Odsy Secures $7.5 Million in Funding for Decentralized Cryptocurrency Development
Swiss company Odsy was valued at $250mn in a new round of financing. Odsy has raised $7.5 million to continue developing decentralized cryptocurrencies. "Just as each online account requires a login, each blockchain requires a separate wallet, and tracking ...
Texas Senator Ted Cruz introduces bill to prevent US Federal Reserve from launching digital currency
Senator Ted Cruz of Texas has put forward a proposal to stop the US Federal Reserve (Fed) from releasing its own digital currency for the retail market. According to the Republican senator, the bill would prohibit the government from utilizing the digital dollar to oversee the populace's financia ...
ARK Invest CEO: Cryptocurrencies are now seen as protective assets during US banking crisis
During the ongoing banking crisis in the United States, the perception of cryptocurrencies has shifted from a risky asset to a protective asset, according to Cathie Wood, the CEO of investment fund ARK Invest. Wood blames the US Federal Reserve and other regulators for the collapse of Silicon Val ...