Cryptocurrency Analysis and News Portal
The Indian Government's apex public policy think tank, NITI Aayog, has launched a blockchain module in partnership with 5ire, a blockchain focused company, and Network Capital, a mentorship and career exploration platform. Source
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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 the current environment, according to
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The recent risk revival in traditional markets and cryptocurrencies may not sustain as the U.S. central bank is still fighting inflation, the Singapore-based crypto options trading firm said. Source
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On Tuesday, global asset manager Hashkey, which focuses on crypto and blockchain investments, announced that it has closed its third fund at $500 million. The company’s “HashKey Fintech Investment III” is dedicated to developing crypto solutions, blockchain technology, and Web3 concepts. Hashkey Capital’s Fund III to Focus on Web3, Emerging Markets
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The notion that bear markets are good for builders appears to be true with the total number of monthly active Web3 developers increasing 5.4% to more than 23,300 over the last 12 months despite a near 70% drop in crypto prices.According to a Jan. 16 report from Electric Capital, “full-time”
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According to reports, the founders of the now-defunct crypto hedge fund Three Arrows Capital (3AC) are seeking to raise $25 million from investors to start a new crypto exchange called GTX. This solicitation for new capital comes after 3AC co-founders Su Zhu and Kyle Davies were subpoenaed over the social
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Venom Ventures Fund (VVF) has announced a $20 million funding investment in Nümi Metaverse, a universal platform for creators, innovators, and followers, as its first Web3 backing.Venom Foundation, an Abu Dhabi Global Market (ADGM) licensed Layer-1 blockchain has announced a strategic partnership with Iceberg Capital Limited, an ADGM-regulated investment manager,
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Venom Foundation, the first Layer-1 blockchain licensed and regulated by the Abu Dhabi Global Market (ADGM), and Iceberg Capital, an ADGM regulated investment manager, officially announce that they have partnered to launch a $1 billion venture fund called Venom Ventures Fund (VVF).The blockchain-agnostic fund will invest in innovative protocols and
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Kyle Davies, the co-founder of bankrupt hedge fund Three Arrows Capital (3AC), disclosed in a Twitter thread that the first meeting of 3AC creditors was held on Jan. 11. Davies invited all creditors to join the group and announced that it would meet regularly.According to Davies, creditors continue to express
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Albright Capital has dropped its lawsuit against Terraform Labs and its founder Do Kwon, according to a Notice of Voluntary Dismissal filed in U.S. District Court on January 9. Before its dismissal, the lawsuit had alleged that the company had violated the Racketeer Influenced and Corrupt Organizations Act (“RICO”) by
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