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Major crypto firms reportedly cut up to 10% of staff amid bear market
2.6.2022
Previous crypto bear markets triggered much bigger layoffs, with some firms like ConsenSys reportedly firing up to 60% of its workforce in 2018
A16z Launches $4.5 Billion Crypto Fund Focused on Web3 Opportunities
28.5.2022
A16z, one of the most influential VC firms in the crypto field, has announced the launch of a new cryptocurrency fund to invest in the development of Web3 startups. This fourth crypto fund from the firm, which will launch with a budget of $4.5 billion dollars, is set to focus on several key fields...
Study Shows the United States Is Home to 41% of the NFT Companies Worldwide
27.5.2022
According to a study called “A World of NFT Adoption” published by nftclub.com, the United States has the most non-fungible token (NFT) company headquarters in the world. While the U.S. captures more than 41% of the NFT companies worldwide, the second largest number of NFT startup...
Swinburne Uni brings Web3 firms to class
27.5.2022
The industry will be able to “tap into future talent” as the partnership sees Judo Bank and Web3 firm Banxa and co-creating content, hosting lectures, providing case studies and even giving students access to their networks
VAST Completes Private Investment Round as It Readies to Launch First-Ever EngageFi™ NFT Platform
26.5.2022
PRESS RELEASE. Miami, FL – VAST, the multimedia NFT marketplace that dropped the first-ever NFT sitcom featuring Snoop Dogg and The Harlem Globetrotters, has announced the completion of their strategic private investment round with leading blockchain venture capital firms: GHAF Capital,...
Brazil in Bitcoin Adoption Drive: Blockchain.com's Expansion, Miners' Tax Break, Real Estate Firm's BTC Choice
25.5.2022
Crypto adoption is gaining pace in Brazil, with the crypto wallet giant Blockchain.com looking to hire local staff, a major real estate firm committing to bitcoin (BTC) pay, and the government looking to incentivize crypto mining by waiving tax on imported mining hardware....
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Crypto Firms Launch Community-Powered Scam Reporting Platform ‘Chainabuse’
24.5.2022
Several crypto firms, including Binance and Circle, have launched a new crypto scam reporting platform. The tool “empowers anyone in the crypto economy to warn others about scams, hacks or other fraudulent activity as they encounter it.” New Crypto Scam Reporting Platform Launched...
Two credit card firms in Israel to let cardholders buy Bitcoin
18.5.2022
Two Israel-based credit card companies, Max and Isracard, have started working on Bitcoin investment and cashback solutions via a credit card
Fireblocks Deploys ‘Web3 Engine’ for Firms Eyeing GameFi, NFTs
17.5.2022
The custody and wallet tech provider is looking to expand beyond institutions involved in DeFi to a broader developer community around gaming, social media and entertainment
Citi, Wells Fargo, BNY Mellon Invest in Crypto Firm Talos as Institutional Adoption of Digital Assets Accelerates
11.5.2022
Several major financial services firms, including Citi, Wells Fargo, and BNY Mellon, are investing in institutional digital asset technology provider Talos, which aims to remove “the barriers to wide-scale crypto adoption.” The latest funding round values the company at $1.25 billion....
EU Ban on Tax-Haven Crypto Firms Could Breach Trade Law, Commission Warns
10.5.2022
Lawmaker proposals to blacklist non-compliant firms are getting a rough ride as the landmark crypto legislation reaches its final stages
Nigerian Fintech Founder: ‘African Fintechs Have a Greater Scale Potential Than Other Tech Startups’
9.5.2022
The African fintech industry has grown rapidly over the past few years and this has caught the attention of some well-resourced venture capital (VC) firms. As one would expect, Nigerian fintech startups have dominated the continent in terms of funds raised or the number of transactions performed....
Controlling 17% of BTC hash rate: Report on publicly listed mining firms
6.5.2022
Mining firm Core Scientific’s hash rate leads all public companies with 8.3 EH/s, and it mined 5,769 BTC in 2021
In Estonia, the Party’s Over for 'Hippie' Crypto Firms
5.5.2022
New laws could see the country’s crypto community slashed by 90%
Sequoia Capital Partner Believes Lots of VCs Will Pull Back From Crypto
2.5.2022
Shaun Maguire, a crypto partner of Sequoia Capital, one of the venture capital firms most active when it comes to investments in the cryptocurrency space, issued its opinion on the future of many VCs investing in crypto. To him, many of the companies that are now experimenting with crypto...
Belgian Registration for New Crypto Firms Kicks In on Sunday
29.4.2022
Existing wallet providers have until June 1 to notify under the anti-money laundering law
NYDFS calls for crypto firms to use blockchain analytics
28.4.2022
The regulatory agency asked crypto firms to adopt methods to ensure greater risk assessment for potentially problematic transactions
Tokens․com Makes a Big Metaverse Move into SuperWorld
26.4.2022
PRESS RELEASE. The Web3 Investment firm has purchased 40 NFT plots of virtual real estate on the SuperWorld platform. From companies like Apple and Facebook to brands like Puma and Gucci and beyond, suffice it to say the Metaverse is becoming the new frontier for commerce and community. And right...
A Year After Coinbase's Public Debut, Most Listed Crypto Firms Are Underwater Compared With Bitcoin's Performance; BTC Retreats From $42K
22.4.2022
Ukrainian crypto and blockchain firms survive despite ongoing conflict
20.4.2022
Executives at nonfungible token service provider Finch are planning to open an office in Miami, while many employees of blockchain firm NEAR have gathered in Lisbon