Bluejay Finance, a capital-eff icient decentralized stablecoin protocol for issuing stablecoins pegged to real-world currencies, has raised $2.9M in funding from Zee Prime Capital, C2 Ventures, Stake Capital Group, RNR Capital, Daedalus Angels, Moonlanding Ventures, Oval Ventures, and more, with operator-angels including DeFi projects like Ribbon Finance, Flux, Voltz, and Alpha Venture Dao. Founded in 2021, Bluejay Finance aims to […]

Singapore-based crypto exchange Zipmex has become the latest in a series of crypto companies to freeze user transactions and withdrawals “until further notice.” Zipmex Suspends Withdrawals Following ‘Combination Of Circumstances’ Beyond Its Control  Zipmex announced in a Wednesday tweet that it would be pausing customer withdrawals. The Southeast Asian crypto startup cited a combination of factors, including volatile market conditions […]

The world is in the midst of a digital revolution and with it, the way we think about value is shifting. The application of nonfungible tokens (NFTs) to represent and transmit religious values and principles is one of the most fascinating manifestations of this new perspective. The NFT is a very new technology, but there’s a lot of excitement about […]

The price of Litecoin (LTC) has broken out above the moving average lines. The cryptocurrency rose to a high of $59.33 and then fell back. On June 25, the altcoin was bounced off the same $59.75 resistance and fell to a low of $47.19. If the altcoin falls back above the moving average lines, the uptrend will resume. A break […]

On Tuesday (July 19), Brad Garlinghouse and Stuart Alderoty, who are CEO and General Counsel at Ripple respectively, expressed their disappointment with anti-crypto U.S. Congressman Brad Sherman (D-CA). Congressman Sherman, who was “born and raised in southern California” is “currently serving his thirteenth term in Congress and has served in the House of Representatives since 1997.” He is “a senior member […]

DeFi company Zharta, has secured seed funding from leading Web3 VCs and strategic investors to accelerate its growth to meet customer demand and go to market. Zharta, creator of a lending protocol for instant NFT collateralized loans, has closed a seed round of 4 million dollars in new capital to fuel the company’s next phase of growth. The company had […]

By Marcus Sotiriou, Analyst at the publicly listed digital asset broker GlobalBlock  Bitcoin remains around $22,000, as it hovers around a critical region. For the rally to continue, bulls want to see the price hold above $21,500 which is in confluence with the 20-day moving average. Since Bitcoin’s plummet from $45,000, this moving average has had 6 retests and 6 rejections, so the […]