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Crypto investment products see largest outflows on record amid SVB collapse
13.3.2023
Fear and trepidation spread across the crypto market last week following the high-profile collapses of Silvergate Bank and Silicon Valley Bank
Over 100 VCs, investors voice solidarity with Silicon Valley Bank
12.3.2023
Approximately 125 VCs and investors signed a statement supporting Silicon Valley Bank as a way to limit the fallout of the bank’s collapse and subsequent extinction of tech companies
South Korea Doubles Down on Metaverse, Announces $51 Million Investment in Related Projects
11.3.2023
The Ministry of Science and ICT of South Korea has approved investments of $51 million in various metaverse projects, doubling down on its metaverse bet for the future. The investment includes a fund for supporting the growth of metaverse companies and another special investment to build several...
USDC investor shells out $2M to receive $0.05 USDT trying to evade crash
11.3.2023
While the crypto market responded with a massive sell-off, not all USDC investors were lucky enough to walk away with their funds amid the uncertainty
Report: Thai Govt to Grant Tax Waivers to Issuers of Digital Asset Investment Tokens
10.3.2023
Thailand’s government has said companies that issue digital tokens will receive a waiver that exempts them from paying corporate and value-added tax. According to a report, the Thai government anticipates losing just over $1 billion in tax revenue as a result of the waiver. Relaxation of...
Coinbase still a buy for Cathie Wood: ARK buys its biggest batch of COIN in 2023
10.3.2023
Amid the crypto market facing another wave of panic, Cathie Wood’s ARKK keeps bagging record amounts of Coinbase stock this year
Silvergate Capital Corporation will ‘voluntarily liquidate’ Silvergate Bank
8.3.2023
The company claimed that the bank's voluntary liquidation is its best path forward due to recent industry and regulatory developments
Grayscale Chief Legal Officer: A Spot Bitcoin ETF Will Protect U.S. Investors, Consumers
8.3.2023
Craig Salm discusses what scenario is likely to play out for the firm’s ongoing bid to gain approval for its spot Bitcoin ETF following Tuesday’s appeals court hearing
Transform Ventures launches holding company for blockchain with $100M AUM
8.3.2023
Transform Ventures was founded by Michael Terpin, a crypto investor who previously sued a New York teenager for $71.4 million in damages for allegedly snatching cryptocurrency from his phone
Alameda Research Sues Grayscale Investments Seeking to Unlock Billions in Value for Shareholders
7.3.2023
FTX Debtors and affiliate Alameda Research Ltd. have filed a lawsuit against Grayscale Investments, seeking injunctive relief to unlock $9 billion in value for shareholders of the Grayscale Bitcoin and Ethereum Trusts. The debtors allege that “Grayscale has extracted over $1.3 billion...
Thailand to offer tax breaks for investment token issuers
7.3.2023
The government of Thailand expects that investment token offerings could generate more than $3.7 billion in the next two years
FTX-Affiliated Alameda Research Sues Grayscale Over Crypto Investments, Adding to Woes for Digital Currency Group – What's Going On?
7.3.2023
In a last ditch move to 'maximise recoveries' Alameda Research has filed a lawsuit against Grayscale Investments.
The lawsuit alleges that Grayscale charge 'exorbitant management fees'. And named Grayscale CEO Michael Sonnenshein as it went on to accuse Grayscale of 'improperly preventing...
Bitcoin price enters 'transitional phase' according to BTC on-chain analysis
6.3.2023
BTC has struggled to overcome the $25,000 level, but on-chain analysis suggests that the pushback at the key price level is part of the transition out of the bear market
Investor concerns persist as crypto investment products see 4th week of outflows
6.3.2023
According to CoinShares, outflows from crypto investment funds amounted to $17 million last week, marking the fourth consecutive week of outflows
401(k) Provider ForUsAll to Offer Crypto Investments Into CoinDesk Indices Constituents
2.3.2023
This will be the first index-based digital asset offering available via a 401(k) in the U.S., says ForUsAll
How to set and achieve your financial goals
2.3.2023
Set achievable financial objectives and use effective strategies to track progress and achieve success
Chiliz announces $50M incubator and accelerator program for early-stage blockchain projects
1.3.2023
The company said the funds will be invested into early-stage blockchain projects that leverage the Chiliz blockchain for sports and entertainment and the Socios.com partner network
Provenance Blockchain Foundation announces $50M in grants for blockchain development
1.3.2023
The grant program will award $50 million in HASH, the native token on Provenance Blockchain, to developers
Blockchain Founders Fund raises $75M to encourage Web3 mass adoption
27.2.2023
The fundraising round included Polygon, Ripple, Octava, NEO Global Capital, Appworks, Sebastien Borget of The Sandbox, GSR, LD Capital, Metavest Capital and others
FTX Japan allows total withdrawal of funds; users rejoice the 'escape'
26.2.2023
Numerous community members have confirmed that all their money has been paid out. However, the FTX investors watching from the rest of the world remain hopeful of a similar outcome