After two major cryptocurrencies collapsed, Washington has its eyes regulation. Meanwhile, UST's founder has a plan for a new Terra blockchain. ( read original story ...)
Sequoia China-Backed Crypto Financial Services Firm Hits $2 Billion Valuation
Babel Finance's latest funding round comes as the crypto market is struggling to recover from the spectacular collapse of TerraUSD and Luna. ( read original story ...)
Andreessen Horowitz bets on crypto ‘golden age’ with new $4.5bn fund
Silicon Valley venture capital firm launches its largest fund to date focused on digital assets despite market downturn ... ( read original story ...)
Volt Capital debuts second $50M fund backed by many of crypto’s kingmakers
Despite a nightmarish month for cryptocurrencies, venture backers dead-set on the sector are still amassing capital to mint new unicorns in the space. Today, the firm's honchos Marc Andreessen and ... ( read original story ...)
Crypto asset manager Babel Finance reaches $2B valuation
Despite recent swings in cryptocurrency values, many institutional investors appear undeterred. The growth of Babel Finance, which offers a suite of institution-facing crypto financial products, could ... ( read original story ...)
Andreessen Horowitz raises $4.5 billion crypto fund to take advantage of bargains in down market
Andreessen Horowitz plans to plow billions of dollars into crypto start-ups while digital asset markets are in a downturn. ( read original story ...)
Amid crypto market turmoil, Andreessen Horowitz announces $4.5 billion web3 fund
Despite a gloomy outlook for crypto markets based on the past few weeks of token turbulence, venture capitalists looking to spend their way into a web3 future aren't taking their foot off of the gas. ( read original story ...)
HeartCore Signs Go IPO Consulting Agreement with SYLA Holdings Co.
HeartCore Enterprises, Inc. (“HeartCore” or the “Company”), a leading software development company, announced that it has signed agreements with SYLA Holdings Co. Ltd. (“SYLA”) for its recently ... ( read original story ...)
Japan govt to urge BOJ to meet price goal sustainably – policy draft
Japan's government will urge the central bank to aim at achieving its 2% inflation target in a "sustainable and stable fashion," a draft of its long-term policy outline seen by Reuters showed on ... ( read original story ...)
Japan’s finance minister says addressing rising cost of living, as extra budget debated
"at-above-post addthis_tool" data-url=" Tetsushi Kajimoto TOKYO (Reuters) -Urgent steps will be taken to ease pain caused by the surging cost of living in Japan, and to help the economy recover from ... ( read original story ...)
‘Pay more attention’ Ethereum co-founder says of crypto crash
Ethereum's co-founder Gavin Wood said cryptocurrency investors need to be more aware of what is backing their holdings after a market rout which wiped more than $800 billion off their value. ( read original story ...)
Cryptocurrency crash devalues Ukraine’s government crypto fundraise
In March, the Ukrainian government said it had raised more than $60 million in crypto. Two months later, the total raised was worth $51.5 million. ( read original story ...)
Insurance Providers Rethink Their Approach to Crypto
More insurers are offering coverage to cryptocurrency companies, hoping to profit from the industry’s rapid growth. ( read original story ...)
5 Crypto Giveaway Scams – How to Stay Safe Online
Some real crypto giveaways taking place has led to a rise of crypto giveaway scams on YouTube, Twitter, Telegram ... ( read original story ...)
Crypto on May 25: Market Back In Green, Industry Remains Confident Of Bullish Cycles Ahead
Industry insiders remain optimistic about the future of cryptocurrencies in the long run. The global market cap was up 0.80% at $1.27trillion, as of 3.22 a.m. ET, CoinMarketCap data showed. Bitcoin ... ( read original story ...)
From Hero To Zero: How Terra Was Toppled In Crypto’s Darkest Hour
The disaster, sparked by the failure of Terra’s algorithmic stablecoin UST, induced a “death spiral” that slashed the dollar-pegged asset to mere cents and saw the LUNA token hemorrhage 99% of its ... ( read original story ...)