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African startup raises $6 million from pre-Series A funding round

The Africa Blockchain Lab recently said it raised $6 million from a pre-Series A investment round and that it will use the capital to fund the launch of an encrypted portfolio. Increase cryptocurrency adoption An African crypto startup, Africa Blockchain Lab, recently confirmed it has received $6 million from a pre-Series A investment round. The…

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Lending Platform Ledn Launches Bitcoin-Backed Mortgage Product and Raises $ 70 Million

Global digital asset savings and credit platform Ledn has announced the upcoming launch of a bitcoin-backed mortgage product, calling it “the first product of its kind to hit the market.” The company also raised $ 70 million, bringing its valuation to $ 540 million. Bitcoin-backed mortgage: “The first product of its kind to hit the…

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New game to earn Altcoin on Ethereum goes up 15,000% in just four months, surpasses the market value of $1,000,000,000

A new alien-themed game block is leaving Earth’s atmosphere while the general trend of the metaverse continues to burn. The decentralized social gaming platform UFO Gaming (UFO) is based on the Ethereum network and features a “Dark Metaverse” where users can create their own clans, own and trade virtual land, and earn cryptographic or non-fungible…

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Children’s Hospital of El Salvador receives more than 1 BTC grant from a US non-profit organization.

The Liberland Aid Foundation donated more than one full bitcoin to the Benjamin Bloom National Children’s Hospital. The Benjamin Bloom National Children’s Hospital in El Salvador has received more than 1 BTC grant from the Liberland Aid Foundation, a US-based non-profit organization, according to a statement sent to Bitcoin magazine. “It is an honor for…

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Australia’s Best Baseball Club Will Pay Players In Bitcoin

Bitcoin and other cryptocurrencies are making more and more appearances in the sports world. The latest team to enter the crypto world is the Australian Baseball League club, the Perth Heat. On Wednesday, the club announced that it has integrated encrypted payments into its operations. Heat said that it has partnered with OpenNode to accept…

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Google invests $ 1 billion in CME Group with a 10-year cloud contract

CME Group President and CEO Terry Duffy said the investment and partnership would help the company “transform derivatives markets through technology, expanding access and creating efficiencies for all market participants.” Google’s parent company Alphabet has invested $ 1 billion in the Chicago Mercantile Exchange Group, the exchange responsible for many crypto derivatives. In an investor…

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Coinbase invested in a record 49 projects in the third quarter

Coinbase Ventures closed a new investment deal almost every day in the third quarter of 2021, details posted on the Coinbase blog. According to the October 29 blog post, Coinbase Ventures made a record 49 investments in the quarter, becoming one of the cryptocurrency’s “most active venture capitalists”. “In the third quarter, Ventures made a…

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Zimbabwe can no longer ignore the cryptocurrencies

Several countries around the world have reported that they consider after the Savior’s initiative in the adoption of Bitcoin as a national currency. According to Zimbabwe’s Minister of Finance, Mthuli Ncube, his country is ready to make cryptomotor concessions, who thought they could reduce the cost of shipments, among other benefits. Panama, Paraguay and Mexico…

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Traders Celebrate Looming Bitcoin ETF, But Options Markets Are Less Secure

The United States Securities and Exchange Commission, or SEC, is expected to decide on October 18 whether or not to approve an application from asset manager ProShare Capital Management for a Bitcoin Traded Fund (ETF). As previously reported by Cointelegraph, SEC Chairman Gary Gensler recently suggested that the regulator was more inclined to approve indirectly…