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Investment Fund Focused on Crypto Mining to Be Created in Russia
3.3.2023
The establishment of Russia’s first mutual investment fund dedicated to financing cryptocurrency mining operations is underway. According to a report by the Russian press, it will be available to qualified investors and will finance the acquisition of coin minting equipment. Russian Crypto Mining...
Fan Token Platform Chiliz Launches $50M Incubator to Fund Early-Stage Web3 Projects – Is the Bear Market Over?
2.3.2023
Blockchain-based fan token platform Chiliz has launched a $50 million incubator and accelerator program to fund early-stage projects in the sports and entertainment industries that use the Chiliz blockchain.
The incubator program, called Chiliz Labs, will fund early-stage blockchain projects that...
Hosts of Bankless Podcast Raising $35M Crypto Venture Fund: Sources
2.3.2023
The popular crypto podcast is branching out beyond its media roots to invest in emerging Web3 startups
Provenance Blockchain Foundation announces $50M in grants for blockchain development
1.3.2023
The grant program will award $50 million in HASH, the native token on Provenance Blockchain, to developers
Crypto Fund Manager Numerai's Token Rises Nearly 9% Amid Reports of Impressive Returns
1.3.2023
The Numeraire token (NMR) has surged by 8.8% to $21.64 over the past 24-hours after it was revealed that the hedge fund behind the token returned 20% to investors last year
Crypto Lender Voyager Received Single-Page Value Statement From Hedge Fund Three Arrows Capital
1.3.2023
Court documents show the level of due diligence carried out by Voyager Digital with regard to its investment in 3AC
Crypto Hedge Fund Arca VP of Portfolio Management Leaves
27.2.2023
Hassan Bassiri’s exit comes months after the firm shuttered its Digital Yield Fund, citing market volatility
Blockchain Founders Fund raises $75M to encourage Web3 mass adoption
27.2.2023
The fundraising round included Polygon, Ripple, Octava, NEO Global Capital, Appworks, Sebastien Borget of The Sandbox, GSR, LD Capital, Metavest Capital and others
BIT Token Surges to Weekly High Following $200M BitDAO Ecosystem Fund Proposal
27.2.2023
BIT jumped 5% over the weekend, outperforming both ETH and BTC, following the proposal from layer 2 network, Mantle
Ukraine netted $70M in crypto donations since start of Russia conflict
27.2.2023
Ether leads the way in donations with $28.9 million received so far, while BTC and USDT donors have chipped in $22.8 million and $11.59 million respectively
BitDAO's Mantle Core proposes $200M for Web3 fund
26.2.2023
Mantle Core is an Ethereum layer-2 network developed by the BitDAO ecosystem. The fund aims to boost the adoption among developers and Dapps
South Africa Added to FATF ‘Grey List’ Despite Designation of Crypto as a Financial Product
26.2.2023
In a move seen as a major setback for South Africa, the international financial watchdog, the Financial Action Task Force, announced on Feb. 24 that it had added the country to its “grey list.” Getting grey-listed by the financial watchdog potentially makes it difficult for South Africa...
India Asks IMF and FSB for Joint Paper to Help Formulate ‘Comprehensive’ Crypto Policy
26.2.2023
India has asked the International Monetary Fund (IMF) and Financial Stability Board (FSB) to develop “a synthesis paper” on crypto assets as part of the G20 meeting of finance ministers and central bank governors under India’s presidency. “This would help in the formulation...
IMF Calls for ‘More’ Crypto Regulation — Says Banning Should Be an Option
26.2.2023
International Monetary Fund (IMF) Managing Director Kristalina Georgieva says crypto needs “more regulation.” She added, “We should not take off the table banning those assets,” if regulation fails or is too slow to implement. IMF’s Chief Calls for More Crypto...
IMF Board Offers Guidance for Developing Effective Crypto Policies
25.2.2023
The executive board of the International Monetary Fund (IMF) has provided guidance for member countries to develop effective crypto policies. The board stressed the need to develop comprehensive crypto regulations to “better mitigate the risks posed by crypto assets while also harnessing...
Crypto Biz: Coinbase has a lot at stake
24.2.2023
Coinbase says its staking product offerings are different than Kraken's, which came under SEC scrutiny and resulted in a $30 million fine
Crypto Exchange Coinbase Launches Ethereum L2 Scaling Network Called Base
24.2.2023
The cryptocurrency exchange Coinbase has announced the deployment of Base, an Ethereum layer two (L2) scaling network, after developers launched the Base testnet on Thursday. The company said it is incubating Base within Coinbase and that the L2 chain will progressively decentralize over time....
IMF Board 'Generally Agreed' Crypto Shouldn't Be Legal Tender
23.2.2023
Outright crypto bans aren’t ideal but shouldn’t be ruled out, the International Monetary Fund leadership said
Journalist Unravels Wild Tale of Vitalik Buterin's $1 Billion Crypto Donation to Indian Covid Relief Fund
23.2.2023
Back in 2021, amid the best of the bull run and the worst of the Covid-19 Pandemic, Vitalik Buterin made a now legendary donation of $1bn in SHIB to support Covid-19 efforts in India.
Now almost two years later, an investigation by top crypto journalist Isabel Hunter (DL News) has revealed that...
Gate.io to enter Hong Kong following city’s $6.4M budget allocation to Web3
23.2.2023
Gate’s founder called Hong Kong a “hub,” meanwhile, the city’s financial secretary said the region “must keep up” with the “huge potential” of Web3