Binance Labs plans to allocate the latest $500 million fund to projects across various stages — incubation, early-stage and late-stage growth. Binance Labs, the investment arm of crypto giant Binance, launched a $500 million fund in partnership with global investors including DST Global Partners and Breyer Capital to drive innovation across the crypto, Web3 and…
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Harvard lecturer Bruce Schneier said in a report that blockchain is not secure and not really decentralized. Anti-crypto technology experts urged United States lawmakers to resist the influence of pro-crypto lobbying efforts. Bruce Schneier, a lecturer at Harvard, reportedly said that blockchain advocates’ claims are “not true.” He added that the technology is not secure…
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Tether stablecoin’s reported bank partner Capital Union supports a large variety of digital assets as part of its trading and custody services. Capital Union, a Bahamas-based bank that reportedly holds a portion of reserves by the Tether (USDT) stablecoin issuer, has been itself actively involved in the cryptocurrency industry. The banking institution has rolled out…
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A look back on the week that was the World Economic Forum and how crypto might have stolen the show. The spectacle that is the World Economic Forum (WEF) came to a close in Davos, Switzerland on Friday, May 27. Nearly 3,000 people from over 110 countries took planes, trains and helicopters to the highest…
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FTX has sought to integrate brokerage services internally to fulfill trades automatically, however, CFTC has called for greater scrutiny of the demand as it would lead to a monopoly of big players. Goldman Sachs, one of the leading investment banks in the United States is reportedly trying to onboard some of its derivatives products into…
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The government of Kazakhstan has collected $1.5 million from crypto miners in the first quarter of this year, official data shows. The money comes from a fee charged on the electricity spent to mint digital currencies, which was introduced in January. Crypto Mining Increases Budget Revenues in Kazakhstan Kazakhstan has received 652 million tenge (almost…
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On May 18, 2022, MADworld released and sold out the 1st collection of the POPEYE METAVERSE MADNESS NFT in record-breaking time. MADworld is grateful to the Community who helped us successfully launch the POPEYE METAVERSE MADNESS NFT program. We are delighted to have you onboard and join us at the very beginning of a wild…
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Singapore’s deputy prime minister has advised retail investors to steer clear of cryptocurrencies, citing that they are “highly risky.” He stressed, “We cannot express this enough.” Singapore’s Deputy Prime Minister Warns About Crypto Singapore’s Deputy Prime Minister Heng Swee Keat reportedly warned retail investors against investing in cryptocurrency Tuesday while speaking at the Asia Tech…
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Bitcoin price made another attempt to clear the USD 32,200 resistance zone and spiked to USD 32,400 where the bears emerged. It is currently (04:09 UTC) trading near USD 31,600 and is almost unchanged in a day and up 7% in a week. Similarly, most major altcoins are also moving lower. ETH corrected below…
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The platform has already raised more than half of its target and still has another 21 days to go before the NFT funding campaign ends. So called “no-loss lottery” DeFi platform PoolTogether has raised 470.90 Ether (ETH) via NFT sales to fund its legal defense against a putative class action lawsuit. That means PoolTogether is…
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