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Sequoia Capital Cuts Crypto Fund by Over 65% to $200 Million – What's Going On?
28.7.2023
Venture capital giant Sequoia Capital has slashed the size of its cryptocurrency fund by over 65%, reducing it from $585 million to $200 million, Wall Street Journal reported citing sources familiar with the matter.
The venture capital giant has also made corresponding cuts to its ecosystem fund...
US Senate approves national defense bill that also targets crypto mixers
28.7.2023
An amendment in the bill tightens oversight on institutions that are engaging in crypto trading
Hydropowered crypto mining gets nod from Kyrgyz president: Report
28.7.2023
Kyrgyz President Sadyr Japarov promised to distribute money from crypto mining at the hydropower plant to “ordinary people.”
Crypto.com Receives Registration Approval From The Dutch Central Bank – Here’s the Latest
28.7.2023
Cryptocurrency platform Crypto.com acquired a registration approval with De Nederlandsche Bank (DNB), the Dutch central bank, as a crypto services provider.
Contributing to Crypto.com’s regulatory license momentum, the approval follows a “comprehensive review of Crypto.com’s business...
Tetris Token Rockets Up 100,000% in 24 Hours But Experts Say It's a Scam and This Lesser Known Crypto May Explode Next
28.7.2023
In the latest DEX moon-shot to take markets by storm, new entrant Tetris token has surged an eye-watering +300,000% just hours after launch.
Named after the iconic retro game, Tetris token rode a wave of nostalgia, as eagle-eyed DEX traders rushed to ride the sensational skyrocket meme coin....
Canadian Regulator Proposes Changes to Its ‘Capital and Liquidity Approach to Crypto-Assets’
28.7.2023
The regulator of financial institutions in Canada said on July 26 that it had started the process of gathering the public’s view on proposals to change its “capital and liquidity approach to crypto-assets.” The draft guidelines are a response to the Basel Committee on Banking...
Bitcoin Bulls Should Switch to Call Options, Crypto Services Provider Matrixport Says
28.7.2023
Lower volatility has made option prices cheaper, Matrixport's Markus Thielen said
Crypto mining hardware retailer Phoenix Technology mulls IPO in UAE: Report
28.7.2023
A mainstream media report highlighted that the mining hardware firm Phoenix Technology is planning to go public in Abu Dhabi, UAE
Roger Ver at Webx Asia: Reflections on Payments, Self-Custody, and the Role of Crypto Lawbreakers
28.7.2023
When asked whether he’d rather be called a “bitcoin evangelist,” or “Bitcoin Jesus” at the recent Webx seminar in Tokyo, Roger Ver responds: “I prefer to be called Roger.” The enthusiastic and outspoken figure in crypto, scattering sats around...
Crypto.com registers in the Netherlands, cleared to advertise services
28.7.2023
The company received the green light from De Nederlandsche Bank to offer its services in the country
Crypto Mining Retailer Phoenix Looks at IPO in UAE: Bloomberg
28.7.2023
The UAE-based firm is developing one of the region’s largest mining facilities
U.S.-Listed Crypto Firms Will Need to Report Cybersecurity Breaches
28.7.2023
Argentina Raises Electricity Tariffs for Crypto Miners – ‘Pressure’ Mounts on Miners?
28.7.2023
Crypto miners in Argentina are set for a rise in energy costs, after the Ministry of Economy published a revised list of electricity rates.
Per Livecoins, the Ministry has set miners a new rate of 17,240 Argentine pesos (around $63.30 at the time of writing) per megawatt-hour (MWh), the highest...
Missing crypto millionaire found dismembered in suitcase: Report
28.7.2023
Fernando Pérez Algaba reportedly ran a crypto trading business in Argentina and is suspected to have been murdered by a professional outfit
SEC adopts cyberattack disclosure rules, listed crypto firms included
28.7.2023
Coinbase, Marathon Digital and Riot Blockchain are among the SEC-registered cryptocurrency firms that would need to comply with the rules
'Historic week' as stablecoin, self-custody bills advance to House floor
28.7.2023
The bills aim to create a regulatory framework for payment stablecoins and enshrine rights for crypto users to self-custody digital assets
U.S. Senate Passes $886B Military Spending Bill With Crypto AML Provision
28.7.2023
The amendment takes aim at crypto mixers and “anonymity-enhancing” crypto assets
CFTC Overreached in Suing Binance, Crypto Exchange Says
28.7.2023
The U.S. Commodity Futures Trading Commission (CFTC) is reaching beyond its jurisdiction in trying to sue Binance, the global crypto exchange said in a motion to dismiss the regulator's lawsuit against it
Sequoia slashes its crypto fund by 66% after industry collapses: Report
28.7.2023
The $85-billion venture capital firm launched the Sequoia Crypto Fund in February 2022
Brazilian Police Swoop on Suspected Crypto Pyramid Operator Braiscompany
28.7.2023
Brazil’s police force has conducted raids on addresses linked with Braiscompany, a suspected crypto pyramid. The firm’s owners have allegedly escaped the country with around $160 million worth of customers’ funds.
Police launched an investigation into the firm, codenamed Operation Halving, earlier...