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Nalezeno "VC activity": 1024

Report: Chainalysis Detects ‘Significant’ Wash Trading Using NFTs


Chainalysis, one of the leading blockchain and cryptocurrency auditing firms, has issued a report indicating signs of significant wash trading activity involving NFTs. In these operations, some actors effectively sell their assets to themselves, with the intention of increasing the floor price...

Chrono․Tech Attracts $30 million Investment


PRESS RELEASE. Australian asset manager Mark Carnegie and a European Family Office have recently taken stakes in the company, totalling around $30 million, as Chrono’s ecosystem soared in activity and value over the course of 2021. The growth of the crypto market and blockchain sector...

Utility Seeks $800,000 From Russians Mining Crypto With Cheap Power


The main utility company in Irkutsk is looking to collect almost $800,000 from owners of crypto farms that have allegedly caused a spike in electricity consumption in the Russian region. The supplier accuses the miners of burning cheap household electricity in what is, in fact, a business activity....

Crypto.com Suspends Withdrawals After 'Unauthorized Activity'


  Major crypto platform Crypto.com has suspended withdrawals and says that all funds are safe after what has been described as “unauthorized activity” in a small number of user accounts. The update from Crypto.com followed user reports from earlier today about unusual on-chain activity from...

Illicit Activity’s Share in Crypto Shrinks, 'Significant Problem' Remains


  The growth of legitimate crypto usage is far higher than that of illicit usage, according to blockchain analysis company Chainalysis. However, illicit activity is still “a significant problem.”  “Transactions involving illicit addresses represented just 0.15% of cryptocurrency transaction...

Defi Kingdoms Reaches Record Activity Levels on Top of Metaverse Push


Defi Kingdoms, a metaverse-based blockchain game, is experiencing a rise in activity due to the push that metaverse projects are now having in the market. According to Dappradar, the activity on the game has risen considerably. This is also accompanied by the rise in the price of its native token...

Illegal Crypto Miners Threatened With Jail Time in Russia


Cryptocurrency miners that are illegally connecting their equipment to the power grid should go to prison, says a Russian lawmaker who recently announced that his nationalist party is working on draft legislation to regulate the crypto activity. The industry cannot rely on support from the state...

New Cryptocurrency Bill Advances to Senate in Brazil


A new cryptocurrency bill was approved by the Chamber of Deputies of the Brazilian Congress last week, and is now awaiting review by the Senate for approval. The project, if approved, would introduce a central body to regulate all cryptocurrency brokerage activity — ostensibly the Central...

Russian Officials Back Idea of Recognizing Crypto Miners as Entrepreneurs


Cryptocurrency mining should be recognized as an entrepreneurial activity under Russian law and taxed accordingly, representatives of key ministries in Moscow and the parliament have indicated. Officials believe the regulatory move would benefit both the state and the crypto industry. Russian...

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