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Injective launches $150M ecosystem fund to boost DeFi, Cosmos adoption
25.1.2023
“DeFi has proven to be a resilient and reliable option for users in the face of the overarching CeFi collapse in 2022,” said Eric Chen, CEO of Injective Labs
New South African Code Says Crypto Asset Ads Must Include Capital Loss Warning
25.1.2023
Crypto asset service providers in South Africa seeking to attract investors via advertisements must “expressly and clearly state that investing in crypto assets may result in the loss of capital.” Influencers working on behalf of crypto asset service providers must “not offer...
Quicknode Raises $60 Million in Series B to ‘Fuel Blockchain Adoption’ and Expand Globally
24.1.2023
Web3 infrastructure firm Quicknode raised $60 million in a Series B funding round, according to an announcement the company made on Tuesday. The capital injection brings the company’s post-valuation to $800 million, and Quicknode says the funds will be used to “further fuel blockchain...
Blockchain developer QuickNode raises $60M at $800M valuation
24.1.2023
Like other blockchain developers, QuickNode is pivoting sharply into Web3 — a sector that has attracted keen venture capital interest
‘Tremendous time' to start a blockchain company, says Pantera General Partner
24.1.2023
Paul Veradittakit of Pantera Capital believes now could be a good time for new entrepreneurs to enter the crypto space
FTX VCs liable to ‘serious questions’ around due diligence — CFTC Commissioner
21.1.2023
The lack of recordkeeping of FTX coupled with “an auditor no one’s ever heard of” forces the CFTC to ask questions about the mindset of the institutional investors
Former FTX President Launches New Crypto Venture, Raises $5 Million From Leading Investors
20.1.2023
Less than a week ago, Brett Harrison, the former president of FTX US, published a 49-part Twitter thread describing his side of the story when he worked for the disgraced co-founder of FTX, Sam Bankman-Fried (SBF). On Friday, Jan. 20, 2023, Harrison revealed that his new firm, Architect, has raised...
Crypto Biz: SBF’s newest Excel spreadsheet reveals all
20.1.2023
FTX's debtors are applying "Herculean" effort to unearth the exchange's remaining assets. Meanwhile, Sam Bankman-Fried claims FTX US is solvent
Former FTX US president raises $5M for new crypto software firm
20.1.2023
Brett Harrison departed FTX US roughly two months before FTX Group filed for bankruptcy, citing "cracks" in his relationship with SBF
Crypto Lender Genesis Files for Bankruptcy Following SEC Lawsuit
20.1.2023
Crypto lender Genesis, a subsidiary of Digital Currency Group (DCG), has filed for Chapter 11 bankruptcy. The filing followed a lawsuit brought by the U.S. Securities and Exchange Commission (SEC). Genesis claims to have “ample liquidity to support its ongoing business operations...
Silvergate Capital Incurs Loss of $1 Billion in Q4 of 2022
20.1.2023
Silvergate Capital Corporation, the parent firm of the crypto-focused bank Silvergate Bank, has attributed the $1 billion loss it incurred in the fourth quarter of 2022 to the confidence crisis that permeates the entire crypto ecosystem. While Silvergate has taken steps to help it navigate...
Nifty News: Trump NFTs surge 800%, Yuga Labs blacklists NFT exchanges, and more
20.1.2023
Donald Trump’s NFT collection started out strong but then started looking lifeless up until a few days ago
Crypto could solve venture capital's due diligence problem — VC exec
20.1.2023
Due diligence has always been an issue in the venture capital space according to a VC executive, but crypto offers a solution: A public and immutable ledger
Nexo agrees to $45M settlement with SEC and NASAA over earn product
19.1.2023
The crypto lender didn't categorically admit or deny the findings from the SEC's investigation despite agreeing to the settlement
Digital Currency Group Suspends Dividends Amid Regulatory Trouble With Subsidiary Genesis
18.1.2023
According to a shareholders’ letter from Digital Currency Group (DCG) viewed by finance and crypto publication Coindesk, the company has suspended dividends until further notice. This news follows the U.S. Securities and Exchange Commission (SEC) charging a subsidiary firm of DCG, Genesis...
Deal Box launches $125M blockchain and Web 3 venture fund
18.1.2023
The firm previously specialized in tokenizing equity and bond issuance for startups
Number of devs increased during crypto winter: Electric Capital report
18.1.2023
Ethereum continues to be the dominant blockchain for developer activity, however, a few other chains continued to make ground
Africa Web3 games publisher Carry1st raises $27M
17.1.2023
VC firms Bitkraft Ventures and Andreessen Horowitz participated in the funding round, which aims to advance Web3 gaming in Africa
'Ninth circle of hell' is reserved for SBF for his betrayal: Scaramucci
17.1.2023
The SkyBridge founder opened up about his trust in FTX founder Sam Bankman-Fried which was ultimately broken after the exchange collapsed
Scaramucci to invest in crypto firm founded by former FTX US boss
16.1.2023
It is understood the crypto software company will enable crypto traders to create algorithmic-based strategies to access different markets