Cryptocurrency Analysis and News Portal
Venture capital firms poured $14.2 billion into crypto across 725 deals in the first half of 2022, but big four accounting firm KPMG predicts investments will likely slow for the remainder of the year. According to a newly released KPMG report on Sept. 6, the largest investments in H1 2022 came from German-based
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During the crypto bull run last year, Bitcoin hit the $50,000 mark for the first time and exceeded many expectations. As a
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Carlyle Group co-founder David Rubenstein acknowledged on Sept. 2 that he has invested personally in a number of crypto companies, and is optimistic about the industry’s path to regulation in the United States.Speaking with CNBC'S Squawk Box on Thursday, the billionaire said he believes that government regulation will be positive for the
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El Zonte, a beach in El Salvador rebaptized as “Bitcoin Beach” due to its adoption of the cryptocurrency, will receive infrastructure investments as part of a strategic plan of the government of El Salvador. Surf City, another beach location in the La Libertad region, will also receive road improvements and
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The managing director of the Monetary Authority of Singapore (MAS), Ravi Menon, addressed the agency’s mixed signals on crypto in the public sphere at a seminar on Aug. 29.The public claimed that local regulators were spreading crypto-positive sentiments while simultaneously threatening more regulations. According to the new statement from Menon,
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A Latvian national has been handed over to the United States where he is accused of fraud through several companies offering false crypto investment opportunities. Ivars Auzins will appear in a federal court in Brooklyn to face multiple charges of wire and securities fraud. Latvian Authorities Transfer Alleged Crypto Fraudster to
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High rates of crypto ownership, with purchases often made on advice from Youtube and Facebook, make “a strong case for regulation,” according to the Australian Securities and Investments Commission. The watchdog backs its stance with poll results showing nearly half of retail investors in Australia keep one coin or another. Australian
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“Everybody knows that crypto is hard. There's extreme market volatility, and that’s intimidating to first time investors or wannabe investors,” CEO Jameson Rader told CryptoX. “Fortunately, there is dollar-cost averaging, which is a proven financial strategy to minimize exposure and risk to market volatility.” Source
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Three United States senators have written to Fidelity Investments CEO Abigail Johnson demanding an explanation for the financial services company’s decision to include Bitcoin-exposed funds in its 401(k) retirement plans. “This decision is immensely troubling,” they wrote.Democrats Dick Durbin, Elizabeth Warren and Tina Smith sent their letter Tuesday. The letter,
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Beller co-created Facebook’s libra stablecoin project (the company is now Meta and libra, renamed diem, was recently shut down) before joining NFX in September 2020. The company's Fund III – which has more of a focus on crypto investments than Fund II – launched shortly thereafter. Fund III capital has
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