Fortunafi, a real-world asset (RWA) tokenization platform, announced that it has raised $9.51 million in strategic and seed funding rounds and also unveiled a new stablecoin protocol called Reservoir.Investors in this funding round included Shima Capital, Manifold, Jordan Fish (aka Cobie), Ari Litan of LayerZero Labs, Austin Green of Llama, Evanss6 and Scott Lewis, and Fortunafi.The latest strategic funding round worth $3.16 million closed last December and the seed round worth $6.35 million closed in October 2021. Both rounds were officially announced today, Fortunafi founder and CEO Nick Garcia told The Block.Both rounds consisted of shares with token warrants, and…
Author: Crypto Flexs
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ETH whale activity has increased over the past few months. Daily whale trading volume has increased since the SEC approved the ETH spot ETF. Ethereum (ETH) has witnessed a surge in whale activity over the past few months, Santiment points out in a newly released report. According to the on-chain data provider, the recent increase in whale activity was triggered by rumors and the U.S. Securities and Exchange Commission’s approval of a spot Ethereum exchange-traded fund (ETF). On May 23, regulators Approved Form 19b-4 for ETF applications filed by BlackRock, Fidelity, Grayscale, Bitwise, VanEck, Ark, Invesco Galaxy, and Franklin Templeton.…
The cryptocurrency market is buzzing with excitement as new developments and predictions unfold. Shiba Inu (SHIB), known for its vibrant community and meme-inspired origins, is set to double its profits based on recent price predictions. at the same time, Option 2 Trade (O2T) It made headlines with its immediate rebound following its listing on the Centralized Exchange (CEX). In this article, we take a look at the latest price prediction for Shiba Inu (SHIB), the impressive performance of Option2Trade (O2T), and what these developments mean for investors. Shiba Inu (SHIB) expected to double profits Shiba Inu (SHIB) Its rapid growth…
In the competitive landscape of cryptocurrency exchanges, HTX (formerly Huobi) recently achieved a significant milestone by surpassing US-based Coinbase in daily spot trading volume. This change marks a notable shift in the hierarchy of global cryptocurrency trading platforms.HTX, trading volume surgesHTX’s rise in the cryptocurrency exchange market has been remarkable. According to the latest data from CoinGecko, HTX handles approximately $2.4 billion in spot trading volume each day. These impressive numbers make it the fourth-largest cryptocurrency exchange globally, behind giants such as Binance, Bybit, OKX, and Gate.io. Coinbase, on the other hand, currently handles about $2 billion in daily trading…
SEI, a blockchain platform known for its high performance and parallelized EVM, announced the distribution of 27,421,200 SEI tokens through its second airdrop. The offer targets 43,052 unique addresses and rewards those who have actively participated in the SEI ecosystem since the Pacific-1 Mainnet launch. background Since the launch of SEI’s Pacific-1 Mainnet last August, over 100,000 addresses have delegated their voting power, playing a key role in securing the network. This participation has fostered a thriving economy, with primary activity revolving around the exchange and creation of NFTs. To date, the platform has seen…
Bitcoin Cash:qrkc4lc750pgpa8xv6ylwqcjm4wnvjycvvh4alts5d This account received 0.67 Bitcoin which is over 6,500 Bitcoin in my account. How do I get it back?
As a measure to ensure a high-quality trading environment, Binance will delist and suspend trading in several spot trading pairs, including CAKE/TUSDDYDX/BNB, LAZIO/BTC, according to exchange announcement on May 29, 2024. Regular review of market quality Binance, one of the world’s leading cryptocurrency exchanges, performs regular evaluations of all listed spot trading pairs. These ratings are designed to protect users and maintain the integrity of the trading markets. Exchanges may choose to delist pairs with low liquidity and trading volume as part of this process. Following a recent review, we decided to remove several spot…
If we do the research, you can get alpha!Get exclusive reports and key insights on airdrops, NFTs, and more! Subscribe to Alpha Reports now and enjoy the game!Go to Alpha ReportFetch.ai, Ocean Protocol, and SingularityNET have finalized details of their plan to merge to create the Artificial Superintelligence Alliance (ASI).With a market capitalization of $5.8 billion based on the tokens’ individual valuation as of May 28, the newly combined ASI token represents the largest open-source decentralized network focused on the AI industry.The merger, expected to be completed on June 13, will rename FET to ASI and create an Ethereum-based ERC-20…
The Bitcoin (BTC) “diamond hand” is not acting as if BTC price action has reached an all-time high of $73,800.A new study conducted on May 28 by on-chain analytics firm Glassnode found that selling pressure on older coins is only half of previous bull market highs.Bitcoin Investors Hold Off on Taking ProfitLong-term Bitcoin holders (LTHs) continue to resist the urge to take profits even as BTC price hovers near $70,000.Despite earning an average of 3.5x returns, LTH wallets are not selling BTC at a rate that makes the current bull market unsustainable.“As prices rise in response to new buy-side pressure,…
Memecoin, recently launched by Australian musician Iggy Azalea, soared to a market capitalization of more than $28 million on May 29, surpassing the token named after Sahil Arora, who has been accused of fraud.Azalea distanced herself from Arora for two consecutive days after he posted a screenshot on Telegram. Screenshots show text messages from the artist discussing her social media campaign for her new token.Azalea claims she “never had a conversation” with the man, who only had “one phone call” with her manager.Azalea said ofThis week, at least two celebrities accused Arora’s celebrity memecoin project of being a scam. Olympic…