coinbase

Decrypt Reports Cathie Wood’s Purchase of Coinbase Stock After Recent Dip and Sell-Off

Source Node: https://platodata.network/platowire/decrypt-reports-cathie-woods-purchase-of-coinbase-stock-after-recent-dip-and-sell-off/
Time Stamp: March 24, 2023 7:55 PM - Modified On: March 24, 2023 - Published By:
Source Cluster:
Republished By Plato

Cathie Wood, the founder and CEO of Ark Invest, has been making headlines in the investment world for her recent purchase of Coinbase stock after a dip in its value. The move has sparked interest and speculation among investors, with many wondering what led Wood to make this decision.Coinbase, a cryptocurrency exchange platform, went public in April 2021 and saw its stock price soar to almost $430 per share on its first day of trading. However, the stock has since experienced a significant dip, with its value dropping to around

Tomi raises $40M to develop a community-controlled internet without surveillance.

Source Node: https://zephyrnet.com/tomi-secures-40m-in-funding-to-build-a-surveillance-free-alternative-internet-controlled-by-the-community/
Time Stamp: March 21, 2023 12:34 PM - Modified On: March 21, 2023 - Published By:
Source Cluster:
Published by Plato

Tomi, a decentralized internet platform, has recently raised $40 million in a funding round led by Andreessen Horowitz, with participation from other investors such as Coinbase Ventures and Slow Ventures. The platform aims to create a community-controlled internet that prioritizes privacy and security, without the surveillance and data collection practices of traditional social media and search engines.The Tomi platform is built on blockchain technology, which allows for decentralized control and transparency. This means that users have more control over their data and can choose what information they want to share

CCP Games Secures $40M Funding Round with A16z as Lead Investor

Source Node: https://zephyrnet.com/a16z-leads-40m-round-for-ccp-games/
Time Stamp: March 21, 2023 11:18 AM - Modified On: March 21, 2023 - Published By:
Source Cluster:
Published by Plato

CCP Games, the Icelandic video game developer behind the popular sci-fi MMORPG, EVE Online, has secured a $40 million funding round with Andreessen Horowitz (A16z) as the lead investor. The funding round also includes participation from Novator Partners and Frumtak Ventures.The investment will be used to support CCP Games' development of new games and technologies, as well as to expand its global reach. CCP Games CEO Hilmar Veigar Pétursson said in a statement, "We are thrilled to have Andreessen Horowitz lead this round of investment. Their expertise and track record

CCP Games Secures $40 Million in Funding with A16z as Lead Investor

Source Node: https://platodata.network/platowire/ccp-games-secures-40-million-in-funding-with-a16z-as-lead-investor/
Time Stamp: March 21, 2023 11:18 AM - Modified On: March 21, 2023 - Published By:
Source Cluster:
Republished By Plato

CCP Games, the Icelandic video game developer behind the popular space-themed MMORPG (massively multiplayer online role-playing game) Eve Online, has secured $40 million in funding with Andreessen Horowitz (A16z) as the lead investor. The funding will be used to support the development of new games and expand CCP Games' presence in the gaming industry.Founded in 1997, CCP Games has been a pioneer in the gaming industry, creating immersive virtual worlds that allow players to explore, interact, and compete with each other. Its flagship game, Eve Online, has been running for

Balaji Srinivasan Predicts Hyperinflation and Bets on Bitcoin Price Surpassing $1M in 90 Days

Source Node: https://zephyrnet.com/balaji-srinivasan-says-hyperinflation-happening-now-makes-million-dollar-bets-on-bitcoin-price-exceeding-1m-in-90-days/
Time Stamp: March 18, 2023 8:30 PM - Modified On: March 18, 2023 - Published By:
Source Cluster:
Published by Plato

In recent weeks, the cryptocurrency world has been abuzz with the news that Balaji Srinivasan, a prominent venture capitalist and former Chief Technology Officer of Coinbase, has predicted hyperinflation and is betting on Bitcoin price surpassing $1 million in 90 days. This bold prediction has caught the attention of many in the crypto community, as it could have a huge impact on the future of cryptocurrency. Srinivasan’s prediction is based on the idea that the current economic system is unsustainable and that hyperinflation is inevitable. He believes that the current

Fintech News Roundup: March 12-18, 2023

Source Node: https://zephyrnet.com/top-10-fintech-news-stories-for-the-week-ending-march-18-2023/
Time Stamp: March 18, 2023 12:08 PM - Modified On: March 18, 2023 - Published By:
Source Cluster:
Published by Plato

