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March 19, 2024
Umoja will use the funds to democratize retail access to digital investment strategies through its smart money protocol. Smart money protocol Umoja has successfully closed a $2 million extension to its initial seed funding round, bringing the total amount raised to $4 million. Umoja aims to use the funds to democratize access to its smart...
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We uncover the controversial decisions of Michael Saylor, former CEO of MicroStrategy, namely his bold move to invest heavily in Bitcoin and perhaps a fundamental flaw in his strategy being overlooked. On the Cointelegraph YouTube channel, a thought-provoking discussion has ignited under the latest video “What was Michael Saylor’s Mistake?”. In the video, authors assess...
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Gods Unchained loses crypto to gain app approval, Kings of Fighters Arena is a slick arcade combat fighter, $500M in new funding: Web3 Gamer. Complying with Apple and Googles app store policies and their refusal to accept crypto was a total nightmare, says Gods Unchained executive producer Daniel Paez. But the app dropped successfully on...
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Genesis agreed to pay a $21 million civil penalty, to settle charges related to its Gemini Earn lending program. Genesis Global Capital LLC has agreed to pay a $21 million civil penalty, as part of a final court judgment to settle charges related to its Gemini Earn lending program. Genesis and Gemini were charged with...
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The United Kingdom’s financial watchdog said it will improve its market monitoring abilities and develop advanced analytics systems. The U.K.’s Financial Conduct Authority (FCA) will focus on increasing its capabilities in detecting and pursuing market abuse in the crypto sector and assisting in delivering a proportionate market abuse regime for the asset class in the...
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MicroStrategy keeps aggressively buying Bitcoin while completing another $603.75 million offering of convertible notes. MicroStrategy, one of the largest public holders of Bitcoin (BTC), has completed another convertible notes offering to increase its Bitcoin stash. Former MicroStrategy CEO Michael Saylor took to X on March 18 to announce that MicroStrategy had completed its previously announced...
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The extension of liquidity should provide decentralized finance users with pricing that “matches or even surpasses” that of centralized platforms. Multichain liquidity aggregator 1inch Network has added liquidity network Lumia to its list of aggregated sources.  The integration, which should deepen on-chain liquidity and provide better pricing for 1inch users, was announced on March 18....
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The open-source blockchain software developer now has 135 members and is heralded as a tokenization leader. Open-source blockchain software developer Hyperledger Foundation has onboarded two more members and created the Hyperledger Besu Financial Services Working Group. The working group will seek to strengthen alignment between service developers and organizational users. Citi and the Brazilian Development...
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The crypto market liquidated over $624 million worth of leveraged positions in the past 24 hours, 83% of which were long positions. The cryptocurrency market could see over $212 million of leveraged long positions liquidated if Ether’s (ETH) price falls below the $3,100 mark. Ether dropped 9.3% to $3,254 in the 24 hours leading up...
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The American rapper Ghostface Killah, known for his role in the group Wu-Tang Clan, will launch new music as Bitcoin Ordinals and give holders Creative Commons Zero rights to the music. The American rapper Dennis David Coles, known as Ghostface Killah and for his role in the popular hip hop group Wu-Tang Clan, announced he...
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