Search
Chainalysis: Illicit Crypto Activity Falls — Scam Revenue 65% Lower Than Last Year
18.8.2022
Chainalysis has found that illicit crypto volumes are down this year, with total scam revenue sitting at $1.6 billion, 65% lower than where it was through the end of July last year. “Those numbers suggest that fewer people than ever are falling for cryptocurrency scams,”...
Bit Mining Secures $9.3 Million Registered Direct Offering From Institutional Investors
17.8.2022
Bit Mining Limited has announced that it has entered a $9.3 million registered direct offering with specific institutional investors. Bit Mining explained that it aims to use the funds from the offering to expand infrastructure and invest in new mining machines. Bit Mining to Use Fresh Capital...
Bill Ackman Among Investors as Venture Capital Crypto Firm Shima Capital Raises $200M Fund
17.8.2022
The Web3-focused fund, founded by a Wall Street veteran, is backed by crypto heavyweights Dragonfly and Animoca
Crypto Investment Firm CoinFund Launches $300M Web3 Fund
17.8.2022
Sectors of interest for the early-stage fund include layer 1 blockchains, gaming and NFTs
Nasdaq-Listed Eqonex Closing Crypto Exchange Due to High Competition, Fallen Volumes
17.8.2022
The Nasdaq-listed firm Eqonex is closing its cryptocurrency exchange business. The company cited high competition among crypto trading platforms and fallen volumes as key reasons for shutting down its exchange. Eqonex Closing Crypto Exchange Eqonex Ltd. (Nasdaq: EQOS), a digital asset financial...
Bitcoin price sees firm rejection at $24.5K as traders doubt strength
17.8.2022
$24,500 keeps control on hourly timeframes as gains for both Bitcoin and Ethereum are quickly extinguished
‘Big Short’ Investor Michael Burry Dumps All Stocks but One After Predicting Market Crash
17.8.2022
Hedge fund manager Michael Burry’s Scion Asset Management dumped all but one of its stock holdings in the second quarter, according to the firm’s filing with the U.S. Securities and Exchange Commission (SEC). Burry, famed for forecasting the 2008 financial crisis, has predicted...
Crypto Investment Firm Digital Currency Group Registers Executive as Lobbyist
16.8.2022
The move suggests DCG will be getting more involved in lobbying efforts in the future
Former CFTC Commissioner Dawn Stump Joins Crypto Risk Monitoring Firm Solidus Labs as Advisor
16.8.2022
The former commissioner of the U.S. Commodity Futures Trading Commission (CFTC) Dawn Stump has joined crypto risk monitoring firm Solidus Labs as an advisor
Galaxy Digital Terminates $1.2 Billion Bitgo Acquisition Deal, Crypto Firm Still Plans for Nasdaq Listing
16.8.2022
Galaxy Digital Holdings and the company’s CEO and founder Mike Novogratz announced the company has “exercised its right to terminate” a previously announced acquisition of Bitgo. According to Galaxy the termination of the deal was due to Bitgo’s “failure...
Blockchain Scalability Firm StarkWare Launches Recursion to Streamline Ethereum
15.8.2022
Recursive proofs could bundle tens of millions of NFTs off-chain to help streamline Ethereum
Crypto Custody Firm BitGo to Sue Galaxy Digital for Abandoning $1.2B Merger Agreement
15.8.2022
BitGo said Galaxy Digital owes it a $100 million break-up fee
Blockchain Services Firm Eqonex Closes Crypto Exchange, Citing Volatility and Dwindling Volume
15.8.2022
Eqonex Limited has closed its crypto exchange in order to focus on its custody and asset management business
Crypto-focused venture firm Dragonfly acquires hedge fund: Bloomberg
15.8.2022
Amid the grueling bear market for Bitcoin, Ether and altcoins, the cryptocurrency industry is undergoing consolidation
Crypto Venture Capital Firm Dragonfly Buys Hedge Fund MetaStable Capital: Report
15.8.2022
Dragonfly has also rebranded itself, according to Bloomberg
Galaxy Digital Ends Plan to Acquire Crypto Custody Firm BitGo
15.8.2022
The $1.2 billion acquisition was announced May 2021 and was expected to close by the end of that year
Leading European Tire Retreader Vaculug to Accept Crypto Payments
15.8.2022
Vaculug, a British company that brands itself as Europe’s largest independent tire retreader, will now accept cryptocurrencies for its products and services. Its management says the business must move with the times and offer customers more options than pounds and pence. Vaculug to Take...
Skybridge Expects Bitcoin to Reach $300K in 6 Years — ‘You Are Going to See a Lot More Commercial Activities’
15.8.2022
Skybridge Capital is “pretty optimistic” about bitcoin and ethereum over the next 12 to 24 months. The global asset management firm’s founder explained that the world’s largest cryptocurrency could reach $300K in six years, urging investors to “just relax”...
US Venture Capital Firm Leads New Investment in Nigerian Startup Teamapt
14.8.2022
The United States-based venture capital (VC) firm, QED Investors, recently led an investment round that raised more than $50 million for the Nigerian fintech Teamapt. The investment, as well as the VC firm’s hiring of personnel tasked with spearheading its investments in Africa, seem...
Blockchain Firm Skynet Labs Shutters After Failing to Get New Funding
12.8.2022
Skynet Labs was formed to promote decentralized internet platform Skynet