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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...

Brock Pierce Jumps into 2020 Presidential Elections Last Minute

5.7.2020
Brock Pierce joins the 2020 elections as a last-minute presidential candidate

DeFi Offers Potential Investment Opportunities said HyperChain Capital

5.7.2020
HyperChain Capital CEO says DeFi provides potential growth and investment opportunities for the digital assets management firm

Dalio Says Capital Markets Are ‘Not Free‘ as Central Banks Drive Economy

4.7.2020
Bridgewater CIO Ray Dalio claims capital markets are no longer free as central banks drive more of the economy

Coinbase Ventures Joins $23M Funding Round for Crypto Custody Firm

1.7.2020
Curv, a company that provides increased secrecy when it comes to holding crypto assets, has closed a $23 million Series A funding round

How Cryptocurrency Funds Work

1.7.2020
Cryptocurrency funds have some key differences from traditional investment funds, and we’ve laid them all out along with how you can get involved

Bitcoin Miner Hut 8 to Add 275 PH/s of Mining Capacity With $8.3M Capital Raise

1.7.2020
Hut 8 Mining Corp. has raised $8.3 million from the sale of 6% of its shares to investors. The Canadian bitcoin miner originally intended to raise $7.5 million from the sale, but it was oversubscribed. Totonto Stock Exchange-listed Hut 8 issued about 5.8 million “units” at a price...