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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

Market Update: Crypto Assets Slowly Gather Gains, Bitcoin Needs Capital Inflow, ADA Jumps 85%

8.7.2020
Cryptocurrency market prices have improved a great deal since our last market update, as the overall market capitalization of all 5,700+ coins has gained $16 billion since June 14. Most of the top digital assets have remained in a consolidated cycle and a great number of cryptos have been able...

Coinbase Exec Says Capital Will Flee US Due to Crypto Tax Laws

8.7.2020
Coinbase’s chief tax officer Lawrence Zlatkin says global customers are the future as non-U.S. jurisdictions are more open-minded

SEC’s Cryptomom Peirce Believes US Capital Markets Can ‘Transform People’s Lives’

7.7.2020
SEC Commissioner Hester Peirce wants to see new crypto projects get a fair shake at U.S. capital markets

Escalating Bank Runs Spur Chinese Government to Require Approval for Large Cash Transactions

7.7.2020
A series of bank runs has prompted the Chinese government to begin requiring approval for large cash deposits and withdrawals at commercial banks, starting with banks in a northern province. Recently, two bank runs happened within a week as people lost faith in financial institutions amid...

Crypto ‘OG’ Thinks Altcoins Will Outperform BTC in the Near Future

7.7.2020
The founder of the first crypto venture capital firm believes that altcoins will eventually provide better returns than Bitcoin

Crypto Tracer Chainalysis Raises $13M as It ‘Doubles Down’ on Government Ties

7.7.2020
Chainalysis is also adding former Treasury Department official Sigal Mandelker on as an advisor

IPOs Are ‘Really Not Worth It’ Says Tim Draper

6.7.2020
Serial blockchain investor Tim Draper welcomes diversity in terms of funding blockchain and crypto startups

The Tokenized Metaverse: Non-Fungible Token Sales to Surpass $100 Million

6.7.2020
On July 1, 2020, the partner of Polynexus Capital, Andrew Steinwold, detailed that the sales of blockchain-powered non-fungible tokens (NFTs) are about to cross the $100 million mark. The popularity of NFTs has grown massive since 2017, as blockchain cards, collectibles, digital artwork, virtual...