Cryptocurrency insurer Meanwhile on Thursday closed a $40 million Series A round led by Framework Ventures and Fulgur Ventures, with participation from Wences Casares, founder of cryptocurrency bank Xapo. The round values Meanwhile at $190 million, nearly double the valuation of its most recent funding round in 2022. Meanwhile will use the funds raised to expand globally and ensure its products comply with regulatory requirements.
加密货币保险公司Meanwhile周四完成了由Framework Ventures和Fulgur Ventures领投的4000万美元A轮融资,加密货币银行Xapo的创始人Wences Casares也参与了此次投资。此轮融资对Meanwhile的估值为1.9亿美元,几乎是2022年最近一轮融资时估值的两倍。Meanwhile将利用此轮融资筹集的资金进行全球扩张,并确保其产品符合监管要求。
Franklin Templeton has announced the launch of an exchange-traded fund (ETF) that holds both spot bitcoin and Ethereum. The Franklin Crypto Index ETF (EZPZ) is the second cryptocurrency index ETF to enter the US market, following the launch of the Nasdaq Crypto Index US ETF (NCIQ) by asset manager Hashdex on February 14. The EZPZ fund holds a basket of assets referenced by the U.S. CF Institutional Digital Asset Index. As of February 20, the index was only...
Crypto custodian company BitGo Inc. has launched a global digital asset over the counter (OTC) business at the same time as it plans to go public. The expansion comes amid growing demand for cryptocurrencies from institutional investors, such as hedge funds. As one of the largest digital asset custodians in the United States, BitGo primarily helps investors store their digital assets. According to people familiar with the matter earlier this month, the company is considering a...
I am also a co-founder of Meteora. First of all, I would like to reiterate my confidence that neither Jupiter nor Meteora is involved in any insider trading or financial wrongdoing, or improperly received any tokens. Secondly, we hired an independent third party (Fenwick & West).
Some analysts said that while the latest developments in US tariffs continued to dominate the headlines, the market movement was somewhat subdued, giving the impression that we could see tariff fatigue emerge. Aside from US policy, the market's attention will be on the upcoming CPI report, especially after the recent hot jobs data. Looking at the recent data, the risk of stronger inflation data is greater. In the short term, demand for the dollar is expected to continue, and its decline may be s...
The number of market participants who are long the dollar is rapidly decreasing, while the appeal of being long the yen is growing. Click to view...
Stronghold Digital, which violated energy market rules while prioritizing bitcoin mining, agreed to pay more than $1.40 million in fines and refunds. Stronghold had a contractual obligation to provide usable power to the PJM grid to help ensure the reliability of the grid. However, the FERC's Office of Enforcement determined that Stronghold failed to meet this obligation between June 2021 and May 2022 and instead diverted power to its bitcoin mining operations.
Binance Labs changed its name to YZi Labs while expanding its investment focus to include Web3, AI, and biotech. CZ is actively involved in investment activities, providing direct mentoring and training to founders; while Ella Zhang returns as head of YZi Labs to lead the next phase of growth and innovation.
JPMorgan's trading team said that while the risks to a strong stock market rally are growing, there is "very little chance" of a bear market downturn in the context of strong economic growth. US stocks could see a 4% -5% or even 10% correction after two consecutive years of rising more than 20% in the S & P 500, but the bull market remains intact against the backdrop of above-trend GDP, the team led by Andrew Tyler, head of global market intelligence, said in a note to clients on Monday.
MicroStrategy attracted growing attention today by buying $2.10 billion in bitcoin while selling a mix of equities and fixed income securities to fund the rapidly increasing buying. It was the fifth consecutive Monday that the company announced a purchase of digital assets. Co-founder and chairperson Michael Saylor decided that the small business software maker needed to embark on a...
Coinbase has withdrawn its pre-application to enter the Turkish crypto market, while QNB Digital Assets, a unit of Turkey's QNB Bank, has also withdrawn its application. Earlier, Turkey's capital markets commission (SPK) said that since the August 9 regulatory update, the number of companies applying for crypto licenses has increased from 47 to 76, including new companies such as Coinbase, KuCoin, and Gate.io.
According to sources, OpenAI is using chips from AMD (AMD. O) and is also using chips from NVIDIA (NVDA. O). OpenAI has booked TSMC's capacity in 2026. Broadcom (AVGO. O) and OpenAI are developing an artificial intelligence reasoning chip.
The overnight CPI and initial request data exceeded expectations at the same time, and the labor market was sluggish, but the Federal Reserve seemed to have someone floating? Under the expectation that the euro zone economy is biased towards weakness, investment banks believe that the pace of interest rate cuts may need to be accelerated.