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Tesla reports $64M profit from Bitcoin sale
25.7.2022
Elon Musk’s electric vehicle company sold 75% of its BTC in the second quarter. The company’s overall profitability was impacted by inflation and the competition for battery cells
3AC: A $10B hedge fund gone bust with founders on the run
25.7.2022
3AC downfall has led to a multi-billion dollar cascade that has claimed the likes of Celsius, Voyager and many other crypto lending firms with exposure to the hedge fund
Thai SEC launches digital hotline for Zipmex users
25.7.2022
The investors affected by Zipmex's withdrawals' pause can submit information about their losses via an online forum on the Thai SEC’s official website
Best Crypto Investments to Stay Ahead of the Market: Uniglo (GLO), Stellar (XLM), and XRP (XRP)
24.7.2022
The history of Bitcoin taught us one good lesson – staying ahead of the market can make you a millionaire. Bitcoin started in 2009 with a price ranging between $0 and $5. Thirteen years later, the price of Bitcoin now fluctuates around $21,000. We may no longer see the same exponential gains ever....
The opportunities and risks of Metaverse for small businesses
22.7.2022
The benefits outweigh the risks when it comes to the adoption of Metaverse for small businesses
Mike Novogratz warns that 200X returns from crypto are ‘not normal’
22.7.2022
Former-LUNAtic Mike Novogratz has told crypto investors that the insane returns seen in the crypto space are simply unsustainable
Venture Capital Firm NFX Adds $62.6M in Follow-On Investments, Including Crypto Companies
21.7.2022
The venture capital will double down on high-conviction portfolio companies like crypto’s Ramp, Radicle and Celestia
Korean crypto startup Uprise to compensate investors after disastrous LUNC short trade
21.7.2022
The investment startup made a short bet on LUNC in May using client funds. The trade blew up and wiped out 99% of its assets
Grayscale: Bitcoin Could See Another 5-6 Months of Downward or Sideways Price Movement
21.7.2022
Grayscale Investments has explained that there may be another 250 days of the current bearish crypto market, citing patterns in previous cycles. In addition, “Bitcoin is 222 days off the all-time high, which means we may see another 5-6 months of downward or sideways price movement,”...
Breaking: Zipmex suspends withdrawals as CEO denies financial trouble rumors
20.7.2022
Cointelegraph spoke to the CEO of Zipmex following the failed Coinbase deal regarding rumors that crypto contagion has spread to Thailand
US federal agency issues legal advisory on NFT investments
20.7.2022
The advisory primarily targets reporting of NFTs investments that represent “property,” such as real estate
21Shares launches S&P risk controlled Bitcoin and Ether ETPs
20.7.2022
Despite crypto markets tanking this year, the Swiss crypto ETP firm 21Shares has seen its new crypto inflows hitting new all-time highs YTD
Digital Token Issued In Russia to Facilitate Investments in Palladium
20.7.2022
Transactions with digital assets backed by precious metals are beginning in Russia with the launch of a token for palladium. The rare metal, which is used in jewelry and has some high-tech applications, is not a publicly available asset in the Russian Federation. Atomyze and Rosbank Issue Digital...
Skybridge announces suspension of withdrawals from of its one crypto-exposed funds
19.7.2022
Skybridge joins the crowd that has frozen crypto investors’ funds, although head Anthony Scaramucci says the suspension is a temporary measure with no fear of liquidation
Source claims 3AC's Deribit exposure is worth much less than reported
19.7.2022
The creditors of Three Arrows Capital may be left holding the bag, according to a source who claims the hedge fund's exposure to Deribit is only worth $25 million
Christie's launches venture fund aimed at Web3 and blockchain investments
18.7.2022
According to the auction company, its first investment will be in LayerZero Labs, a company developing solutions for enabling omnichain decentralized applications
Are Mehracki (MKI), Solana (SOL), & Polygon (MATIC) Good Investments In the Long Run?
18.7.2022
As the cryptocurrency industry matures, investors are increasingly looking for tokens that have the potential to generate explosive long-term returns. These are three cryptocurrency tokens that could be extremely profitable in the future: Mehracki (MKI), Solana (SOL), and Polygon (MATIC). Each...
Over Half of This Year’s Financial Pyramids in Russia Involved Crypto, Bank of Russia Finds
17.7.2022
A majority of the financial pyramids identified in 2022 used cryptocurrencies in one way or another, Russia’s central bank announced in a new report. Amid Western sanctions, Russian scams have stepped up their activities, often claiming to be licensed by foreign authorities to offer access...
Crypto VC Investments Drop 26% in First Half of 2022
15.7.2022
Investments totaled $9.3 billion versus the $12.5 billion in last year’s period, but the number of deals increased
Crypto Games Least Affected by Bear Market, VC Investments Remain Strong - DappRadar
15.7.2022
Crypto-based play-to-earn games and game-related non-fungible tokens (NFTs) comprise the least affected sector in all of crypto during the current bear market, with venture capital investments continuing to flow into the sector, a new report from the decentralized app tracking site DappRadar...