In a recent announcement on July 9th, 2024, ChainwireDora unveiled the completion of a highly successful early stage funding round amounting to $5.5 million. This funding round was co-led by two prominent venture capital firms, Dragonfly Capital and Lemniscap, with participation from Robot Ventures, Ethereal Ventures, Maven11, and Arche Capital. Additionally, notable angel investors such
Crypto
In recent days, Bitcoin has experienced a slight rise in price after facing significant losses. The world’s largest cryptocurrency saw a 0.4% increase in the past 24 hours, reaching $57,386.4. On the other hand, Ether, the second-largest token, rose sharply by 0.7% to $3,074.46. These price movements come after concerns over token distributions by the
Bybit, the world’s second-largest web3 platform by trading volume, has recently announced a partnership with Beach, Please! – Romania’s biggest hip-hop festival. This collaboration aims to offer a range of exclusive perks for festival-goers, creating a unique connection between music fans and the world of cryptocurrency. In addition to the previously announced “Spin and Win”
Bitcoin price took a hit on Monday as concerns over distributions by the now defunct crypto exchange Mt Gox weighed heavily on market sentiment. Despite finding some support around the $57,000 level after hitting four-month lows, Bitcoin fell 0.8% to $57,072.0 in the past 24 hours. The major cryptocurrency market has been rattled by reports
A Bitcoin address known as “1BLoHu” has come back to life after a decade of dormancy, holding 140 BTC valued at over $8 million in today’s market. The address first received the sum back in 2013, when it amounted to approximately $107,000. Interestingly, the initial transaction originating from another address, “1aWmn,” also had a remaining
Bitcoin historian Pete Rizzo has recently shed light on a statement believed to have been made by the mysterious figure behind Bitcoin, Satoshi Nakamoto, back in 2010. This statement, emphasizing the key principles of decentralization, cryptographic security, and a finite supply, continues to resonate in the world of cryptocurrencies. Rizzo’s reflection on the timeless nature
In a surprising turn of events, wallets holding 10,000 Bitcoin (BTC) or more have hit their highest levels of coin accumulation in the past six years. Data from Santiment reveals that these substantial wallets now hold over 3.19 million coins, a peak last seen in November 2018. The recent six-week period has seen these large
Financial commentator and Bitcoin critic Peter Schiff recently provided insight into the world’s leading digital asset, Bitcoin. According to Schiff, the current plunge in Bitcoin price is not expected to crash below the current level, as Bitcoin ETF buyers are yet to show signs of panic. He assessed the trading activity of Bitcoin ETF whales
In a surprising turn of events, several dormant Bitcoin wallets have recently been reactivated by their anonymous owners. Among them, a whale who had not used his cryptocurrency wallet for over a decade suddenly saw a massive increase in the value of Bitcoin held within it. This awakening has sparked curiosity and excitement within the
In a recent tweet, Michael Saylor, the co-founder of MicroStrategy, a business intelligence giant known for accumulating Bitcoin, expressed optimism regarding the stability of the leading cryptocurrency. With Bitcoin experiencing a 4.89% recovery over the last 24 hours, Saylor’s tweet highlighted a key message: “1 BTC = 1 BTC.” This statement comes in the wake