Crypto

India plans to introduce, evaluate and enforce a bill to prohibit “all private cryptocurrencies” in the country, according to a legislative agenda for the winter session. The Indian government said Tuesday evening that the proposed law will permit “certain exceptions” to pro

Changpeng “CZ” Zhao launched Binance in 2017 and, according to some sources, the company grew into the world's largest cryptocurrency exchange in the world in 180 days. The Wall Street Journal recently reported that Binance's daily transactions stood at $76 billion, a volume worth more

Less than three months after announcing a $16 million seed round led by Founders Fund and Paradigm, NFT music rights startup Royal has raised another major round of funding, banking a $55 million Series A from Andreessen Horowitz’s crypto investment arm. The startup partners with musicians an

The $1 trillion U.S. infrastructure bill, signed into law by President Joe Biden last week, contains provisions that would tax cryptocurrency trades and yield the U.S. government some $2.8 billion a year. That is, frankly, not a lot of money. The issue is that the crypto tax element

Over the past few weeks a virtual flash mob called the ConstitutionDAO, with thousands of cryptocurrency fans, crowdfunded almost $45 million to buy a copy of the U.S. Constitution. Although they lost the auction, they had already spun up a line of sweatshirts, emblazoned with emojis, distributed b

Switzerland-based privacy tech startup Nym Technologies, which is trying to commercialize an old idea for privacy-centric infrastructure (mixnets) by combining it with buzzy crypto incentives, has closed $13 million in Series A investment from Andreessen Horowitz’s crypto-focused fund, follow

Nader Al-Naji, a crypto entrepreneur who today lives in L.A., has been on a roller coaster in recent years — and he doesn’t pretend otherwise. In 2018, roughly 16 months after raising $140 million from investors for a cryptocurrency startup that aimed to develop a stablecoin, Al-Naji an

Once regarded as a fad (for some, it still is), NFTs, digital assets that depict real-world objects, are becoming increasingly popular within and outside the crypto world. But with large amounts of capital locked into illiquid NFTs, more people are looking for ways to unlock liquidity without selli

As the crypto market continues to push toward new heights, investors are finding heightened LP appetite for exposure to the space, leading to new venture funds that are huge — even by 2021 standards. Paradigm, a crypto VC firm founded in 2018 by Coinbase co-founder Fred Ehrsam and former Sequ

It’s no surprise that Katie Haun is a major proponent of NFTs, or non-fungible tokens. The former federal prosecutor who today co-leads the powerful crypto practice of Andreessen Horowitz, has been a student of the technology since at least 2018, when a16z first backed Dapper Labs, which is n

The Indian government “strongly feels” that advertisements by cryptocurrency exchanges that promise customers wild profits and are not transparent about the volatile nature of such trading must be prohibited, according to a memo outlining the summary of a meeting between the Indian Prime Minist

Discord founder and CEO Jason Citron sought to reassure users Wednesday that the company doesn’t have impending plans to shift its business toward NFTs. In a tweet earlier this week, Citron shared an image of crypto wallet MetaMask integrated into Discord’s user interface with the text

Remember when Twitter dropped NFTs and enabled Bitcoin tips? Given that founder and CEO Jack Dorsey’s Twitter bio is literally just “#bitcoin,” it’s not surprising that Twitter is interested in cryptocurrency and other decentralized technologies. Today, Twitter said that it&

When hundreds of thousands of people in the Democratic Republic of the Congo (DRC) fled their homes after the eruption of the Mount Nyiragongo volcano on May 22, a blogger and a fledgling restaurant worker teamed up in the city of Goma and used bitcoin to help displaced families. Chainglob crypto n