XCarnival Secures $2 Million Seed Investment

Synthetic assets open up several opportunities for investors by not confining them to a specific location. If the concept excites you, there’s good news from XCarnival. Recently, XCarnival announced it has secured a two-million US dollar seed investment in its quest to reinvent synthetic assets in crypto. This investment was led by top crypto funds…

El Salvador to Mine Bitcoin With Energy From Volcanoes: ‘100% Clean, 100% Renewable, 0 Emissions’

El Salvador has begun exploring bitcoin mining using energy from its volcanoes, President Nayib Bukele has revealed. “Our engineers just informed me that they dug a new well that will provide approximately 95MW of 100% clean, 0 emissions geothermal energy from our volcanos,” he detailed. Bitcoin Mining Using Volcanoes’ Energy El Salvador President Nayib Bukele…

Bitcoin may soon be classified as a regulated ‘asset’ in India

According to a story in India’s local daily the New Indian Express this morning, lawmakers are considering classifying Bitcoin as an “asset” regulated by the Securities and Exchange Board of India (SEBI). Regulation for Bitcoin incoming? SEBI will be in charge of overseeing Bitcoin activities in India and classifying it as a valid, regulated ‘asset.’…

Funding Roundup: Innovative Projects Attract Bigger Sums from Global VCs and Angel Investors

Amidst the stratospheric rise of defi and heightened demand for unique and innovative solutions, the global community of angel investors and VC firms is continuously engaging in private funding rounds and token sales. The resulting flood of capital demonstrates that entrepreneurs and startups play their part in developing a new generation of blockchain technology. Balancer…