Source: Adobe / LALAKA There has been a significant decline in publicly disclosed investment projects by crypto venture capitalists (VCs) during the month of October. Data from RootData indicate a 10% month-on-month decrease, with only 75 investment projects recorded compared to 83 projects in September 2023, as reported by Chinese reporter Wu Blockchain. This also…
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The Chinese fintech giant Ant Group is in the process of withdrawing its investment from the $100 million A&T Capital fund that was set up to invest in offshore crypto projects, Bloomberg reported today. A&T played a central role in Ant Group’s foray into crypto space. A&T Capital has invested in several crypto startups, including…
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In a recently filed court document, blockchain-based publishing company LBRY has signaled its intent to challenge a New Hampshire district court’s verdict. This ruling, made in November 2022, concurred with the U.S. Securities and Exchange Commission (SEC) stating that LBRY presented its digital assets as securities or investment contracts. Unregistered Crypto Securities Saga: LBRY Challenges…
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AiDoge, an AI-driven meme-generating crypto project, has successfully raised $2 million within a mere three-day span, pushing its presale total to an impressive $12 million. With only 20% of the tokens remaining for presale, the clock is ticking for potential investors seeking to secure their stake at the lowest possible prices before the official listing…
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Less than a week ago, Brett Harrison, the former president of FTX US, published a 49-part Twitter thread describing his side of the story when he worked for the disgraced co-founder of FTX, Sam Bankman-Fried (SBF). On Friday, Jan. 20, 2023, Harrison revealed that his new firm, Architect, has raised $5 million from investors such…
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