Cryptocurrency futures witness $550M liquidations in 24 hours amid Bitcoin's rollercoaster, reaching $68K before plummeting. Longs and shorts suffer, altcoins like DOGE and SHIB also hit. Leverage rises with BTC nearing all-time high, while SHIB's movement signals potential bearish sentiment.
Xu LinBloomberg also reported earlier this month that OpenAI is raising new funding at a valuation of $100 billion, which is about 62 times ARR, which is equivalent to 20 times ARR if $5 billion ARR is achieved by the end of next year.
JinseFinanceThe team behind Diem, a project launched and abandoned by Meta (formerly known as Facebook), is moving fast with the ...
BitcoinistTether has yet to issue a statement explaining exactly why it blacklisted the three addresses, but it has done so before to comply with law enforcement and to assist the exchange after a cyberattack.
CointelegraphFormula One team Red Bull Racing has entered into a multi-year partnership worth $50 million per year with crypto exchange Bybit.
CointelegraphThe total NFT sales of Solana's first-layer blockchain network has risen to the third place in history, and it is now second only to Ronin and Ethereum, which are far ahead.
CointelegraphDragonfly, a well-known name in the venture capital space, will use the funds to invest in early-to-mid-stage projects in the crypto ecosystem.
CointelegraphSince the hack of Axie Infinity’s Ronin bridge, developers behind the game have raised $150 million to reimburse the affected users.
CointelegraphChris Dixon has topped the Forbes “Midas List” as the most successful venture capital investor in 2022.
CointelegraphDragonfly, a well-established figure within the venture capital scene, will utilize the capital to invest in early- to mid-term projects within the crypto ecosystem.
Cointelegraph