The world of fintech is constantly evolving, and this week was no exception. From new developments in cryptocurrency to the latest advancements in blockchain technology, here’s a roundup of the biggest news stories from the world of fintech for the week of March 12-18, 2023. Cryptocurrency News: This week, the world’s largest cryptocurrency exchange, Coinbase, announced that it will be launching a new platform for trading digital assets. The platform will allow users to trade a variety of cryptocurrencies, including Bitcoin, Ethereum, Litecoin, and more. Coinbase also revealed that it

USDC Stablecoin Loses Dollar Peg Following SVB Collapse, Sparking Turmoil

Source Node: https://zephyrnet.com/svb-collapse-sparks-stablecoin-turmoil-as-usdc-loses-dollar-peg/
Time Stamp: March 12, 2023 5:33 AM - Modified On: March 12, 2023 - Published By:
Source Cluster:
Published by Plato

The recent collapse of Silicon Valley Bank (SVB) has caused a major disruption in the cryptocurrency market, with the USDC stablecoin losing its dollar peg and sparking turmoil. USDC is a digital currency created by Circle and Coinbase, two of the largest cryptocurrency exchanges in the world. It was designed to be a stablecoin, meaning it was pegged to the US dollar and would remain at a fixed value. However, following the collapse of SVB, USDC has been unable to maintain its dollar peg. This means that the value of

Coinbase Launches On-Chain Quests Program to Encourage User Activity

Source Node: https://zephyrnet.com/coinbase-nudges-users-on-chain-with-new-quests-program/
Time Stamp: March 12, 2023 4:47 AM - Modified On: March 12, 2023 - Published By:
Source Cluster:
Published by Plato

Coinbase, the world’s largest cryptocurrency exchange, has recently launched a new program called On-Chain Quests. This program is designed to encourage users to engage with the platform and increase their activity.The On-Chain Quests program provides users with rewards for completing certain tasks. These tasks can range from buying a certain amount of cryptocurrency, to trading a certain amount of cryptocurrency, to simply logging into Coinbase. Each task has a different reward associated with it, and users can earn rewards in the form of Coinbase points, which can be redeemed for

USDC Stablecoin Depegging Causes Concern Among Crypto Advocates, 5 Other Stablecoins Drop Below $1

Source Node: https://zephyrnet.com/usdc-stablecoin-depegging-causes-concern-among-crypto-advocates-5-other-stablecoins-slip-below-parity/
Time Stamp: March 11, 2023 4:30 PM - Modified On: March 11, 2023 - Published By:
Source Cluster:
Published by Plato

The recent depegging of the USDC stablecoin has caused concern among crypto advocates, with five other stablecoins dropping below the $1 mark. Stablecoins are digital assets designed to maintain a stable value, usually pegged to the US dollar or other fiat currency. The recent depegging of USDC, which is backed by the US dollar, has caused alarm among crypto advocates as it could signal a lack of trust in the asset. The USDC stablecoin is issued by the Centre Consortium, a joint venture between Circle and Coinbase. The coin is

5 Stablecoins Drop Below Parity Following USDC Depegging Concerns Among Crypto Advocates

Source Node: https://zephyrnet.com/usdc-stablecoin-depegging-causes-concern-among-crypto-advocates-5-other-stablecoins-slip-below-parity/
Time Stamp: March 11, 2023 4:30 PM - Modified On: March 11, 2023 - Published By:
Source Cluster:
Published by Plato

The cryptocurrency market has been abuzz recently with news that five stablecoins have dropped below parity following concerns about USDC depegging. Stablecoins are digital assets designed to maintain a stable value relative to a fiat currency, such as the US dollar. They are often used as a safe haven for investors who want to protect their assets from the volatility of the cryptocurrency market.The five stablecoins in question are TrueUSD (TUSD), Paxos Standard (PAX), USD Coin (USDC), Gemini Dollar (GUSD) and Binance USD (BUSD). All five of these stablecoins have

BlockFi’s Potential Exposure to Silicon Valley Bank Investigated by Circle, Other Firms Deny Involvement

Source Node: https://zephyrnet.com/circle-blockfi-may-have-exposure-to-silicon-valley-bank-other-firms-deny-exposure/
Time Stamp: March 10, 2023 11:20 PM - Modified On: March 10, 2023 - Published By:
Source Cluster:
Published by Plato

BlockFi, a financial services company that offers cryptocurrency-backed loans and other services, is facing potential exposure to Silicon Valley Bank (SVB) after a recent investigation by Circle, a digital asset platform. The investigation was prompted by an anonymous report that claimed BlockFi had been using SVB to process payments for its customers. BlockFi has denied any involvement with SVB and stated that it does not use the bank for any of its services. However, Circle's investigation has raised questions about the company's relationship with SVB. Circle has not released any