Bitcoin layer-2 network Mezo raises $21m in Pantera-led funding round

A Bitcoin (BTC) secondary network named Mezo has come out of the shadows, having secured $21 million in investment funds. Pantera Capital took the lead in funding this round, with participation from Multicoin, Hack VC, ParaFi Capital, Nascent, Draper Associates, Primitive Ventures, and Asymmetric Ventures. Several individual investors, among them Dan Held, Tim Draper, and … Read more

Edward Snowden is not worried about Bitcoin prices dropping

After yesterdays shocking $900 million loss in the crypto market, causing alarm on social media, Edward Snowden appears calm and unfazed. Approximately 5% is the amount by which the total cryptocurrency market value has decreased compared to the previous day. Meanwhile, the meme coin sector has experienced a more significant drop, down by around 13%. … Read more

The crypto industry will only benefit from regulation | Opinion

Starting from Bitcoin‘s debut in 2009, cryptocurrencies have gained immense popularity. As of 2022, the market was home to over 10,000 distinct tokens, encompassing a diverse range: established coins such as Bitcoin and Ethereum, stablecoins whose values are tied to traditional currencies, novel meme coins, and altcoins backing numerous projects. Cryptocurrencies offer swift and affordable … Read more

Bitcoin ETFs see $55m net outflow, as BTC drops to $65k

Spot Bitcoin ETFs, or exchange-traded funds, saw a net outflow of $55 million on Friday, April 12. The data indicates a change in direction after ETFs experienced nearly $215 million in combined inflows for the previous two days. Bitcoin ETFs ahead of halving Based on information from SoSo Value, the biggest amount, totaling $166 million, … Read more