On February 28, Bitcoin and some altcoins resumed trading in the bullish trend zone as cryptocurrencies broke out above the moving averages. Nonetheless, the altcoins listed below are the biggest losers as cryptocurrencies continue to experience a downward correction.

GENERAL BYTES, one of the largest bitcoin and cryptocurrency ATM manufacturers, recently announced it has upgraded the BATMTwo, its most popular ATM model, with a permanent screen upgrade. The 7-inch touch screen is now a 10-inch screen, and all newly ordered BATMTwo ATMs will ship with this more ergonomic touchscreen. The new 10″ screen on […]

The post Crypto ATM company GENERAL BYTES upgrades popular model with new 10″ touchscreen appeared first on CryptoNinjas.

Singapore, Feb 22, 2022 - (ACN Newswire) - Singapore based web3 startup Atem Network has recently raised $3 million in its seed round led by INCE Capital. The other investors include GSR Ventures, Mask Network, Mirana Ventures, A&T Capital, Atlas Capital, Foresight Ventures, Zonff Partners, and Michael Zhang, Co-founder of Zhihu.

According to Atem Network, the fund will be used to build a multichain web3 social platform combining decentralized community and social trades. On the platform, group spaces can be initiated based on tokens and NFTs (both classified as crypto assets) allowing users to chat, trade and govern. This will create a community exclusively for crypto and NFT owners with strong mutual interests. Additionally, the team is working on sketching a user portrait layer based on on-chain data to serve different Dapp developers, including group spaces and channel recommendations in Atem. Unlike web2, all values created in this web3 community will be given back to the community members as rewards. Atem's long-term goal is to make full use of on-chain data to serve different Dapp developers and become the go-to one stop solution for the social infrastructure of web3.

Commenting on the fund raising, Leo Li, CEO of Atem Network, said, "We are at the brink of massive changes brought about by Web3 which will undoubtedly become a part of our daily lives in the future. It's our great honor to have the support from the community and participate in this epic trend. We will keep on building great products for the community, and focus on how to better serve community and social trades."

The founding team consists of young professionals with experience across top tier tech firms, investment banks and venture capital. Leo Li is a Tsinghua University alumnus. He worked as a product manager at TikTok and a venture capitalist at INCE Capital before he became an entrepreneur in web3. Eric Chan, COO of the project, former Head of Growth Product at Bybit, has 12 years of experience in finance, technology and crypto exchange sectors and served companies including Meta, TikTok, J.P.Morgan and HSBC.

About Atem Network

Founded in November 2021, the company is currently developing its chat tool product which aims for beta release in mid-March, 2022. Atem Network will be offering its very first 5,000 limited edition NFT passports to the crypto and NFT communities. Anyone who holds the passport will get first-hand experience on the Atem platform and additional future rewards. More information can be found on Atem's page (https://www.atemnet.com).

Social Links
Twitter: https://twitter.com/atem_network
Telegram: https://t.me/atem_official
LinkedIn: https://www.linkedin.com/company/atemnetwork
Discord: https://discord.gg/vdRGVpF7

Media Contact
Company: Atem Network Pte. Ltd.
Contact: Simone, Public Relations Director
E-mail: [email protected]
Website: https://www.atemnet.com/

SOURCE: Atem Network Pte. Ltd.

Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.com

Large and smaller hodlers alike are seizing the chance to stack, figures show, as on-chain data hints that the bottom is in at $38,000.

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The post Feds Seize $3.6 Billion in BTC Connected to Bitfinex Hack appeared first on Unchained Podcast.

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Brought to you by:  Speakers:  David Vergara, Senior Director of Security Product Marketing at OneSpan David Vergara is Senior Director of Security Product Marketing at OneSpan and has over 15 years of experience in cloud platforms/SaaS, predictive analytics, and advanced MFA technologies. His current role is focused on GTM strategy and execution across all authentication […]

Bitcoin and other cryptocurrencies have increased in value since February 4. This is due to Bitcoin rising above current support as bulls bought the dips. Moreover, the largest cryptocurrency has regained the psychological price level of $40,000 and held above it. This has helped the altcoins to recover as well.

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The post Unus Sed Leo (LEO) surges to all-time highs – But bullish momentum still remains appeared first on Coin Journal.