Following the Terra LUNA and UST fallout, digital currency markets have dropped in value as the crypto economy dropped 6.93% from $ 1.356 trillion on May 22, to today’s $ 1.262 trillion. Amid the market carnage, bitcoin’s market dominance has increased to 43.8%, reaching the highest value since October 30, 2021. Moreover, ethereum’s market dominance […]
Chainalysis Reaches $8.6 Billion Valuation In $170 Million Series F Funding Round
Chainalysis, a cryptocurrency security and blockchain auditing firm, has announced it has completed a new funding round for its operations. The company raised $ 170 million in its Series F funding round, which was led by GIC — the Government of Singapore Investment Corporation — and also had the participation of earlier investors. With this […]
Fireblocks Custody Company Raises $310 Million, Reaches $2 Billion Valuation
Fireblocks, a blockchain infrastructure firm, raised $ 310 million in its most recent funding round, reaching a valuation of $ 2 billion. The company, which specializes in the custody of digital assets, is interested in bringing traditional assets to the blockchain realm. Fireblocks expects this trend of digitalization to keep growing in the recent future. […]