Fed Chair Jerome Powell Says Dogecoin and Gamestop Hype Highlights ‘Froth in Equity Markets’

Federal Reserve Chair, Jerome Powell, discussed a number of topics this week such as inflation and central bank digital currencies (CBDCs) following the multi-day Federal Open Market Committee (FOMC) meetings. The central bank’s lead executive was asked about feverish stocks like Gamestop shares and the crypto asset dogecoin. Powell said that the Federal Reserve aims […]

Billionaire Mark Cuban Defends Bitcoin, Ethereum, Dogecoin and Maker, Says Crypto Critics Are Mistaken

Billionaire investor Mark Cuban is in a friendly battle with legacy finance executive Peter Mallouk over the viability of crypto assets. Mallouk, a certified financial planner and the president of wealth management firm Creative Planning, questioned Cuban on Twitter for saying there is a chance Dogecoin (DOGE) goes up in value over the longterm. Cuban quickly fired […]

Beijing Is Collecting Data From Local Datacenters Involved in Cryptocurrency Mining Activities

Beijing's Government Is Collecting Data From Local Datacenters Involved in Cryptocurrency Mining ActivitiesAuthorities in Beijing have been conducting checks on cryptocurrency mining datacenters to assess and understand its energy consumption and thus the impact on the electric infrastructure. Although it was reported as a rumor by international media outlets, Chinese state media confirmed it. Authorities Sent an ‘Emergency Note’ to Three Biggest Telecom Operators As first reported […]

Crypto custodian Finoa closes $22M Series A funding round led by Balderton Capital

CryptoNinjas » Crypto custodian Finoa closes $22M Series A funding round led by Balderton Capital

Finoa, a German-based regulated custodian for crypto-assets, offering investors storage and staking services, announced it has closed a $22 million Series A funding round to fuel its plans for growth. This new round was led by European venture capital firm Balderton Capital, with further participation from existing investors Coparion, Venture Stars, and Signature Ventures, as well as an undisclosed […]

CryptoNinjas » Crypto custodian Finoa closes $22M Series A funding round led by Balderton Capital