OP Crypto to Support Other Crypto VCs with $100 Million Fund
The fund will look to back crypto fund managers with experience in non-fungible tokens (NFTs), gaming, decentralized finance (DeFi), Web3.0 and the metaverse.
This category covers crypto market news today, including crypto index trends, major exchange data, capital flows, sentiment shifts, regulation impact and crypto’s interaction with traditional finance. Designed to help you understand the forces driving valuation across tokens, sectors and regions.
The fund will look to back crypto fund managers with experience in non-fungible tokens (NFTs), gaming, decentralized finance (DeFi), Web3.0 and the metaverse.
South Korean multinational electronics corporation, Samsung Electronics has announced it has started the production of its 3nm Chip, a more advanced chip that uses the Gate-All-Around (GAA) transistor architecture.
Kyve said that a major part of its funding will be allocated to the expansion of its Web3 data lake. Kyve will also focus on unique use cases and integrations L1 and L2 projects.
Struggling digital assets lending company, BlockFi may be selling out its remaining assets worth more than $4.5 billion for just $25 million to FTX cryptocurrency exchange.
Crypto exchange Coinbase has agreed to sell geo-tracking data to Immigrations and Customs Enforcement (ICE).
The S&P 500 and the US equity market have had a brutal first half of 2022. With inflation fears sticking around, the market could likely continue to stay in selling pressure going ahead.
USDC issuer, Circle Internet Financial, has released Euro Coin (EUROC), a euro coin stablecoin backed by full reserves.
FTX Derivatives Exchange was reportedly amongst the deep-pocket investors that showed interest in coming to the aid of embattled crypto lender Celsius Network but walked away after getting the full details of the company’s finances.
German luxury and commercial vehicle automotive brand Mercedes is planning to launch its non-fungible token (NFT) collection on FTX.
Officials of the European Union (EU) have reached a partial agreement to establish a new regulatory body that will oversee Anti-Money Laundering (AML) fights in the region.
According to the Pentagon report, the blockchain is vulnerable. It says only 2 and 4 participants can disrupt BTC and ETH, respectively.
Crypto exchange Coinbase will handle all the technicalities and will simplify things for users without having them go through the difficulty of staking tokens individually.
The latest news follows rumors that FTX was in talks to acquire a stake in the cryptocurrency lender, which this month entered into a $250 million loan deal with FTX.
The former co-founder of Ripple Labs, Jed McCaleb, is weeks away from running out of XRP since he has been continually dumping the crypt asset for eight years.
Crypto exchange Coinbase is looking to scale up operations outside the US by acquiring more European licenses.