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SEC Charges Galois Capital for Crypto Safeguard Failures
3.9.2024
The U.S. Securities and Exchange Commission (SEC) charged Galois Capital Management LLC, a Florida-based crypto-focused advisory firm, with…
Crypto Hedge Fund Galois Capital Fined $225,000 by SEC for Custody Rule Violations
3.9.2024
The U.S. Securities and Exchange Commission (SEC) has slapped Galois Capital Management LLC with a $225,000 fine for falling short of the Custody Rule laid out in the Investment Advisers Act. The crypto-centric hedge fund and advisory firm was also accused of misleading investors about...
Monthly NFT sales fall below $400M, marking yearly low
2.9.2024
NFTs saw a sharp decline in August 2024, with monthly sales dropping to $374 million—the lowest this year
Russian Economy Sees Growth Despite Western Sanctions and Declining Imports
2.9.2024
The Russian economy has experienced substantial growth across various sectors, with unemployment rates remaining historically low, despite ongoing Western sanctions related to the Ukraine conflict. Industrial production, driven by military manufacturing, saw a 3.3% increase in July, and the...
Bitcoin collateralized loans can accelerate capital velocity: Ledn CEO
30.8.2024
Sprawling bureaucracies, inefficient processes, and fax machine-era technology have hampered economic development and capital velocity
Bitcoin collateralized loans can accelerate capital velocity: Ledn CEO
30.8.2024
Sprawling bureaucracies, inefficient processes, and fax machine-era technology have hampered economic development and capital velocity
Parafi Capital Secures $120 Million for Investing in Crypto Funds
30.8.2024
The New York-based digital asset manager, Parafi Capital, has secured $120 million to invest in general partner stakes of crypto funds. These funds focus on specific market segments, strategies, or geographic locations. With this funding, Parafi Capital aims to build a portfolio of 30-50 general...
Trump Promises to Make US the ‘Crypto Capital of the Planet’
29.8.2024
Former President Donald Trump has taken to X to tease a groundbreaking announcement regarding his plans to position…
Bitcoin Market Reaches ‘Equilibrium’ as Speculation Declines, Glassnode Reports
29.8.2024
The bitcoin market has hit a phase of tranquility, where investor enthusiasm has cooled, and speculative activity has sharply decreased. According to a thorough report from Glassnode, this quiet spell might be setting the stage for an uptick in market volatility. Glassnode Analysis Shows Bitcoin...
Trump Set to Share Bold Vision: Turning the US Into the ‘Crypto Capital of the Planet’
29.8.2024
On Thursday, former President Donald Trump posted a video on X, where he announced his intention to chart a course for making the United States the “crypto capital of the planet.” As the video concludes, the logo of World Liberty Financial, a decentralized finance (defi) project founded...
Navigating the Web3 Gaming Frontier: Insights From Ilya Abugov of Sanctor Capital
29.8.2024
Sanctor Capital is a sanctuary where bright minds can find the support they need to maximize their impact on the industry. They have a long successful track record of guiding early-stage projects to Web3 market success. Ilya Abugov is a Partner at Sanctor Capital, a blockchain investment firm....
Parafi Capital's $120M fundraise signals renewed growth for crypto funds
29.8.2024
Crypto firms, VCs have been raising capital this year as cryptocurrency prices recover, improving overall market sentiment
Solayer Secures $12 Million to Enhance Solana’s Restaking Capabilities
29.8.2024
Solayer has raised $12 million in a funding round led by Polychain Capital to advance its integrated restaking network on the Solana blockchain. The initiative aims to address Solana’s scalability and transaction inclusion challenges by leveraging a novel approach to staking and network bandwidth...
Lemniscap secures $70M to back early-stage Web3 startups
28.8.2024
The new fund will back startups working on blockchain-based solutions, including zero-knowledge infrastructure and emerging Bitcoin ecosystems.
Hilbert Capital and Xapo Bank Collaborate to Launch Bitcoin Hedge Fund
28.8.2024
Swedish public company Hilbert Group’s asset management division has partnered with Xapo Bank to launch a bitcoin-denominated hedge fund in September. The fund is expected to attract over $200 million in initial investments from Xapo Bank and other investors this year. Hilbert Group Partners...
Long-term Bitcoin holder buys hit $10B mark as price slips below $60K
28.8.2024
Bitcoin held in long-term holder wallets has topped $10 billion amid its price falling below $60,000
Space and Time Secures $20 Million in Series A Funding to Enhance AI and Blockchain
28.8.2024
Space and Time (SxT) Labs has announced the completion of a $20 million Series A funding round, led by Framework Ventures and supported by several prominent investors. SxT Labs disclosed that the funding aims to accelerate the company’s development of tools that bridge the gap between...
SOON closes funding round for Solana-based layer-2
27.8.2024
Backers hail from Solana Labs, Coinbase Ventures, and Celestia, among others
Gameplay Galaxy raises $24M seed round for Web3 gaming platform
27.8.2024
Blockchain Capital and Merit Circle backed the additional funding, bringing the total raised in the round to $24 million
Crypto Bank Xapo to Manage $200M Bitcoin-Denominated Hedge Fund With Hilbert Capital
27.8.2024
The fund, set for launch in September, will be available to corporates, businesses and professional investors