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Crypto lobby group says SEC should back off regulating most DAOs


Crypto lobby group the DeFi Education Fund and the Uniswap Foundation have said the Securities and Exchange Commission should be hands-off on regulating decentralized autonomous organizations (DAOs).The May 27 letter to SEC Crypto Task Force lead Hester Peirce argued that the agency should...

Crypto lobby group says SEC should back off regulating most DAOs


Crypto lobby group the DeFi Education Fund and the Uniswap Foundation have said the Securities and Exchange Commission should be hands-off on regulating decentralized autonomous organizations (DAOs).The May 27 letter to SEC Crypto Task Force lead Hester Peirce argued that the agency should...

Adam Back leads $2.2M raise for Swedish health firm’s Bitcoin buys


Blockstream CEO Adam Back has led a 21 million Swedish krona ($2.2 million) funding round in the Swedish health tech company H100 Group AB, which last week said it would start buying Bitcoin.H100 said on May 25 that the funds, secured through 0% interest convertible loans, will be used to purchase...

Whale buys back ETH holdings after losing $2.6M by selling early


A crypto trader spent $3.8 million to buy Ether at a significantly higher price after selling the asset for almost the same amount about a month ago. On May 22, blockchain analytics firm Lookonchain reported that a crypto wallet spent $3.8 million to purchase 1,425 Ether (ETH) at $2,670...

Theta Capital raises $175M to back early-stage blockchain startups


Amsterdam-based Theta Capital Management has raised over $175 million for its latest fund-of-funds, aimed at supporting early-stage blockchain startups through specialized venture capital (VC) firms.The new vehicle, Theta Blockchain Ventures IV, will channel capital into crypto-native VC firms with...

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