Breaking news coverage from cryptocurrency world about key figures, exchanges, startups, investment, applications, regulation and more.
Besides the funding, the handpicked projects will receive cross-industry mentorship from other Beacon contributors.
Globally-renowned exchange Binance recently admitted that its BUSD peg was inadequately undercollateralized by $1 billion.
The financial details of the deal remain undisclosed but come off as the first acquisition Fidelity Investments has made in about 7 years.
The master loan agreement (MLA) between Gemini’s customers and Genesis now ceases to exist.
Popular exchange Coinbase recently announced an 18% staff layoff to strengthen its financial position in the face of a crypto crunch.
Griffith expects the stablecoin to lead up to the introduction of a CBDC.
Like many other companies that had to reduce their headcounts, Wells Fargo is also about to go through a new layoff due to strategic changes.
e-Money noted that the European MiCA legislation will likely hinder the scalability of Euro-backed stablecoins while further limiting business opportunities in the sector.
With more than 650 million visitors across 175 regions each week, App Store has generated more than $320 billion since its launch in 2008.
Winklevoss accused Genesis of recklessly lending to Three Arrows Capital (3AC) and hoping to “buy time to dig themselves out of the hole which they had created”.
According to a disclosure letter dated November 30, Zipmex told rescue investor V Ventures that Zipmex Thailand had gone beyond what it initially said about the Earn program.
Ondo Finance will help customers invest in deep liquidity low-risk traditional assets through blockchain technology.
Although Jamie Dimon remains a Bitcoin critic, JPMorgan continued to make waves in the blockchain industry.
Although 2022 witnessed a major crash in crypto fundraises, it was still higher in comparison to 2018, 2019, and 2020. Market analysts expect VC investments in crypto to resume by the summer of 2023.
GALA was the top-gainer among the NFT rally that began last week and was last seen changing hands at $0.042.