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Bitcoin Suisse Completes a $48 Million Series A Financing Round
25.7.2020
Swiss crypto financial services provider, Bitcoin Suisse completes its first financing round of $ 48 million (CHF 45 million). The completed Series A financing round now has Bitcoin Suisse’s 2019 pro forma equity totaling around $108 million. The financing round includes 16.4% of shares...
Veteran Analyst Peter Brandt Scorns ‘XRP’s Bag Holder,’ Compares Ripple to the Fed
24.7.2020
Veteran trader Peter Brandt knocked the digital currency XRP on Thursday and compared the crypto token company Ripple to the U.S. Federal Reserve. Brandt said he believes the company behind the coin will double the token supply, and he doesn’t understand why “otherwise smart...
Prime Factor Capital Is Shutting Down: Lack of Capital Cited as Prime Factor
23.7.2020
Prime Factor Capital is shutting, down
South Korea to Charge 20% Tax on Bitcoin Profits Under New Law
23.7.2020
South Korea will now tax profits made from buying and selling of cryptocurrency at 20% after the government agreed to the decision on Wednesday. The decision was reached after months of debate. According to a taxation policy amendment notice released July 22, the Ministry of Economy and Finance...
RedBlock Capital Enters into Partnership with Morpheus Labs
22.7.2020
RedBlock Capital, a globally acclaimed digital investment and fintech firm powered with blockchain technology, has announced the news about its strategic collaboration with leading DApp services provider, Morpheus Labs. The two renowned firms will put joint efforts to promote the development...
South African Exchange Valr Raises $3.4 Million in a Series A Funding Round
22.7.2020
A South Africa based cryptocurrency exchange, Valr has just raised $3.4 million in a Series A funding round led by 100x Group, the parent company to Bitmex. The funding round, in which 4Di Capital also participated, however, does not change Valr’s controlling shareholder structure. In...
US State of Texas Saddles Up to Become the Next Blockchain Capital
21.7.2020
Texas ups its aspirations to become the go-to place for crypto in the U.S., forming a new blockchain council and highlighting the state’s mining capabilities
New PwC and CV VC Report Highlights Blockchain in the Art World
21.7.2020
Swiss blockchain investment firm CV VC and PwC released a report covering top global firms focused on implementing blockchain in art
Plutus Capital Unveils DeFi Lending App With Efficient Features
20.7.2020
Plutus Capital, a renowned financial and stock advisory firm has announced the news about the launch of a potential decentralized DeFi app offering the highest interest rates to the investors. The app has been designed to give the best-in-class financial tools to the users who strive to have full...
Nexo Finance Accused of Being Behind Zeus Capital and Chainlink Short
19.7.2020
Twitter users accuse Nexo Finance of being behind Zeus Capital, the firm who wanted to short Chainlink
Bitcoin Pioneer LN Markets Raises Capital, Builds 'Liquidation Killer'
17.7.2020
LN Markets, the first bitcoin (BTC) derivatives exchange built on top of the Lightning Network (LN), reached USD 6m in total aggregate trading volume and is now raising capital in order to accelerate its growth.
The platform was launched in December 2019 in Beta, while their Alpha version went...
Peter Schiff’s Bitcoin Hack Comment Invites Ridicule
16.7.2020
Euro Pacific Capital CEO, Peter Schiff’s comment suggesting Bitcoin might be the next target following a hack of multiple VIP Twitter accounts has been ridiculed by bitcoiners. Seemingly relishing the prospect of a bitcoin hack, Schiff a gold bug and a well-known bitcoin critic, signs off...
Framework Ventures and Three Arrows Capital Invest $3M in Aave
16.7.2020
Aave has raised $3 million from Framework Ventures and Three Arrows Capital to grow its ecosystem through staking and governance
Three Arrows, Framework Invest in DeFi Site Aave With $3M LEND Token Sale
15.7.2020
Framework Ventures and Three Arrows Capital announced a $3 million investment in Aave, the firm behind the third-largest lending platform in DeFi
This a16z Alum Is Launching a VC Fund Focused on Platforms You Can ‘Own’
14.7.2020
An Andreessen Horowitz (a16z) alum is launching a new venture firm focused on building a crypto-powered "ownership economy."
South Korea Could Issue a Crypto Capital Gains Tax as High as 20%
13.7.2020
Crypto taxation in South Korea could increase to 20% for capital gains
Value Locked In DeFi to More Than Double in 2020 - Spartan Capital’s Koh
13.7.2020
Despite already seeing huge growth this year, some investors believe the decentralized finance (DeFi) space has much more room to grow before the party is over, and that total value locked could still more than double in the next six months.
The latest prediction for the future of the DeFi market...
New York Court Rejects Bitfinex Appeal Over $850M in Lost Funds
10.7.2020
New York’s Supreme Court has rejected Bitfinex and Tether’s appeal in the ongoing dispute between the firms and the NY Attorney General over $850 million in lost funds
South Korean MP Makes Bid to Impose Capital Gains Tax on Crypto
10.7.2020
Yang Kyung-sook. Source: Twitter, @yangkyungsook
An influential South Korean MP has put forward a private members’ bill that would see crypto taxed under the nation’s capital gains tax laws.
Per Jose Ilbo, Yang Kyung-sook, an MP for the ruling Democratic Party and a member of the National...
Binance Labs Leads $1M Seed Round in Crypto Tor Alternative HOPR
9.7.2020
Binance Labs, the seed funding arm of the world’s largest crypto exchange, has made its first investment of 2020, backing privacy startup HOPR