Ripple has raised $500 million in a new strategic investment round led by Fortress Investment Group and Citadel Securities, valuing the crypto firm at $40 billion. Other participants included Pantera Capital, Galaxy Digital, Brevan Howard and Marshall Wace. “This investment reflects both Ripple’s incredible momentum, and further validation of the market opportunity we’re aggressively pursuing […]
Ethereum’s ether ETH$3,236.79 just tumbled more than 20% by Tuesday in a two-day rout that almost look like the October 10 crash. Trading just below $4,000 early Monday, the second-largest cryptocurrency by market cap tumbled to nearly $3,000 by Tuesday afternoon U.S. hours, touching its weakest level since mid-July. That’s the second severe correction in […]