Crypto forensics startup Chainalysis raises $170M at $8.6B valuation
Chainalysis, a startup that provides crypto investigation and compliance services, has secured $170 million in a Series F funding round led by GIC, a sovereign wealth fund of Singapore. The company, which is known for helping law enforcement nab illicit crypto activities, saw its valuation double t
Coinbase CEO says India central bank’s ‘informal pressure’ prompted trading halt
Coinbase halted trading service in India because of “informal pressure” from the Reserve Bank of India, the crypto exchange’s chief executive said on Tuesday, addressing the notable Indian episode for the first time in a month.
The Nasdaq-listed firm launched its eponymous crypto
a16z, Coatue, USV invest in $725M developer fund for Dapper’s Flow blockchain
The web3 world is continuing to discover that it’s a lot harder to build a developer ecosystem than it is to build a platform.
The Flow blockchain launched by NBA Top Shot creator Dapper Labs is looking to onboard more crypto developers and it’s built up a dedicated ecosystem fund to co
US Treasury Secretary Janet Yellen pushes for stablecoin regulation by end of year
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Stablecoins have been a hot topic both on and off Capitol Hill. Earlier today, U.S. Treasury Secretary Janet Yellen pushed for regulation during an annual testimony in front of the Senate Banking Committee, at a time where Terra's algorith
Bitcoin's bid to become the ‘one chain to rule them all’
The Bitcoin 2022 conference brought over 25,000 attendees to Miami last month to discuss the future of the world's largest cryptocurrency. The event, which attendees have described as “extravagant” and compared to a bacchanal, featured a now-notorious keynote speech by Peter Thiel in which
Arianee raises $21 million to deliver ownership NFTs with physical luxury goods
Arianee has raised a $21 million Series A round (€20 million) in a round led by Tiger Global. The company issues digital ownership and authenticity certificates on behalf of partner brands.
For instance, a luxury and fashion brand can replace the authenticity card that you get with your new watch
China’s internet users are paying close attention to the crypto crash
While China has banned cryptocurrency trading, its people remain interested in the ups and downs of the crypto market, not least because many of them have found workarounds and continue to buy and sell all sorts of tokens.
Bitcoin's price continued to crater on Monday after a rough weekend, do
Bitcoin's value nears $30,000 mark as Luna Foundation Guard liquidates wallet
Bitcoin's price is down more than 50% from its November 2021 peak and has fallen over 11% today, nearing the $30,000 mark, leaving many investors scrambling to figure out what's going on.
There are two main factors driving pressure on bitcoin prices right now, Caleb Franzen, senior market a
Coinbase's NFT marketplace is off to a lackluster start
It's been a little over two weeks since Coinbase launched its highly anticipated NFT marketplace for select waitlisted beta users. Earlier this week, the company opened the service up to the public — and digital collectibles trading has been sluggish.
Coinbase's exchange has 24-hour volum
Crypto gaming is growing, but can it reach people outside of the web3 world?
Last year was big for the play-to-earn gaming scene, which goes hand-in-hand with the crypto world, but as the games become more advanced and provide more opportunities for users, what’s next for the industry?
Perhaps it's building out the gaming experience or creating new openings for no
‘Desist from facilitating trade in crypto assets’ Uganda warns banks, fintechs
Uganda's financial regulator has warned payment service providers from enabling cryptocurrency transactions in the East African country.
The Bank of Uganda, in a letter, said it had not licensed any payment provider or operator, including banks or fintechs, to sell or facilitate trade using cry
Why Axie Infinity’s co-founder thinks play-to-earn games will drive NFT adoption
The popular play-to-earn (P2E) crypto game Axie Infinity scaled to new heights in 2021, with huge spikes in transaction volumes and revenue and gaining millions of community members. But as we're almost halfway through 2022, a question stands: Is Axie holding up to its hype?
Axie was launched b
China’s tech giants are having FOMO on NFTs
In mid-April, a group of industry associations in China issued a warning against the potential financial risks of non-fungible tokens, digital assets that represent real-world objects or intangible goods like a song. NFTs must not be traded with cryptocurrencies, said the country’s banking, i
New Zealand gets its first crypto, web3-focused VC fund
The last few months have seen a wave of VC firms dedicating entire multimillion-dollar funds to the advancement of technology in the crypto, blockchain and web3 space. Most recently, Dragonfly Capital, a crypto-centered investment firm, closed its third fund for an oversubscribed $650 million. Earl