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Changes in Crypto Lending, Investors Bet on Crypto Tax Services, NASA vs. NFTs + More News
27.1.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Changes in Crypto Lending, Investors Bet on Crypto Tax Services, NASA vs. NFTs + More News
US Sentences Bitcoin Seller to 1 Year in Jail for Defrauding Investors
27.1.2022
A bitcoin seller has been sentenced to one year and one day in jail for defrauding customers, according to a notice by the U.S. Department of Justice (DOJ). The man took money from customers but did not provide them with the agreed-upon bitcoin. Fraudulent Bitcoin Seller Going to Jail The U.S....
FTX US Raises $400 Million in Series A, Trading Platform’s Valuation Now $8 Billion
26.1.2022
On January 26, the crypto asset exchange FTX US revealed it raised $400 million in a Series A financing round stemming from investors like Softbank, Paradigm, and Multicoin Capital. The Series A investment in FTX US brings the U.S.-based trading platform’s post valuation to $8 billion....
Net Inflows Into Largest Gold ETF Surge Amidst Falling Stocks and Crypto Prices
26.1.2022
Net inflows into SPDR Gold Shares surged to a new record of $1.63 billion, the highest since its listing in 2004. The surge of net inflows into one of the largest gold exchange-traded funds (ETFs) comes against a backdrop of falling cryptocurrency and stock values. Investors More Bullish on Gold...
Meta-Led Diem Reportedly Aims to Sell Assets to Pay Back Investors
26.1.2022
The Diem Association (formerly known as Libra Association), the Meta-led project that once aimed to create a stablecoin accessible to everyone in the world, is reportedly attempting to sell its assets as a way to return capital to its investors....
Read More: Meta-Led Diem Reportedly Aims...
Technical Analysis: Meme Coins, Avalanche Move Higher on Tuesday
25.1.2022
Meme coins were higher on Tuesday, as the global cryptocurrency marketplace rebounded from recent declines in price. Both DOGE and SHIB were trading close to 7% higher during the session. In addition to the meme coins, there were several other gainers on Tuesday, as both traders and long-term...
Cardano projects SundaeSwap and CardStarter squabble over failed promises to investors
25.1.2022
''Get your shit together!" said Cardano founder Hoskinson to developers behind the two projects
KICK․IO Launchpad: The New Haven of Cardano “Venture Capitalists”
22.1.2022
Crypto gains are not as good as they once were. The much-anticipated journey towards a more mature crypto space has been accompanied by a noticeable slide in the previously exponential returns that excited both retail and institutional investors alike. In the current investment climate, the more...
El Salvador Plans to Offer Crypto Loans to Small-Scale Entrepreneurs
22.1.2022
The government of El Salvador will offer cryptocurrency-based loans to small companies. Conamype, the National Commission for Micro and Small Enterprises, will be the link between the investors and a decentralized finance protocol called Acumen, that will be able to provide funding in stablecoins....
Crypto taxation could deter investors, says Thai ruling party MP
21.1.2022
Thai ruling party MP calls for due diligence from Excise Department to study the crypto market carefully before imposing any tax
Venezuelan Vice Minister Tells Investors to Pay in Crypto to Dodge Sanctions
21.1.2022
A Venezuelan minister has been singing the praises of crypto – and suggesting that the government, which amassed a large bitcoin (BTC) and ethereum (ETH) “stash,” plans to attract international and domestic investors by convincing them to use cryptoassets....
Read More: Venezuelan Vice Minister...
Spellfire Oversubscribed Twice, a Staggering $3.8M Raised
20.1.2022
Spellfire Re-Master the Magic, a modern take on classic collectible card games, has completed its private funding round, raising a staggering $3.8 million. Leading investors DAO Maker and Shima capital, are joined by Genblock, IBC group, Faculty group, IBA, Maven Capital, Autonomy Capital...
Web 3.0 needs more users, not more investors
20.1.2022
Projects need to focus on making products that attract non-crypto users in order to drive innovation and maturity in Web 3.0
New Investors and $400 Million Funding in Secret Network
20.1.2022
Shockwave was recently revealed by Secret Network. It is a growth-oriented initiative that is aimed to strengthen the grounds of Secret Network as a pillar and data privacy hub for Web3. Secret Network has now made three announcements under the initiative. The first announcement reveals a list...
Main Opposition Candidate for President of South Korea Pledges Support for Crypto Tax Exemptions
20.1.2022
The leading presidential candidate of the opposition in South Korea has promised voters to ease the tax burden on crypto-related profits through exemptions. In a recent statement, Yoon Suk-yeol indicated that crypto investors will be treated like those who put money into stocks. Presidential...
Nifty News: AMC investors get tokens, Naomi Osaka NFTs, Guy Oseary to represent World of Women
20.1.2022
AMC dropped an NFT to its shareholders, Puppy Bowl will feature an NFT sale on Chronicle, and Naomi Osaka launched her third collection
Top Risks for DeFi Users and Investors According to Moody's and Gauntlet
19.1.2022
Decentralized finance (DeFi) is rapidly evolving, but insufficient transparency, a lack of shared awareness about its risks, and methods to measure and mitigate those risks continue to pose challenges to its users, according to a report by international risk assessment firm Moody’s.
Prepared...
Gold Miner Says Investors Prefer Hedging Against Inflation With Gold, Not Crypto
19.1.2022
The CEO of a Canada-headquartered gold mining company, Mark Bristow, has insisted that gold currently has little downside risk. He also highlighted the precious nature of the metal and how it is a better alternative store of value than cryptocurrencies. Better Inflation Hedge Mark Bristow, the...
Financial Market Committee Chair Aksakov Joins Calls for Identification of Russian Crypto Owners
19.1.2022
Anatoly Aksakov, head of the Financial Market Committee at the Russian parliament, has reiterated a warning for cryptocurrency investors and insisted that Russians owning coins should declare their digital assets. The parliamentarian also urged for the comprehensive regulation of crypto mining...
Morpheus.Network hits roadmap targets, attracting investors focused on fundamentals
18.1.2022
A smart contract upgrade and newly integrated masternodes have given MNW fresh bullish momentum, possibly setting the project up for success in 2022