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Hashkey Capital Raises $500 Million for Its Third Fund, Despite Crypto Market Downturn
18.1.2023
On Tuesday, global asset manager Hashkey, which focuses on crypto and blockchain investments, announced that it has closed its third fund at $500 million. The company’s “HashKey Fintech Investment III” is dedicated to developing crypto solutions, blockchain technology, and Web3...
BIS Economists Recommend 3 Crypto Policies for Regulators Worldwide to Adopt
18.1.2023
Economists at the Bank of International Settlements (BIS) have recommended three policies regulators worldwide could adopt in order to deal with the risks posed by cryptocurrencies. “Authorities can now consider a variety of policy approaches and at the same time work to improve the existing...
First Mover Asia: Bitcoin Hangs Tough Over $21K for Another Day
18.1.2023
ALSO: Sam Reynolds writes about the unlikely rally of metaverse majors, including Axie Infinity and Decentraland, even as they struggle to keep users engaged
Crypto Speculation Has Had Its “Comeuppance”: Raghuram Rajan
18.1.2023
But that shouldn’t disqualify blockchain technology, and regulators should steer clear of extreme measures, the former governor of India’s central bank told CoinDesk in Davos
Former SEC Official’s Crypto Warning: Regulatory Onslaught Is Just Beginning
18.1.2023
The Securities and Exchange Commission (SEC)’s former head of internet enforcement has warned the crypto industry that a “regulatory onslaught is just beginning.” His warning followed several recent enforcement actions the securities regulator took against major crypto firms....
Blockchain’s Non-Crypto Applications Take Center Stage on Davos Day 2
18.1.2023
Policymakers and business executives were quick to draw a distinction between distributed ledgers and cryptocurrencies at #WEF23
Sony Might Finally Be Ready To Focus On PS5 Games (And Ditch PS4)
18.1.2023
The decade-old PlayStation 4, released all the way back in 2013, has continued to receive big, new exclusives from Sony, even if those old-gen ports feel outdated or inferior. But now, it finally seems like Sony is ready to move on and leave the aging PS4 behind. Well, almost ready…Read more
Crypto Conglomerate DCG Suspends Dividends Amid Distress at Genesis Unit
18.1.2023
"In response to the current market environment, DCG has been focused on strengthening our balance sheet by reducing operating expenses and preserving liquidity," it told shareholders in a letter Tuesday
French Crypto Companies Must Seek Authorization by 2024 Under New Lawmaker Plans
18.1.2023
The French National Assembly plans offer more time than a Senate proposal, as the country prepares for a new EU crypto law
Finnish Minister Calls for EU Law to Recognize DAOs
18.1.2023
Brussels must act to enable smart contracts to take off across the bloc, communications minister Timo Harakka said
Rising Bitcoin Prices Cause Cascade of Short Liquidations, Highest Ratio of Short vs. Long Wipeouts Since July 2021
17.1.2023
The top two crypto assets have risen significantly in the past seven days, with bitcoin jumping 22.6% and ethereum increasing 18.6% against the U.S. dollar. According to market data, both crypto assets saw the largest increase on Saturday, Jan. 14, 2023. The sudden spike in value caused the highest...
Crypto Markets Today: Bitcoin Holds Strength Above $21K, Congress' FTX Problem
17.1.2023
ALSO: Crypto bank Silvergate reports a fourth-quarter loss of $1 billion. Equities closed mixed after big banks’ 4Q earnings reports
FTX's Failure Highlights Need for Federally Mandated Insurance, Not More Regulation
17.1.2023
There is extensive precedent for requiring companies providing critical infrastructure to get special insurance. Why not require crypto companies to back themselves with a market-based solution, say the founders of Evertas, a crypto insurance provider?
Latin American Web3 Infrastructure Provider Parfin Raises $15M
17.1.2023
The funding round was led by crypto investment firm Framework Venture and included L4 Venture Builder, a corporate venture capital fund backed by the Brazilian stock exchange B3
FTX Debtors Give Details on Digital Assets Identified So Far
17.1.2023
The group has identified $1.6 billion of digital assets associated with FTX.com and $181 million connected to FTX US
Smart Contract Tokens, Defi Economy See Strong Growth, Market Capitalization Swells by $78 Million in 30 Days
17.1.2023
Smart contract tokens and the decentralized finance economy have been on a tear during the last month, gaining against the U.S. dollar. The market capitalization of the smart contract platform token economy has swelled by $78 million over the last 30 days, increasing from $243 billion to...
Can Barry Silbert Delay the Inevitable?
17.1.2023
Ukraine Deputy Prime Minister: I'll Take Salary in CBDC
17.1.2023
Mikhail Fedorov says he wants to make his war-torn country the leading jurisdiction in the world for virtual currency after a successful fundraising campaign
CBDCs Are the Future of Money, IBM Exec Says
17.1.2023
Live from the World Economic Forum in Davos, Switzerland, IBM executive partner Shyam Nagarajan discusses why a hybrid model could drive widespread adoption of central bank digital currencies
Defi Lending Sector Experiences Major Shake-Up: 71% of Total Value Locked Evaporates in 12 Months
17.1.2023
Decentralized finance (defi) has continued to remain deeply ingrained in the cryptocurrency economy as the ecosystem provides users with a non-custodial way to exchange digital assets, lend cryptocurrencies, issue stablecoins, and ways to profit from arbitrage. In the lending sector of defi, a...