Search
Maven 11 Targets $100 Million in Funding for Third Crypto Venture Fund
10.11.2023
Source: Adobe / Sutthiphong Amsterdam-based crypto venture capital firm Maven 11 has unveiled its third fund with a goal of securing $100 million. This research-driven fund will aim to invest in early-stage crypto projects that align with Maven 11’s mission to “redefine...
Is It Too Late to Buy THORChain? RUNE Price Soars 33% as a Sleeper Meme Coin Approaches $1.5 million
10.11.2023
THORchain network’s native RUNE token has seen an impressive rally following a +33% pump, but with RUNE price trading high, investors are asking ‘is it too late to buy THORchain?’. The THORchain rally has been fuelled by incredible growth in Thorswap trading volumes, which...
Senator Ted Budd Proposes Keep Your Coins Act Following SBF’s Conviction
8.11.2023
Senator Ted Budd (R-NC) introduced a bill yesterday that would see crypto users’ assets kept in self-hosted wallets in hopes of mitigating third-party risk. Self-hosted wallets The bill, appropriately titled the “Keep Your Coins Act,” was formally introduced by Budd in the Senate on November...
Robinhood to Launch Crypto Trading Services in EU in the “Coming Weeks”
8.11.2023
Source: AdobeStock / Rafael Henrique Robinhood has revealed plans to introduce cryptocurrency trading services in the European Union (EU) in the near future. Vlad Tenev, CEO and co-founder of the popular brokerage firm, made the announcement during the company’s third-quarter earnings report....
Germany’s Third-Largest Bank Unveils Blockchain-Based Digital Custody Platform for Institutional Investors
6.11.2023
DZ Bank, one of Germany’s leading financial institutions with assets totaling 300 billion euros, has launched its own blockchain-powered custody platform. According to an announcement by the bank, the platform is specifically designed to cater to institutional clients, enabling them to engage...
DZ Bank, third-largest German bank, to start crypto custody for institutional investors
6.11.2023
DZ Bank AG launches its own digital assets custody platform, built on blockchain
Block’s Q3 Earnings Show $2.42 Billion Bitcoin Revenue, Marking 37% Annual Growth
5.11.2023
Block Inc. reported an increase in third-quarter earnings, with total net revenue climbing to $5.62 billion, marking a 24% year-over-year growth. Setting aside its bitcoin operations, the company’s revenue saw a jump to $3.19 billion, up 16% from the previous year. The firm’s...
Central Bank Gold Demand Swells in Q3 Amid Global Unrest
4.11.2023
Central banks around the world maintained their appetite for gold in the third quarter of 2023, with their purchases totaling 337 metric tons, the World Gold Council’s (WGC) third-quarter report shows. Analysts from the council suggest that this steady central bank activity is indicative...
Investigation Reveals El Salvador Misused One-Third of $600 Million COVID Relief for Bitcoin
1.11.2023
The COVID-19 pandemic plunged El Salvador into economic turmoil in 2020, causing GDP to plummet nearly 8% and leaving many struggling to survive the strict lockdown measures. So when the Central American Bank for Economic Integration (BCIE) approved a $600 million loan in 2021 to provide relief...
LIVE: Sam Bankman-Fried Takes the Stand for a Third Day in FTX Fraud Trial
30.10.2023
Sam Bankman-Fried will continue his defense Monday against allegations he committed fraud and conspired to commit other forms of fraud in operating FTX and Alameda Research
Staking Crypto Yields Hit Historic Low as Proof of Stake Networks See Rising Stake Rates – What’s Going On?
26.10.2023
As proof of stake networks see a surge in stake rates, a consequent plummet in staking yields is concerning investors and market watchers. According to a third-quarter report from Staked, a subsidiary of the Kraken exchange, the average staking yield for the top 35 stakable cryptocurrencies...
Testimony from the FBI, Kendall Jenner, and Revealing Twitter Messages: Recapping the Third Week of the SBF Trial
20.10.2023
The action-packed third week of Sam Bankman-Fried's historic fraud trial concluded Thursday afternoon in Manhattan federal court. Here's what you missed.
The prosecution started with a bang as Nishad Singh delivered a powerful testimony against the now-disgraced FTX founder.
Singh testified that...
Tesla Maintains $184M Bitcoin Holdings as Elon Musk Flags Concerns Over High Interest Rates
20.10.2023
Tesla’s third-quarter financial statement reveals that the electric car company has not sold any of its bitcoin. Its most recent balance sheet shows that Tesla continues to hold bitcoin valued at $184 million. Meanwhile, Tesla CEO Elon Musk has raised concerns about the high-interest rate...
FTX General Counsel gives Damning Testimony against Bankman-Fried in SBF Trial
19.10.2023
The trial against Sam Bankman-Fried continued in Manhattan federal court Thursday when Can Sun, FTX's former general counsel, took the witness stand.
The prosecution presented a robust direct examination of the Yale-educated Sun, who served as general counsel for FTX from August 2021 through...
FTX General Counsel gives Damning Testimony against Bankman-Fried in SBF Trial
19.10.2023
The trial against Sam Bankman-Fried continued in Manhattan federal court Thursday when Can Sun, FTX's former general counsel, took the witness stand.
The prosecution presented a robust direct examination of the Yale-educated Sun, who served as general counsel for FTX from August 2021 through...
TrueUSD's Client Data Exposed in Third-Party Security Breach
17.10.2023
Stablecoin issuer TrueUSD recently fell victim to a third-party security breach that led to the exposure of personally identifiable information of some of its clients.
According to screenshots posted on X of an email allegedly sent by TrueUSD to customers, the breach affected clients who were...
Digital Asset Products Notch Third Consecutive Weekly Inflow, Attract Over $15 Million
17.10.2023
Cryptocurrency products recorded inflows for the third consecutive week signaling improved sentiment from institutional investors after a shaky start to the year.
A new CoinShares report on Oct 16 tracking weekly flows into cryptocurrency investment products shows a win for the market, an uptick...
TrueCoin’s third-party vendor breach potentially leaks TUSD user data
17.10.2023
TrueCoin’s internal systems were not impacted or accessed, as the company confirmed that the attack was an isolated incident and limited to a third-party vendor
Crypto payment option for Honda cars only works via third-party platform
16.10.2023
FCF Pay’s X account has been suspended amid circulating misreporting about its “partnership” with Honda, which has never happened
Biden considers tightening AI chip controls to China via third parties
13.10.2023
The additional restrictions being considered by the Biden administration would try to target ways Chinese developers could access U.S.-made AI semiconductor chips