Search
Crypto VC Firm Polychain Capital Raises $200M for Fourth Fund: Fortune
18.7.2023
he crypto-focused firm has also cut three members of its research and development staff
U.S. Spot Bitcoin ETF Approval Clock to Start Wednesday as 8 Applicants Named on Federal Register
18.7.2023
The clock for the SEC approval process of spot bitcoin exchange-traded fund (ETF) applications will begin Wednesday after all eight applicants, including BlackRock, were listed in the Federal Register
Messaging Platform Telegram Has Issued $270M in Bonds to Fund Growth
18.7.2023
"I personally bought about a quarter of the new Telegram bonds," said Pavel Durov, the CEO of the popular but not-yet-profitable platform
Brazilian Central Bank Digital Currency Raises Alarm as Developer Uncovers Fund Freezing Feature
17.7.2023
A blockchain developer has found a code in Brazilian central bank-backed digital currency (CBDC) that would allow the government to freeze accounts or even drain them at will.
Founder of Web3 consulting company Iora Labs and blockchain developer Pedro Magalhaes took to social media to reveal...
SEC Accepts Blackrock’s Bitcoin ETF Application
17.7.2023
The U.S. Securities and Exchange Commission (SEC) has accepted the application for a bitcoin exchange-traded fund (ETF) filed by asset manager Blackrock. The move indicates the regulator is preparing to seriously consider a bitcoin ETF and could eventually set the stage for wider adoption of crypto...
Blackrock CEO Larry Fink Says Crypto Will ‘Transcend Any One Currency’ — Sees Broad-Based Global Interest
17.7.2023
Larry Fink, the CEO of the world’s largest asset manager, Blackrock, says crypto is so international that it will transcend any one currency. Regarding Blackrock’s bitcoin exchange-traded fund (ETF) filing with the U.S. Securities and Exchange Commission (SEC), the executive stressed: “We...
Yellen Champions Ukraine Support as ‘Single Best Thing We Can Do for the Global Economy’ Ahead of G20 Summit
16.7.2023
Janet Yellen, serving as the 78th U.S. Treasury secretary, emphatically declared on Sunday that bolstering Ukraine represents “the single best thing we can do for the global economy.” Furthermore, Yellen expressed caution regarding the premature removal of trade constraints against China,...
Europe Expects Its First Bitcoin ETF This Month, Report
16.7.2023
Europe’s first bitcoin exchange-traded fund (ETF) is set to launch in July after a 12-month delay caused by the crypto winter. The fund has been authorized in Guernsey, a more flexible jurisdiction, which will ostensibly help to avoid some of the regulatory challenges associated with the European...
IMF Has Not Seen Specific Proposal on BRICS Currency
16.7.2023
The International Monetary Fund (IMF) has not seen any specific proposal on a common BRICS currency. However, the IMF acknowledges the presence of “slow-moving trends” indicating shifts in the currency composition of reserves and trade. The Fund’s statement followed reports that...
Pantera Founder Dan Morehead Predicts Upcoming Bull Market: ‘We Can Rally Now’
15.7.2023
Dan Morehead, founder and managing partner of Pantera Capital, a digital assets investment hedge fund, has predicted an upcoming bull market for cryptocurrency. In Pantera’s latest letter, Morehead states that blockchain-related assets have started to decouple from market indexes and that...
Crypto Distress Prompts Fir Tree, a Hedge Fund, to Seek Profit From Turmoil
14.7.2023
“Fir Tree is at its best when we identify opportunities that are mispriced, dislocated or complex. Rarely do we encounter situations that are all three, but that is precisely what we are seeing in digital assets right now,” Fir Tree said
Neo APAC Hackathon Kicks Off at Tokyo GAS Station: Uncovering Local Web3 Talents and Empowering Regional Development
14.7.2023
PRESS RELEASE. Neo, the open-source, community-driven blockchain platform where developers are building the future Smart Economy, today announces the launch of its new APAC Hackathon in partnership with OKX. The event includes a total prize pool of $120,000 for event winners and a post-hackathon...
Central Bank of Argentina Accelerates Yuan Sales and Dollar Purchases as Reserves Dwindle
14.7.2023
The Central Bank of Argentina has accelerated the sale of its Chinese yuan stash, using part of the swap line provided by the government of China while it tries to acquire dollars simultaneously. According to local sources, the country’s reserves have plunged to their lowest levels in eight...
Temasek Has No Immediate Intentions to Invest in Crypto Exchanges After FTX Loss
13.7.2023
Singapore’s state-owned investment fund Temasek does not plan to put money into crypto firms amid the current regulatory uncertainty, according to a top executive. The statement comes months after Temasek lost $275 million from its involvement in the failed cryptocurrency exchange FTX. Temasek...
PwC hedge fund survey finds crypto remains viable despite recent market turmoil
12.7.2023
The portion of traditional hedge funds investing in crypto fell, but many of those still in the market plan to increase crypto investing this year
Tim Draper-Backed Fund Joins $5M Series A for LunarCrush
12.7.2023
The social media analytics platform is expanding from a digital asset trading focus to allow users to search for any topic
Bitcoin continues dominance as 3rd week of fund inflows correct previous months’ outflows
11.7.2023
Blockchain equities inflows reached a recent high of $15 million as well. However, total trading volume dropped
Brevan Howard Joins $12M Round for Liquid Staking Protocol Alluvial
11.7.2023
Ethereal Ventures and Variant co-led the round for Alluvial, creator of the enterprise and institution-focused Liquid Collective
Lido Protocol's LDO Token Included as Second-Largest Holding in Grayscale's DeFi Fund
10.7.2023
The digital asset management firm Grayscale added Lido liquid staking protocol’s governance token to its DeFi fund.
The firm announced that it has adjusted the DeFi fund’s portfolio by selling certain amounts of the existing Fund Components in proportion to their respective weightings, and using...
Grayscale Adds Lido’s LDO Token to Defi Fund, Token Becomes Second-Heaviest in Fund’s Basket
9.7.2023
On July 7, 2023, the digital asset manager Grayscale Investments published an update on three of its funds — the Digital Large Cap Fund, the Defi Fund, and the Smart Contract Fund. Although no new tokens were added to two of the funds, Grayscale revealed that it added Lido DAO’s...