How effective is Bitcoin as a hedge against inflation? Dilip Kumar Patairya on Cointelegraph studied what inflation is and how useful Bitcoin and the other means are to deflate it. Why do you need a hedge against inflation? How effective is Bitcoin as a hedge against inflation? Let us first understand what inflation is and…
Cypher Capital, a Dubai-based venture capital company, is launching a $100 million seed fund aimed at investing in crypto and digital assets. It plans to invest 40% of its funds in the emerging blockchain and crypto startups in India. The fund, financed by the company’s founder, Bijan Alizadeh, will also invest in decentralized finance platforms,…
Non-fungible tokens (NFTs) have exploded in popularity, and that has made investing in them all the more challenging. Here are 12 tips from CryptoPotato on how to spot the best NFT projects. The space of non-fungible tokens (NFTs) has grown exponentially over the past year, and this produced quite a few consequences. For once, there…
Ex-Meta employees have secured a $200 million funding round from crypto VC giants to develop their own version of the notorious crypto project Diem. Recently, Meta (formerly Facebook) abandoned its grand plans to create a digital currency and sold the remaining assets to Silvergate Capital for $182 million. The deal showcased how Meta is left…
Gauntlet, a DeFi financial-risk modeling platform for crypto lending, raised a new round of funding that pushed its valuation to $1 billion. The company plans to use the capital injection to scale the platform to operate on multiple networks and expand into new areas such as gaming. On March 14, Gauntlet said that it had…
Ethereum software company ConsenSys, which created MetaMask, and Infura, raised an additional $450 million, doubling its valuation in four months. ConsenSys Software Inc will use its new funding to bring in more people from traditional finance. Ethereum software company ConsenSys announced on March 15 that it has raised a $450 million Series D round led…