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Terra-Victim Invictus Capital Defaults on $1M TrueFi Loan
1.11.2022
This is the second time in a month that a lender defaulted on an unsecured loan on decentralized lending protocol TrueFi
Lender Generate Capital to Buy Bankrupt Bitcoin Miner Compute North's Stake in 2 Bitcoin Mining Facilities
1.11.2022
The lender is paying $5 million in cash and assuming liabilities associated with the two sites, which total 400 MW of operating capacity
Mastercard Study: African Fintech Sector Had One of the Highest Year-on-Year Growth Rates in Funding in 2021
1.11.2022
In 2021, African fintech startups accounted for 61% of the $2.7 billion in venture capital funding that was deployed on the continent, a new study has found. While its share of global fintech funding is just over one percent, the continent’s fintech sector still recorded one of the highest...
Twitter monetization and free speech drove Binance's $500M injection: CZ
1.11.2022
Binance will also assist Twitter’s integration into Web3 by implementing crypto payments and deploying a dedicated team of on-chain specialists to stop spam bot accounts
Huobi Global denies ‘large-scale layoffs’ and key exec resignations
1.11.2022
A spokesperson from Huobi Global says rumours of layoffs are "untrue" and the "senior management team is performing their duties as per normal."
Bitcoin ATMs Increase in Number in Moscow, Russia
29.10.2022
The number of bitcoin ATMs has been on the rise in Russia’s capital and the rest of the country, a press report revealed this week. There is demand for the service as it offers easy access to cryptocurrencies, although not at the best exchange rates and still amid regulatory uncertainty. More...
LD Capital Founder Jack Yi Gave a Keynote Address at BWB 2022 in South Korea: Opening of a New Era of Web3
29.10.2022
PRESS RELEASE. LD Capital was established in 2016. Its main business involves direct investment and trading. It has established LD Capital X Ecological Fund, Web3 Alliance Incubation Accelerator, and Hero Group Secondary Hedging Asset Management. In the future, LD Capital’s investment in...
Celo ecosystem projects raise $77.3M in support of interoperability, ReFi
27.10.2022
The Celo blockchain supports mobile-first DeFi payment infrastructure. Several companies building on the platform have received venture funding
Utrust and Lugano Are Bringing Crypto Payments to an Entire City
27.10.2022
PRESS RELEASE. October 27th, Lugano Switzerland — The city of Lugano is the largest city in the canton of Ticino, Switzerland. They are also the economic capital of Southern Switzerland, strategically located between the metropolitan areas of Milan and Zurich. Part of Lugano’s appeal as a vibrant...
Bain Capital Crypto Leads $3.3M Round for Privacy-Focused Identity Protocol
27.10.2022
Notebook Labs aims to accelerate DeFi adoption with its crypto identity protocol
How Crypto Traders Are Reinventing Venture Capital
27.10.2022
Aussie federal budget reaffirms BTC won’t be treated as foreign currency
27.10.2022
The new federal budget states that Bitcoin will fall under the “current tax treatment of digital currencies, including the capital gains tax treatment, where they are held as an investment.”
Venture capital recedes from crypto in Q3, but not all is bleak: Report
26.10.2022
Even though venture capital inflows into the blockchain industry dropped by 66% in Q3 2022, it doesn’t necessarily suggest an overwhelmingly bearish sentiment
Israel’s Stock Exchange Unveils Plan to Create Digital Asset Platform and Venture Into Crypto
25.10.2022
The Tel-Aviv Stock Exchange, the only public stock exchange in Israel, has announced that it is entering the crypto space and creating a platform for digital assets. “The next five years are a critical window of opportunity for TASE to play an active role in the technological revolution...
Zuckerberg's $100B metaverse gamble is 'super-sized and terrifying,' shareholder says
25.10.2022
In an open letter, Altimeter Capital's CEO and founder recommended the tech giant cut its Metaverse investments from $10-15 billion a year to $5 billion
A Crypto Rewards Platform That Promised 40% APY Halts Withdrawals, Citing ‘Market Fluctuations’
24.10.2022
A crypto rewards platform called Freeway.io has notified users that it decided to reallocate capital in order to “manage exposure to future market fluctuations and volatility.” In doing so, users are unable to withdraw funds from the platform, and the Freeway team explained that amid...
Crypto Mining Data Center Firm Soluna Tumbles After Capital Raise
24.10.2022
Soluna Holdings shares fell over 40% in Monday’s trading session
Analysts Say an Onslaught of Fed Rate Hikes Could Spur a ‘Bond Market Flash Crash’ or ‘Blow up the Treasury’
23.10.2022
The U.S. economy has been struggling with inflation running rampant and investors are eagerly waiting for the U.S. Federal Reserve to announce the next federal funds rate hike next month. Harris Kupperman, the founder of the hedge fund Praetorian Capital, believes the onslaught of Fed rate hikes...
Japan is losing its place as the world's gaming capital
22.10.2022
From regulation to taxation, Japan has been hostile to cryptocurrency gaming. That stance is threatening the country's position as a global leader in gaming
Proof-of-Stake L1 Blockchain Token Aptos Climbs Close to 20% Higher in 24 Hours
22.10.2022
Five days ago, the Aptos blockchain went live after the project received an influx of capital from venture capital (VC) firms and crypto exchanges like a16z, Binance, and FTX. During the past 24 hours, aptos (APT) is up more than 19% against the U.S. dollar and up 11.1% against bitcoin’s...