The Latest Tech News in Crypto and Blockchain Meso, a payment platform that connects banks and blockchains, has raised $9.5 million in a seed round led by Solana Ventures and Ribbit Capital. Other participants include 6th Man Ventures, Canonical Crypto, Phantom Co-Founder Chris Kalani, Pinterest CEO Bill Ready, and Archie Puri of Bodhi Labs. The … Read more
Flood, a protocol for order routing, management, and settlement, secured $5.2M in seed funding from Bain Capital Crypto, Archetype, and Robot Ventures. The team stated that Flood offers dApp developers tools to manage their application’s order flow, and is the only DEX with operational hooks on the market. This feature allows traders to settle transactions … Read more
Bitcoin Pulls Back to $42K; Venezuela Shutters Petro Crypto Project J.P. Morgan’s research report suggests that the approval of new spot bitcoin exchange-traded funds (ETF) by the U.S. Securities and Exchange Commission may not attract as much fresh capital as some market participants anticipate. Although the amount of new capital these ETFs will attract is … Read more
New Reports Shows How Much Capital Was Pulled Out Of Crypto In August According to a report by Bitfinex, the crypto market experienced a capital outflow of around $55 billion in August. This is the largest capital drain this year, with most of it coming from two isolated events, including a flash crash that caused … Read more
