Bitcoin-related products took the lion’s share of the outflows with $131.8 million of redemptions. Short bitcoin investment products, which bet on making profits when bitcoin’s price declines, saw inflows totaling $2 million, their largest inflow on record. Team Valhalla
UK-based Fabric Ventures supports both early-stage and later-stage projects, with Polkadot, Decentraland and Bitstamp among earlier beneficiaries. Fabric Ventures, a London-based capital venture investment firm, is on the verge of closing to Web3 funds as it looks to bolster its wallet ahead of several investments. Per a report in The...
2021 was seen as one of the best years for crypto assets. Many coins made it big last year, and there was hope that this trend would carry on even in 2022. But the market has stagnated a bit and lost some of the momenta we saw...
“You pick an NFT from your inventory and you input the parameters you’re looking for. You might say, I have an NFT. I think it’s worth $5,000. I want to borrow $2,000 against it, and I’m willing to pay 3% over a 30 day period. And if...
Toncoin Fund seeks to bring DeFi, NFTs and Metaverse projects onto the TON blockchain. Telegram abandoned TON (The Open Network) blockchain project in 2020 after the SEC sued it over the $1.7 billion ICO Kucoin Ventures and Huobi Incubator have joined other top crypto-focused investments in backing a $250...
The venture capital firm will deploy as much as $7 million in token and equity investments into between 20 and 25 companies. Team Valhalla
The shadow fork will share some of the data with the main Ethereum network, so some transactions could appear on both chains, Jayanthi cautioned. The shadow fork has already processed 1,166,016 transactions with an average block time of 14.8 seconds as of the time of writing, according to...
Fabric Ventures is close to completing two Web 3-focused funds worth more than $245 million in total, according to a report by The Block. Team Valhalla
There are many different ways to earn crypto, including mining, airdrops, staking your coins or through earning interest. When you earn crypto in this way, you have ordinary income to report. The amount you report is the fair market value of the crypto you earned when you received...
Tesla, Blockstream, and Jack Dorsey’s Block have partnered to build a solar-powered Bitcoin mining facility in West Texas. The facility will be powered by a 12 megawatt-hour Megapack and Tesla’s 3.8 megawatts solar PV array. On the sidelines of the Bitcoin 2022 conference in Miami, Blockstream co-founder and...