Offline Travel App Maps.Me Raises $50M in Funding Round Led by Alameda Research

An offline mobile map for travelers has raised $50 million in a funding round led by Alameda Research. Announced Monday, the fresh capital will go toward the launch of a multi-currency wallet on Maps.me and enable a decentralized finance (DeFi) ecosystem on the platform. Cryptocurrency lender Genesis Capital and institutional cryptocurrency firm CMS Holdings also participated in […]

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Bitcoin Miners Aren’t Responsible for Recent Price Dips, Data Shows

“Miners are selling” is a popular trope used to explain bitcoin’s occasional downward price action. But on-chain data doesn’t support this narrative, according to analysts and mining pools themselves. After bitcoin’s correction earlier this week to the tune of nearly 30%, miners were a popular scapegoat. But miners have been extremely consistent in their selling habits […]

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Galaxy Digital Launches Proprietary Mining, Miner Financial Services

Galaxy Digital (GLXY) has announced the launch of its miner financial services and proprietary mining operations. Per a release, the publicly traded digital asset management firm is integrating its existing business lines to miner-focused financial services – internally referred to as "MiFi" – including lending, investment, and risk management offerings. Galaxy Digital Mining, the firm's […]

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