State

Gelato Network raises $11 million in Series A funding led by Dragonfly Capital

Source Node: https://www.theblockcrypto.com/post/119135/gelato-network-smart-contract-automation-funding?utm_source=rss&utm_medium=rss
Time Stamp: September 30, 2021 9:00 AM - Modified On: September 30, 2021 - Published By:
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Gelato Network, a protocol that helps automate smart contract execution on Ethereum and other blockchains, has raised $11 million in a Series A funding round.Dragonfly Capital led the round, with ParaFi Capital, Nascent, IDEO CoLab Ventures, and Stani Kulechov, founder and CEO of Aave, also participating. This was a token sale round and the fresh capital will help support more blockchains, Gelato co-founder Hilmar Orth told The Block. Gelato Network currently supports Ethereum, Polygon, and Fantom blockchains and it is looking to add support for Arbitrum, Optimism, Binance Smart Chain,

Litecoin’s comeback is possible provided this happens

Source Node: https://ambcrypto.com/litecoins-comeback-is-possible-provided-this-happens/
Time Stamp: September 27, 2021 7:30 AM - Modified On: September 27, 2021 - Published By:
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Litecoin’s price has seen its own share of ups and downs this month. However, of late, the downs have been more prominent than the ups on the charts. Inevitably, the alt’s market cap shrank. As a result LTC has slipped on CoinMarketCap’s rankings chart as well. The alt that was once a part of the top 10, occupied the 16th position at the time of writing. Barring one instance since 7 May, LTC was evidently trading below $200. In fact, its press time state was even worse with the alt

Bitcoin Price Forecast: BTC Bulls Keep Pushing To $48,000

Source Node: https://coingape.com/bitcoin-price-forecast-btc-bulls-keep-pushing-to-48000/
Time Stamp: September 27, 2021 12:06 AM - Modified On: September 27, 2021 - Published By:
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By John Isige Published 9 hours ago Updated 9 hours ago Bitcoin price rises above $44,000 after bulls defended support at $40,000 all weekend long. Bulls have eyes glued on the supply zone at $48,000, but first, the 200-day and the 50-day barriers must come down. Bitcoin remained stable above $40,000 throughout the weekend. Buyers managed to lift the largest cryptocurrency above $42,000 and closed the gap to $44,000. At writing, the bellwether cryptocurrency is dancing slightly above $44,000 while bulls put a fight to ensure that BTC closes the

Wall Street-Style Crypto Regulation Coming, Says Kraken Lawyer

Source Node: https://beincrypto.com/wall-street-style-crypto-regulation-coming-says-kraken-lawyer/
Time Stamp: September 24, 2021 6:45 AM - Modified On: September 24, 2021 - Published By:
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The cryptocurrency industry should brace for ‘Wall Street-style’ regulation, according to Kraken Chief Legal Officer Marco Santori.Sponsored Sponsored “You’re just living in a fantasy world if you don’t believe that this industry is going to face heavier, more Wall Street-like regulation from governments in the U.S. and abroad, and Kraken has simply been practical about that future,” Santori told Bloomberg. Authorities have been cracking down on the cryptocurrency industry over the past few months, taking issue with everything from stablecoins to decentralized exchanges to lending products. As warnings mount from state

With BlockFi, Celsius under the radar now, what next for crypto-regulations

Source Node: https://ambcrypto.com/with-blockfi-celsius-under-the-radar-now-what-next-for-crypto-regulations/
Time Stamp: September 24, 2021 4:30 AM - Modified On: September 24, 2021 - Published By:
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The New Jersey Bureau of Securities has once again delayed the enactment of the cease-and-desist order it had issued for new interest accounts with crypto-lender BlockFi. The firm announced the extension on Twitter. It is the third time such a delay has come to pass after the regulator initially issued the order back in July. This was followed by a host of other state regulators issuing similar orders against the crypto-firm over its offerings. According to these agencies, these offerings fall under the definition of a security. Now, while BlockFi

African Weather Balloon Project Uses Blockchain to Track Climate in West Africa

Source Node: https://news.bitcoin.com/african-weather-balloon-project-uses-blockchain-to-track-climate-in-west-africa/
Time Stamp: September 24, 2021 4:00 AM - Modified On: September 24, 2021 - Published By:
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According to the findings of one study, nearly 91% of deaths from natural disasters recorded between 1970 and 2019 occurred in developing countries. This study adds that such a high number of deaths is largely due to a lack of early warning systems and disaster management protocols. Using Blockchain to Store Climate Data It has been shown that improvements in technology can help to lower the number of lives lost as a result of flooding or cyclones. Unfortunately for third world countries, their poor access to centralized data which is

