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‘We’ve Seen Enough’: Battered Bitcoin at $26K Can’t Stay Down Much Longer, Pantera’s Morehead Says
23.8.2023
By one measure, bitcoin's price performance this cycle is the worst in the asset's history
BlockFi Challenges FTX, Three Arrows in Legal Dispute Over Repayments
23.8.2023
Bankrupt crypto lender BlockFi is trying to block efforts from FTX and Three Arrows Capital (3AC) to recover billions of dollars transacted between the firms before they collapsed last year.
In a Monday court filing, BlockFi accused FTX and Three Arrows Capital of victimizing the company...
BRICS Bank to Issue First Indian Rupee Bond — Plans to Boost Local Currency Lending
23.8.2023
The New Development Bank (NDB), also known as the BRICS Bank, is reportedly planning to issue its first Indian rupee bond by October. Last week, the bank issued its first South African rand bond. “NDB is seeking to increase its presence in the local capital markets of its member countries,...
Titan Global Capital Management Settles with the SEC, Agrees to $1 Million Fine for Misleading Crypto Fund Claims
23.8.2023
The New York-based fintech investment adviser, Titan Global Capital Management, has agreed to comply with the US Securities and Exchange Commission's (SEC) cease-and-desist order and paid fines exceeding $1 million for misleading investors about its cryptocurrency offering....
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BlockFi argues FTX, Three Arrows Capital isn't entitled to repayments
23.8.2023
BlockFi argues its creditors, not FTX’s, are the “ultimate victims” of FTX’s alleged fraud
SEC Charges Crypto Investment Adviser for Publishing Misleading ‘Hypothetical Performance Projections’
22.8.2023
The U.S. Securities and Exchange Commission (SEC) has charged Titan Global Capital Management for publishing misleading “hypothetical performance projections” regarding its crypto investment product. Titan Global is also accused of violating the marketing rule when it advertised...
Momentum Capital Gains $10M Investment to Hunt for Crypto's Next 'Apple'
22.8.2023
San Francisco-based crypto-native fund Momentum Capital has secured an investment of $10 million from Canada's BM Fund.
In a Monday press release, the company revealed that it acquired the new funding in July this year.
The investment will be used to expand Momentum Capital's team and support...
Maple Finance Eyes Asian Expansion With $5M Investment, Returns to Solana
22.8.2023
The protocol’s focus on growth in Asia Pacific showcases the region’s increasing importance in the crypto industry
Blockchain Capital Co-Founder Sues Hacker For Stealing $6.3 Million in a SIM-Swap Attack
21.8.2023
Co-founder and managing partner at Blockchain Capital, Bart Stephens, has taken legal action against an unidentified hacker who allegedly stole $6.3 million worth of cryptocurrencies from his digital wallets, Forbes reported.
Stephens claims Jane Doe exploited a SIM-swap vulnerability...
Gemini Challenges SEC Lawsuit on Lending Program, Pushes for Oral Hearing
21.8.2023
Lawyers for cryptocurrency exchange Gemini have filed a motion seeking to dismiss a lawsuit brought against it by the U.S. Securities and Exchange Commission (SEC) over its Gemini Earn lending program. In the motion, Gemini argues the SEC has failed to plausibly allege that any securities laws were...
Dollarization Can Lead to ‘Economic Contraction and Collapse’ of Argentine Economy — Former US Treasury Official
20.8.2023
The U.S. chairperson of the Official Monetary and Financial Institutions Forum (OMFIF) has characterized the Argentinian presidential hopeful’s plan to fully dollarize the economy as “a far too risky gamble.” Mark Sobel said full dollarization without an exit policy “could...
Zetachain Raises $27 Million to Develop a ‘Chain to Manage Them All’
19.8.2023
Zetachain, a project that seeks to build one chain to interoperate with all other blockchains, announced it raised $27 million in a Series A funding round. Blockchain.com, Human Capital, Vy Capital, Sky9 Capital, and Jane Street Capital, among others, participated in the funding round. Zetachain...
Crypto grants foster innovation amid venture capital exodus
18.8.2023
Alternative funding options, such as grant programs, have grown in popularity as the bear market continues to slash venture capital from the crypto industry
Blockchain-Harnessing AI Project Jada Receives $25M in Capital
17.8.2023
The project's aim is to offer AI services that aid decision-making for organizations and scale up their operations
Bitgo Secures $100 Million in Series C, Firm’s Valuation Climbs to $1.75 Billion
16.8.2023
The digital asset trust firm Bitgo, headquartered in Palo Alto, California, has secured $100 million in a Series C funding round. While the company remains tight-lipped about the participants in this financial endeavor, this fresh infusion of capital catapults the firm’s post-valuation...
Dubai Fines Co-Founders of Failed Three Arrows Capital Over New Exchange OPNX
16.8.2023
Dubai’s Virtual Assets Regulatory Authority (VARA) has slapped failed 3AC co-founders with a massive $2.7 million fine against their new crypto project OPNX.
Crypto exchange OPNX, co-founded by Kyle Davies and Su Zhu who established the now-defunct hedge fund Three Arrows Capital (3AC),...
Ex-Meta Engineer’s Layer-1 Blockchain Linera Raises $6M in New Funding
16.8.2023
The layer-1 blockchain’s initial seed funding round was led by a16z crypto and has now raised $12 million in total
Singapore Court to Adjudicate DeFiance Capital's $140 Million Dispute with 3AC Liquidators
16.8.2023
A judge in Singapore has decided that a $140 million legal dispute between bankrupt crypto hedge fund Three Arrows Capital’s (3AC) liquidators and investment firm DeFiance Capital will be heard in the city-state, against the will of the liquidators.
The disagreement between the parties center...
Singapore Announces Stablecoin Rules, MAS to Label Regulated Tokens
16.8.2023
The Monetary Authority of Singapore (MAS) unveiled regulations aimed at ensuring the value stability of each stablecoin regulated in the city-state. Under the new rules, issuers that want their fiat-pegged tokens to be labeled as “MAS-regulated” will have to meet certain requirements. Singapore...
BTC price can reach $34K as Bitcoin faces support 'kiss' — QCP Capital
15.8.2023
Bitcoin lacks major volatility catalysts, but a classic support bounce could spark the return of the highest BTC prices in over a year, analysis predicts