10T Holdings, a private equity firm backed by the likes of British billionaire Hedge Fund manager Alan Howard has raised a whopping $750 million from investors to launch its first-ever crypto fund. The new fund would offer investors exposure to the fast-growing crypto market.
Coinbase Inc. the first crypto exchange in the US to go public in April this year could face a potential lawsuit from the US Securities and Exchange Commission (SEC) for their unreleased lending product. The exchange in an official blog post revealed that the SEC intends to pursue legal action against them as they deem it as security.
Solana (SOL) price has been one of the best performing coins over the last few weeks as prices have risen from $70 to $190 in a little over two weeks. This price action has been truly impressive as SOL is now a top 10 cryptocurrency by market cap. Solana is a highly functional open source project that aims to provide decentralized finance solutions using its highly efficient blockchain.
Cardano has went on an amazing run over the last month as prices rose over 200% from $1.00 past $3.00. This price movement was largely credited to the anticipation of smart contract capabilities going live on the Cardano blockchain after nearly 4 years of hard work. To everyones surprise, the beta version of this capability went live last week & It was only able to process 1 transaction per block.