underbanked

Valkyrie to unveil $100 million DeFi fund next week

Valkyrie Investments has announced the establishment of a $100 million decentralized finance fund aimed at institutional investors.  The fund will provide exposure to the fast-growing sector of decentralized finance, popularly known in the crypto community as DeFi. It is expected that the “On-Chain DeFi fund,” which will go live on November 22, would invest in approximately a dozen protocols dispersed across 13 blockchains. Accredited investors in the United States and abroad will be allowed to participate in the fund. More info on Valkyrie’s DeFi hedge fund According to Wes Cowan,

Fortune Publishes their Most Disgusting Bitcoin Article Yet. Here’s Why.

Just when you thought Fortune couldn’t sink any lower with their Bitcoin slander, the publication tries to relate a neutral technology to “the alt-right” and “white supremacists.” Is this what journalism has devolved into? Unfortunately, in the case of Fortune, the answer is yes. This is not the first time they have used their publication as a weapon. They’ve tried to slander Bitcoin numerous times before, and there’s a concrete reason for that. Related Reading | Bitcoin And Crypto Adoption Soars 880% In 2021, This Is What’s Driving It Before

Bitcoin Depot Among Inc. Magazine’s 5000 Fastest Growing Companies

For the second year in a row, Bitcoin Depot appeared in Inc. Magazine’s list of 5000 fastest-growing private companies.Sponsored Sponsored The world’s largest and fastest-growing crypto ATM network, ranked No. 357 on the list, after its spot at No. 1,103 last year. President and CEO of Bitcoin Depot Brandon Mintz highlighted that the recognition coincided with the five-year anniversary of the company.  “Given last year’s unexpected circumstances and the pandemic environment, we were fortunate that we were able to continue building our brand while serving the underbanked community on a

U.S. Crypto ATM Network Helps to Promote Social Distancing

Bitcoin Depot, the largest Bitcoin ATM operator in the world, has begun powering down some of its machines in an effort to halt further spread of COVID-19.As much of the world sits in quarantine, Bitcoin Depot has chosen to temporarily shut off crypto ATMs which specifically reside in high traffic areas. The company is undertaking this push as a way to encourage social distancing.“As we monitor the ongoing situation, the number of locations temporarily taken offline will likely increase,” Bitcoin Depot’s director of product, Alona Lubovnaya, told Cointelegraph in an