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LABEL Foundation Secures 7 Digit Investment From DWF Labs
10.4.2023
PRESS RELEASE. As per the latest news, LABEL Foundation, a Korean-based organization dedicated to revolutionizing the music industry through the power of blockchain technology, has secured a major investment in the venture round funding from DWF Labs, the multi-stage Web 3.0 investment firm....
US Dollar Could Lose Most of Its Value in 5 Years, Investment Manager Warns
10.4.2023
Investment manager Larry Lepard has warned that the U.S. dollar could lose most of its value within five to 10 years. Following the onset of the Russia-Ukraine war, “the U.S. did something which I perceived to be very stupid, which is it seized $600 billion of Russian currency reserves,...
Chatgpt Pretty Intelligent, Did Not Recommend Bitcoin, Peter Schiff Tweets
8.4.2023
Economist Peter Schiff praised the artificial intelligence of the Chatgpt assistant for omitting bitcoin in a suggested “recession-proof” portfolio. The long-time gold proponent commented on a report claiming the chatbot has recommended “massive allocations” in precious metals. Schiff Cites Study...
Snoop Dogg Sports Blinged-Out Crypto Hardware Wallet at Wrestlemania 39
7.4.2023
Four days ago, the American rapper, entrepreneur, and owner of Death Row Records, Snoop Dogg, hosted WWE’s annual event, Wrestlemania 39, in Hollywood. The rap star was spotted wearing a gold and black diamond Ledger Nano X around his neck on a gold chain. Over the last year, Snoop has been...
UK uses Love Island star to warn finfluencers on crypto and investment schemes
7.4.2023
The financial and advertising regulators posted a seven-part checklist to ensure these social media stars stay within the bounds of the law
Bitcoin Difficulty Reaches New All-Time High After Fourth Consecutive Increase
7.4.2023
On April 6, 2023, Bitcoin’s difficulty rose 2.23% higher at block height 784,224, touching another all-time high. It’s the fourth consecutive difficulty increase on the Bitcoin network since Feb. 24, and the protocol’s current difficulty is 47.89 trillion, which is only 2.11...
Smaller investors can have outsized impact on crypto investment markets: BIS study
6.4.2023
Researchers looking at the “crypto carry” rate between spot and futures markets and its causes came to conclusions about crypto market booms and busts and how they happen
Today in Crypto: Sentiment Recovers 90% of Funds from Hacker, Major Chinese State-owned Company Launching Two Crypto Funds, Australian Regulator Cancels Binance's Derivatives License
6.4.2023
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: Sentiment Recovers 90% of Funds from Hacker, Major Chinese State-owned Company Launching Two Crypto Funds...
Nigerian crypto foreign investment is at a record low: Study
6.4.2023
Foreign direct investment (FDI) in Nigeria fell by 33% last year due to a severe shortage of dollars, which discouraged crypto companies from expanding into the country
Chinese State-Owned Company Launches 2 Crypto Funds in Hong Kong
6.4.2023
One of China’s leading insurers has backed the establishment of two crypto investment funds in Hong Kong. The business move comes against the backdrop of the region’s ambitions to become a hub for digital assets, and despite the negative regulatory attitude towards the market in the mainland....
Central Bank of Sri Lanka Warns of ‘Significant Risks’ in Using and Investing in Crypto
6.4.2023
Sri Lanka’s central bank has issued a warning about “the significant risks associated with using and investing in cryptocurrency.” The central bank reminded the public that “cryptocurrencies are unregulated investment instruments which are not recognized as an asset class...
Microstrategy’s Bitcoin Holdings Reach 140,000 BTC After Acquiring 1,045 More Bitcoins
5.4.2023
Nine days after publicly listed company Microstrategy purchased 6,455 bitcoins, the firm’s CEO, Michael Saylor, announced the purchase of an additional 1,045 bitcoins. The business intelligence (BI) company now holds a total of 140,000 bitcoins, worth $3.97 billion. Microstrategy Buys...
Pantera Capital leads $22.5M investment in M^ZERO Labs for decentralized infrastructure
5.4.2023
The funds will be used to develop decentralized infrastructure that enables institutional investors to allocate assets on-chain
Crypto Investors: Why You Need to Understand Layer 1 Protocols
5.4.2023
There’s value in crypto, even if regulators and politicians don’t dig enough to see it
Web3 Experiential Tokens and Asset Pricing
5.4.2023
Web3 consumer engagement models are still in their infancy, but could have the potential to unlock incremental value and enable price discovery for creators and investors alike
LayerZero Raises $120M in Funding to Expand Cross-Chain Messaging Efforts – Is the Bull Market Back?
5.4.2023
Blockchain development firm LayerZero Labs has raised $120 million in a Series B funding round for its interoperability protocol, valuing the firm at $3 billion.
The funding will go towards expanding the cross-chain messaging system that LayerZero Labs is working on, increased hiring, and...
Today in Crypto: Police Looking for the Killer of MobileCoin Exec Bob Lee, MicroStrategy Acquires Additional 1,045 BTC, Fashion Giant Ralph Lauren Enables Crypto Payments in Miami Store
5.4.2023
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: Police Looking for the Killer of MobileCoin Exec Bob Lee, MicroStrategy Acquires Additional 1,045...
Brazilian Investment Bank BTG Pactual Brings Out Dollar-Backed Stablecoin
5.4.2023
BTG Pactual, one of Latin America's largest investment banks, has introduced a dollar-backed stablecoin through its crypto platform Mynt
US Justice Department Seizes Cryptocurrency Worth $112 Million in ‘Pig Butchering’ Crackdown
5.4.2023
The U.S. Department of Justice (DOJ) says it has seized cryptocurrency worth over $112 million linked to fraudulent investment schemes known as “pig butchering.” According to court documents, the seized crypto accounts were allegedly “used to launder proceeds of various...
DOJ Seizes $112M Linked to Cryptocurrency Investment Schemes in Multi-District Action
4.4.2023
The US Department of Justice (DOJ) has seized crypto worth more than $112 million that is linked to several crypto-related scams.
The seizure targeted six cryptocurrency accounts, and was based on warrants authorized by judges in the District of Arizona, the Central District of California, and...