Tag: finance and funding

Apr 09 2021

Coinbase: A Story of Massive Growth Leading Up to the IPO

Apr 09 2021 Published at Altcoin Buzz under tags  coinbase earnings finance and funding ipo

Coinbase, one of the most trusted cryptocurrency exchanges in the world, experienced tremendous growth in Q1 of 2021 as the exchange is set for its IPO next week. Coinbase released their Q1 earnings this week, which gained some notice. People went absolutely ballistic on the exchange's astounding growth in comparison to last year. Let’s see how Coinbase performed in Q1 as it heads...

Apr 05 2021

Trodl Taps ZeeDO Over Token ($TRO) Sale

Apr 05 2021 Published at Altcoin Buzz under tags  finance and funding tro trodl zeedo zeroswap

Trodl has tapped ZeeDO, a multichain Initial DEX Offering (IDO) platform, over the sale of its native token (TRO) slated to take place between 4th and 6th April 2021. $TRO ( @trodlcom ) Initial...

Mar 27 2021

PancakeSwap DEX Closes on Uniswap for Daily Volumes

The Binance Smart Chain-based PancakeSwap decentralized exchange has grown so fast that it is closing in on industry leader Uniswap for daily volume. In a March 25 tweet, PancakeSwap proudly announced that it has been added to Debank’s DeFi listings and actually surpassed Uniswap to rank at the top. By the following day, Uniswap had regained its crown, but the two DEXes were...

Mar 26 2021

Splyt Core Funding Oversubscribed By $350M, Raises $2.2M

Mar 26 2021 Published at Altcoin Buzz under tags  enft finance and funding nft splyt core tcp

Splyt Core announced that it has completed a funding round which “oversubscribed by $350M, raising a total of $2.2M.” Built around the eNFT, Splyt Core open-source protocol gathered notable participants in its just- concluded funding round. Participants in the fundraiser also include Bigcoin Capital, Master Ventures, and Kyros Ventures. The Intrusion of Splyt Core into the e-commerce space Splyt Core is...

Mar 23 2021

Binance Details DeFi Scams in Latest Academy Report

Mar 23 2021 Published at Altcoin Buzz under tags  binance defi finance and funding scams

In the latest article as part of its academy section, centralized exchange Binance has detailed the most common scams and dangers when dealing with decentralized finance. The DeFi scene is evolving at such a pace that not a day goes by without some new innovative way to invest emerging. Due to the largely experimental nature of many of these protocols and mechanisms, they...

Mar 21 2021

PAID Network Rewards Users in Upcoming IDO

PAID Network recently announced the PAID V2 strong-hands bonus. The bonus system from PAID Network is aimed at rewarding users in an upcoming Initial DEX Offering (IDO) that will take place on Ignition. a few days after making the initial announcement concerning the bonus, the platform revealed that the IDO impacted by the bonus is Deeper Network. Rewarding Loyal Community Members PAID Network...

Mar 20 2021

Unmarshal Raises $2.6M to Build Multi-Chain Data Indexing Protocol

DeFi data network Unmarshal recently raised $2.6 million in a funding round in order to build a multi-chain data indexing protocol. According to Unmarshal the fundraising event was largely successful due to the immense support it received from the top industry players. It will channel the funds to create a data indexing protocol that will be able to adequately meet the needs of...

Mar 17 2021

Deeper Network Raises $1M in Fundraising Campaign

Deeper Network has completed a record-breaking fundraising campaign on Indiegogo. The Web 3.0 infrastructure platform has raised $1 million to become the highest funded platform on Indiegogo. This is definitely welcome news to the entire Deeper Network ecosystem. Alongside the record-breaking fundraising event, Deeper Network has also disclosed plans to launch its public IDO. Deeper Network and Privacy The...

Mar 15 2021

PancakeSwap and CREAM Finance Suffer DNS Attack

The cryptocurrency space, since its inception, has suffered at the hands of nefarious individuals looking to rob unsuspecting people of their funds. Many crypto platforms and projects have had to close shop or file for bankruptcy following an unprecedented hack. PancakeSwap, the popular DEX platform built on the recently launched Binance Smart Chain (BSC), and CREAM finance are at the receiving end of...

Mar 12 2021

Dallas Mavericks Accepts Dogecoin, Mark Cuban Supports

In an unexpected move, Mark Cuban’s NBA team, the Dallas Mavericks, have announced its decision to start accepting Dogecoin as a means of payment for tickets and other club merchandise. In addition, Mark Cuban spoke of how he's having fun with Dogecoin during a recent interview. The Dallas Mavericks, via its official Twitter account,...

