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SEC Clampdown Has Crypto Space Abuzz, Pantera Capital Says We’re in Bull Market, and Much More — Week in Review
19.2.2023
There’s been no shortage of news in past weeks when it comes to the United States Securities and Exchange Commission (SEC) taking action against crypto exchanges and companies. From Kraken, to Paxos, to Terraform Labs, it seems enforcement is in the air when it comes to chair Gary...
African Fintech Startups Raised $1.45 Billion in 2022 — Sector’s Share of the Continent’s Total Funding Drops
19.2.2023
Despite seeing their share of Africa’s startup funding drop from 48.3% seen in 2021 to 43.4% in 2022, fintech still managed to raise 39.3% more capital in 2022 ($1.45 billion) than they did in 2021 ($1.04 billion). Nigeria was again the best-funded country after 180 of its startups raised...
BlockTower Capital Loses $1.5M in DeFi Market Aggregator Dexible Exploit: Blockchain Data
17.2.2023
The crypto asset investment firm BlockTower Capital may have lost $1.5 million in TRU tokens, according to two blockchain intelligence firms
GloryFinance and Korean Technology Venture Capital Sign a $3.5m Seed Round Investment Agreement
17.2.2023
PRESS RELEASE. Early Jan 2023, in GloryFinance’s Development office, the Project’s Core team and representatives from one of the top Korean Technology Venture Capital has signed in a seed round funding investment agreement with a value confirmed to be USD 3.5M. The funding will be under the form...
Web3 Messaging Platform Salsa Raises $2M in Pre-Seed Round
16.2.2023
The mobile app is now available in beta and has a partnership with a Proof of Attendance Protocol (POAP)
Prevu3D raises $10 million in a funding round led by Cycle Capital
16.2.2023
Prevu3D happened to have been successful in securing a loan amount of $10 million through a Series A round. This was duly led by Cycle Capital. It also brought in some of the previous investors of the entity, such as Brightspark Ventures and Desjardins Capital. Incidentally, where Cycle Capital...
Cardano Price Forecast as Founder of Crypto Capital Venture Says ADA is Likely Not a Security – ADA to the Moon?
16.2.2023
ADA, the ticker for cryptocurrency Cardano, the token that powers the smart-contract-enabled Cardano blockchain, is seeing a modest pull-back on Thursday in the wake of a ferocious two-day rally. Since Monday’s lows under $0.35, Cardano has seen a stunning nearly 18% rally, with ADA/USD last...
Web3 Communication Stack Sending Labs Raises $12.5M
16.2.2023
The startup creates technology to make decentralized communication easier for developers and users
Oman Capital Markets Regulator Plans to Establish a Virtual Assets Regulatory Framework
16.2.2023
The Oman Capital Market Authority (CMA) has said it plans to establish a regulatory regime to govern as well as develop the country’s virtual assets market. The regulator said the envisaged regulatory regime enables it to avail an “alternative financing and investment platform...
Angel investors vs. venture capitalists
15.2.2023
Angel investors are seed-stage financiers who offer mentorship to nascent businesses for equity, while venture capitalists inject substantial capital into later-stage firms
NFEX Raises $3M Seed Round to Build NFT Derivatives DEX
15.2.2023
PRESS RELEASE. NFEX has completed a $3 Million seed round led by ABCDE Capital and included investment from other well-known institutions including Amber Group and Firestone Ventures. NFEX strives to build the best derivative NFT market, creating new opportunities to attract greater liquidity...
Sequoia Capital, Paradigm among VCs facing "tricky" FTX investor lawsuit
15.2.2023
It’s a “tricky case,” as it is unknown what obligation these firms actually had to “completely separate investors,” suggests a crypto lawyer
South Korea’s Crypto Firms Will Have to Self-Regulate Under New Guidance
15.2.2023
Crypto firms will conduct their own self-assessments before regulators step in, a lawyer in South Korea told CoinDesk
Former SEC Chief Counsel Says Agency Needs to Make Clear Its Crypto Compliance Rules
14.2.2023
TuongVy Le, a partner and head of regulatory & policy at investment firm Bain Capital, says the agency is refraining from passing a rules-based framework and has to make it clear what digital assets it would deem compliant under its jurisdiction
Bain Capital Crypto Backs $4.5M Round for Blockchain Interoperability Startup Orb Labs
14.2.2023
Orb Labs emerges from stealth preparing to launch its first products
Pantera Capital on Bitcoin: We’re in Next Bull Market Cycle
13.2.2023
Crypto-focused investment firm Pantera Capital says bitcoin has seen its lows and “we’re in the next bull market cycle.” Dan Morehead, the firm’s founder and managing partner, noted: “Over the long-term, bitcoin price has been in a secular uptrend of 2.3x annually...
Bitcoin Price Prediction as Pantera Capital CEO Says Next Bull Market Cycle Has Already Started – What Does He Know?
12.2.2023
In the past few years, the cryptocurrency market has grown at a rate that has never been seen before. Bitcoin, the largest cryptocurrency by market capitalization, has led the way. As Bitcoin's price continues to trade sideways, investors and analysts closely monitor the market to predict where...
Bitcoin is already in its 'next bull market cycle' — Pantera Capital
11.2.2023
This cycle's Bitcoin and altcoin lows are behind us, Pantera CEO Dan Morehead says as he looks to a "year of rebuilding trust."
Three Arrows Capital Co-Founder Announces New Crypto Venture Open Exchange Amid Bankruptcy Controversy
10.2.2023
Following the recent court filing from liquidators for Three Arrows Capital (3AC) claiming frustration with the 3AC co-founders for allegedly failing to respond to subpoenas sent via Twitter. Su Zhu, one of the co-founders, recently tweeted about his new crypto venture, Open Exchange. The exchange...
Founders of Failed Three Arrows Capital Launch Trading Platform for Bankruptcy Claims – Here's What You Need to Know
10.2.2023
Su Zhu and Kyle Davies, the two founders of now-bankrupt crypto hedge fund Three Arrows Capital, has launched a new platform for trading in crypto-related bankruptcy claims.
Writing on Twitter on Thursday, former Three Arrows Capital (3AC) CEO Su Zhu announced that the new trading platform, named...