The Twitter CEO’s comments reflect a lack of trust in central bank monetary policymaking.
The vocal bitcoin proponent has made a more than 500% gain on his holdings.
NYDIG is purchasing British payments startup Bottlepay for between $280 million and $300 million in stock.
- The bitcoin investment firm closed the deal earlier this week. The Block first reported the news.
- U.K.-based Bottlepay is a global payments firm powered by the Lightning Network. Users can make micropayments of “as little as a penny” and send funds via messages on Twitter, Reddit Discord.
- The company completed an 11 million euro ($15.4 million) funding round in February from investors, including Alan Howard, a British billionaire hedge fund manager, who is also the company’s largest shareholder.
- The round also included “present and former” Goldman Sachs partners and digital assets firm NYDIG.
Bitcoin (BTC) is approaching an all-time high around $66,900 as momentum improves. However, a breakout is needed to yield further upside projections. Historically, BTC tends to perform well in Q4, which could keep buyers active at support levels.
You keep saying that word, “Metaverse.” I do not think it means what you think it means.
Major DeFi investors piled into the Ardana project, including some that have never invested in Cardano before.
Ardana, a decentralized finance (DeFi) protocol built on the Cardano blockchain, has raised $10 million in strategic funding.
The post Cardano-based DeFi protocol Ardana raises $10 million from Three Arrows Capital and others appeared first on The Block.
Tokensoft’s Wrapped is now taking a multi-custodial approach, having partnered with Hex Trust on wXRP.
Tron founder Justin Sun withdraws billions of dollars worth of liquidity from DeFi lending platform Aave’s lending pools.
The post Justin Sun withdraws billions of dollars worth of crypto from Aave’s lending pools appeared first on The Block.
The Block’s Frank Chaparro chats with editor Wolfie Zhao about China, bitcoin mining and more.
The post The Scoop Mining Report with Wolfie Zhao: The end of China’s bitcoin mining powerhouse appeared first on The Block.
