Mutual funds provider ProFund aims to enable crypto exposure for investors without actually buying Bitcoin. The United States-based investment management firm ProFunds announced the launch of Bitcoin Strategy ProFund (BTCFX), one of the first publicly available mutual funds or ETFs…
Autor: coinmaker
Bitcoin rewards app Lolli closes a $10M investment round
Acrew Capital, Lolli’s primary backer during the raise, said the app is well-positioned to boost Bitcoin adoption in the long run. Popular Bitcoin (BTC) rewards app Lolli has received fresh backing from venture funds and other investors as it plans…
Solana based cross-chain exchange Saber raises $7.7M to expand team and tokens
Saber has raised $7.7 million in a seeding fund round, and is rated as the second platform on Solana in terms of total locked value (TVL) with $185.77 million. Solana-based cross-chain exchange Saber raised $7.7 million in a seed funding…
Nano seeks $700K in costs from plaintiff who dropped class action with ‘absurd’ claims
The ongoing Nano saga has taken another twist with a token holder dropping his case. An ongoing lawsuit involving crypto project Nano has taken another turn this week when the developers sought a sanction after the plaintiff dropped the case.…
Senators add crypto taxes to infrastructure deal to raise $28B in extra revenue
U.S. lawmakers believe they can find $28 billion worth of infrastructure funding by expanding taxation on crypto transactions. Last-minute additions to the bipartisan infrastructure deal in the United States Senate saw lawmakers propose expanded cryptocurrency taxation to raise an additional…
Erik Voorhees lashes ‘disgusting’ behavior of Bitcoin maxis: ‘Not the community I come from’
Erik Voorhees is embarrassed by toxic Bitcoin maxis and told a podcast: “I don’t know when they got into Bitcoin, but absolutely that is not the community that I come from in Bitcoin.” Erik Voorhees, the founder and CEO of…
Price analysis 7/28: BTC, ETH, BNB, ADA, XRP, DOGE, DOT, UNI, BCH, LTC
Bitcoin’s defense of the $38,000 level and renewed interest from institutional investors could be a sign that the bull trend is resuming. Bitcoin (BTC) and most major altcoins are attempting to break above their respective overhead resistance levels, indicating the…
BlockCrushr drops lawsuit accusing ConsenSys of stealing its IP
ConsenSys described the case’s conclusion as highlighting “the value of aggressively combatting meritless claims.” Canadian blockchain startup BlockCrushr has agreed to drop an intellectual property (IP) lawsuit against early backer, Ethereum-focused software engineering firm, ConsenSys. The two firms filed a…
Unique Bitcoin-backed home loan refinancing deal in California
Glen Oaks Escrow has made its first BTC-backed refinancing of a property in San Diego. One of Southern California’s largest independent escrow companies, Glen Oaks Escrow, has announced its first property refinancing with a Bitcoin-backed loan. The company stated that…
Bears scattered as Bitcoin hit $40K, but pro traders remain cautious
Bitcoin’s rally to $40,000 alleviated some of the bearish sentiment in the market, but data shows derivatives traders still walking on eggshells. Bitcoin (BTC) traders might be feeling extra euphoric after the recent 35% rally, but data suggests bears are…