Sequoia Capital China, the Chinese affiliate of cryptocurrency-friendly venture capital firm Sequoia Capital, is about to raise $9 billion for its four new funds focused on Chinese startups. In raisin...
Category: Crypto
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3AC Files for Bankruptcy, Fundraising Rounds with AltLayer and Soba, Huobi Ventures Invests in Land of Conquest – crypto.news
Three Arrows Capital (3AC), the troubled crypto-focused hedge fund, recently filed for bankruptcy. Huobi Ventures invests in Land of Conquest, while other projects like Soba and AltLayer complete succ...
India’s This Stance Over Crypto Might Have Saved It From Downturn
The global cryptocurrency market has registered a broad sell off over the past few months. The biggest of the digital tokens’ prices have dropped by around 60% since the beginning of the year. India’s...
Cardano Hit 13,000 GitHub Commits in June, Becomes Most Developed Project in Crypto Industry
Arman Shirinyan Cardano becomes one of most actively developed projects in cryptocurrency industry Following the upcoming Vasil hardfork, Cardano is getting a record-breaking amount of commits on its ...
Nexo Taking Steps to Acquire Distressed Crypto Lender Vauld
Key Takeaways Nexo has signed an indicative term sheet with Vauld, granting it an exclusive 60-day exploratory period to look into acquiring the firm. Vauld halted customer withdrawals Monday, saying ...
Voyager Digital shares drop 34% as crypto platform limits services
Voyager Digital shares fell 34% on Monday following last week’s announcement that the crypto lender was limiting services for users. Shares in the Canadian firm were trading for 0.39 Canadian do...
As Macroeconomic Clouds Darken, Only HODLers Remain in Crypto
Hardened HODLers remain the only strong hands left in crypto and Bitcoin markets as all the “tourists” have been flushed out, according to Glassnode. In its latest weekly on-chain analytics report tit...
Russian government blocks crypto news site for ‘promoting money laundering’
Despite the rapid expansion of the cryptocurrency industry, digital assets like Bitcoin (BTC) and their promotion are not looked upon favorably everywhere, with the Russian government even blocking ce...
Gorilix Weathers the Crypto Storm During Successful Presale
Place/Date: – July 4th, 2022 at 4:14 pm UTC · 3 min read Source: Gorilix Photo:Gorilix The cryptocurrency market took a historic beating in Q2 2022, and Q3 has only just begun. Despite market co...
Crypto Market Crash: Best Coins to Buy in the Dip
The 2017 crypto crash was the year that bitcoin came crashing down, falling below 83% and shocking traders and the world alike. It first began with a surge that beat its all-time high price. Then in F...
Crypto market cap sees $50 billion inflow in 24 hours as cryptocurrencies turn green
After spending the majority of the last week in the red, the crypto market turned green on July 5, buoyed by the flagship cryptocurrency Bitcoin (BTC), which has seen its price briefly climb above the...
Singapore Regulator Considers Strengthening Safeguards on Crypto Access to Retail Trading
A Senior Minister said Monday that Singapore Central Bank is concerning updating its crypto regulations to strengthen further system safeguards on access to cryptocurrencies among the general public. ...
Bitcoin Tests $20K as Crypto Markets Add $50 Billion in a Day
After several days of trading sideways, bitcoin finally initiated a leg up and spiked above $20,000. Most altcoins are also well in the green today, led by Ethereum’s impressive 9% surge. Bitcoin Look...
Singapore to Impose Stricter Crypto Regulations – crypto.news
Singapore’s Monetary Authority is currently weighing the possibility of stricter crypto regulations. This was contained in a letter sent by the regulator to the country’s parliament on Monday. A Legis...
This Ethereum On-Chain Data Suggests That Coin Is on Verge of Another Sell-off
Arman Shirinyan Unfortunately for Ethereum holds, on-chain data shows that assets still remain under pressure Following Independence Day in the U.S. on July 4th, traders have pushed the price of the s...
Singapore regulators mulling more restrictive crypto policies
The Monetary Authority of Singapore (MAS) says it is considering more restrictive crypto regulations, the financial regulator stated in a letter to the country’s parliament dated July 4. According to ...