Mar 09 2021

PayPal To Acquire Crypto Custody Platform Curv

Mar 09 2021 Published at Altcoin Buzz under tags  curv finance and funding paypal

In a bid to increase its role in the digital assets space, payment behemoth PayPal has announced its intention to acquire Israeli-based digital asset security and custody platform Curv. Announcing the future acquisition via an official press release, PayPal noted that the purchase of Curv is mainly to help in the company's...

Mar 07 2021

Real Exploit or Rug Pull – PAID Network Attack

Entire crypto Twitter was stunned on 5 March 2021 when PAID Network, the very popular dApp ecosystem acknowledged that its token smart contract suffered an attack. According to the official tweet, close to 60 million PAID tokens worth $37 million (at that time) were wrongly minted and some of which were then sold on Uniswap. The PAID Network Attack Postmortem report released today...

Mar 04 2021

Curve DAO Token Cranks 40% Over Mistaken News

Speculators have been buying the wrong news, sending DeFi protocol Curve Finance’s token on a wild ride as PayPal planned to acquire an unrelated company. According to reports on March 2, PayPal is buying crypto custody technology provider Curv, taking a deeper dive into the world of digital assets. The move was widely reported by major outlets, such as...

Feb 27 2021

MicroStrategy Increases Its Bitcoin Holdings

The entire cryptocurrency space has been bearish since Monday, and Bitcoin hasn’t been left out of this trend. The "King Crypto" recorded its highest single-drop since its inception back on Monday. While this may sound like ominous news, many institutional-grade Bitcoin investors are using this as an opportunity to increase their BTC position. Not to be left out, Nasdaq-listed business intelligence company MicroStrategy...

Feb 26 2021

KuCoin Token (KCS) Fiery Super Week is Live!

Feb 26 2021 Published at Altcoin Buzz under tags  finance and funding kcs kucoin rewards

Over the last 30 days, KuCoin Token (KCS) has pumped over 300%. To thank its growing community, KCS in cooperation with KuCoin has launched a fiery event called “KCS Super week .” Between 25 February to 5 March 2021, KuCoin will conduct 4 campaigns that give participants an opportunity to win KCS Rewards and Lucky Draws worth thousands of dollars. Interestingly, the carnival...

Terra Virtua (TVK) Coming to Binance Innovation Zone

Terra Virtua, the official NFT partner of Legendary Entertainment will list in Binance Innovation Zone in a couple of hours. According to the official announcement, the Innovation Zone will start to support TVK/BTC and TVK/BUSD trading pairs. Interestingly, in the last 24 hours, TVK, the native Terra Virtua token has pumped over 42% and touched a new all-time high of $0.928936. Because of...

Binance Temporarily Suspends ETH and ERC-20 Token Withdrawals

Popular cryptocurrency exchange Binance on Monday briefly suspended ETH and ERC-20 token withdrawals on its platform. This decision by the exchange was fueled by the unprecedented price fluctuation recorded in the entire cryptocurrency space, which subsequently led to a spike in Ethereum gas prices. In response to this turn of events, Binance announced the suspension of withdrawals of ETH and ERC-20 tokens. The...

Feb 24 2021

Jack Dorsey’s Square Buys $170 Million More Bitcoin

Feb 24 2021 Published at Altcoin Buzz under tags  bitcoin finance and funding jack dorsey

The entire crypto space has largely been in the red zone for the past couple of days. With Bitcoin recording a whooping $10,000 drop in a day. Despite the current crypto bloodbath, Square has purchased an additional $170 million worth of bitcoin to its BTC portfolio. Amounting to 3,318 bitcoins, each BTC was purchased at $51,235. The payment platform made this announcement on...

Feb 20 2021

Daily DeFi Borrowing Volume Tops $7.5 Billion

Feb 20 2021 Published at Altcoin Buzz under tags  aave compound defi dodo finance and funding

The decentralized finance lending and borrowing ecosystem continues to expand with new milestones being made in terms of collateral volumes. Industry analytics provider Messari has been delving into the top DeFi protocols, revealing that the cumulative daily borrowing volume is currently $7.6 billion. This is all of the previous volumes together, not the amount of crypto collateral borrowed every day....

Feb 19 2021

Grammy Award Nominee Grabs Cardano (ADA) Worth $300K

Gene Simmons, the self-proclaimed God of Dogecoin is now invested in Cardano (ADA). On 19 February, Simmons tweeted that he has acquired ADA worth $300,000. Simmons is no financial advisor and he did emphasize that in his tweet. In another tweet addressing his 936k Twitter followers, Simmons shared that he invested in ADA because he believes in the potential of the project. According...

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