South Korea’s crypto market growth fueled by rising Premium Index: Chainalysis
The Korea Premium Index drives price surges in South Korea’s crypto market, where institutional trading plays a pivotal role.
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Blockchain unicorn ConsenSys valued at $3.2B following $200M raise
MetaMask’s monthly active users have grown 38-fold since 2020 as demand for DeFi and NFTs continues to surge. 421 Total views 18 Total shares Blockchain infrastructure provider ConsenSys has reached a lofty valuation of $3.2 billion after closing a $200 million funding round, joining over a dozen other crypto-focused companies to reach coveted unicorn status…

Circle starts pouring money into its Reserve Fund, aims to fill it in 2023
The Circle Reserve Fund is managed by BlackRock under the custody of Bank of New York Mellon. 96 Total views 1 Total shares Circle, the issuer behind USD Coin (UDSC), announced that it has now begun to invest part of its funds in Circle Reserve Fund, created earlier in a partnership with the world’s largest asset…

Australia’s Biggest Bank Trials Blockchain-Based ‘Smart Money’ for Disability Insurance
The Commonwealth Bank of Australia (CBA) and government-run digital innovation center Data61 have released the results of their trial for a blockchain-powered “smart money” system for Australia’s National Disability Insurance Scheme (NDIS). The development was reported by local financial and business news platform Business Insider Australia today, Nov. 13.Data61 is a digital innovation hub that…

India to use Ethereum blockchain to verify diploma certificates
A new partnership with LegitDoc places India among early adopters to implement an e-governance system for higher education. 3040 Total views 38 Total shares The Government of Maharashtra recently announced a partnership with Indian blockchain startup LegitDoc to implement a credentialing system powered by Ethereum (ETH) for providing tamper-proof diploma certificates. To counter the rise in…

‘Bitcoin Standard’ author to develop Austrian economics curriculum for UK school
Lomond School, a private institution in Scotland, will begin accepting Bitcoin for tuition payments and is collaborating with Bitcoin author Saifedean Ammous to introduce a new curriculum focused on Bitcoin and Austrian economics. Ammous, author of The Bitcoin Standard, is developing an educational curriculum combining the principles of Bitcoin (BTC) and Austrian economics. “I'm going

Polkadot (DOT) and Kusama (KSM) skyrocket in price after attracting $30M in funding
Polkadot (DOT) and Kusama (KSM) rose in tandem on June 3 as traders assessed a venture capital firm's major investment into their blockchain ecosystems.Dubbed as Master Ventures, an Asian blockchain incubator and venture capitalist announced that it had launched a $30 million venture capital fund called Master Ventures Polkadot VC Fund. In a press release published…

Blue-chip collaterals help stabilize NFT lending: Paraspace
"We only support blue chip NFT to reduce the risks," said Paraspace developers. According to a recent report published by nonfungible token money market protocol Paraspace and multichain wallet BitKeep, the current amount of NFT borrowing and lending, or NFTFi loans, has surpassed $430 million across 43,521 borrowers. The highest proportion of collaterals comprised the…

‘There’s a lot less land to go around’ — why White Rock established off-the-grid mining in Texas
“The U.S. is where the action is in terms of markets, so we plan to be in at least another couple of states as well as Texas with some diversified offering," said CEO Andy Long. 64 Total views 3 Total shares Amid many cryptocurrency mining firms in Texas scaling down operations to reduce the load…