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SPiCE VC Launches $250M Blockchain Fund Targeting Institutional Investors
10.5.2022
The firm previously raised $50 million for a tokenized fund focused on financial verticals, but its second fund will invest more broadly
UK Promises New Laws to Promote, Seize Crypto
10.5.2022
Prince Charles promised legislation on economic crime and financial services as he formally opened a new session of parliament
Dapper Labs Debuts $725M Ecosystem Fund for Flow Blockchain Development
10.5.2022
A16z, Coatue and Union Square Ventures are all committing money
Boba Network to Offer Lower Gas Fees on Ethereum via BOBA Token
10.5.2022
The network has implemented single-token gas payments on its blockchain, allowing users to pay 25% lesser in gas fees if they use BOBA instead of ether
NASA Partners With Epic Games to Create a Martian Metaverse Simulation
10.5.2022
NASA, the U.S. space agency, has partnered with Epic Games, the company behind Fortnite, to build a challenge for developers to help create a Martian metaverse experience. The challenge will include various tasks, including designing several key environments for Martian astronauts, which will...
Bitcoin Self-Custody Company Casa Raises $21M
10.5.2022
The news of the fundraise coincides with the launch of Casa API
The FCA Is Holding Its First CryptoSprint: Here’s What the Digital Asset Community Wants From It
10.5.2022
The FCA is holding a two day CryptoSprint where it will hear the crypto community's ideas on how it should regulate the sector
HUMAN Protocol Foundation Awards Grant to VeritaTrust to Build on-Chain Rewards for Reviews
10.5.2022
PRESS RELEASE. Georgetown, Cayman Islands, May 10, 2022 – Today, HUMAN Protocol has announced that it has awarded a grant to VeritaTrust to power on-chain reviews. Following the announcement of HUMAN Protocol’s $10 Million funds dedicated to grants, this work with VeritaTrust...
The Big Question of 2022? Where Is Crypto Headed?
10.5.2022
Are you a cryptocurrency enthusiast wondering how the rest of the year will play out? If so, you are not alone. Many worldwide own, invest in, trade, and use cryptos and have a vested interest in what the near-term future will look like. The Recent Past Just think through a few of the recent past...
Report: Nigerian Crypto Restrictions and Twitter Ban Have ‘Crippled Foreign Direct Investment in the Fintech Industry’
10.5.2022
A new report has concluded that restrictions on cryptocurrency trading, as well as the banning of Twitter by Nigerian authorities, may have “crippled foreign direct investment in the fintech industry.” Foreign Direct Investment ‘Crippled’ A new report has found that...
Crypto Trading Firm Talos Raises $105M from Citi, Wells Fargo, Among Others
10.5.2022
Crypto trading engineering firm Talos has raised $105 million in Series B funding led by U.S. financial services giants Citi, Wells Fargo and BNY Mellon among the new investors
KuCoin Raises $150M Round Led by Jump Crypto at $10B Valuation
10.5.2022
KuCoin would use the capital to expand its product lineup, such as crypto wallets, and DeFi and NFT platforms
Susquehanna Leads $10M Funding in Metaverse Platform StarryNift
10.5.2022
The pre-A round funding includes Binance Labs, Alameda and other crypto-centric investment teams as backers
Chilean Digital Peso Would Need to Work Offline, Central Bank Governor Says
10.5.2022
Design principles are due out later this week, though no final decision has been taken on the digital peso
Qualcomm CEO States Metaverse Will Be a ‘Very Big’ Opportunity
10.5.2022
Qualcomm, one of the largest fabless mobile chip makers, is very optimistic about the future of the metaverse and what it might bring for companies and consumers in the area. Qualcomm CEO Cristiano Amon believes that, while there is much to do in the development space, this development is real...
Crypto Market Crash Leads to $1B in Liquidations, Majors Lose Pivotal Support
10.5.2022
Some 73% of all futures traders were long, or betting on a price rise
India Considers Imposing 28% GST on All Crypto Transactions: Report
10.5.2022
The Indian government is reportedly considering imposing a 28% goods and services tax (GST) on all crypto transactions. “Currently tax is levied only on the part of the services provided by crypto exchanges. Subjecting the whole transaction to tax at a higher slab of 28% could give...
Aloha Browser Paves the Way Towards Web3 With Recent HNS Integration
10.5.2022
PRESS RELEASE. Aloha Browser is paving the way towards a decentralized web with the recent Handshake (HNS) integration. Now websites with HNS names automatically resolve within the Aloha Browser without additional configuration. Aloha has always focused on privacy and security for its users and...
Binance Suspends LUNA and UST Token Withdrawals
10.5.2022
LUNA token down is 52% on-day while UST is trading at 76 cents
BIS: 9 out of 10 Central Banks Worldwide Are Exploring Digital Currencies — Driven by Crypto Market
10.5.2022
Nine out of 10 central banks globally are exploring central bank digital currencies (CBDCs), according to the latest survey by the Bank of International Settlements (BIS). Furthermore, “the emergence of stablecoins and other cryptocurrencies have accelerated the work on CBDCs.”...