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[ad_1] Cryptocurrency investment firm Multicoin Capital has announced the launch of $430 million Venture Fund III to help startups focusing on decentralized autonomous organizations (DAOs), open finance, and Web3 infrastructure. In this round of funding, the firm said Venture Fund III would invest between $500,000 and $25 million in early-stage blockchain projects or companies, adding […]

[ad_1] The positive gains recorded in the first ten days of July have all but disappeared on July 13 as Bitcoin (BTC) and the wider market slid back toward new yearly lows. Subdued action in the market can be traced back to a variety of factors ranging today’s record-high Consumer Price Index print and a

[ad_1] Key Takeaways BNB Chain burned nearly 2 million BNB tokens in its 20th BNB auto-burn event. Over $444 million worth of tokens were destroyed, bringing the total circulation supply to 161,337,261.09 BNB. Still, BNB appears to have resumed its downtrend and could target $175.  Share this article BNB Chain has completed its latest quarterly

[ad_1] Where does bitcoin go from here, is a question currently being asked with regard to its precipitous drop, the possibility of a bear market bottom forming, or alternatively, another leg down still to come. Looking further ahead, there are questions about its outlook for the next several months and years, given the precarious macro

[ad_1] QNT was trading close to recent highs on Wednesday, as prices were battling through a turbulent session. The token was mainly in the green on hump day, falling by as much 7% on the day. NEAR also declined, with prices heading toward a one-year low. Quant (QNT) QNT remained close to a two-month high

[ad_1] Unifi, a solutions provider for web3 applications, today announced the launch of its newest blockchain product – DARBi, a decentralized arbitrage solution for private institutional participation in DeFi. DARBi offers DeFi players a sustainable, market-neutral strategy for reliable and predictable yield while decreasing asset loss risk from market volatility. The risk management smart contract

[ad_1] Bitcoin and Ethereum have reacted negatively to the Consumer Price Index (CPI) print in the United States. The metric is used to measure inflation in the U.S. dollar and hit 9.1% for June which represents an increase from May’s results. Related Reading | Social Dominance Rate Of Bitcoin Marks An All-Time High in 2022 At

[ad_1] Doni Primanto Joewono, the Bank Indonesia (BI) Governor, said cryptocurrency can facilitate financial system efficiencies and inclusion. The administration is evaluating the impact of adopting central bank digital currency (CBDC). Speaking at a side event of the G20 summit, Joewono noted that the growth of crypto assets spurred by digitization in the post-pandemic era has transformed

[ad_1] Bitcoin price slipped below $20,000 on Wednesday after headline US inflation data showed the consumer price index (CPI) came in hotter than expected. Data by the US Labor Department showed CPI rose 9.1% year-over-year for the hottest move since 1981 and 1.3% month-on-month in June, the fastest since 2005.  The data came in hotter

[ad_1] Blockchain analytics service Nansen has published its NFT Indexes Report for the second quarter of 2022, showing the market dynamics and quantitative performance of nonfungible tokens (NFTs) over the last three months.  The report identifies and determines key factors contributing to the well-documented NFT bear market, including Ethereum-based volume and transactional metrics, as well