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El Salvador to Issue $1 Billion Bitcoin Bond to Fund ‘Bitcoin City’
21.11.2021
President Nayib Bukele, of El Salvador, announced yesterday he would issue a $1 billion “Bitcoin Bond” to build the first Bitcoin City in the world. The city would feature no taxes of any kind except VAT, and it would be carbon neutral, with most of the energy powering it coming from...
Ross Ulbricht’s NFT Collection to Be Auctioned via Superrare at Art Basel Miami
19.11.2021
On December 2nd at Art Basel Miami, the very first Ross Ulbricht non-fungible token (NFT) collection will be showcased at the event and auctioned via Superrare. The proceeds from the auction will support Ross Ulbricht’s freedom efforts and a donor-advised fund called Art4giving, which helps...
Tidal Finance Introduces Insurance Fund for Covering $1 Million Worth TVL
19.11.2021
With an effort to create a safety net in the finance eco-system, Tidal Finance announces its new partnership. Tidal Finance offers a weekly coverage subscription plan to safeguard the OpenSwap that covers the smart contract risk. To ensure the safety of its protocol, OpenSwap is investing over...
Kucoin Labs Launches $100 Million Metaverse Investment Fund
19.11.2021
Kucoin Labs, the investigative and investment arm of Kucoin, a cryptocurrency exchange, has launched a $100 million fund to incubate early metaverse related projects. These include blockchain gaming initiatives, NFT platforms, and decentralized platforms, among others. The support will also include...
IMF Says Nigerian CBDC Drawing Global Interest, Warns of Associated Risks
18.11.2021
The International Monetary Fund (IMF) has acknowledged that the recently launched Nigerian central bank digital currency (CBDC) is attracting interest from many institutions globally, including central banks. Still, the fund warns that the CBDC carries risks for monetary policy implementation...
Oasis Foundation launches $160M development fund
17.11.2021
The funds are earmarked for DeFi, NFT, tokenization and metaverse projects that are building on the Oasis Network
KuCoin Labs Launches $100 Million Venture Capital Fund To Empower Early-Stage Metaverse Projects
17.11.2021
The world's sixth-largest cryptocurrency exchange by volume is making its move into the metaverse
Valkyrie Will Launch On-Chain Defi Fund Next Week
17.11.2021
Valkyrie Investments, one of the biggest cryptocurrency asset managers, has announced it will launch a so-called on-chain defi fund next week. This new fund would be substantially different than other, similar offerings, due to the location of the assets that will be available to earn yield...
Investment Manager Expects Governments to Clamp Down on Bitcoin, Warns of ‘Intense’ Crypto Regulation
17.11.2021
The founder and chief investment officer of Hayman Capital Management, Kyle Bass, has warned that governments will start to really clamp down on bitcoin. He predicts that “intense” crypto regulation will come out of the U.S. Treasury and the Internal Revenue Service (IRS) next year....
Big Four Accounting Firm Deloitte Forges Partnership With Ava Labs to Leverage Avalanche Blockchain
16.11.2021
On Tuesday, one of the Big Four accounting organizations, Deloitte announced a strategic partnership with Ava Labs, the team behind the blockchain network Avalanche. According to the announcement, Deloitte’s new cloud-based platform leverages Avalanche in order to “improve security...
Paradigm unveils new $2.5B crypto fund
16.11.2021
Paradigms new $2.5 billion New Venture Fund has dethroned A16z as the largest venture fund in crypto
‘Big Short’ Investor Michael Burry Says ‘I’ve Never Shorted Any Cryptocurrency’ — Warns of the Biggest Bubble
16.11.2021
Hedge fund manager Michael Burry, famed for forecasting the 2008 financial crisis, says that he has never shorted any cryptocurrency. He further warned that the current bubble is the biggest one. Michael Burry on Bubbles and Shorting Cryptocurrencies Famous investor and founder of private...
Paradigm Launches $2.5 Billion Venture Fund to Invest in Next Generation of Crypto Companies and Protocols
16.11.2021
Investment firm Paradigm has launched a $2.5 billion venture fund to invest in the next generation of crypto companies and protocols. The firm believes that the “new fund and its size are reflective of crypto being the most exciting frontier in technology.” $2.5 Billion Fund...
Crypto Advocates Weigh ETF Rejection — Veteran Trader Peter Brandt Says Bitcoiners Should ‘Oppose Spot Bitcoin ETFs in US’
14.11.2021
Following the Securities and Exchange Commission’s rejection of Vaneck’s bitcoin spot market exchange-traded fund (ETF) on Friday, a number of cryptocurrency advocates discussed the subject this weekend. For instance, the veteran FX trader Peter Brandt told his 581,700 Twitter...
SEC Rejects Vaneck Bitcoin Spot Market ETF Over Price Manipulation Concerns
12.11.2021
On Friday, November 12, the U.S. Securities and Exchange Commission (SEC) rejected Vaneck’s bitcoin spot market exchange-traded fund (ETF). The U.S. regulator noted that the denial was due to the lack of prevention toward “fraudulent and manipulative acts and practices.”...
'#DropGold worked' — Grayscale 'flippens' world's largest gold fund as AUM hits $60B
11.11.2021
The cryptocurrency investment giant has also seen "massive" options volume as gold takes a fresh beating and institutions seek Bitcoin exposure
Proshares Bitcoin futures fund in top 2% of all ETFs for volume
11.11.2021
While BTIO is going from strength to strength with a total of $1.4 billion worth of inflows since late October, one expert thinks that VanEck’s Bitcoin spot ETF has a 200-1 chance of being approved by the SEC
Alexis Ohanian, Solana Ventures launch $100M Web3 growth fund
9.11.2021
Venture capital funds are eyeing Web3-powered social networks as the next major growth vector in crypto and blockchain
Argo Blockchain files for $57.5 million offering of secured notes to fund Texas mining facility
9.11.2021
The company said it intends to use the proceeds for construction costs and rigs at its Texas crypto mining facility, expected to be operational in 2022
BSCStation Creates $3million Fund for Decentralized-Metaverse
8.11.2021
In order to make the decentralized-metaverse a reality, a $3million fund has been created by the BSCStation. The announcement in this regard has been made by the company recently and this specific fund will be used in encouraging all activities in the ecosystem – right from fundraising...