Top venture capital firm Andreessen Horowitz popularly called a16z has completed a funding round and realized a total of $7.2 billion in the process. a16z To Focus on American Dynamism and AI Axios stated that the initial target for the fundraiser was $6.9 billion, indicating that a16z successfully surpassed its mark by about 4%. Drawing […]
Circle Passes SOC 2 Type 2 Cybersecurity Audit
Circle has completed a System and Organization Controls (SOC) 2 Type 2 audit. This audit follows the direction of the American Institute of Certified Public Accountants (AICPA) is evidence of the vigor of Circle’s security measures and commitment to the safety of client data. Contrary to a SOC 2 Type 1 report that examines the […]
Bitcoin Mining Firm Hut 8 Slashes Cost By 30% As Halving Closes In
Bitcoin mining firm, Hut 8 has announced optimization of its Salt Creek mining location in Texas ahead of the halving. In an April 16 statement, the North American-based miner disclosed innovations to its facilities. According to the statement, the miner energized one-third of its 63MW site to boost pre-halving figures giving the firm an edge. […]
Solana-based Liquid Real Estate Project Parcl Unveils Native PRCL tokens
Parcl, a decentralized real estate project based on the Solana blockchain network has announced the launch of its native PRCL tokens. Parcl confirmed that the user-earned points given for interacting with the real estate protocol shall be converted to PRCL tokens. $PRCL is now live. Early Parcl Ecosystem adopters & core community members have until […]
Korean Won Overtakes US Dollar as Top Fiat for Crypto Trading
The South Korean Won (KRW) has overtaken the US Dollar (USD) in terms of trading volume against cryptocurrencies. A report by the financial analytics firm Kaiko revealed that in Q1 of 2024, transactions on centralized cryptocurrency exchanges involving the Won exceeded $456 billion. This narrowly edges out the trading volume of the US Dollar, which […]
Solana’s Drift DAO Introduces Governance Token, Here’s Everything
The Drift DAO Foundation has revealed plans for the introduction of the DRIFT governance token, marking a significant milestone in advancing a fully community-driven protocol. This move aims to empower users and contributors to actively shape the future roadmap of the Drift ecosystem through decentralized decision-making processes. Drift DAO Launches Native Token The DRIFT governance […]
Bitcoin’s Role in Crisis: Mike Novogratz Sounds Alarm on Debt
In the face of a growing fear of the debt America is amassing, Mike Novogratz, the CEO of Galaxy Digital, makes a dire warning, which dictates an urgent government reaction to avoid a looming disaster. In view of the nation’s debt-to-GDP ratio reaching 125%, Novogratz reveals that of the last 34 countries that reached such […]
4 Altcoins To Buy In Halving Week To Turn $10,000 Into $1 Million In 2024
Amidst the sell-off in the market, investors are shifting to select altcoins to buy, with once-in-a-lifetime opportunities to dollar cost average (DCA) ahead of Bitcoin halving. Altcoins like Ethereum (ETH), Shiba Inu (SHIB), Core (CORE), and Mantra (OM) show signs of stronger rebounds this week. Although growing a small crypto portfolio to $1 million is […]
Dogwifhat Price Prediction: Could the Recent Drop Signal a Buy Opportunity?
Dogwifhat price prediction: WIF, a meme coin based on the Solana blockchain, has seen a significant drop in its market price. The current Dogwifhat price stands at $2.68. This marks a notable decline of 7%, signaling a downward trend in investor confidence. This shift suggests a bearish mood among traders and investors, contributing to the […]
Solana Price: Will SOL Price Bounce Back Before Bitcoin Halving?
The cryptocurrency market is painting charts red, and so is Solana price. Having recorded 16 greed days over the past 30 days, SOL saw a decline of approximately 28% in its value. The past 7 days have not been the best for the “Ethereum killer” token, witnessing a nosedive in its price by over 23%. […]