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Elliptic CEO on Raising $60M to Fund R&D, Expansion

Blockchain analytics firm Elliptic has raised $60 million in a Series C funding round to fund research and development (R&D) and international growth.

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What Does Celsius Network Want to Do With the Newly Raised $400M Amid Regulatory Scrutiny?

Cryptocurrency lender Celsius Network has raised $400 million in equity funding in a move to reassure lawmakers of the credibility of its business. Last month, the network received a cease-and-desist order from Kentucky’s securities regulator over interest earned on certain crypto accounts, following similar orders against its competitor BlockFi.

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Squid Game NFTs Traded on OpenSea; Bitcoin on a Roll

Squid game NFTs are now traded on OpenSea. Also, bitcoin is on a roll and McDonald's China celebrates its anniversary with an NFT collection. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

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Buterin Calls Mandatory Acceptance of Bitcoin in El Salvador Counter to Crypto’s ‘Ideals of Freedom’

Ethereum co-founder Vitalik Buterin criticized the forced adoption of bitcoin in El Salvador in a comment he made in a Reddit forum on Friday, noting that “making it mandatory for businesses to accept a specific cryptocurrency is contrary to the ideals of freedom that are supposed to be so important to the crypto space.”

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Paradigm, Led by Coinbase Co-Founder Fred Ehrsam, Looking to Raise $1.5B Fund

Paradigm, the cryptocurrency venture capital firm led by Coinbase co-founder Fred Ehrsam, is looking to raise a $1.5 billion fund for startup investments. "The Hash" team discusses the possible outlook for what could be one of the largest crypto-focused funds in the world of venture capital. 

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How Signing In With Ethereum Allows Users to Control Their Own Data

As the dangers of letting Facebook control online identities are becoming increasingly evident, some suggest using Ethereum wallets could be an alternative to allowing users better control their own data. "The Hash" hosts discuss the concept of decentralized identity, and how signing in with Ethereum could be a significant step towards that future.

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NFT Rentals: Why VCs Are Backing a Puzzling New Project

Animoca Brands is leading a $1.5 million bet on reNFT, a year-old decentralized autonomous organization (DAO) that lets you rent out NFTs on the Ethereum mainnet. The project is now backed by Lattice Capital, Play Ventures, MetaCartel Ventures and five other VC firms.

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Crypto Funds Double Weekly Inflows to $226M

Crypto-focused funds took in more than double the amount of new money last week than the prior week as bullish sentiment returned to the bitcoin market. Digital asset investment products saw a total of $226 million in inflows during the week ended last Friday, up from $90 million the week before.

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GSR USA CEO: Bitcoin Will Be Back at $65K

Trey Griggs, CEO of GSR USA, discusses his bullish forecast for bitcoin, citing the value of the Bitcoin network, a pending bitcoin ETF approval, increase in transaction activity and in-person meetings. Plus, his take on the U.S. crypto regulatory landscape.

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What to Watch in Bitcoin This Week

Bitcoin’s price continues to rise, up more than 4% on the day. Patrick Heusser, head of trading at Crypto Finance AG, discusses his crypto markets analysis and outlook, explaining what he sees as drivers for positive or bullish sentiment around bitcoin.

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