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Foresight Ventures Acquires The Block in $70 Million Deal


Source: Pixabay Crypto news site The Block has been sold to venture capital group Foresight Ventures in a $70 million deal. Foresight Ventures will acquire a 80% share of the company, Axios reported. The Block CEO Larry Cermak said in an X post on Monday that the acquisition would provide...

Bitcoin Argentina Presents Draft Legislation to Regulate Cryptocurrency


Image Source: Pixabay Bitcoin Argentina, a non-government organization dedicated to promoting crypto, has presented a draft bill aimed at regulating the cryptocurrency market in a manner that ensures decentralization and enhances public trust.  The proposal was introduced by Bitcoin...

Maven 11 Targets $100 Million in Funding for Third Crypto Venture Fund


Source: Adobe / Sutthiphong Amsterdam-based crypto venture capital firm Maven 11 has unveiled its third fund with a goal of securing $100 million. This research-driven fund will aim to invest in early-stage crypto projects that align with Maven 11’s mission to “redefine...

QCP Capital Does Not Expect Spot Bitcoin ETFs to Hit the Market Until 2024


Image by plysuikvv, Adobe Stock. Trading firm QCP Capital does not expect the Securities and Exchange Commission (SEC) to approve a spot Bitcoin ( BTC) ETF until 2024. In a recent post on Telegram, the company said the anticipation surrounding the approval of spot Bitcoin ETFs is reaching a fever...

Spartan Capital Invests in DeFi Protocol Pendle in a Follow-on Funding Round


Source: Medium/Spartan Group In a strategic move to boost the burgeoning landscape of decentralized finance (DeFi), Spartan Capital has announced its continued commitment to Pendle Finance through an over-the-counter (OTC) acquisition. We're excited to share that we have made a follow-on...

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