On Thursday, the Near Foundation announced the project has raised $150 million from strategic investors such as Three-Arrows Capital, a16z, Mechanism Capital, Dragonfly Capital, and Circle Ventures. Following the announcement, the Near protocol’s native crypto asset jumped more than 7% against the U.S. dollar. Near Foundation Gets a $150 Million Capital Injection The team behind […]
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Bitcoin is down over 40% from its all-time highs following hints from the Federal Reserve that it may raise interest rates to combat surging inflation. According to the Fed’s minutes from its December meeting, “expectations for a reduction in policy accommodation shifted forward notably” among participants, and that rate hikes may end up coming sooner […]