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Today in Crypto: Twitter Hacker Extradited to US, Coinbase Employee Sentenced to Two Years in Prison, Binance Launches VIP Capital Connect Service

10.5.2023
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: Twitter Hacker Extradited to US, Coinbase Employee Sentenced to Two Years in Prison, Binance Launches...

Aragon launches defensive measures against Arca's '51% attack'

10.5.2023
The Aragon Association has pulled plans to give ANT holders voting rights over its DAO in the wake of the attack

DCG Looks to Refinance Outstanding Genesis Obligations, Raise Growth Capital

9.5.2023
The crypto conglomerate may owe its bankrupt lending division hundreds of millions in loan payments

Elon Musk Shares ‘Massive Incentive to Move Money out of Bank Accounts’

9.5.2023
Tesla and Twitter CEO Elon Musk has shared a “massive incentive” to move money out of bank accounts, citing a significant interest rate gap created by the U.S. Treasury and the Federal Reserve. “As more people & companies realize this, bank depositor flight will accelerate...

Web3 Firm Artifact Labs Raises $3.25M From Blue Pool Capital, Animoca, Others

8.5.2023
Hong Kong’s South China Morning Post spun off its NFT business into a new firm called Artifact Labs in March 2022

Zero-Knowledge Privacy Startup Webb Protocol Raises $7M

8.5.2023
Polychain Capital and Lemniscap co-led the seed round for the bridge protocol

Digital Assets for 1 Billion Rubles Issued in Russia in a Month

7.5.2023
Platforms authorized by the Russian government issued digital assets worth around a billion rubles in April, the local press reported. The spike in the volume has been attributed to Russian companies experimenting with new financial instruments amid limited access to traditional capital. Russia’s...

Fed Reveals 722 Banks Reported Unrealized Losses Over 50% of Capital as Concerns Over US Banking Crisis Grow

7.5.2023
The U.S. Federal Reserve has revealed that 722 banks reported unrealized losses exceeding 50% of their capital at the end of the third quarter of 2022. “Rising interest rates are creating significant unrealized losses in investment securities and in some cases depressing tangible equity,” according...

US-Based Bitcoin Focused Startup Fedi Raises $17 Million in Series A Funding Round

6.5.2023
Fedi, the U.S.-based fintech which is led by the Nigerian bitcoin advocate Obi Nwosu, said on May 3 that it recently raised $17 million in a Series A funding round. The company said it will use the funds to help it launch what it called the “world’s first federated operating system.”...

What is profit and loss (PnL) and how to calculate it

5.5.2023
PnL refers to the financial gain or loss from buying and selling cryptocurrencies. To calculate it, use various method like the FIFO, LIFO, YTD, and more!

Alchemy Ventures Backs $4M Round for NFT Platform Vibe

4.5.2023
The no-code NFT-to-product toolset allows creatives to add utility and value to their tokens

OpenTrade Raises Over $1.5M for Building Crypto Structured Financial Products

4.5.2023
The platform will offer liquidity pools for U.S. Treasury bills, later this year

New Crypto VC Firm Credibly Neutral Raises $5.5M

3.5.2023
The developer-led firm received funds from the founders of the Polygon and Solana blockchains, among others

Bitcoin, Ether Could Face Risks From Potential Short Squeeze in Dollar Index, QCP Capital Says

3.5.2023
The U.S. dollar has been heavily shorted since early October in hopes for a so-called dovish Fed pivot and looks ripe for a short squeeze, a move higher driven by unwinding of bearish positions. Bitcoin tends to move in the opposite direction of the dollar

Three Arrows Capital Founders Face Dubai Regulator's Scrutiny Over New Unregulated Exchange OPNX

3.5.2023
Dubai regulators are scrutinizing the co-founders of now-defunct crypto hedge fund Three Arrows Capital over their new unregulated digital asset exchange, OPNX. On April 18, Su Zhu and Kyle Davies received a written reprimand from Dubai's Virtual Assets Regulatory Authority (VARA) for promoting...

Today in Crypto: Poloniex to Pay $7.6M in Settlement with US Authority, Complaint Alleges Coinbase Violated Illinois' Biometric Information Privacy Act, 3AC-founders’ OPNX Reprimanded by Dubai Regulator

2.5.2023
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: Poloniex to Pay $7.6M in Settlement with US Authority, Complaint Alleges Coinbase Violated Illinois'...

India, Russia Mull Payment System Integration in Face of US Sanctions

2.5.2023
The governments of India and Russia are considering integrating part of their payment systems, in order to counter the possible future effect of US sanctions on the capital flows of each country. The deal would include the integration of India’s Rupay card system and its Russian counterpart...