SkyBridge Capital Founder Weighs in on SEC’s Crypto Position
Grayscale’s ETF is the latest fund to be rejected by the SEC, joining SkyBridge, VanEck, and WisdomTree. The move has sparked numerous debates. The Securities and Exchange Commission (SEC) officially ...
Indian Crypto Exchanges See A Huge Blow With New Tax Rules
Alerts from Indian cryptocurrency exchanges that a disputed fresh transaction fee would reduce trade are going to come into reality, with volumes dwindling since the tax went into force. According to ...
Crypto Markets Recover Aiming to Stabilise, Yet the Bearish Trend Still Prevails!
The crypto space after a couple of days of plunging hard has witnessed a sigh of relief as the market turn greener. Most of the altcoins are currently trading above their respective resistance levels ...
Crypto’s “Be Your Own Bank” Appeal Needs To Extend To DeFi
Various DeFi platforms provide access to DeFi solutions and promise high returns and a seamless experience. However, these platforms are often centralized and will be in control of user funds, instead...
Latest XRP Milestone Bigger Than We Realize, Says Crypto Legal Expert Jeremy Hogan
Legal expert Jeremy Hogan says the initiative to use the XRP Ledger (XRPL) in Colombia’s land registry system is a “huge” accomplishment. Hogan claims the partnership between Colombia and XRP Ledger i...
Hacker Offers to Sell 23 Terabytes of Stolen Data Belonging to Chinese Citizens for 10 Bitcoin – crypto.news
A hacker going by the pseudonym ChinaDan has claimed that he is selling about 23 terabytes of stolen personal information belonging to more than one billion Chinese citizens. Stolen Data Is Available ...
Pollux Coin (POX) Is Now Available for Trading on LBank Exchange
INTERNET CITY, DUBAI, Jul. 5, 2022 – LBank Exchange, a global digital asset trading platform, has listed Pollux Coin (POX) on July 5, 2022. For all users of LBank Exchange, the POX/USDT trading pair i...
Indian Exchanges Volumes Slump Further Following Recent Crypto Tax
In the wake of major Indian exchanges witnessing drastic drops in trading volume since the 30% tax on obtained revenues came into effect on April 1, the industry now encounters additional downward pre...
African infrastructure firm lands $150M to launch crypto water token
South Africa-based H20 Securities has reportedly raised $150 million from the GEM Digital investment firm through the sale of the H20N token. By investing such a tremendous amount, GEM Digital will ho...
3AC’s Crypto Is Still on the Move After Liquidation and Bankruptcy Filing
Alex Dovbnya Troubled crypto hedge fund 3AC has moved tens of millions of dollars to Kucoin Embattled cryptocurrency hedge fund Three Arrows Capital has transferred tens of millions of dollars worth o...
Crypto.com provides effortless crypto price tracking alternative
Cryptocurrencies and blockchain technology have certainly dominated the news over the last two years. The recent downtrend is not stopping countless crypto enthusiasts from riding the rising waves of ...
Cardano’s Vasil Hard Fork Goes Live on Testnet – crypto.news
Cardano (ADA) has completed a hard fork of its testnet in preparation for the planned Vasil upgrade. The new development offers increased scalability and enhanced network performance. Cardano’s Vasil ...
Central African Republic Launches National Crypto Hub Project Sango
The Central African Republic (CAR) has doubled down on its plans to embrace the technology underpinning Bitcoin (BTC) with the recent launch of Project Sango, a National crypto hub. Having been teased...
Indian Crypto Exchanges See Volumes Plummeting 80% Since July 1 Due to New Tax Rules
Effective July 1, the Indian government has started levying a 1% tax at the source (TDS) for trading cryptocurrencies. Just in the last five days, volumes at three major cryptocurrencies – ZebPay, Waz...
WonderFi Completes $30m Acquisition of Canadian Crypto Platform Coinberry
Crypto marketplace WonderFi has completed the $30 million acquisition of Canadian crypto trading platform Coinberry. The acquisition was closed after being admitted to trading on the Toronto Stock Exc...