Cryptozi - Crypto News

2021-12-18 13:05:19 African Startup Raises $6 Million From Pre-Series A Funding Round

Africa Blockchain Lab recently said it has raised $6 million from a pre-Series A investment round and will use the capital to fund the launch of a crypto wallet.

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2021-12-18 13:05:18 Open / Comment

2021-12-18 13:02:35 Kraken Ventures Raises $65 Million to Invest in Web3, Defi, Blockchain Startups and Protocols

The independent investment fund led by Kraken alumni that’s focused on early-stage companies and protocols, Kraken Ventures, announced the successful closing of its first fund at $65 million. Presently, the fund holds positions in platforms like Hashflow, Pstake, Acala, Blockdaemon, Anchorage, and Messari.

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2021-12-18 13:02:35 Open / Comment

2021-12-18 12:58:49 Vodafone auctions world’s first SMS 'Merry Christmas' as NFT for charity

The historic 15 character-long SMS will be auctioned off to help the displaced refugees across the globe.
British telco giant Vodafone has reportedly plans to auction the world’s first Short Message Service (SMS) in the form of a nonfungible token (NFT) on Dec. 21.

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2021-12-18 12:58:48 Open / Comment

2021-12-17 20:40:40 Crypto scammers ‘rug pulled’ $2.8 billion in 2021, over $7 million daily

Cryptocurrency investors lost more than $2.8 billion in 2021 as a result of ‘rug pulls,’ a colloquial name for a form of crypto scam.
Furthermore, the increase in scams coincides with an overall increase in crypto coin and token values this year, according to a report released by blockchain analysis platform Chainalysis on December 16.
With a total of $2.8 billion rug pulled, it equates to an average of $7.67 million stolen daily for all of 2021. Furthermore, while rug pulls contributed more than a third (37%) of the overall illegal funds from crypto schemes generated this year, they only accounted for 1% of the less than $5 billion in total illicit revenue by cryptocurrency scams in 2020.

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2021-12-17 20:40:40 Open / Comment

2021-12-17 20:35:37 Robinhood Launches Cryptocurrency Gifts Program

Robinhood announced Thursday the upcoming launch of Robinhood Crypto’s “Cryptocurrency Gifts Program.”
Users can gift as little as $1 in cryptocurrency, Robinhood’s website details, noting that it can take 3-5 days for the fund to settle.

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2021-12-17 20:35:37 Open / Comment