British crypto analytics startup CryptoCompare has secured a strategic investment from MV Index Solutions (MVIS), a subsidiary of VanEck.
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Blockchain analytics firm TRM Labs has raised $14 million in a Series A funding round led by Bessemer Venture Partners.
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Quick Take
- Cross-chain bridges are becoming increasingly important pieces of the DeFi ecosystem as value continues to be spread amongst a growing list of blockchains
- Currently, most bridges transfer assets between chains by locking source assets and minting wrapped assets on the destination chain
- With sufficient liquidity in the future, cross-chain bridges like multichain.xyz or THORChain can enable decentralized asset bridging without requiring custody of assets
U.S. broker Wedbush Securities has joined Paxos’s blockchain network for faster settlement of stock trades.
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The capacity of the Bitcoin Lightning network has shot up this year, increasing by nearly 50% since January.
The post Bitcoin Lightning network capacity accelerates to 1,500 BTC appeared first on The Block.
The National Republican Congressional Committee (NRCC) is set to accept crypto donations, making it the first national political party to do so.
The post US House Republicans’ campaign arm to accept crypto donations appeared first on The Block.
The U.K.’s Financial Conduct Authority has published new research revealing steady growth in the number of adults who hold cryptocurrencies.
The post Regulator reveals uptick in crypto investing among UK consumers appeared first on The Block.
The World Bank has rejected the government of El Salvador’s request to help implement bitcoin as legal tender in the country.
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Decentralized derivatives exchange SynFutures has netted an additional $14 million in a Series A round led by Polychain Capital.
The post Decentralized derivatives platform SynFutures raises $14 million in Series A appeared first on The Block.
BitDAO has raised $230 million from a number of high-profile investors, including Peter Thiel and Alan Howard.
The post Peter Thiel, Alan Howard back BitDAO’s $230 million raise appeared first on The Block.
