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Ryan Kavanaugh’s Media Firm Secures $100 Million Investment for Crypto Project

United States-based film producer Ryan Kavanaugh’s Proxima Media has unveiled a $100 million investment for a cryptocurrency-based film funding tool, entertainment industry news outlet TheWrap reported on May 23.Per the report, Proxima Media — which Kavanaugh founded and owns — announced plans for a new crypto-enabled financing tool for

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SEC Charges California Resident for Alleged $26 Million Crypto Pyramid Scheme

The United States Securities and Exchange Commission (SEC) has initiated court proceedings against a California resident for allegedly operating a multimillion-dollar cryptocurrency pyramid scheme, according to a press release published on May 23.The SEC alleges Daniel Pacheco of conducting a fraudulent, unregistered offering of securities through two California-based companies,

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Blockchain Firm Raises $4 Million From Draper’s VC Fund to Provide Uncensorable Domains

San Francisco-based blockchain domains firm Unstoppable Domains has secured $4 million in a funding round backed by venture capitalist Tim Draper, co-founder Brad Kam told Cointelegraph in an email on May 23.Following a $730,000 seed round led by investment firm Boost VC, Unstoppable Domains has carried out a Series

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