Hedge funds plan to buy more crypto amid a down market and potential regulatory clarity

The crypto hedge fund market is evolving as traditional players want to get a slice of the digital asset pool. What seemed like a rare sector is now gaining popularity as the number of specialized crypto hedge funds has grown to over 300 globally, according to PwC's Global Cryp

Jay-Z and Jack Dorsey launched a Bitcoin academy in a public housing complex

Twitter co-founder and Block CEO Jack Dorsey is teaming up with artist Jay-Z (Shawn Carter) to launch The Bitcoin Academy at Marcy Houses, the public housing complex in Brooklyn, New York where Jay-Z grew up. The initiative aims to provide financial education with an emphasis on Bitcoin as a path t

As DAOs continue to blossom, here’s how to keep yours from wilting

"http://localhost:81/images/resimler/speakable-summary"> This past year has been one big growth spurt for DAOs (decentralized autonomous organizations) but not everyone in the space is convinced that they're being formed properly or in a way that ensures success. Before we get in

Meet the trans, anarchist founder who just landed $25M to reform how crypto is stored

Tux Pacific isn’t your average tech founder. They’re a self-taught cryptographer who dropped out of college, a proud member of and advocate for the transgender community and a self-described anti-capitalist anarchist who believes in free-market principles deeply rooted in the early days

Multicoin Capital leads $60M investment in Delphia to give retail investors edge against hedge funds

"http://localhost:81/images/resimler/speakable-summary"> As retail investors get crushed by market conditions, Delphia, a mobile-investment platform, wants to give them an edge to better square up against hedge funds and other institutional investors. The stock-picking startup with a

Crypto startup Ledger teams up with Cathay Innovation to launch $110M sector fund

Cathay Innovation is hoping to secure the bag in a new investment partnership with a company that secures crypto assets. The $1.5 billion venture capital firm is entering the crypto market with a new $110 million fund dedicated to the sector that it will operate jointly with Ledger, a French startu

PayPal is finally allowing users to move their cryptocurrency to other wallets

In response to customer demand, PayPal announced today that its users will now be able to transfer cryptocurrency from their accounts to other wallets and exchanges. “This feature was the most demanded from our users since we began offering the purchase of crypto on our platform,” said Jose Fer

Three-quarters of Asia’s wealthy investors will own digital assets by 2022

Seventy-three percent of “affluent” investors in Asia intend to hold some form of digital assets by the end of 2022, according to a new report from consulting firm Accenture. It’s unclear how Accenture surveyed the population across the expansive region or defined “affluent&

New York Senate passes moratorium to ban carbon-based crypto mining

The New York Senate has passed a bill that bans crypto mining operations that use carbon-based fuel to power their facilities. The bill specifically is targeting proof-of-work mining, which is one of the two most popular mechanisms cryptocurrencies use to verify new transactions on

Coinbase extends hiring freeze, rescinds some accepted offers

Coinbase announced today that it will extend its hiring freeze and revoke accepted offers from some candidates who haven’t started their roles yet. The third-largest crypto exchange by volume, Coinbase began to slow hiring two weeks ago, but this move is more drastic. “A

DOJ case against ex-OpenSea exec could label NFTs as securities, former SEC lawyer says

"http://localhost:81/images/resimler/speakable-summary"> There has been no shortage of conversations surrounding the NFT market after the seemingly quiet industry was elevated to the forefront of the crypto space in the last year as adoption accelerated. Until now, there hasn't b

Gemini lays off 10% of workforce as the ‘crypto revolution’ enters its ‘contraction phase’

"http://localhost:81/images/resimler/speakable-summary">Crypto platform Gemini has cut approximately 10% of its workforce, per co-founders and twin brothers Cameron and Tyler Winklevoss. In a post announcing the news, the duo attributed the layoffs to “turbulent market conditions that are likely t

Developer infrastructure expert Anand Iyer goes solo with new $20M crypto fund

Engineers are the bedrock of any tech product, and blockchains are no exception. As the race between different chains heats up, communities of loyalists are duking it out to attract developers to their blockchain of choice in hopes that doing so will turbocharge growth. And competition aside, witho

VC funding for crypto projects fell in May, but many investors remain bullish

"http://localhost:81/images/resimler/speakable-summary"> In 2022, capital is being deployed into crypto at a less noteworthy pace month over month, but in the grand scheme of things, levels are significantly higher than last year, showing that the space has matured significantly and the bar is now m