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Austrian Post Builds the Future of Digital Stamp Collecting
19.7.2022
PRESS RELEASE. Austrian Post, the national postal service of Austria, has announced the launch of its latest product called Crypto stamp art (CSA), which is based on the Ethereum blockchain. The shift to focus on going digital first is significant, since Austrian Post is a major player in...
Investment Firm Valkyrie Branches Into Venture Capital With Focus on Israeli Crypto Startups
19.7.2022
Veteran venture capitalist Lluis Pedragosa is leading the new team with a $30 million target fund
Leading Auction House Christie’s Launches Web3 and Fintech Venture Arm
19.7.2022
On Monday, Christie’s, the leading British auction house founded 256 years ago in 1766, announced the launch of a new venture fund called Christie’s Ventures. According to the announcement, the company’s venture arm plans to focus on “[Web3] innovation, art-related...
Report: Equitiesfirst Named as Mystery Debtor to Celsius, $439 Million Owed to Crypto Lender
17.7.2022
Ever since Celsius paused withdrawals on June 12, the company has been the focus of attention due to the lender’s financial hardships. A month later, Celsius filed for bankruptcy in the U.S. by leveraging the Chapter 11 process. Two days after the bankruptcy filing, a report disclosed that...
Shanghai Aims to Grow a $52 Billion Metaverse Cluster by 2025
15.7.2022
The Government of the city of Shanghai has proposed a group of guidelines to help it shift into a metaverse power. The plan of action defines each one of the technologies that the municipality needs to focus on to achieve the goals of building a $52 billion metaverse economy, while at the same time...
First Mover Asia: M&A Bankers See Crisis as Opportunity, With Celsius and Inflation in Focus
14.7.2022
One analyst says "meh" as bitcoin climbs back above $20K, as reports surfaced that the troubled crypto lender Celsius might be teeing up a bankruptcy filing. Mergers & acquisitions bankers are seeing a slew of deals stemming from the current market crisis
International Securities Regulator IOSCO to Focus on Global DeFi, Crypto Rules
11.7.2022
The global standard-setter IOSCO's new fintech task force will focus on setting up policy recommendations for digital assets to be published in 2023
CoinFlex Begins Arbitration Against $84M Delinquent Customer; FLEX Holders in Focus
11.7.2022
The company said it was speaking with depositors looking to help the business by “rolling some of their deposits into equity.”
Finance Redefined: UK government explores DeFi with a focus on staking and lending
8.7.2022
Majority of the top-100 DeFi tokens broke out of three week long bearish phase and registered double digit gains over the past week
Former Tiktok Gaming Boss Launches Metao, a ‘Blockchain Agnostic’ Gaming Company
8.7.2022
Jason Fung, former head of gaming at Tiktok, the video-based social media, is launching a blockchain-based gaming startup. The company, called Metao, will focus on providing “blockchain-agnostic” solutions that will allow Web3 game creators to expand their reach and not be limited...
Brazil Creates Crypto-Dedicated Investigation Unit
5.7.2022
The public prosecution of the Federal District, located in the center-west region of Brazil, has launched its own cryptocurrency investigation unit. The newly formed unit will focus its activities on aiding other prosecutors in cryptocurrency investigations, and also educating consumers about...
Meta, Microsoft, and Others Launch Metaverse Standards Group
23.6.2022
Meta, Microsoft, and 31 more companies have united to form an organization to promote the creation of open standards regarding metaverse tech. The institution, named the Metaverse Standards Forum, will focus on establishing standards to make each one of the metaverses on the internet interoperable...
Report: Crypto Hedge Fund Three Arrows Capital Pitched a GBTC Arbitrage Trade Before Rumored Collapse
22.6.2022
Last week there was a lot of focus on the crypto hedge fund Three Arrows Capital (3AC) as the firm allegedly had a great deal of leveraged positions liquidated and there’s been speculation about insolvency. According to a recent report, 3AC’s over-the-counter (OTC) operation...
'Staked Ether' Becomes Focus of Crypto Stress, From Celsius to Three Arrows
15.6.2022
The price gap between the locked-up ether on Lido and spot ether jumped to record highs as large holders sell their tokens, drawing concern of a potential ripple effect on crypto lending markets
Huobi Launches Blockchain and Web3 Investment Arm Ivy Blocks
12.6.2022
Huobi, a leading cryptocurrency exchange, has announced the creation of a new investment arm to tackle decentralized finance and Web3 projects. Ivy Blocks, as it was named by the exchange, will focus on finding projects in seed stages to aid them via financing and other supporting services with...
NXTT’s New Roadmap Looks Set to Strike Through the Bear Market
11.6.2022
Next Earth, the virtual replica of Earth and now the third-largest metaverse, has remained resilient amidst a brutal bear market that has seen the value of almost everything drop precipitiously. Now, Next Earth is putting even more focus on its NXTT token to support a rally against the bear market....
Everything Shown At Summer Game Fest’s Big Kickoff Event
9.6.2022
Summer Game Fest. Hot Geoff Summer. The Geoffening. Keigh3. Call it what you will, but despite a notable absence of E3 this year, the de facto high video game marketing season is nonetheless underway. Over the course of a streamed event that ran for two hours but felt like 2o, host Geoff Keighley...
Citadel, Charles Schwab, Fidelity Join Forces to Build Cryptocurrency Trading Platform
9.6.2022
Citadel Securities and Virtu Financial are reportedly building a cryptocurrency trading platform with help from Fidelity Investments and Charles Schwab. “We know there is significant interest in this cryptocurrency space and we will look to invest in firms and technologies working to offer...
Japanese VC Firm Mistletoe Strengthens Crypto Focus, Says Web3 Will Spread to All Industries
7.6.2022
The Japanese venture capital firm Mistletoe is strengthening its focus on the crypto industry amidst the market downturn, arguing that Web3 will “spread to all industry segments” in the future, just like the Internet has done.
Speaking with Cryptonews.com, Atsushi Taira, the co-founder...
Binance Labs Launches $500 Million Web3, Blockchain Fund
3.6.2022
Binance Labs, the venture capital arm of the leading crypto exchange, has announced the launch of a new fund that will focus its action on Web3 and blockchain technologies. The fund, which will launch with $500 million in capital, will invest in companies that take cryptocurrencies and extend their...