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Swiss VC Launches African Blockchain Early Stage Fund
24.5.2022
Crypto Valley Venture Capital has announced the launch of an early-stage fund for African blockchain startups. Already, the venture capital firm has invested in 12 startups whose use cases go beyond crypto. Uses Cases Beyond Crypto The Switzerland-based venture capital (VC) firm, Crypto Valley...
The ‘Lunatic’ Movement: A Look at Terra LUNA’s Inception and the People That Helped Do Kwon Rise
23.5.2022
After the LUNA and UST meltdown, many crypto investors have been curious about the project’s rise in popularity and people wonder about the background of Terra’s co-founder Do Kwon. Moreover, it is not commonly known that Terraform Labs was also founded by Daniel Shin, the founder...
Crypto Valley Venture Capital Launches African Blockchain Early-Stage Fund
23.5.2022
The venture capital investor wrote in a report that funding for African blockchain startups far outpaced investment in other venture funding
How to incorporate a DAO and issue tokens to be ready to raise money from VCs
21.5.2022
While DAOs can't precisely replace traditional VCs, they can potentially disrupt the crypto industry
A Curious Coincidence – Major Terra Backers Break Silence on Same Day
19.5.2022
Several major backers of Terra (LUNA) and its failed algorithmic stablecoin terraUSD (UST) spoke out about last week’s dramatic events this Wednesday, after staying largely silent since the collapse happened 10 days ago. On the same day, Do Kwon’s plan for a new Terra blockchain was put...
Cointelegraph Research launches venture capital database
18.5.2022
A new database from Cointelegraph Research tracks VC activity in the crypto and blockchain industry in unprecedented detail
Web3 Gaming Company Metatheory Raises $24 Million With Backing From A16z, Pantera, and FTX
18.5.2022
Metatheory, a Web3 gaming company founded in 2021, has announced it has raised $24 million in a Series A funding round. The investment round, which was led by big VC names in the crypto space like a16z, also had the participation of Pantera Capital and FTX Ventures. Kevin Lin, CEO of the company...
Australian Taxation Office to Focus on Capital Gains From Crypto Assets
18.5.2022
The Australian tax agency has listed crypto-related profits among several priority areas where more efforts are needed to ensure correct reporting. The authority has reminded taxpayers they need to calculate any capital gain or loss from the sale of digital coins and tokens and record it in their...
Algoracle Announces $1․5 Million Seed Round
18.5.2022
PRESS RELEASE. Algoracle has recently announced the close of its seed round for $1.5 million (USD) to help accelerate the development and launch of Algorand’s native decentralized oracle network. Algoracle’s seed round was led by Borderless Capital, with major contributions from...
Crypto & Stocks 'Decoupling' Prediction Flops but There's Still Hope
17.5.2022
It appears that some of the high-profile crypto fund managers have less of a crystal ball than some may want to believe.
Back in February, Joey Krug and Dan Morehead, the two co-chief investment officers at crypto hedge fund Pantera Capital, predicted that crypto markets would “decouple” from...
Twitch co-founder raises $24M for Web3 gaming firm Metatheory
17.5.2022
The funding round led by Web3-focused venture capital firms will be used for upcoming nonfungible tokens, comics and a play-to-earn game slated for late 2022
Finder’s Poll Conducted Weeks Before Terra’s Fallout Predicted LUNA Would Tap $143 This Year
16.5.2022
Just recently, the product comparison platform finder․com polled 36 fintech specialists about the cryptocurrency terra (LUNA) before terrausd (UST) lost its parity with the U.S. dollar. According to the poll, Finder’s experts predicted LUNA would be $143 before the end of the year....
Crypto Hedge Fund Elwood Closes $70M Funding Led by Goldman Sachs and Dawn Capital
16.5.2022
Australian Tax Office Warns Crypto Investors on Capital Gains Obligations
16.5.2022
The Australian Taxation Office (ATO) has published a guideline that sets out warnings for crypto investors on tax obligations around digital assets and NFTs
Crypto capital gains one of four key areas for Australian Tax Office
16.5.2022
“Remember, you can’t offset your crypto losses against your salary and wages,” said ATO assistant commissioner Tim Loh
Chainalysis Reaches $8.6 Billion Valuation In $170 Million Series F Funding Round
14.5.2022
Chainalysis, a cryptocurrency security and blockchain auditing firm, has announced it has completed a new funding round for its operations. The company raised $170 million in its Series F funding round, which was led by GIC — the Government of Singapore Investment Corporation —...
Veteran Investor Mark Mobius Expects Bitcoin to Fall Further — Cautions Crypto Traders Against Buying the Dip
14.5.2022
Veteran investor Mark Mobius, the founder of Mobius Capital, has cautioned cryptocurrency traders against using the “buy the dip strategy.” He expects the price of bitcoin to plunge further with some temporary relief happening at $20K. Mark Mobius’ Warning and His Bitcoin Price...
Wei Zhou & Joffre Capital Close Their Acquisition of Coins.ph
13.5.2022
Veteran tech executive Wei Zhou and buyout fund Joffre Capital closed their acquisition of Coins.ph earlier this month, the private equity firm has confirmed. Zhou will serve as CEO of the platform, an industry-leading fiat and crypto wallet service with over 16 million users in the Philippines...
Coinbase Ventures Backed Startup to Build Pan-African Crypto Exchange With $23 Million Capital Raise
13.5.2022
The African startup, Mara, recently said it has raised about $23 million in funding from organizations ranging from Coinbase Ventures to individual angel investors like Amit Bhatia and Hamad Alhoimaizi. Mara has also partnered with the Central African Republic (CAR) and will act as an adviser...
Uncovering Terra’s Implosion — Terraform Labs’ Big Name Backers and ‘Zero Exposure’ Claims
12.5.2022
Digital currency markets have continued to slide downward in value as the crypto economy has dropped by 14% during the past 24 hours. Amid the market rout, the native Terra blockchain token LUNA has dropped to fresh new lows, slipping to $0.0156 per unit. Terra’s founder Do Kwon revealed...