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Defi Portfolio Tracking Startup Debank Raises $25M From Sequoia China, Crypto.com, Circle
29.12.2021
The decentralized finance (defi) portfolio tracking startup Debank raised $25 million from investors according to an announcement on Tuesday. Following the equity financing round, Debank says it has an overall valuation of around $200 million. Defi Dashboard Debank Raises $25 Million 2021 was...
Crypto Scammer Arrested in Bangkok After Fleeing With 500 Million Baht
28.12.2021
A man allegedly behind a cryptocurrency investment scam has been arrested in Bangkok, Thailand. He lured people into investing in his fraudulent crypto scheme by promising high returns, telling investors they could earn a 400% return by investing in just 200 days. Alleged Crypto Scammer Arrested...
Ertha Metaverse Raises $5.4M
27.12.2021
Ertha Metaverse, currently the most notable Metaverse and Play-to-Earn projects in BSC blockchain gaming, announced its list of key investors. They include the world-renowned: LD Capital Polygon Syndicate OKEx Blockdream Ventures Shima Capital GD10 Genblock Capital Dialectic Momentum 6...
GenkoKishi and TrustPad Announce Strategic Partnership
27.12.2021
PRESS RELEASE. GensoKishi Online, which intelligently integrates GameFi with the popular MMORPG Elemental Knights, today announced a partnership with TrustPad, who will help promote GensoKishi on its popular platform and publicise this opportunity to its broad range of investors. TrustPad is...
Bank of Russia Wants to Restrict Crypto Investments by Blocking Card Payments, Report Reveals
27.12.2021
The Central Bank of Russia is currently reviewing various ways to prevent Russians from investing in cryptocurrency. One the options on the table is to block card payments to certain recipients such as crypto exchanges, a media report has unveiled. A recent meeting at the State Duma has indicated...
Investors in Collapsed South African Crypto Platform Reimbursed a Portion of Invested Funds
26.12.2021
Investors in Africrypt, the now-defunct South African crypto platform, were recently reimbursed a portion of their invested funds. The payments were made by Pennython Project Management LLC as part of a settlement offer that potentially ends claims against Africrypt’s runaway directors....
Pakistanis Own $20 Billion in Crypto, Report Reveals
23.12.2021
In the absence of regulations, people in Pakistan have invested a serious amount of money in digital assets. New research claims Pakistanis keep some $20 billion in cryptocurrency, allegedly more than what their central bank has in foreign reserves. Government Urged for Regulations as Study Shows...
Singapore Startup Affyn Raised More Than US$7 Million, Presale to Start in December 2021
21.12.2021
PRESS RELEASE. Affyn’s private round was oversubscribed within a week of its website unveiling, resulting in the opening of a new strategic round that once again became oversubscribed, ahead of its presale in December 2021. Backed by more than 50 venture capitalists, institutional investors...
Russians Have Invested Over $67 Billion in Cryptocurrency, Lawmaker Reveals
21.12.2021
Interest in cryptocurrencies has been growing in Russia, not least among non-qualified investors. According to recently quoted estimates, Russians have already put more than $67 billion into the crypto market, the capitalization of which has increased significantly this year. Russians Spent Some...
LetsExchange, Invity, and Trezor Integrate to Benefit Crypto Traders and Investors
21.12.2021
LetsExchange, a multi-currency instant exchange platform that offers services with more than 100,000 crypto pairs, has recently announced its integration with Invity.io, a cryptocurrency exchange comparison platform, and Trezor Suite, a coin-management app for the top crypto hardware wallet called...
6th Hack This Month Confirmed: Bent Finance Asks Investors to Withdraw all Funds
21.12.2021
High yield staking platform Bent Finance has confirmed that it has been attacked, advising investors to withdraw funds - becoming the sixth hacked decentralized finance (DeFi) platform we reported on this month alone.
So far, reported-on December hacks include Badger DAO, Bitmart, AscendEX...
Bent Finance confirms pool exploit, advises investors to withdraw funds
21.12.2021
Bent Finance proactively advised investors to withdraw funds and plans to reimburse losses "one way or another."
The First Interactive NFT in the World – VR Movie on Mars
20.12.2021
“Gravity explains the motions of the planets, but it cannot explain who sets the planets in motion.” – Isaac Newton The Future of the Mars4 Metaverse Will Be Set in Motion by Our Community With that in mind, please allow us to introduce you to one of our first community members...
Bullish Options Data Gives Hope to Ethereum, Bitcoin Investors
20.12.2021
Large options trades that appear to be betting on a year-end rally for ethereum (ETH), and higher prices for bitcoin (BTC) in January, are getting the attention of some crypto traders.
The bullish bets on BTC and ETH were seen on Deribit, the crypto derivatives exchange that accounts for...
Investors Not Impressed by Polkadot's Parachains Launch
20.12.2021
Blockchain protocol Polkadot (DOT) failed to impress investors over the weekend as it launched its first set of parachains, or individual blockchains running in parallel within the Polkadot ecosystem.
While Polkadot's utility token DOT was relatively flat on December 18, the day of the launch...
Crypto FOMO Will Be Huge Investment Driver, Regulatory Clarity Expected in 2022, Says Blockfi Executive
20.12.2021
An executive with Blockfi says that “this year has been a huge year for mainstream consumer demand into crypto.” Noting that fear of missing out (FOMO) will be a huge driver for investors, the executive expects some regulatory clarity next year. Crypto FOMO Will Drive Investments...
Bank of Russia Has Tools to Restrict Crypto Investments, Governor Hints
19.12.2021
The Central Bank of Russia has reaffirmed its opposition to cryptocurrency investments citing the volatility of the digital assets as a key motive for its conservative stance. Governor Elvira Nabiullina has recently indicated that the regulator has the means to restrict them. Nabiullina Insists...
Carbon-neutral Bitcoin? New approach aims to help investors offset BTC carbon emissions
19.12.2021
Some crypto businesses are starting to calculate their Bitcoin carbon emissions through developments in new models
Financial Services Company SBI Group Launches Diversified Crypto Fund in Japan
19.12.2021
SBI Group, the financial services company group based in Tokyo, Japan, has announced the launch of a crypto asset fund that consists of seven different digital currencies. The crypto fund launched by the Japanese company includes bitcoin, ethereum, xrp, litecoin, bitcoin cash, chainlink,...
The battle of banks vs. DeFi is a win for individual crypto investors
19.12.2021
Banks are no longer the only player in the financial industry, as decentralized finance builds authority and gains mainstream adoption