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ConsenSys Raises $450M in funding - Prime Crypto News

ConsenSys Raises $450M in funding - Prime Crypto News

Released Wednesday, 16th March 2022
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ConsenSys Raises $450M in funding - Prime Crypto News

ConsenSys Raises $450M in funding - Prime Crypto News

ConsenSys Raises $450M in funding - Prime Crypto News

ConsenSys Raises $450M in funding - Prime Crypto News

Wednesday, 16th March 2022
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  • Prices today -  Bitcoin price $39000 and Ethereum price $2600


  • ConsenSys Raises $450M in funding, valuing the company at over $7b, their products include Infura, Metamask and more. ConsenSys makes software that runs on the Ethereum blockchain and it was founded by Ethereum co-founder Joseph Lubin.


  • PayPal CEO, Dan Schulman is more hopeful and optimistic about cryptos changing and improving the financial system and less excited about the prices of the crypto going up.


  • U.K's National Crime Agency, NCA is concerned about Crypto being used for criminal activities, money laundering and sanctions evasion.
  • Thus, they want regulation for the Crypto Mixers or Crypto Tumbler. A crypto Mixer is a tool used to make a crypto transaction untraceable, which otherwise is traceable on the blockchain.


  • Kazakhstan shuts down over 100 Crypto mines in the country. Well-known Politicians and Business people were behind these including the brother of the former President of Kazakhstan.


  • Fake news circulated yesterday that crypto exchange PancakeSwap was hacked, but it was hacked exactly one year ago, in 2021, not in 2022. But some people retweeted this fake hack news without even seeing the post date, creating confusion and panic among the PancakeSwap users.


  • Singapore-based exchange Crypto.com is now available in the US to selected institutional investors and will be available to most of the users in the next few months.


That's all for today, see you in the next one.


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