - What happened? On March 31 WAVES reached a new all-time-high of $62.36. Three days prior to reaching a new all-time-high WAVES was trading for just under $32. But within the next 24 hours the price has headed back down to around $36 again. At the same time, the Waves-based stablecoin USD
News German authorities seize Bitcoins worth more than €23 million * German authorities have shut down the 'Hydra Market'. * Bitcoins worth more than €23 million were seized * The marketplace was the biggest illegal marketplace operating within the darknet, according to German authorities. * Drugs, stolen data, or fake documents could all be bought on the 'Hydra Market'. German authorities have shut down
News Almost half of crypto owners first bought digital assets in 2021 * New survey by the cryptocurrency exchange Gemini * Survey of nearly 30,000 people across 20 countries * Brazil and Indonesia lead world in crypto adoption According to a survey conducted by U.S. cryptocurrency exchange Gemini, almost 50% of all cryptocurrency holders in the U.S., Latin America, and Asia purchased
News U.S. SEC chair previews path forward on crypto trading scrutiny, investor protection WASHINGTON, April 4 (Reuters) Gary Gensler, the head of the U.S. securities regulator, said on Monday the agency is weighing how it could extend investor protections afforded to users of exchanges and alternative trading platforms to crypto trading platforms. The expanded Securities and Exchange Commission (SEC) oversight would see
Coins Reserve Protocol - Fighting Hyperinflation When someone looks up the history of currencies they will quickly realize that whenever a major world empire gave way to the next one, the value of its currency tumbles. This concern is not buried in the past but is a rather recent topic among many when looking at the
Spotlight IAMLLUCIANA - Being the Capo of Crypto Twitter This Vestorportal.com Spotlight is the first edition featuring a public figure on 'Crypto Twitter' (CT). IAMLLUCIANA [https://twitter.com/IAMLLUCIANA?s=20&t=CiWMnJRjl-Ev9Ce_5LqSKA], best known as Capo, talks about 9 accounts to follow for technical analysis', what he likes and dislikes on Crypto Twitter, his biggest wins
News UK will regulate Stablecoin Payments London, April 4 (Reuters) * Britain's finance ministry said on Monday (4th April 2022) that it intended to regulate some stablecoins when they are used as means of payment * more regulations for a wider set of crypto-asset later that year UK wants to become Global Hub for Cryptocurrencies and Blockchain Technology
News $620M - Ronin just suffered from one of the biggest Crypto Hacks ever! Ronin Network Hacked * The Ronin bridge has been exploited for 173,600 Ethereum and 25.5M USDC. * The Ronin bridge and Katana DEX have been halted. * Ronin is working with law enforcement, forensic cryptographers, and their investors to make sure all funds are recovered or reimbursed. On the 29th March
Explained Avalanche Subnets will change the Scaling Game! Without doubt, 2021 was the year of layer 1 blockchains [https://vestorportal.com/what-is-a-layer-1-blockchain/]. Since the biggest layer 1 blockchain, Ethereum, has problems with high fees, there are some upcoming layer 1 chains that might fight Ethereum for its position as the number 1 smart contract blockchain. One of the
Spotlight Hive Investments - Saving the bees while innovating DeFi In this edition of Vestorportal.com Spotlight we once again had the chance to talk to Colin [https://twitter.com/Cnote203], CMO of Hive Investments [https://hive.investments/]. Hive Investments is a core protocol of the Union of Transparency [https://twitter.com/UoT_Foundation?s=20&t=Ha1mIV7AUg_83F1tjR8LoQ]. Colin
Coins Avalanche - Fast, Cheap & Eco-Friendly Without doubt, 2021 was the year of layer 1 blockchains [https://vestorportal.com/what-is-a-layer-1-blockchain/]. Since the biggest layer 1 blockchain, Ethereum, has problems with high fees, there are some upcoming layer 1 chains that might fight Ethereum for its position as the number 1 smart contract blockchain. One of the
Spotlight Reimagined Finance (ReFI) - Leading the FaaS sector! For this edition of Vestorportal.com Spotlight Huf [https://twitter.com/hufhaus9?s=20&t=OXiCDibLYHMyrjRphgTgTg] (lead farmer) and AJ [https://twitter.com/aj_malibu?s=20&t=OXiCDibLYHMyrjRphgTgTg] (project manager) were so kind to give us insights on what ReFi does, how the project operates and what it takes
Spotlight Thor Financial - Pioneering the DaaS and NaaS World! In this edition of Vestorportal.com Spotlight we had the pleasure to talk to Loki, the Community Manager of Thor Financial. He is also known by the name Colin [https://twitter.com/Cnote203?s=20&t=-2PL-EQegJQSXxTVuJ_93Q]. In this article he talked about the utilities of THOR, upcoming products
Coins Marshall Inu (MRI) - Fighting for Fighters In the last 2 years so-called meme coins conquered the heart of the cryptocurrency community. Coins like Dogecoin or Shiba Inu won the hearts of many cryptocurrency investors and also managed to set them up with insane profits. Especially dog-themed coins saw a significant amount of speculation within the crypto
Coins Is Trias a hidden Gem? With every bullish move upwards within the crypto space there was a certain period when projects with a small market cap listed on KuCoin managed to gain a huge hype. On of these coins was the TRIAS token by the Trias Lab Foundation. Once one TRIAS was worth more than
Spotlight Louverture Finance - Launch of LVT2.0, new concept and countless innovations! For this edition of Vestorportal.com Spotlight Omega [https://twitter.com/OMEGA_8888?s=20&t=PvYMBOiAi7mEEuuvOWcC1g], founder of Louverture Finance [https://www.louverture.finance/], talked about himself, his learnings from LVT1.0 and how he thinks LVT2.0 will change everything. ⚠️LVT has a new contract, you can find
Coins Vulcan Forged (PYR) - Gaming on the Blockchain 2021 was the year of layer 1 blockchains [https://vestorportal.com/what-is-a-layer-1-blockchain/] that might be able to compete with Ethereum. Besides that, another big narrative were metaverse projects and gaming cryptocurrencies. In this article we will tell you everything that you need to know about Vulcan Forged. > When we hit