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Ethereum risks another 10% drop versus Bitcoin as $15.4M exits ETH investment funds
22.9.2022
Macroeconomic factors and centralization concerns are putting pressure on Ethereum's price post-Merge
Federal Reserve Hikes Benchmark Bank Rate by 75bps to Battle Elevated Inflation
21.9.2022
The U.S. Federal Reserve raised the federal funds rate on Wednesday afternoon by three-quarters of a percentage point. The central bank’s move follows the consumer price index (CPI) report last week that showed U.S. inflation jumped last month by 8.3% per annum. Fed Raises Federal Funds Rate...
Societe Generale Introduces Services for Asset Managers Developing Crypto Funds
21.9.2022
Societe Generale is offering new services for asset managers that want to offer crypto funds to their clients
Africa-Focused Crypto Exchange Yellow Card Raises $40 Million via Series B Round
21.9.2022
Africa-focused crypto exchange Yellow Card recently revealed it has closed its $40 million Series B funding round. The exchange’s announcement of its latest capital raise comes just over a year after it raised $15 million from its Series A round. Funds to Be Used for Development of...
Push to Cut Ethereum Network Fees Opens Funds-Draining Bug in Scaling Tool Arbitrum
21.9.2022
The vulnerability would have allowed attackers to steal all ether deposits into Arbitrum after its latest upgrade, known as Nitro
Wazirx Plans to Delist 3 Stablecoins, Leftover Balances Will Be Auto-Converted to BUSD
20.9.2022
The crypto asset exchange Wazirx is following Binance’s move by delisting a number of stablecoins and automatically converting them to BUSD at a 1:1 ratio. Wazirx customers have until September 23 to withdraw their stablecoins if they don’t want the funds converted. Wazirx Plans...
Grayscale Declares Distribution of Rights to Ethereum Proof-of-Work Tokens With SEC
17.9.2022
A Securities and Exchange Commission filing filed on September 16 shows that the company Grayscale Investments has declared “distribution of rights to Ethereum Proof of Work Tokens.” The newly launched ETHW blockchain went live on September 15 and roughly 50-60 terahash per second...
Two Sigma Ventures Raises $400M for Two Funds, Plans Crypto Investments
16.9.2022
The firm invests about 15% of its capital to crypto and Web3 projects
SEC Sues 2 Crypto Advisory Firms and Their Owner for Misappropriating Investors’ Funds
16.9.2022
The complaint alleges the firms' owner lied to investors about where their funds were deposited in a Ponzi-like scheme
Pantera Capital Loses Another Senior Exec as Crypto Hedge Fund’s CFO Departs: Source
13.9.2022
Ryan Davis is leaving and Matt Gorham, a long-time Pantera employee, will temporarily fill the job as senior-executive exodus continues
GameFi and NFTs Set to be First to Recover From Downturn as Venture Funds Flow In
13.9.2022
Venture capital funding for NFT and gaming companies within crypto rose by 66% in August, from USD 507 million in July to USD 842 million. This increase comes during a month when total VC funding within the cryptocurrency sector declined overall, suggesting that it may be NFT and GameFi...
Cream Finance Exploiter Converts $1.75M in Stolen Funds to Bitcoin
12.9.2022
The decentralized finance application has been exploited three times since going live in 2020
Russia Shuts Off EU Gas, Vitalik Discusses Bitcoin Security, and More — Bitcoin.com News Week in Review
11.9.2022
Macro markets and geopolitics dominated the news this week, with Russia cutting off Europe’s gas supply, hedge funds betting against Italian debt, and the International Monetary Fund’s bailout for Zambia helping the kwacha overtake the ruble as the world’s best-performing...
Blockchain Gaming Publisher and Web3 Firm Animoca Brands Secures $110 Million
10.9.2022
Blockchain gaming publisher Animoca Brands announced the company has raised $110 million in a funding round led by Temasek, Boyu Capital, and GGV Capital. The company raised the funds by issuing convertible notes to a handful of institutional investors. Animoca Brands Raises $110 Million From...
Sui Developer Mysten Labs Raises $300 Million to Address Web3 Scalability
10.9.2022
Mysten Labs, developer of a new blockchain project called Sui, raised $300 million in its latest funding round. The round, which was led by FTX ventures, also had the support of A16z crypto, Jump Crypto, Apollo, Binance Labs, Franklin Templeton, and Coinbase Ventures, among others. The funds will...
500,000 DAI From DAO Maker Exploit Was Sent Through Tornado Cash, Security Analysts Report
9.9.2022
On September 8, the crypto security and smart contract auditing firm Certik revealed that 500,000 DAI was sent through the Tornado Cash mixing platform after the funds were stolen in August 2021. The digital assets originally stemmed from the DAO Maker breach that saw the loss of more than...
Aave Companies Seeks $16M From DAO Funds to Pay Crypto Developers
8.9.2022
Some $15 million of that amount has been earmarked for work performed directly by the team over the course of more than a year
Bitcoin 'bear flag' breakdown targets $15K as US dollar hits 20-year high
6.9.2022
BTC is losing its safe haven status to the dollar, with mutual funds increasing their cash holdings by $208 billion in the first half of 2022
Terror groups may turn to NFTs to raise funds and spread messages — WSJ
5.9.2022
National security experts have raised the alarm bells over the "IS-NEWS #01" NFT, which is being seen as the first case of an NFT created and shared by a “terrorist sympathizer."
Rome’s Financial Volatility to Shock the Eurozone — Hedge Funds Bet $39 Billion Against Italian Debt
4.9.2022
Hedge funds are betting against Rome’s liabilities as S&P Market Intelligence data indicates investors have amassed a $37 billion short bet against Italian debt. The hedge funds are betting large against Italian bonds and investors haven’t bet this high against Rome since 2008...