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Edward Snowden Says Use Crypto, Don't Invest in It


Edward Snowden, whistleblower and president of the the Freedom of the Press Foundation, sees more value in cryptocurrencies in their use, saying he doesn't encourage people putting their money into crypto as an investment

Lawsuit Claims US Labor Department’s Crypto Guidance Is Unlawful


The U.S. Department of Labor has been sued by a 401(k) plan administrator over its cryptocurrency guidance. “This lawsuit seeks to preserve the rights of American investors to choose how to invest money in their own retirement accounts.” U.S. Labor Department Sued Over Crypto Guidance...

Binance Labs Launches $500 Million Web3, Blockchain Fund


Binance Labs, the venture capital arm of the leading crypto exchange, has announced the launch of a new fund that will focus its action on Web3 and blockchain technologies. The fund, which will launch with $500 million in capital, will invest in companies that take cryptocurrencies and extend their...

South Korea to Invest $177 Million Directly in Metaverse Platforms


The government of South Korea has announced it will start investing in metaverse projects directly. More than $177 million dollars will be invested to kickstart national jobs and companies in this field, according to statements made by Lim Hyesook, minister of science and information...

A16z Launches $4.5 Billion Crypto Fund Focused on Web3 Opportunities


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...

Popular Radio Presenter Suspended for Alleged Ties to Bitcoin Scam


South Africa’s national broadcaster has suspended one of its employees that is accused of convincing unsuspecting people, including pensioners, to invest in a cryptocurrency scam. More than 100 people are believed to have fallen victim to promises of very high returns to investors in...

Central Africa Republic’s Bitcoin Adoption: The Real Work Must Start Now


The Central Africa Republic (CAR)’s surprise bitcoin adoption decision once again shows that the top cryptocurrency can be an alternative to fiat currency. However, the African country still needs to invest heavily in its telecommunications infrastructure. The CAR also needs to prioritize...

A16z Launches $600 Million Web3 Gaming Focused Fund


A16z has launched a new fund that seeks to invest $600 million in gaming experiences including Web3 and metaverse. The fund, which seeks to build the future of the gaming industry, aims to back several startups and projects in different areas including gaming studios, the intersection of gaming...

The Crypto Bear Market Is Here: How to Invest Now?


  Bitcoin (BTC) is down almost 40% year-to-date, while most leading altcoins have dropped 50% to 70% since the start of 2022. So it’s fair to say, we are in a bear market. However, that doesn’t mean you have to exit the crypto markets because we’re having a bad first half of the year.  Read on...

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