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Binance Pauses Bitcoin Withdrawals Due to 'Backlog'


  Major crypto exchange Binance paused bitcoin (BTC) withdrawals due to a backlog, according to its CEO. Changpeng Zhao tweeted today that there has been a “temporary pause” of BTC withdrawals on the exchange. Per the CEO, this is the result of “a stuck transaction causing a backlog.” He went...

Huobi Launches Blockchain and Web3 Investment Arm Ivy Blocks


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...

Felix Capital Raises $600 Million to Grow Web3 Exposure


Felix Capital, a London-based VC company, has raised $600 million in its fourth fundraising round, this being its biggest yet. The company, which has been investing in commerce and money-tooling startups, is planning to use part of the funds raised to increase its Web3 exposure as part of its...

Report: Luxury Fashion Retailer Farfetch to Accept Crypto Assets for Payments


The British-Portuguese luxury fashion retailer Farfetch said it will accept crypto assets soon thanks to a partnership with the German crypto platform Lunu. Farfetch will accept seven different crypto assets including bitcoin, ethereum, and binance coin, and the feature will be rolled out to select...

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