Someone paid $2.6 million in fees to move $134 worth of crypto and oops

[ad_1] There are typos, and then there are typos.  Someone appears to have made a mistake this morning when transferring the cryptocurrency ether (ETH), the younger sibling to bitcoin, from one digital wallet to another. After all, when moving around $134 dollars worth of digital currency, it hardly seems like anyone would intentionally pay a…

The Sun Exchange raises $3M for crypto driven solar power in Africa – TechCrunch

[ad_1] South Africa based renewable energy startup Sun Exchange has raised $3 million to close its Series A funding round totaling $4 million. The company operates a peer-to-peer, crypto enabled business that allows individuals anywhere in the world to invest in solar infrastructure in Africa. How’s that all work? “You as an individual are selling…

Crypto hedge funds struggle to recover from “bloodbath”

[ad_1] Yuriko Nakao | Getty Images Vlad Matveev has learned the hard way how volatile cryptocurrency hedge funds can be. The 50-year-old Muscovite invested $250,000 last year with California-based Cryptolab Capital, which targeted double-digit gains from trading crypto regardless of whether the market rose or fell. But Matveev said his investment fell 98.5 percent in…