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Since being approved as a "regulation-free blockchain zone" by the South Korean government in 2019, Busan has been pushing itself as a blockchain hub and entered into several partnerships with firms in the industry. It has signed agreements with some of the world's largest crypto exchanges including Binance, FTX and
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How Crypto Traders Are Reinventing Venture Capital Original Source
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The Tel-Aviv Stock Exchange, the only public stock exchange in Israel, has announced that it is entering the crypto space and creating a platform for digital assets. “The next five years are a critical window of opportunity for TASE to play an active role in the technological revolution of the
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The numbers don’t lie, either. RTFKT’s Discord server currently boasts just under 232,000 members. By contrast, Adidas sits at almost 57,000 at the time of writing. Web3 natives like CryptoPunks and Bored Apes Yacht Club (both owned by Yuga Labs) are also trailing behind, with 71,000 and 172,000, respectively. Source
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While the crypto industry has not tried to defend against the actual allegations – that the DAO, with its predecessor company, bZeroX, offered unregistered products to U.S. customers – it has collectively expressed concern about how the CFTC has gone about trying to bring a case against the DAO. Specifically,
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In the Dimplx annual report, the directors alleged the audited Binance Digital financial statements for the period ending on Dec. 30, 2020, were inaccurate and incorrectly recorded the share capital allotted to Dimplx. Amended financial statements for the same period filed on April 14, 2022, "remain unreliable for the purposes
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The crypto winter has clearly been rough for the miners, who have seen profit margins shrink as bitcoin prices plunged more than 50% this year, while power prices soared and capital dried up. This has directly hurt prices for infrastructures required for bitcoin mining, including the highly specialized computers, which
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Data from Cryptox Research reveals that in August 2022, the blockchain industry saw $1.36 billion of venture capital invested in the blockchain industry — a 12-month low and the fourth consecutive month-on-month decline in capital inflows. August’s inflows represent a 31.3% drop from July’s $1.98 billion, and the 101 deals
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On Wednesday, the Japanese financial holding company and principal member of the Nomura Group, Nomura Holdings, announced the launch of a crypto-focused venture capital unit called Laser Digital Holdings. Nomura’s move follows a number of financial giants entering the cryptocurrency industry this year. Nomura Introduces Laser Digital Holdings The investment banking giant
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It’s unclear what the funds will be used for, as Alchemy has a history of making investments through its venture capital arm and a separate grants program. Original Source
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