Portal, the provider of a decentralized Bitcoin ecosystem, announced on Jan. 30 that it has raised $ 34 million via a seed funding round. Portal said the raised capital is set to fund the development of a decentralized exchange platform and a wallet. Layer 2 Atomic Swap Technology Portal, a fintech provider advancing …
Bitwise Plans to Seed Spot Bitcoin ETF With $200 Million, SEC Filing Shows
Bitwise has revealed in an amended filing with the U.S. Securities and Exchange Commission (SEC) a plan to seed its spot bitcoin exchange-traded fund (ETF) with $ 200 million. This significantly exceeds Blackrock’s $ 10 million seed commitment for its spot Bitcoin ETF that’s planned for Jan. 3. Bitwise’s $ 200 Million …
Blackrock Reveals Plan to Seed Spot Bitcoin ETF With $10 Million on January 3
Blackrock has revealed a plan to seed its spot bitcoin exchange-traded fund (ETF) with $ 10 million on Jan. 3. The world’s largest asset manager has engaged in six recent meetings with the U.S. Securities and Exchange Commission (SEC) to address its filing. In response to the SEC’s concerns, the firm has opted for …
Jack Dorsey’s Block Launches Bitkey: A New Self-Custody Bitcoin Wallet With No Seed Phrases
Block, Inc. has recently introduced Bitkey, its innovative self-custody bitcoin wallet, offering a unique approach to bitcoin management. Unlike traditional wallets which rely on passwords or seed phrases, Bitkey utilizes a distinctive 2-of-3 multi-signature mechanism for recovery. Bitkey Wallet Approach Ditches Traditional Seed Phrases Bitkey, conceived and built by Block, Inc. (formerly Square, Inc.), is […]
Hardware Wallet Firm Trezor Rolls Out New Safe 3 Model, Metal Seed BackupÂ
Trezor, a leading hardware wallet manufacturing company, unveiled three new products on Thursday aimed at both novice and experienced cryptocurrency users who want to securely self-custody their digital assets. The Prague-based firm launched the Trezor Safe 3, the firm’s latest generation hardware wallet available in four colors; the Trezor Keep Metal, a backup device for […]
Blockchain Data Visualization Startup Bubblemaps Secures $3.2M in Seed Funding
Paris-based Bubblemaps, a firm specializing in blockchain data visualization, announced on Monday that it had secured $ 3.2 million in seed funding from a group of investors. Bubblemaps stated that the newly acquired funds would be directed toward a mission to increase access to blockchain data, serving both individuals and institutions. Bubblemaps Raises $ …
Pro Trader-Focused NFT Marketplace Blur Secures $11 Million in Seed Round Led by Paradigm
On March 28, the non-fungible token (NFT) marketplace Blur announced the company has raised $ 11 million in a seed round led by Paradigm. The NFT marketplace Blur says the startup is focused on building an institutional-grade NFT market that’s made “for pro traders.†Blur Raises $ 11 Million to Craft the …