Report: Crypto Financial Services Firm Matrixport Seeks $100 Million in Funding

Crypto firm Matrixport Technologies is reportedly seeking $100 million in funding, according to people familiar with the matter. Sources detailed that the company already secured commitments from investors for roughly $50 million, which would give Matrixport a post-valuation of $1.5 billion. Matrixport Looks to Raise $100 Million From Strategic Investors The digital asset firm and crypto lender Matrixport is targeting $100 million from strategic investors, according to a story first reported by Bloomberg. The Singapore outfit was founded in 2019 by billionaire and former Bitmain CEO Jihan Wu. The financial…

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RLWC 2021 Concluded: CoinEx Witnesses the Big Moments as the Exclusive Cryptocurrency Trading Platform Partner

PRESS RELEASE. According to the official news, the Rugby League World Cup 2021 (RLWC 2021) drew to a successful close on November 19, 2022. Over the last month or so, this peak event presented global rugby fans with many brilliant moments. Meanwhile, CoinEx, the Exclusive Cryptocurrency Trading Platform Partner of RLWC 2021, also witnessed all the big moments of the athletes throughout the tournament. England won the Wheelchair Rugby League World Cup champion with a 28-24 triumph over France on November 18, 2022. The next day, Australia claimed the Rugby…

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Binance Publishes Its Proof-of-Reserves System for Bitcoin Holdings, Additional Assets Coming Soon

On Nov. 25, the largest cryptocurrency exchange in terms of daily trade volume, Binance, published its bitcoin proof-of-reserves (POR) system using The Merkle approach. At the time of writing, the snapshot provided by Binance shows the firm’s onchain reserves equate to 582,485 bitcoin, while the company’s customer net balance is roughly 575,742 bitcoin. Binance’s Bitcoin Proof-of-Reserves Ratio Is Currently 101% Binance has published the company’s proof-of-reserves system in regard to the bitcoin (BTC) cache the company holds. The POR feature is initially starting with Binance’s bitcoin holdings, but other “networks…

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Biggest Movers: XRP Climbs to 3-Week High, DOGE Nearly 10% Higher

Xrp rallied to a three-week high on Friday, breaking out of a long-term resistance level in the process. The token rose to its highest level since early November, as prices surged for a fifth straight session. Dogecoin also hit a multi-week high, rising by nearly 10% today. XRP XRP, formerly known as ripple, rose for a fifth straight session on Friday, with the token rallying to a three-week high. Following a low of $0.3792 on Thursday, XRP/USD rose to an intraday high of $0.4169 earlier today. The move saw XRP…

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