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Korean VC Firm Daesung Private Equity Announces $83 Million Metaverse Fund
3.12.2022
Daesung Private Equity, a Korean venture capital firm, has announced the launch of a metaverse fund of 110 billion won ($83.5 million). The fund, which will have the participation of the Korean state represented by Korea Venture Investment Corporation’s Korea Fund of Funds, aims to...
How to keep your cryptocurrency safe after the FTX collapse
3.12.2022
Sam Bankman-Fried's fraud of misappropriating users' funds have led investors to explore options that can help safeguard their investments
The next wave of DeFi has arrived; Oryen Network beats CAKE And UNI price action!
3.12.2022
Since its inception, human society has continuously improved by creating new technologies and finding answers to the challenges that have afflicted it for so long. These technologies are widely used in a variety of fields, including the banking and money industry. Because of man’s need...
EU Parliament to ‘Vote on Adopting the Regulation on MiCA’ — Expert Says Industry Needs Legal Clarity
3.12.2022
In a recent statement, the European Parliament said its members would shortly “vote on adopting the regulation on markets in crypto-assets (MiCA).” According to the parliamentary body’s think tank, the envisaged regulations are expected to provide “legal certainty...
Diversify your portfolio with BudBlockz, PancakeSwap, and Ripple
3.12.2022
When the cryptocurrency market is bullish, it is almost impossible to sell a token at a loss. However, investors can’t be certain of the market’s temperament due to the volatility of cryptocurrency. It is here that the significance of a well-diversified portfolio comes into play. Living...
Bitcoin Price and Ethereum Prediction; Hot US NFP Backs the Fed’s Call for Higher Rates
3.12.2022
On December 3, Bitcoin, the leading cryptocurrency, struggled to break above the $17,250 level, and it is now heading lower to $16,900. Similarly, Ethereum, the second-most valuable cryptocurrency, has fallen after being rejected at $1,300 and is now consolidating near $1,275....
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FTX US ex-president reportedly seeks $6M funding to launch crypto startup
3.12.2022
The ex-president of FTX US, Brett Harrison, is reportedly planning to launch a start-up that would build crypto trading software for big investors
Uzbekistan Approves Rules for Issuance and Circulation of Crypto Assets
3.12.2022
The authority responsible for crypto oversight in Uzbekistan has determined the order of issuing and circulating digital assets in the country. The main reason behind the move is to establish a mechanism that would allow local companies to attract capital through coins and tokens. Uzbekistan...
US Lawmakers Say Any Digital Dollar Must Be Open, Permissionless, and Private
3.12.2022
Nine U.S. lawmakers have raised concerns regarding the U.S. central bank digital currency project led by the Federal Reserve Bank of Boston. The lawmakers stressed: “Any U.S. CBDC must be open, permissionless, and private.” Congressmen Say Any US CBDC Must Be Open, Permissionless,...
US Senator: Bitcoin Is a Commodity — ‘There Is No Dispute About This’
3.12.2022
U.S. Senator John Boozman says bitcoin, although a cryptocurrency, is a commodity in the eyes of the federal courts and the Securities and Exchange Commission (SEC) chairman. He stressed that exchanges where commodities are traded, including bitcoin, must be regulated and the Commodity Futures...
Inside LBank’s Exquisite Afterparty at DCENTRAL Miami
3.12.2022
PRESS RELEASE. INTERNET CITY, DUBAI, Dec 2nd, 2022 – LBank, a global crypto exchange, hosted an ‘LBank & Crypto Friends’ afterparty alongside the Web3 conference DCENTRAL Miami. LBank was proud to host more than 200 guests from all layers of the industry. This was LBank’s second event in Miami...
US Regulator CFTC Met With Sam Bankman-Fried 10 Times Before Crypto Exchange FTX Collapsed
2.12.2022
The chairman of the Commodity Futures Trading Commission (CFTC) has revealed that he and his team met with Sam Bankman-Fried and other FTX executives 10 times before the crypto exchange filed for bankruptcy. The regulator sees the FTX collapse as “a classic run based on liquidity...
NFT Steez and Victor Solomon chat about building in Web3 and the Metaverse
2.12.2022
This week NFT Steez spoke to award winning artist Victor Solomon about basketball, the Metaverse, Web3 and his unique NFT collection
South Korean judge dismisses arrest warrants for Terra co-founder Do Kwon's former associates
2.12.2022
Judge Hong Jin-Pyo reportedly said there was little risk of Shin Hyun-seong or other Terra associates destroying evidence related to the case against the platform
DeFi ecosystem still haunted by FTX contagion: Finance Redefined
2.12.2022
Top-100 DeFi tokens saw a bullish wave with the start of the new month, but many DEX platforms are still haunted by FTX contagion
Never mind FTX — Fine arts institutions should still onboard to blockchain
2.12.2022
The strategic adoption of blockchain technology still makes sense, regardless of the distraction FTX created for cryptocurrency
Opera Crypto Browser to enable instant NFT minting through launchpad
2.12.2022
Opera executive Susie Batt said that the tool will not have any platform usage fees and will allow people to freely explore the NFT industry
DXY bounces at major support, reducing Bitcoin’s chance at breaking the $17.2K resistance
2.12.2022
The dollar index (DXY) found support at a key level, leading traders to question whether BTC will manage to flip $17,250 to support
While the FTX Co-Founder Claims He ‘Wasn’t Running Alameda,’ SBF Is Asked Why He Threw Caroline Ellison ‘Under the Bus’
2.12.2022
While the former FTX CEO Sam Bankman-Fried (SBF) has done numerous interviews, during these discussions he’s explained on numerous occasions that as far as Alameda Research is concerned, he “wasn’t running Alameda.” SBF wasn’t the CEO of the trading firm Alameda Research as the job was handled...
Dems and Reps join forces to pressure SBF to testify before Congress
2.12.2022
“Your willingness to talk to the public will help the company's customers, investors, and others," said House Financial Services Committee chair Maxine Waters, addressing SBF