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Korean Police Ask Crypto Exchanges to Freeze Luna Foundation Guard’s Assets
24.5.2022
The South Korean police have reportedly launched an investigation into possible embezzlement involving an employee of Terraform Labs. To prevent fund transfers, the police have requested crypto exchanges to freeze the Luna Foundation Guard’s accounts. Embezzlement Investigation and Asset...
Bitcoin & Crypto Fund Flows Turn Negative, Continued Headwinds Likely
23.5.2022
Crypto fund flows turned negative last week, after strong inflows the week before, bringing total assets under management to their lowest since July 2021. In addition, both on-chain signals and the crypto derivatives market is painting a bleak picture for the near term....
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International Monetary Fund to Assist El Salvador in Compiling Bitcoin Adoption Statistics
23.5.2022
The International Monetary Fund has mentioned it is providing technical assistance to the government of El Salvador in various ways. According to Gerry Rice, a spokesperson for the organization, the group is having talks with people of the Salvadoran government about tax and money laundering...
Central Africa Republic’s Bitcoin Adoption: The Real Work Must Start Now
23.5.2022
The Central Africa Republic (CAR)’s surprise bitcoin adoption decision once again shows that the top cryptocurrency can be an alternative to fiat currency. However, the African country still needs to invest heavily in its telecommunications infrastructure. The CAR also needs to prioritize...
Crypto Valley Venture Capital Launches African Blockchain Early-Stage Fund
23.5.2022
The venture capital investor wrote in a report that funding for African blockchain startups far outpaced investment in other venture funding
So-Called ‘Pharma Bro’ Martin Shkreli Turns ‘Crypto Bro’ — ‘I Started Using Uniswap in Prison’
22.5.2022
Following his release from prison, the former hedge fund manager and convicted felon, Martin Shkreli, discussed cryptocurrencies and using the decentralized exchange (dex) platform Uniswap from a federal penitentiary. The so-called ‘Pharma Bro’ further explained that eventually,...
A16z Launches $600 Million Web3 Gaming Focused Fund
21.5.2022
A16z has launched a new fund that seeks to invest $600 million in gaming experiences including Web3 and metaverse. The fund, which seeks to build the future of the gaming industry, aims to back several startups and projects in different areas including gaming studios, the intersection of gaming...
$3B flows to Metaverse and Web3 gaming this month as A16z’s tips in $600M
19.5.2022
“GAMES FUND ONE” will invest in game studios, consumer apps and game infrastructure providers with a16z saying the industry has “solved many of the problems” needed to make a Metaverse
Layoffs At EA Austin Following Split With FIFA
18.5.2022
Electronic Arts is laying off a ton of customer service staff at its Austin office, according to internal emails viewed by Kotaku. One source familiar with the decision told Kotaku that as many as 100 employees could be affected, many of whom supported live operations on FIFA 22. Going forward,...
A16z Launches First Gaming Fund With $600M Commitment
18.5.2022
The venture capital giant will invest in game studios, consumer apps and infrastructure
Saudi Arabia Now Owns 5% Of Nintendo
18.5.2022
Saudi Arabia’s Public Investment Fund, a near-bottomless pit of cash tasked with diversifying the nation’s economy (and whitewashing their human rights record), has acquired a 5.01% stake in Nintendo.Read more
New Crypto Native Firm Fortis Digital Raising $100M Fund
17.5.2022
The fund focuses on altcoins and requires potential investors to have a minimum $2.5 million net worth
Grayscale Launches European ETF While Urging SEC to Approve GBTC Conversion Into Spot Bitcoin ETF
17.5.2022
Grayscale Investments has announced the launch of an exchange-traded fund (ETF) in Europe. The company’s Future of Finance UCITS ETF will list on the London Stock Exchange (LSE), Borsa Italiana, and Deutsche Börse Xetra. Grayscale Launches ETF in Europe Grayscale Investments,...
Crypto Hedge Fund Elwood Closes $70M Funding Led by Goldman Sachs and Dawn Capital
16.5.2022
Tezos Foundation Launches Fund to Collect NFT Creations by African and Asian Artists
16.5.2022
The Tezos Foundation recently said it has committed $1.23 million to a fund that will be used to collect non-fungible tokens (NFTs) created by African and Asian artists. Photographer Misan Harriman has been selected as the curator of the foundation’s permanent art collection. Supporting...
Goldman Sachs and Barclays invest in UK crypto trading platform Elwood
16.5.2022
The global head of digital assets for Goldman Sachs said the demand for cryptocurrency from institutions is rising and the firm has been “actively broadening” its market capabilities to cater to that demand
Veteran Investor Bill Miller Remains Bullish on Bitcoin — Confirms He Has a Lot of BTC
16.5.2022
Famed value investor and fund manager Bill Miller says he has “a lot” of bitcoin and has not sold any despite the recent crypto sell-off. He insisted that investors should put some of their liquid net worth in the cryptocurrency. Bill Miller Shares His Bitcoin Outlook Famed value...
Crypto donations fund ATVs and gas masks for Ukrainian military
13.5.2022
Ukraine's ministry of digital transformation has utilized cryptocurrency, nonfungible tokens, and even CryptoPunks in an effort to fund its military and humanitarian aid
The YashaDAO Is Looking To Fund DeFi’s High Potential Projects
13.5.2022
Despite many cryptocurrencies decreasing in price, there are still thousands of cryptos in existence as of May. Although many of these projects have high potential, they often lack the monetary backing and team experience needed to take them to the next level. As a result, cryptocurrencies such...
Vitalik donates $4M to Uni of NSW for pandemic detection tool
13.5.2022
“Imagine if someone had detected COVID-19 before it spread around the world – that is our vision,” said professor Raina MacIntyre