If nothing extraordinary happens, the Federal Reserve will raise interest rates and implement “quantitative tightening”, that is to withdraw liquidity from the market, in its fight against the high inflation rate.

The post Analysts: Inflation will go down, act accordingly appeared first on CryptoSlate.

Cryptocurrency journalist Laura Shin claims to have solid evidence that TenX co-founder Toby Hoenisch was behind the infamous exploit of The DAO in 2016. EXCLUSIVE: With the publication of my book today, I can finally announce: in the course of writing my book, my sources and I believe we uncovered the identity of the Ethereum's […]

The post TenX Co-Founder Allegedly Involved In The DAO Hack appeared first on CryptoCoin.News.

Will year-end Series A and B valuations top or trail those of January? This question sits atop most founders' lips and boardroom agendas. The broad market sentiment is they will be lower.

Public-market software valuations have withered more than 60% from their highs. Alarm about interest rates, QE ending, and geopolitical risk have swirled around public technology companies, kinking the valuation curve.

Amidst this gloomy backdrop, The Information published a story on hedge funds' strategy shift. Instead of late-stage opportunities, they’ll be focusing on early-stage venture in 2022. If true, Series A and B markets may surge upward against the countervailing depressive momentum.

Hedge funds’s big chip stacks have become a market force in venture during the last three years. PitchBook surmises non-traditional VC (aka hot money) comprises 78% of venture dollars invested in 2021. Across Series A to Series E rounds in the US, hedge funds participated in 63% of startup financings worth more than $200B in 2021. That figure didn’t crest $4b ten years ago.

Though some hedge funds index the market, they haven’t indexed it by stage. 2021 marked a near universal strategic focus on Series C, D, and E rounds. Hedge funds appeared on the cap table in more than 35% of Series C, D, and E rounds in the US.

In contrast, these investors wholly disregarded Series As and Bs. A paltry 1.3% of Series As and Bs received hedge fund money - effectively zero.

Should this investor cadre focus earlier, we should expect the red and blue lines to reverse course, and suddenly. But by how much?

The surge of hedge fund capital into Series C-E investing boosted median pre-money valuations 150% in 2021. Causation is hard to prove, but correlation, its weaker brother, suggests these dollars influenced the market quite a bit.

Hedge fund activity correlates at 0.95 with mid-stage valuations, explaining 90% of the variance.

Last year, early stage prices expanded by half without the benefit of hedge-fund money. Deep stacks entering the early market will pressure valuations more because the early market is one-third the size of the Series C-E market.

Founder preferences may differ at the early stage than the growth stage. The value propositions of board seats, venture platforms for hiring, business development, & marketing, and more active investing will be tested in 2022.

Hedge fund flows into early venture will challenge the market’s bearish disposition and define pricing dynamics in 2022. Whether positive or negative pricing momentum will prevail is hard to predict. But the answer isn’t as simple as it was a few weeks ago.

Canadian cybersecurity vendor eSentire has scored $325 million in new financing at a heady valuation north of a billion dollars.

read more

Identity management solutions provider Beyond Identity on Tuesday announced raising $100 million in an oversubscribed Series C funding round that brings the total raised by the company to $205 million.

With this funding round, led by Evolution Equity Partners, Beyond Identity achieves unicorn status, with a valuation of $1.1 billion.

read more

By Sasha Grutman, Demetris Papademetriou, and Rishabh Madhok The current surge in ESG (“Environmental, Social, and Governance”) investing has influenced a material shift in the Financial Services sector. Whether it’s the billions of Dollars being invested in green and sustainable instruments, serious institutional efforts to address ESG as a risk factor in lending and investing, […]

The post ESG and Fintechs: Technology enables impact goals appeared first on Fintech News.

Whatever funds come from the token will go to sheltering kittens, funds to help with their vet visits, digital and physical adoption services, and finally, the trade of digital assets. 

The project gets its inspiration from Floki, one of the most trendy meme cryptocurrencies in the market today. Moreover, it has forged partnerships with the Binance Smart Chain, OpenSea, the Metamask wallet, PancakeSwap, and Amazon Smile.

Tuxi has taken its time to build a platform that will make changes and create a name for itself in the crypto world. Its team recognizes the time it has spent perfecting the project and surviving the process while bringing significant connections on board, including developers, designers, advertisers, to mention but a few. So far, the project is not doxxed, and the team remains anonymous. 

The TUXI Token

The TUXI token will be charity-driven, as earlier mentioned, to help people who love cats. Furthermore, the token aims at bringing hype to the project while remaining credible to all users. As such, the token has a secure contract on Unicrypt, hoping to provide security audits and KYC verifications with time. You can view the contract here for more details, including access to its source code. 

TUXI's initial DEX offering will be on Unicrypt, with a 180 BNB hard cap, and a 50 BNB soft cap. The low cap aims at driving the token's volatility. To limit bias during the presale, each account involved can only spend 1.5 BNB. After the presale, the token will also be available on PancakeSwap. Notably, it is a tax-free token, and it is advisable to use low slippage during the sale. 

The project assures its investors that the token will have a finite supply to increase the scarcity of its market supply. Additionally, part of it will be locked to increase the project's liquidity, besides scheduled weekly token burns to improve its market valuation. Therefore, investors can rest easy as $TUXI will be a good option for long-term investment opportunities. 

The project will also encourage long-term community participation, giving more power to the users in decision-making processes. Its soon to come raffle dApp (TUXI Hat Daw) will give users a chance to win huge prizes, increasing the incentives for participation. Its Verifiable Random Functions (VRF) will add to the fairness of how the raffle dApp will work. 

About Tuxi

Tuxi has plans to develop its first dApp that will enable users to connect their wallets to donate to its charity address. It builds a marketplace for NFTs and other merchandise for users to trade assets globally using their Metamask wallets. 

The TUXI Kennel will be an avenue to adopt kittens in the US digitally or physically. On the other hand, TUXI University will help fund aspiring veterinarians who have issues with their education costs.

Another objective is to acquire CoinMarketCap or Coin Gecko's fast-tracking services to get a listing on the sites. Finally, it will have high-end advertising opportunities, including erecting billboards in huge cities and leveraging Dextools.

For more details about Tuxi, visit its website, Telegram, and Twitter pages for updates.

SCARY (SCY) outperformed the majority of cryptocurrencies over the weekend by rallying by more…

The post SCARY (SCY) price jumps by more than 1000% over the weekend: what is fuelling the Bull Run? appeared first on Coin Journal.

2021 was a blockbuster year for global fintech funding, exits and unicorn minting, a trend that was also observed in the Indian fintech landscape where players raised a new record

The post India’s Fintechs Are Ramping up on Acquisitions and International Expansions appeared first on Fintech Singapore.

Digital asset custody service provider Fireblocks has announced it will acquire First Digital, a fellow Israeli company, for $100 million. The acquisition, which is said to be Fireblocks’ first, comes less than three weeks after the company revealed it raised $550 million in Series E funding. Fireblocks’ $8 Billion Valuation Fireblocks, a digital asset custody…

The post Fireblocks to Acquire Crypto Payment Platform for a Reported $100 Million appeared first on Bitcoin News Miner.