California named ‘most crypto ready’ US state

Source Node: https://cointelegraph.com/news/california-named-most-crypto-ready-us-state
Time Stamp: September 18, 2021 12:30 PM - Modified On: September 18, 2021 - Published By:
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California has emerged as the most crypto-ready jurisdiction in the United States thanks to the proliferation of cryptocurrency ATMs and growing interest in digital assets among the state’s population, according to new industry research from review site Crypto Head. With a score of 5.72 out of 10, California edged out New Jersey (5.44), Texas (5.28), Florida (5.03) and New York (4.29) in the crypto-ready index. The state’s point total was also 2.54 points higher than the national average. The results were tabulated using metrics such as crypto-related Google searches, the presence

Bitcoin Mining Company Greenidge to List on Nasdaq Under Ticker GREE

Source Node: https://beincrypto.com/bitcoin-mining-greenidge-nasdaq-gree/
Time Stamp: September 14, 2021 3:59 AM - Modified On: September 14, 2021 - Published By:
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The Greenidge bitcoin mining company will be listed on the Nasdaq stock exchange on Sept 15, according to an SEC filing.Sponsored Sponsored Greenidge, a bitcoin mining and power generation company that operates in New York, will be listed on Nasdaq on Sept 15. An SEC filing shows that the company’s shares will run under the GREE ticker, and the news follows a previous update that disclosed a merger transaction to be completed on Sept 14. Greenidge and Support.com, which is listed on Nasdaq, merged in March 2021. The closure of

Baanx Acquires Stake in Major US Fintech Bank

Source Node: https://www.acnnewswire.com/press-release/english/69400/
Time Stamp: September 6, 2021 6:04 AM - Modified On: September 6, 2021 - Published By:
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LONDON, Sept 6, 2021 - (ACN Newswire) - Baanx, the fast-growing B2B2C "Better than a Banking Platform" specialising in fintech services & lending, becomes the third-largest shareholder in the United States regulated Maxwell State Bank in a multi-million-dollar deal to enhance cybersecurity and banking access to communities throughout America.Maxwell State Bank is a fintech bank and VISA Principal Member established circa 1943 in Iowa. With total assets of $29,655,000 and deposits of $25,058,000 Maxwell has been FDIC certified since 1943 for insured deposits. Maxwell was acquired by serial fintech entrepreneur Ronald Ingram, founder of

Top-10 Aspiring Altcoins to Watch in September

Source Node: https://beincrypto.com/top-10-aspiring-altcoins-watch-september/
Time Stamp: September 2, 2021 6:12 AM - Modified On: September 2, 2021 - Published By:
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This article will take a look at ten cryptocurrencies that have interesting developments lined up for the month of September, which could also have a positive effect on their price.Sponsored Sponsored Cardano (ADA) Current Price: $3.03Market Cap: $91 BillionMarket Cap Rank: #3 Cardano was founded in 2017 by Charles Hoskinson, who is also a co-founder of Ethereum (ETH). It is a proof-of-stake platform, whose native token is ADA. It is one of the biggest blockchain platforms to utilize the proof-of-stake instead of the proof-of-work consensus. The Alonzo testnet was launched

Is Cardano Finally Ready To Blast Through $3.00? Analyst Benjamin Cowen Looks at State of ADA

Source Node: https://dailyhodl.com/2021/08/29/is-cardano-finally-ready-to-blast-through-3-00-analyst-benjamin-cowen-looks-at-state-of-ada/
Time Stamp: August 29, 2021 5:00 AM - Modified On: August 29, 2021 - Published By:
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Widely followed crypto analyst and trader Benjamin Cowen is weighing in on what could lie ahead for Cardano’s (ADA) bull run. In a new strategy session, Cowen says Cardano’s near future relies heavily on one simple metric involving Bitcoin. According to the crypto strategist, as long as Bitcoin stays above its 20-week moving average – currently around $42,500 – ADA has more room to run.  ADVERTISEMENT   “Is ADA likely to hit $3.00? The answer to that question likely is just if Bitcoin stays above the 20-week [moving average], it