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A16z Launches $4.5 Billion Crypto Fund Focused on Web3 Opportunities


A16z, one of the most influential VC firms in the crypto field, has announced the launch of a new cryptocurrency fund to invest in the development of Web3 startups. This fourth crypto fund from the firm, which will launch with a budget of $4.5 billion dollars, is set to focus on several key fields...

Chamber of Representatives in Paraguay Advances Crypto Bill


Cryptocurrency regulation in Paraguay is progressing steadily, as a crypto bill introduced in December has been approved by the Chamber of Representatives in the country. The bill, which contains definitions and rules for cryptocurrency mining, one of the hot topics in Paraguay due to the cheap...

Why the Crypto Industry in Indonesia Is Set to Leapfrog Competing Markets


With over 270 million people, Indonesia is the fourth-most populous country in the world and its economy is one of the largest markets in Asia. It also has a large unbanked population, a receptive regulatory environment and additional factors making it stand out for crypto adoption. In the latest...

Huobi Global Acquires Latin American Crypto Exchange Bitex


The digital currency exchange Huobi Global has revealed it has acquired Bitex, a Latin American crypto platform that operates in Argentina, Chile, Paraguay, and Uruguay. Huobi details that the company is stepping up its presence in Latin America as it believes the region will be one of the most...

Biggest Movers: AVAX and ATOM Over 10% Lower on Thursday


AVAX was one of the biggest movers in crypto markets on Thursday, as prices fell by over 10%, hitting a two-week low in the process. ATOM was also trading in the red, with its value dropping by as much as 13% in the day. Avalanche (AVAX) AVAX was one of today’s biggest losers, as prices...

No Tax Amnesty for Russian Crypto Miners as Lawmakers Withdraw Proposal


A new draft law has replaced an earlier bill introducing a one-year tax and customs amnesty for cryptocurrency miners in Russia. The initial proposal has been withdrawn on the grounds that the tax break would have resulted in losses for the state budget. Revised Crypto Mining Legislation Submitted...

Glass-Cannon Elden Ring Player Bonks Every Main Boss With A Single Hit


Elden Ring is full of hard bosses, many of whom have no problem quickly showing you the nearest gravesite if you’re lost, and defeating them is often a matter of slowly whittling away at their lengthy health bars until you breathe a huge sigh of relief as the words “Enemy Felled” finally appear....

ECB Survey Finds 10% of Eurozone Households Own Crypto Assets


One in every 10 households in six eurozone countries has acquired cryptocurrencies, the European Central Bank (ECB) has found with a new survey. While the richest are most likely to own crypto assets, poor families are not far behind, the poll indicates. Dutch Households Lead in Terms of Crypto...

Biggest Movers: SOL, NEAR Fall Over 10% During Tuesday’s Session


Crypto markets were down across the board on Tuesday, as bears re-entered the market, following strong gains on Monday. SOL was one of the tokens to fall, as it lost just over 10% of its value. NEAR also slipped by over 10% during the session. Solana (SOL) SOL was one of the most notable tokens...

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