The biggest event of last week for the blockchain & cryptocurrency world is crypto tracing firm Elliptic reporting that funds collected by the sudden scam that breached Twitter
Here is the rest of the week in review:
Lightning Network startup Zap Inc., creator of the Zap non-custodial Bitcoin wallet and the payments app Strike, raised its first round of $3.5 million in April, led by Green Oaks Capital and veteran crypto investor Anthony Pompliano. Forbes first reported the funding raise on Wednesday. Founder Jack Mallers' startup is now the latest darling in the Green Oaks portfolio, as the firm previously invested in booming fintech unicorns Robinhood and Stripe. Investor Colleen Sullivan of CMT Digital said: "We believe that Zap/Strike will bring the use of the Bitcoin protocol and the Lightning Network to the masses, resulting in a much more efficient and cost-effective way for users to send and receive money while abstracting away the complexities of the underlying technology." The Zap team plans to issue a Visa
Waves Enterprise and Microsoft's
Crypto prices edged down to $270 billion this week. For the majors, all were red except Chainlink (LINK), which soared 17% into the top 10, with Bitcoin SV (BSV) and Bitcoin Cash (BCH) posting the worst losses. In the top 100, the biggest losers were Ampleforth (AMPL), down 34%, Nexo (NEXO), down 15%, and Quant (QNT), down 14%. The biggest gainers were Aurora (AOA), up a whopping 398%, Nimiq (NIM), up 164%, and Swipe (SXP), up 106%. Next week traders will watch if crypto can make a big move.
The author owns a small amount of BTC.
- 1. https://www.coindesk.com/twitter-hacker-is-mixing-bitcoin-loot-using-a-wasabi-wallet-elliptic-says
- 2. https://www.coindesk.com/lightning-startup-zap-raised-3-5m-for-bitcoin-app-ahead-of-visa-deal
- 3. https://medium.com/waves-enterprise/waves-enterprise-and-microsoft-announce-partnership-5859dc579234