The transaction volume seen on the Cardano ($ADA) network has briefly surpassed that of the Ethereum ($ETH) blockchain ahead of the launch of a highly-anticipated decentralized exchange on Cardano called SundaeSwap. According to data from Messari, Cardano’s daily transaction volume was at one point above the $7 billion mark, surpassing the daily transactions volume seen […]

NEAR Foundation, the Swiss non-profit organization responsible for “contracting protocol maintainers, funding ecosystem development, and shepherding core governance of the NEAR protocol“, has announced the close of $150 million in new funding being raised from several prominent crypto investing firms.  According to a report by CoinDesk, NEAR Foundation held a $150 million funding round led by […]

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The crypto market today is stuck in a sideways trade today. BTC is set to hit support at $42K, ETH hovers around $3.3K. In tandem with the market most altcoins trade in losses. However, defying the trend are alts, as they print significant gains. NEAR Price Action Since December 18, NEAR has been rising inside …

Crypto derivatives exchange FTX has launched a $2 billion venture fund focused on backing Web3 projects and the overall digital asset ecosystem. Dubbed FTX ventures, the fund will be headed by Amy Wu, a former partner at $10 billion investment firm Lightspeed Ventures Partners. FTX Ventures will invest in multi-stage companies and projects and is particularly excited about the number of talented teams in the Web3 gaming space. In fact, Wu stated that she’s “particularly excited about web3 gaming” and it’s potential to go mainstream. She has previously led multi-million-dollar investments in blockchain software company Alchemy and crypto-gaming firm Faraway. “I am thrilled to be joining FTX to work alongside Sam and some of the smartest people disrupting the financial services industry. With FTX Ventures, we are looking to support entrepreneurs building generational businesses. We’re particularly excited about web3 gaming and its ability to bring mainstream audiences into the ecosystem,” Wu said. In November 2021, FTX, Lightspeed Venture Partners and Solana Ventures even teamed up to create a $100 million blockchain gaming fund. Commenting on the development, FTX CEO, Bankman-Fried said in a statement: “Our investors at FTX have made a deep impact in supporting our growth and development. We strive to do the same at FTX Ventures and are excited to find the brightest minds and disruptive innovation in tech.” As part of FTX Ventures, Wu will lead a team of eight people, which includes general partner Ramnik Arora who has worked as FTX’s head of product since October 2020. Advisor Armani Ferrante, is also part of the team who has previously worked as a software engineer at Alameda Research, a quantitative crypto trading firm and liquidity provider founded by Sam Bankman-Fried himself. With the launch of FTX Ventures, the US-based cryptocurrency exchange has now joined the likes of Binance Labs and Coinbase Ventures, both of which have been in existence for several years.

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NEAR price enters price discovery following the successful completion of a $150 million funding round and exponential ecosystem growth.

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There's a new multi-billion fund in the crypto market: FTX Ventures. The exchange operator has set aside $2 billion for the new fund

The post FTX launches $2 billion venture fund, hires Lightspeed exec to lead appeared first on The Block.

On Thursday, the Near Foundation announced the project has raised $150 million from strategic investors such as Three-Arrows Capital, a16z, Mechanism Capital, Dragonfly Capital, and Circle Ventures. Following the announcement, the Near protocol’s native crypto asset jumped more than 7% against the U.S. dollar. Near Foundation Gets a $150 Million Capital Injection The team behind […]

What a wonderful time, Christmas is right around the corner (might be after Christmas when you read this) and 2022 is getting closer and closer. When looking back at this year it’s safe to say that at least for those who invested in cryptocurrencies it’s been a great year. Bitcoin is up 100%, Ethereum over […]

The post Crypto Charities and Donations: Embrace The Gift of Giving appeared first on Coin Bureau.

The performance of Solana in 2021 has been astonishing. Unless you’ve been living under a rock there’s no way that Solana’s rapid growth has gone unnoticed to you. Not only has the price of Solana risen, the whole ecosystem has seen massive developments. I have to say looking into it has been a thrill and […]

The post Top 9 Projects In The Solana Ecosystem: Huge Potential! appeared first on Coin Bureau.

Crypto exchange regulation has been frustratingly complex for crypto traders in recent years, being about as difficult to understand and navigate through as trying to play pin the tail on donkey while blindfolded and submerged in chocolate pudding. FTX have finally overcome what has felt like a bad dating show about who is dating who, […]

The post FTX US Review: Crypto Trading for US Investors appeared first on Coin Bureau.

“Do your own research”. These words (or the initialism DYOR) have been heard more than once especially if you watch the Coin Bureau YouTube channel. That’s because when investing in something it’s best the decision comes from you, made on the basis of information you’ve found while doing your research. Relying solely on a third-party […]

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