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Crypto Investment Products See Continuous Outflows, Nearing $500 Million in Nine Weeks
19.9.2023
Capital continued to flow out of crypto-backed investment funds last week, with total outflows for the past nine weeks now nearing $500 million.
According to crypto research and investment firm CoinShares’ latest crypto fund flows report, outflows for last week alone came in at $54 million,...
Global Investment Bank Nomura Launches Institutional Bitcoin Fund – Adoption on the Rise?
19.9.2023
Japan's largest investment bank, Nomura, unveiled its Bitcoin Adoption Fund through its crypto subsidiary, Laser Digital.
On September 19, Nomura's subsidiary, Laser Digital announced it would use Koimanu, an entity established in 2018 by Nomura, Ledger, and Coinshares, to custody the fund's...
Thailand to Tax Overseas Earnings From Crypto Traders – Will it Impact Foreign Investment?
19.9.2023
Thailand would soon tax foreign earnings from crypto traders, a tighter measure to close the loophole, which allowed overseas income into the country tax-free.
The rule came from Thailand’s Revenue Department, which aims to fund its proposed economic stimulus, according to a BangkokPost report....
Bastion, Co-Founded by Former a16z Crypto Leaders, Raises $25M to Drive Web3 Adoption
19.9.2023
Crypto startup Bastion has raised $25 million in a funding round led by venture giant Andreessen Horowitz’s crypto arm, a16z crypto.
Also joining the round was several prominent venture capital firms like Nomura’s Laser Digital, Alchemy, Robot Ventures, crypto influencer Packy McCormick’s...
Blockchain Capital Raises $580 Million for New Cryptocurrency Investment Fund – Here's the Latest
19.9.2023
Blockchain Capital, a crypto-focused investment firm, has successfully raised $580 million for two new investments funds in infrastructure, gaming, DeFi, and consumer technologies.
The first, the sixth $380 million early-stage fund, will concentrate on newer companies and protocols in pre-seed...
Pokémon Scarlet and Violet’s Perrin Quest Is Worth The Time Investment
18.9.2023
Perrin isn’t part of Pokémon Scarlet and Violet - The Teal Mask’s main plot, but she is one of the most compelling characters in the DLC. She’s a photographer visiting the Kitakami region and bears a striking resemblance to Adaman from Pokémon Legends: Arceus. Given that she’s clearly a descendant...
Softbank Looking to Invest Billions in AI After Pausing Crypto Investments
18.9.2023
Softbank, one of the largest investment management conglomerates in the world, is reportedly eyeing several investments in the artificial intelligence (AI) field after having paused its crypto investments. According to the Financial Times, Softbank founder and chief executive officer Masayoshi...
Investment Firm Reverie Sets Up $20 Million Crypto Venture Fund for Web3 Startups
15.9.2023
The New York-based crypto-focused investment firm Reverie has launched Reverie Fund One, a $20 million venture capital fund that will invest in Web3 startups.
The launch of the new fund was announced on X on Thursday by Larry Sukernik, co-founder of Reverie, who promised that the launch would come...
SMI Vantage Expands Crypto Reach With New Bitcoin Mining Facility in Sarawak
15.9.2023
The Singapore-based investment management and software-as-a-service (SaaS) provider, SMI Vantage, plans to launch a bitcoin mining facility in the state of Sarawak in Borneo, Malaysia. The company has signed a rental agreement and anticipates operations to begin by the end of the third quarter....
Peter Thiel-Backed Founders Fund Invests in Layer N's Ethereum Scaling Tech
14.9.2023
The new Ethereum scaling network Layer N has raised $5 million in a seed funding round led by PayPal co-founder Peter Thiel’s Founders Fund and investment collective dao5.
The funding round, announced by Layer N on Wednesday this week, also saw participation from several other notable crypto...
SEC Fines Stoner Cats NFTs Creator $1 Million for Securities Violation
14.9.2023
The company behind Stoner Cats non-fungible tokens (NFTs) has to pay a $1 million fine and destroy all its NFTs per a settlement with the US Securities and Exchange Commission (SEC).
According to the Wednesday press release, the SEC charged Stoner Cats 2 LLC (SC2) with conducting an unregistered...
Franklin Templeton Seeks to Offer Spot Bitcoin ETF in US
14.9.2023
Asset manager Franklin Templeton has joined the race to issue America’s first exchange-traded fund (ETF) that invests directly in bitcoin. The company applied with the U.S. Securities and Exchange Commission (SEC), following in the footsteps of other major investment firms like Fidelity...
SEC Charges Stoner Cats Over $8M Unregistered NFT Offering: Mila Kunis-Backed NFT Project to Pay $1M Penalty
13.9.2023
The Securities and Exchange Commission (SEC) charged Stoner Cats 2 LLC (SC2) with conducting an unregistered offering of crypto asset securities in the form of non-fungible tokens (NFTs) that raised about $8 million from investors to finance an animated web series. SEC Slaps Stoner Cats 2 With...
Crypto’s Interest in Rates
13.9.2023
Todd Groth of CoinDesk Indices explores the relationship between interest rates and bitcoin
Today in Crypto: BNB Chain Developers Reveal Public Launch of opBNB's Mainnet, Nansen Launches New AI-Powered Version, Ripple Will do 80% of Hiring This Year Outside the US
13.9.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: BNB Chain Developers Reveal Public Launch of opBNB's Mainnet, Nansen Launches New AI-Powered Version...
Digital Trading Platform MetaComp Offers Clients Stablecoin-to-TradFi Security Path, Claiming Singapore First
13.9.2023
Trading volume has climbed to around $50 million since the service was introduced last month
Animoca Brands Secures $20M Funding to Drive Ambitious Mocaverse Metaverse Project – NFT's Making a Comeback?
12.9.2023
Animoca Brands, a metaverse and gaming venture capital firm, has raised $20 million to expand its Web3 identity project Mocaverse.
According to the press release, the funding round was led by blockchain- and Web3-focused venture capital company CMCC Global, with other investors including Kingsway...
CFTC Commissioner plans to modernize investor protection with technology
12.9.2023
To minimize the damages caused by financial fraud, Romero proposed the formation of the National Financial Fraud Registry — a centralized record of all crimes and fines related to financial fraud
Study: Weekly Digital Asset Investment Outflows Hit $59M; BTC Sees Largest Drop
12.9.2023
In the first week of September, an outflow of $59 million worth of digital assets managed by Digital Asset Funds was recorded, the latest Coinshares data has shown. The latest outflow means the value of digital asset investment products under management has dropped by a total of $294 million...
Today in Crypto: Bitcoin User Pays $500,000 Fee to Transfer $200, Animoca Brands Raises $20 Million for Mocaverse Project, Unstoppable Domains Adds B2U Instant Messaging Feature
11.9.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Bitcoin User Pays $500,000 Fee to Transfer $200, Animoca Brands Raises $20 Million for Mocaverse Project...